Author Archives: Yves Smith

Iran War: Trump Mulls Kinetic Options, Mojtaba Warns, US Consumers Suffer

Today’s Iran war news: Trump is considering action as Iran warns that being more stupid will come at a high price.

Trump’s Neo-Reagan Doctrine Is Rolling Back Russian Influence Across The World

Trump is pursuing the Reagan strategy of threatening Russia’s partnerships. Will that work?

Iran War: Oil Rises to $126 Due to Press Reports of Briefing to Trump on Military Options; Iran Threatens to Counter US Blockade

Today’s Iran war update: Trump is still trapped in his own mess and is too seriously considering more self-destructive kinetic action

US-Led Sanctions: The End of a Regime

Why the US sanctions regime has become a dead letter.

Satyajit Das: The Re-Shaping of the Persian Gulf and Energy Markets

Are the Gulf states a wild card that could unblock the impasse between the US and Iran?

Supreme Court Justices Weigh Monsanto Bid to Block Warning Lawsuits in Glyphosate Litigation

A good recap of the Monsanto glyphosate case now before the Supreme Court, including its broader implications.

Link 4/29/2026

Russell’s Teapot: Dispatches From the Final Stage of the AI Bubble

The AI future sold to markets rests on claims that cannot survive scrutiny, not foresight but hype dressed up as inevitability.

Iran War: Trump Insanity Escalates, Administration Doubles Down on Failed Economic Strangulation as Iran Digs In and Costs to World Rise; Israel Destruction of South Lebanon Continues

Today’s Iran war update: the appearance of limited action continues to mask ongoing damage to the world economy

US Military Strategy Document Misleads. Deliberately?

To what degree is the Trump Administration implementing its much-ballyhooed US National Defense Strategy?

Links 4/28/2026

Why Food Additives May Not Be FDA Reviewed

Discussing a decades-old FDA loophole for putting new ingredients into the country’s food supply.

Links 4/25/2026