
This newsletter tracks how governments are reshaping markets and economic flows, by using sovereign balance sheets to develop new markets and choke off others. We study all the economic statecraft tools and shifting trade, investment, finance and politics
| Platform | Pricing | Only free issues | Publishes | Twice weekly | |
|---|---|---|---|---|---|
| Issues | 112 | Founded | 8 years ago | Last Issue | 8 days ago |
| Active | |||||

Keen readers know that I’ve spent a lot of the last two years thinking about the US sovereign investment ecosystem. This reflects the Trump administration’s very creative and quick use of existing funding, the preference for equity investme...
Last week I joined a new webinar series hosted by RUSI and War on the Rocks, two great loci for strategic thinkers. Our topic - the war, changing assessments of maritime security, and links between military, economic and energy security. If...
This piece, surveying the latest trade and tariff landscape expands on a quick response note I wrote yesterday. I regularly write substack notes on fast moving events, with a very first take.
July is shaping up to be a moment of tariff ac...
Well that was fast. About 24 hours after the leaders cohosting the World Cup all met in New Jersey at the final, the US has announced new tariffs on many Canadian goods. These aren’t related to smoke, the latest threat of the weekend, but r...
Thanks for reading. This week, I’ve added a new section that details a few things that caught my eye or exerted my ire this week, including the urge to tariff smoke inaction and US-Iraq investment, you can guess which is what. As always let...
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The writers behind this newsletter.
Geopolitics and geoeconomics of energy and resources. Obsessed by energy, sanctions, sovereign wealth, debt, trade @CNASdc Ziemba Insights Horizon Engage NYU \ud83c\udde8\ud83c\udde6 knitter of fabric and scenarios. wine economist/ Dip WSET.
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