RISK REPORT: Each week we will be shining the spotlight on a particular nation, giving them a political risk assessment split across several metrics.
This week, that spotlight is on Iran.
A country at the very highest end of the spectrum in relation to political risk.
🚨EXCLUSIVE: Self-described journalist Jack Roworth has been removed from the Labour Party due to his conduct towards elected officials and previous party allegiances.
Mr Roworth has been approached to comment.
My first article for the new publication I have co-founded, @The_Crossbench is now live!
Is Trump’s foreign policy explainable with strategy, or is he merely a trigger-happy mad man, acting on impulse?
Take a read, let me know your thoughts, and follow the X page and subscribe to our website below!👇
🔹 𝙃𝙤𝙬 𝙬𝙞𝙡𝙡 𝙩𝙝𝙚 𝙒𝙚𝙨𝙩 𝙛𝙪𝙣𝙙 𝙞𝙩𝙨 𝙘𝙧𝙪𝙘𝙞𝙖𝙡 𝙧𝙚𝙖𝙧𝙢𝙖𝙢𝙚𝙣𝙩?
Well, an arguably unlikely candidate has emerged as a policy leader on this front.
Canada have been making a lot of positive strides lately in the foreign policy space. They’ve very publicly taken on Trump’s hostile tariff war and have refused to back down on it. And PM Mark Carney isn’t stopping there.
The Defence, Security and Resilience Bank (DSRB) has been proposed by the Canadians as a way to finance large sums of money for Ukraine’s support packages, as well as to help fund the uptick in defence spending required by effectively all Western nations.
This bank would aim to:
1) Raise €100 billion in total capacity
2) Lend at low cost to governments and defence contractors
The goal is to make defence funding highly accessible at low cost, and thus streamline the procurement pipeline upstream of manufacturing.
So far, several nations are on board including:
🇨🇦 Canada (founders)
🇺🇦 Ukraine
🇦🇱 Albania
🇧🇪 Belgium
🇬🇷 Greece
🇱🇻 Latvia
🇱🇺 Luxembourg
🇷🇴 Romania
🇹🇷 Türkiye
It has, importantly however, been refused by several heavyweights including:
🇬🇧 UK
🇩🇪 Germany
And others are in a ‘wait and see’ situation, these are:
🇯🇵 Japan
🇫🇷 France
🇮🇹 Italy
🇺🇸 USA
The concerns floated have been predominantly questions over value for money, given that many of these countries can already issue debt at very low rates, being close to AAA borrowers.
But it does beg the question, if that’s the case, why aren’t they? At least as much as they need to, given geopolitical circumstances?
This is a major development and definitely one to keep an eye on. The efforts by Canada should be, at the very minimum, be massively commended.
Strongly recommend having a read of @Ellis_NewtonUK’s brilliant take on the growing crisis within the British university pipeline for our new publication @The_Crossbench. A super important message👇
Aaaaand it’s live!
Proud to be a Co-Founder of the new online publication The Crossbench.
With articles, essays and interviews from the world of domestic and foreign politics, we have aimed to bring balanced takes from all sides of the political aisle, where disagreement is favoured and encouraged! I will be predominantly contributing content from the world of foreign affairs for the organisation.
All affiliations and memberships are to ALWAYS be disclosed on our ‘About’ page with full transparency.
Please follow our X @The_Crossbench and subscribe to our newsletter https://t.co/Ofqigf796t and join our community.
Fascinating how globalised trade has been completely turned on its head since the turn of the 2020s.
🟢 Trade used to be seen as a protective mechanism for preventing conflict between countries.
E.g. “I dislike your practice of x, but since I rely on you for my supply of y, it is too costly for me to go to war with you.”
🔴 Now, trade is seen as the complete opposite of this by many, seen now as a point of vulnerability than can be targeted to extract favourable outcomes.
E.g. “I dislike your practice of x, and I want to act against you for it. I know you depend on me for your supply of y, so I’m going to choke that supply until you give me z.”
That’s a trend turnaround that only took a few years. Incredible tbh.
🔹 Reports have emerged that the US could be concerned about Ukraine’s ability to develop Patriot missiles quicker and cheaper than the US traditionally can.
America should not be wary of this.
They should be encouraging it.
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