Economics

The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus

Yves here. Before you take Andrew Korybko’s view as extreme, a new story in the Washington Post, framed as Trump hosting a meeting on Friday to try to broker a “peace deal” between Armenia and Azerbaijan. Even though it does not mention the idea of a US lease of the Zangezur Corridor even though that […]

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Coffee Break: Armed Madhouse – Iran Has the Bomb

Theodore Postol is a retired MIT physics professor who was a consultant to the Pentagon on nuclear weapons and missile defense. He recently published a presentation on Iran’s nuclear weapons capability, which he summarized in a YouTube interview. Professor Postol explains, in considerable detail, how the construction of a deliverable fission bomb is well within

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Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?

Trump, whose actions are regularly driven by his (often mistaken) perceptions of weakness in other parties, has decided to have a go at India over its purchases of Russian oil. The fact that so far, India is the only country singled out for this treatment suggests that Trump thinks he is engaging in “Kill the

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Less Than Four Months After Joint IMF-World Bank Bailout and Lifting of Currency Controls, Argentina Is Back in Crisis Mode

“The IMF’s maximum credit to Argentina… is projected to reach 1,352% of the country’s quota in 2026. This would be the Fund’s largest exposure in absolute terms in its history.” Before we get to the meat of this story, let’s begin with a wee refresher. On April 11, as readers may recall, Argentina’s faux libertarian

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Economists Wake Up to West’s Trade and Technology Dependence on China

Yves here. Even though my rewritten headline to a VoxEU piece (originally Risks in the new international trade landscape) may seem surprising, you’ll see that its even its opening paragraph depicts risks that have long been underway as if they were relatively new developments. The reason for showcasing this article despite that is that it

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Links 8/4/2025 | naked capitalism

At 101 years old, last original client of Frank Lloyd Wright attributes good health to his Usonian home’s design Archinect 400-mile chain of ‘fossilized volcanoes’ found buried deep under South China Interesting Engineering This Millipede’s Secretions Could Help Target Brain Disorders, Scientists Say StudyFinds Climate/Environment Sea Level Mis-information from DOE Open Mind How the DOE

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Wall Street Journal Describes How AI Will Eat McKinsey’s Lunch

Even thought the Wall Street Journal has “oh so reasonable” quotes from McKinsey spokescritters as to how “The Firm” is adapting to AI, the headline suggests otherwise: AI Is Coming for the Consultants. Inside McKinsey, ‘This Is Existential.’ The article has McKinsey officials make the key concession, that AI can replace a fair bit of

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