More ordnance in the Middle East. Rumours are that Trump is agreeing to a two state solution; Israel is out in the cold; Netanyahu is not having his calls returned, and a trillion dollar deal is incoming with the Saudis. We’ve had shuttle diplomacy… but this is Challenger Space Shuttle diplomacy?

Meanwhile, Pakistan has apparently shot down as many as three Indian Rafale fighter jets in recent clashes over Kashmir. The culprit? A chinese-made BVR system. To some, this unexpected win apparently means that in the future, BVR-equipped jets will shoot each other down from tens or even hundreds of miles away. But past a certain point… why do we even need the jets? 

Finally, the eye-watering hundred percent tariffs on China are about to be peeled back down to a manageable thirty percent. A victory for someone. But in the longer term, isn’t this Liberation Day turning into De-dollarisation Year?

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