MACRO ADVISORY: Russia’s August Angst - 2026
One of our quirkier rituals is to write every year about why Russians view August as some sort of cursed month and to highlight what could happen this year. What are this year's "unknown unknows?"
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UK-funded, British Steel-supplied Ankara-Izmir railway project quarter complete after 13 years
Six Turkish transport ministers have come and gone in its time. Completion originally targeted for 2016.
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Iran holds the cards as a Hormuz deal takes shape on its own terms
Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, with a joint announcement being finalised, Iran's foreign ministry said on August 5. But the emerging deal would hand...
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India's edible oil self-sufficiency drive faces headwinds
The ongoing conflict in the Middle East, along with deficient rainfall, has raised concerns in India’s edible oil market, according to a recent report published in OpenMarkets, a global market insight platform of the CME Group.
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Ukraine's ex-ambassador to Washington charged with illicit enrichment in widening corruption purge
Ukraine's National Anti-Corruption Bureau and its Specialised Anti-Corruption Prosecutor's Office have charged former Washington ambassador Olha Stefanishyna with illicit enrichment tied to a cut-price Kyiv apartment purchase, two days after she...
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Ukraine's interceptor missiles run dry as Zelenskiy scours the world for more
Ukraine's stockpile of air-defence interceptor missiles is running down to zero this week, and Ukrainian President Volodymyr Zelenskiy's mounting desperation as the hunt for replacement ammunition fails is becoming impossible to hide, with the...
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Ukraine turns to hunting Russia's missile launchers as its interceptors run dry
Russia fired 24 ballistic missiles, four Zircon or Onyx cruise missiles and 115 drones at Kyiv and the surrounding region overnight on August 5, killing 17 people and injuring 44, part of a pattern of attacks that has pushed Ukraine, now out of...
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Pentagon drafts new nuclear strategy weighing tactical weapons against Russia, China
The US Department of Defense is drafting a new nuclear strategy weighing tactical nuclear weapons against Russia and China, NBC News reported on August 5, landing against a backdrop of Russia's 2024 doctrine loosening and 2026 nuclear signalling,...
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