The Economist

Defence upstarts are changing how the US wages war.

THE ECONOMIST: Defence upstarts changing how US wages war

The Trump administration is cosying up to new tech which is shaking up the traditional military industrial complex.

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Iran and the United States will need to agree to an imperfect peace deal.

Why an imperfect US-Iran deal is the only path to peace

Both the United States and Iran must compromise to protect the ceasefire and end this futile war.

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States could topple like dominoes if a nuclear arms race is triggered.

Domino effect: Arms race would start nuclear chain reaction

The head of the International Atomic Energy Agency warns states could topple like dominoes in a dangerous new world of weapon proliferation.

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Trump’s Strait blockade undermines global rules and raises the risk of wider conflict.

How Donald Trump’s new blockade risks wider war

The blockade undermines international law and raises the risk of wider conflict.

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Donald Trump, Kevin Warsh and Jerome Powell.

America’s next Fed chair is caught in a vice

War, oil shocks and stubborn inflation collide to derail hopes of rate cuts and test the Fed’s independence.

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Even with the Strait open, a ceasefire will not bring peace to world energy markets.

Ceasefire will not bring peace to world energy markets

Opening the Strait of Hormuz will not stop the economic fallout but there is a silver lining to the turmoil.

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The Iranian flag flies at the Persian Gulf Star gas refinery in Bandar Abbas.

The third Gulf war will scar energy markets for a long time

A tentative ceasefire may be in place between the United States and Iran but residual risks and ruined infrastructure will keep energy prices high.

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Yemeni soldiers keep vigil, as supporters of the Iran-backed Houthi movement, in solidarity with Iran and Lebanon on April 8.

Ceasefire cold comfort for Gulf states on the edge

The United States and Iran may have hit pause but the war has left the Gulf states exposed and searching for reliable allies.

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The present-day crew aboard Artemis II.

Astronauts returning to a planet they have cheered up

The moon mission has recaptured some of the enthusiasm of early lunar flights.

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Some farmers are switching to crops that do not need as many nutrients, such as soyabeans.

The war in the Gulf could cause a global food shock

Since the US and Israel first attacked Iran, a third of fertiliser exports have been blocked from passing the Strait of Hormuz. Soaring prices are now sowing panic among the world’s farmers.

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Government borrowing costs around the globe are being pulled in opposite directions.

The inflation v recession tug of war

Government borrowing costs around the globe are being pulled in opposite directions.

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Kharg Island is an export terminal for 90 per cent of Iran’s oil.

THE ECONOMIST: How would American ground forces take Kharg?

Jimmy Carter and Ronald Reagan both considered invading it. Saddam Hussein bombed it. In 1988 Donald Trump said that were he president, he would ‘do a number’ on the island. 

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Donald Trump has sent thousands of troops to the Middle East.

The perils of a ground war in Iran

Donald Trump is deploying troops. Is he repeating the mistake of Vietnam, Iraq and Afghanistan?

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Since Iran blocked the Strait of Hormuz and sent the global economy into conniptions, Donald Trump has shown several signs of desperation to make a deal. 

Donald Trump and the art of bad diplomacy

THE ECONOMIST: One of the advisers the president ignores is his younger self.

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