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Tariffs, debt, inflation, and markets: who pays the bill, and when.
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FACT-CHECK: what the closure of Hormuz really means for the global economy
Analysis· No. 3629

FACT-CHECK: what the closure of Hormuz really means for the global economy

On July 12, 2026, the Islamic Revolutionary Guard Corps declared the Strait of Hormuz closed, citing the massive American strikes of the preceding nights…

FACT-CHECK: The Refinery War, How Ukraine Is Hitting Russia's Economic NerveAI-generated
Analysis· No. 3561

FACT-CHECK: The Refinery War, How Ukraine Is Hitting Russia's Economic Nerve

For several months, Ukraine has run a systematic campaign of drone strikes against Russian oil refineries, a strategy that directly targets the economic nerve…

DECODING: Ukraine's economy refuses to bend under Russian strikesAI-generated
Analysis· No. 3508

DECODING: Ukraine's economy refuses to bend under Russian strikes

Some images contradict, almost by their sheer existence, a narrative Moscow has been trying to sell for months. While Ukrainian drones turn Russian refineries…

REPORT: from 6.7 to 37 billion dollars, the dizzying inflation of Venezuela's disaster bill
Reportage· No. 3486

REPORT: from 6.7 to 37 billion dollars, the dizzying inflation of Venezuela's disaster bill

On June 26, 2026, two days after the twin earthquakes that struck north-central Venezuela, the United Nations Development Programme announced an initial estimate of…

ANALYSIS: Sanctions on Mojtaba Khamenei, hitting the wallet of powerAI-generated
Analysis· No. 3421

ANALYSIS: Sanctions on Mojtaba Khamenei, hitting the wallet of power

On July 10, 2026, the U.S. Treasury Department took a further step in its economic war against the Iranian regime. Rather than sticking to…

PROFILE: Oil's risk premium, the silent hostage of the Strait of Hormuz
Profile· No. 3411

PROFILE: Oil's risk premium, the silent hostage of the Strait of Hormuz

Some economic indicators speak more bluntly than any diplomatic statement, and the price of a barrel of Brent crude has been one of them…

PROFILE: 632 ghosts of the sea, the true face of Putin's oil fleetAI-generated
Profile· No. 3383

PROFILE: 632 ghosts of the sea, the true face of Putin's oil fleet

Since the European Union adopted its 20th sanctions package on April 23, 2026, one number stands out as the most tangible symbol of the…

COLUMN: Brussels unveils 21st package against Putin's war economyAI-generated
Column· No. 3382

COLUMN: Brussels unveils 21st package against Putin's war economy

Alongside the German indictment in the Nord Stream affair, the European Union proposed new sanctions in early July 2026 targeting the Russian oil sector,…

TESTIMONY: I watched Wall Street tighten its grip on a European iconAI-generated
Profile· No. 3379

TESTIMONY: I watched Wall Street tighten its grip on a European icon

I have been following this story for several weeks, and I will be honest: I did not expect it to take the turn it…

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