The US Treasury Department has removed Fly Baghdad and two aircraft from its sanctions list. This action follows earlier targeting of the airline for suspected Iran links. The airline’s owner, Basheer Al-Shabbani, however, remains under active US sanctions. Authorities have now directly linked Al-Shabbani to Iran’s Quds Force. This move suggests an evolving US approach to select aviation entities tied to Iran.
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I keep warning of a crisis. But the question to ask is whether there is evidence of it happening. There is. Take this chart from the FT on US oil reserves, which are falling rapidly: […]
Exports to third countries (calendar and seasonally adjusted exports of goods), October 2022 61.2 billion euros -1.6% on the previous month +15.3% on the same month a year earlier Read Here
Members of two Palestinian families have filed a criminal complaint against German leaders for aiding and abetting Israel’s genocide in Gaza. Lawyers acting on their behalf have requested that German federal prosecutors investigate Chancellor Olaf […]
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