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Trump's Winston Churchill Jibe Has Missed Its Mark

2026-03-05 13:00:08

In June 1939, King George VI was dispatched to Franklin D. Roosevelt’s Springwood estate, a royal charm offensive to woo an isolationist America as Europe headed for war. Last year, Prime Minister Keir Starmer attempted the same trick, dangling the promise of tea at Buckingham Palace in return for favorable trade terms from President Donald Trump.

The Iran War Is Forcing the Gulf to Choose: Fight or Take It

2026-03-05 13:00:06

One less expected development since the US and Israel unleashed an air war on Iran last weekend has been the distribution of the Iranian response. The revelation isn’t that Tehran has attacked US bases in the Persian Gulf, as it said it would, or that it began to go after regional energy supplies, which was at least predictable. What’s surprising is the way in which it has singled out the United Arab Emirates.

Iran Can Turn the Persian Gulf Into a Minefield

2026-03-05 13:00:05

As war rages across the Middle East, every mariner’s eye is on the Strait of Hormuz. This narrow waterway, which connects the confines of the Persian Gulf with the open waters of the Indian Ocean, is effectively shut down.

Markets Have One Clear Iran War Winner — America

2026-03-05 12:34:41

Owing largely to positioning before the conflict erupted, the US is reaping the gains.

The Iran War in Five Charts

2026-03-05 06:47:23

Numbers help shed light on submarine attacks, drinking water supplies, Polymarket bets and more.

China’s Defense Budget Is Bigger Than You Think

2026-03-05 05:00:05

On paper, Beijing spends less on defense than the US. In practice, though, that comparison is misleading. Focusing on the headline figure rather than the long-term trajectory misses the bigger picture: just how quickly President Xi Jinping’s military modernization plans are progressing.