President Donald Trump abruptly paused “Project Freedom” — a US military operation to escort ships through the Iranian-blockaded Strait of Hormuz — roughly 36 hours after it began. According to NBC News, the reversal came after significant backlash from key Gulf allies, particularly Saudi Arabia. Trump announced the operation via social media on Sunday, surprising Gulf partners. In response, Saudi Arabia suspended US access to Prince Sultan Airbase and Saudi airspace, which are critical for providing air cover (fighters, tankers, and defensive umbrella) to ships transiting the strait. A phone call between Trump and Crown Prince Mohammed bin Salman failed to resolve the dispute. Other allies (e.g., Qatar, Oman) were also caught off guard, with coordination occurring only after the public announcement.
Climate Crisis
AP: Measuring climate change: It’s not just heat, it’s humidity
When it comes to measuring global warming, humidity, not just heat, matters in generating dangerous climate extremes, a new study finds. Read Here Photo: Alexandermcnabb licensed under the Creative Commons Attribution-Share Alike 4.0 International
Economics
Bill Mitchell: The Japanese denial story – Part 2
This is the second of two excellent articles of analysing Japan’s finances and economy in relation to MMT. What one always has to give Bill Mitchell credit for is that climate change always plays an […]
Corruption
This is Money: Fury at United Utilities as it pays £180m dividend while planning to impose a hosepipe ban on customers
This is the sort of predatory capitalism being promoted by the EU neo-liberalism. Utilities should be privatised as the private sector is “more efficient”. This is just half the story. In the end the state […]
Be the first to comment