China: Manufacturing, Not Finance, Is Backbone of the Real Economy

After a short hangover from AI and tokenized assets, the Chinese leadership is focusing fully on the development of the real economy. The adjustment occurred after a broad debate that involved several government and advisory bodies, as well as President Xi Jinping personally. This shift is documented in a July 14 analysis in China Policy Leads, a private China-focused research […]

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Israel Heading to a Reset in Upcoming Elections?

Finally, on October 27, elections are scheduled to be held in Israel, and recent polls show that the electoral coalition of Israel’s Prime Minister Benjamin Netanyahu is still running behind his opposition. Netanyahu has retained power for years with a slim lead in the Knesset obtained by his unholy alliance in December 2022 with the aggressively racist pro-war parties of […]

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Quo Vadis, Humanitas? The Arrow That Points Up

“On July 14 at Baikonur, the heads of the American and Russian space agencies stood side by side — the first such meeting on that soil in nearly eight years — and launched a crew, two Russians and an American, toward the one outpost where their nations have never stopped cooperating. That same morning in the Strait of Hormuz, a […]

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Iran: Civilian Infrastructure in the Crosshairs

The conflict in the Middle East has dangerously escalated over the past week, with the U.S. conducting air attacks nightly on targets in Iran, and Iran responding by hitting American military installations in the Gulf countries and in Jordan. According to Tehran, attacks on civilian infrastructure, including power plants, desalination plants and transportation routes, have increased significantly. President Trump himself […]

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Oil Reserves ‘Burned Through’ as Iran War Escalates

It can be debated which will run out first: U.S. ammunition or the strategic oil reserves. Not debatable is that they will both run out, if the current war against Iran continues. At the current pace, strategic oil and gas reserves will hit the operational floor by September/October. So far, corporate and government strategic reserves have replaced the missing oil […]

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AI Bubble: Bloomberg Confirms What EIR Readers Already Knew

After a multi-week selloff, Bloomberg confessed what insiders knew all along: the data center bonds of the biggest “AI firms” are essentially junk bonds. On every world market, according to Bloomberg, debt issued by the largest data center builders exhibit falling prices, wider spreads above landmark Treasury securities, underperforming bonds in the red, “among the worst performers in the indexes […]

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UBS, A Systemic Risk for Switzerland

Similar to the “Big Five” U.S. banks, Swiss megabank UBS shows a hypertrophic growth of its revenues in investment banking, while its lending activities stagnate. First quarter 2026 figures show a 27% gain in revenue from the investment banking sector and no growth for lending. In other words, the amount of fictitious assets has increased massively, while credits to households […]

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Jacques Cheminade Outlines a Devastating Picture of the French Economy

Jacques Cheminade, President of Solidarité et Progrès in France, was invited to address the party congress of the Civil Rights Movement Solidarity (BüSo), that took place in Frankfurt on July 11, where he presented the common mission of the two parties in this turbulent situation. Franco-German relations today, he said, are at a historical low level. “Our governments agree on […]

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