For almost five decades, Iran’s Islamic government has survived financial pressure from the U.S. by selling oil to China. It confronted American military might with guerrilla tactics. But with the U.S. Navy’s blockade, that strategy might have met its match, analysts said. French Commandant Thomas Scalabre points towards the positions of ships on the Strait…
Iranian President Masoud Pezeshkian on Tuesday responded to demonstrations at the country’s economic crisis by calling for dialogue with the protesters, while the security forces warned of possible widespread unrest. “I have instructed the interior minister to engage in dialogue with representatives of the protest movement and consider their demands,” Pezeshkian wrote on X. He…
No two speculative booms are exactly alike, of course, but they share some common elements. Typically, there is great excitement among investors about new technology—in today’s case, A.I.—and its potential to boost profits for companies positioned to take advantage of it. In the twenties, commercial radio was a novel and revolutionary medium: tens of millions…
Pakistan Army chief of staff Asim Munir has revealed a plan to pull Islamabad out of its economic crisis and debt. In a conversation with Pakistani writer Suhail Warraich, the Field Marshal hinted at a “rare earths treasure”, shortly after US expressed its interests in Pakistan’s mineral reserves. Warraich claimed Munir revealed his ambition for…