As figures for the cost of the war so far are revised modestly upwards, Trump tells reporters that the financial situation of the American people is not a factor in his strategy with Iran just before embarking on a trip to Beijing to meet with his Chinese counterpart to discuss trade and a durable peace plan for the Middle East (though downplaying the need for help from China and its influence in global affairs)—the projected two-hundred billion dollar price tag of Bush II’s Iraqi adventure quickly overshot the mark and ended up costing around five trillion and it was this two-decade long quagmire that many economists and historians attribute to the cause for the US loss of productivity and its competitive edge, ceding output and innovation that allowed for the ascendency of China. 
Oil is expected to remain over a hundred dollars per barrel for the remainder of the year with derivatives including fertiliser remaining prohibitively expensive for farmers. Trump also reaffirmed he is considering resuming major combat operations over Tehran’s unwillingness to accept the terms of the US deal. Saudi Arabia and the UAE have been conducting covert, undeclared attacks on Iran, and Israel, keeping up its assault on Hezbollah elements in Lebanon, have reservations about the US negotiating position, worried that Trump will strike a bad deal with the Revolutionary Guard, as Pakistan’s role as intermediary faces criticism for strategic opportunism by some.
Oil is expected to remain over a hundred dollars per barrel for the remainder of the year with derivatives including fertiliser remaining prohibitively expensive for farmers. Trump also reaffirmed he is considering resuming major combat operations over Tehran’s unwillingness to accept the terms of the US deal. Saudi Arabia and the UAE have been conducting covert, undeclared attacks on Iran, and Israel, keeping up its assault on Hezbollah elements in Lebanon, have reservations about the US negotiating position, worried that Trump will strike a bad deal with the Revolutionary Guard, as Pakistan’s role as intermediary faces criticism for strategic opportunism by some.
synchronoptica
one year ago: the Episcopal church breaks with the US government over immigration policy (with synchronopticรฆ) plus Qatar gifts Trump an airplane
thirteen years ago: darlings of oblivion plus delving into ASMR
