Inside China’s dangerous nuclear game


This article is part of Engelsberg Ideas’ latest series, ‘The Nuclear World Transformed’, in which our writers explore the history and current state of the global nuclear landscape, and how it is being reshaped by a new age of great-power competition.  Between 1990 and 2001 something happened in China that is unthinkable in today’s tense world. In short, an American wandered through the Chinese nuclear archipelago and came out to tell the tale. It sounds like a novel but it is a lesson in game theory and it is pure fact. The American was the director of the Technical Intelligence Division … Continue reading Inside China’s dangerous nuclear game

Iraqi Banks Used U.S.-Created System to Funnel Funds to Iran


New York Fed’s process to move Baghdad’s oil earnings lacked key money-laundering safeguards, resulting in illicit transfers that financed terrorist groups for years David S. CloudSept. 8, 2024 at 9:00 pm ET His three Baghdad banks wired tens of billions of dollars in that time outside the country, ostensibly for car parts, furniture and other imports. He was one of the biggest operators in an ad hoc banking system set up around two decades ago under the U.S. occupation that gave the Federal Reserve Bank of New York a key role in processing Iraq’s international transactions.  Years later, when the … Continue reading Iraqi Banks Used U.S.-Created System to Funnel Funds to Iran

Middle East CrisisHamas Says It Will Not Take Part in New Round of Cease-Fire Talks


Get notifications for updates on this story. TOP NEWS Hamas sends a signal that a breakthrough is unlikely in negotiations. A Hamas official said on Tuesday that the group will not take part in the round of cease-fire talks on Thursday, sending a strong signal that any breakthrough in negotiations was still elusive even as the United States, Qatar and Egypt were stepping up pressure on Hamas and Israel to reach a deal. Ahmad Abdul Hadi, Hamas’s representative in Lebanon, said in an interview that Hamas had decided not to participate in the talks because its leaders do not think the … Continue reading Middle East CrisisHamas Says It Will Not Take Part in New Round of Cease-Fire Talks

State Department official, Jared Cohen, e-mailed Twitter – delay scheduled maintenance


This has little directly to do with banking per se, but it has a lot to do with information seeking, gathering, and the seismic shifts in how transparency of otherwise opaque bodies can be nullified by the internet tools available.  It is also just plain fascinating, and something all strategists should watch and try to understand. Whether this was innocent or otherwise, it appears to be a fact that it happened hence the significance.  Also read here for discussion and note the ‘informed’ comments.  One cannot help but think that there is something deliberate to all this, and even that … Continue reading State Department official, Jared Cohen, e-mailed Twitter – delay scheduled maintenance