Author Archives: Yves Smith

Iran War: Iran Pushes Back Against Trump “Deal Is Nigh” as More Evidence of US Failure Emerges, Including Gulf State Mini-Revolt, Even More US Base Destruction, Jet Fuel Price Rise Damage, Conservative Opposition to Trump Climbdown

Today’s Iran war news: The US again engages in market-manipulating deal head-fakery as more evidence of its weak position accumulates.

Read more...

Economic Management in War: Professor Michael Hudson in Discussion with Ian Proud

An informative and wide-ranging conversation of how economic policies can neglect, support, or impede the prosecution of war

Read more...

Iran War: Trump “Pauses” Failed Operation Freedom, Rubio Claims End to Epic Fury With Strait of Hormuz Still Blockaded and Alarms About Real World Damage Rising

Today’s Iran war news: Team Trump says it is abandoning Project Freedom and Epic Fury while keeping the damaging blockade and sanctions on.

Read more...

Iran War: Iran Targets US Warships, US Reports Small Successful Gulf Transit, Iran Hits UAE; Putin Call for Middle East to Be a WMD-Free Zone, Challenging Israel Nuclear Program; US Renewed Strikes Still Look Imminent

Today’s Iran war updates: skirmishes flare as Iran contests Trump’s lame Operation Freedom; a bigger attack seems likely.

Read more...

Iran War: Peak Chaos as Trump Announces “Humanitarian” Convoy to Enter Strait to Free Trapped Ships, Soon Walked Back by Officialdom; Negotiations Reported as Collapsing as Iran Toughens Position; UAE Enters War

Today’s Iran war news: Trump carries on with his signature chaos-making, but not necessarily to his advantage.

Read more...