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Medical, Economic, Social, Military: The State of Play

A riot broke out in a poor, predominantly Muslim neighborhood north of Paris over the weekend. The immediate cause was a traffic offense and...

Daily Memo: In Asia, China Gets Defensive as Restrictions Ease

Some countries have declared victory over the outbreak.

Italy: Leading the Charge in Europe’s North-South Divide

As the coronavirus pandemic has taken hold of Europe, the deep divide between northern and southern states has intensified. The outbreak has spurred a...

Turkey Pushes South

(click to enlarge) In its bid to create an area of influence along its southern border, Turkey has initiated two military campaigns in Iraq and...

Daily Memo: Where in the World Is Kim Jong Un?

Kimwatch. North Korean state media still haven’t addressed thinly sourced reports that leader Kim Jong Un may or may not be at death’s door...

Why Russia Will Be Slow to Recover

With or without a lockdown, the Russian economy will have to revise its ambitions at current oil prices.

Daily Memo: The U.S. and Iran Are at It Again

Tensions are raising as the world reckons with the economic impact of the pandemic.

George Friedman’s Thoughts: Russia and the Fight Against Tragedy

Karl Marx wrote that “history repeats itself twice, the first time as tragedy and the second time as farce.” The collapse of the Soviet...

Daily Memo: Watching What We Eat

The U.N. food program released some troubling numbers earlier this week.

Mexico’s Three Economic Fronts Face a Recession

Mexico is bracing for a serious economic recession this year, much like the rest of the world. But unlike many other countries, the Mexican...

Daily Memo: ‘Grave Danger’ in Oil Markets and North Korea

Kim rumors. CNN on Monday night, quoting a single U.S. intelligence official, reported that North Korean leader Kim Jong Un is in “grave danger...

Recession and Depression

A recession is an essential part of the business cycle. Among other things it culls the weaker businesses and redistributes capital and labor for...
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