Oil importer China won’t aid Trump economic warfare against Iran
Factor in the US midterms when calculaitng Trump’s willingness to retaliate via economic war with the third-largest US trading partner
Blacklisted Chinese firm CGN runs power stations in South Korea
CGN stole US nuclear secrets for almost two decades, according to the FBI, and it’s on the US Department of War’s Chinese military companies list
US Reaper drones near end of the line in a new war era
US is racing to replace costly and vulnerable MQ-9 Reaper with cheaper drones built for near-peer wars of attrition
South Korea’s economy at risk as Trump throws it under bus
The $350 billion Trump wants from Seoul equals roughly 18% of Korea’s GDP – a sum large enough to push the economy back to the brink of collapse
Flood of discounted auction homes deepens China’s property slump
Many families now face job losses, lost homes and crushing debt, all within a single punishing housing crisis
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AUGUST 21, 2026
Bond markets defy Bessent’s attempt to force rates lower
- Bessent follows in the footsteps of Kuroda
- Debt deluge drives bond yields to the danger zone
- Ukraine’s wartime political consensus begins to fray
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