Gaza war

A Crisis for a Generation

Summary: as Egypt’s President Sisi continues to pile up massive debt pursuing giga projects, international funders seem happy to go along for a ride that will further enrich the military elite and impoverish the vast majority of Egyptians for generations to come.

War in 2024

Summary: the oil market suggests that investors have, overall, learned to live with the current crisis in the Middle East, as well as the Russia/Ukraine war and China/Taiwan tensions. However, they still need to beware of less high profile war risk, consistent with the turbulent times in which we live. 

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