Twice, I was graciously offered a gratis blue passport by the Govt—first as one of the country's highest taxpayers, and again this year as Chairman of one of its largest exporters. I respectfully declined both times. By the grace of Almighty Allah, my green Pakistani passport has always been a matter of pride and has served me well across the world
When it comes to the war in the Middle East, everyone is playing the different sides to make sure they are de-risking.
Even @Google is de-leveraging just in case Iran ends up winning the war...
When you look at @googlemaps in North America, you see "Persian Gulf with brackets (Arabian Gulf)".
But if you are in the Gulf countries, users there only see it as Arabian Gulf.
While in Iran, you see it written as Persian Gulf.
One detail from today's strikes tells you what this war is actually about.
Chinese rail traffic on Iran's northern corridor had TRIPLED since the US naval blockade closed the sea route.
Today US cruise missiles hit a railway bridge on exactly that corridor.
A radar can be rebuilt in a few weeks. A bridge on a trade corridor is a statement about which flows America is now willing to sever.
The land routes Beijing spent a decade building to escape American sea power were supposed to be beyond its reach. Today they were touched.
This was never about tankers. The blockade and the bridge are two halves of one containment operation, and the target is China.
Full analysis is live, including the question nobody is asking: why the India-linked corridor in the south was left alone. Watch what gets spared, not just what gets hit.
Read full analysis on Substack, and in case you are not following my writing and analysis there, please subscribe. https://t.co/LxgMgfzXJD
After an initial surge of around 5% yesterday, the oil market is showing little sign that traders are pricing in a prolonged or wider war.
If Washington truly believed it could win a decisive war against Iran at an acceptable cost, it would never have sought a ceasefire.
The very fact that it didn’t speaks volumes about the price such a war would exact.
Markets have an extraordinary research process.
Yesterday: Strong fundamentals.
Today: Sell everything.
Same companies, same businesses, just one Trump headline.
It seems valuation models now come with a live feed from Truth Social.
The peace narrative is looking increasingly thin and perfomative. Iran keeps escalating on one hand while praising Pakistan on the other, playing Islamabad whenever it serves Tehran's interests. Trump, meanwhile, hardly looks eager for lasting peace either.
Heartbreak! But Argentina played amazing football in the last half. Kudos. Egypt exceeded expectations and gave a royal fright to the defending champions. Well done Egypt!!!
“I don't laugh at the woman who visits her husband's grave and chats him up every now and then, maybe on the anniversary of his death. It's not hard to understand. And if I have difficulties with the ontological status of who she's talking to, that's all right. That's not what this is about. This is about humans being human. But that doesn't mean I'd be willing to accept the pretensions of a 'medium', who claims to channel the spirits of the dear departed, when I'm aware the practice is rife with fraud.”
— Carl Sagan
I feel it's kind of odd that some people still pretend like there is a Messi vs Ronaldo debate at this stage. Both are obviously awesome players, but Messi is better and that's just so clear at this point.
Oh, and Maradona is still the GOAT.
#ARGEGY
I’m in love with this sentence:
“The degree to which a person can grow is directly proportional to the amount of truth he can accept about himself without running away.”