INTRIGUE’S LATEST

The global affairs briefing you’ll actually look forward to reading.

Latest Articles
A moron premium in the US?

We’ve been writing about bonds before they were the flavour of the week. And events now dictate that we revisit bonds again. Who are we to argue with events, dear Intriguer? Typically if US stocks tank, spooked investors will shift their cash over into bonds — the ultimate safe-haven. Why? When you buy bonds (loan the US government money), […]

Economics 14 April, 2025
A false flag operation in the Caribbean?

In a normal week, Venezuela’s military going on high alert over claims of an enemy false flag operation might’ve made global headlines. But much like episodes of Twin Peaks, each week now feels less normal than the last. So join us on this wild journey. It all started last Saturday, when Venezuela’s VP Delcy Rodríguez appeared on state […]

The Americas 11 April, 2025
Did Trump just blink?

Just after our last edition hit your inbox, Donald Trump decided to: Of course, markets breathed a semi-sigh of relief. But… did Trump blink? Here are the three main arguments you need to know: Treasury Secretary Bessent argues this was all part of Trump’s successful strategy, with 75 countries now reportedly lining up to negotiate […]

Economics 10 April, 2025
Trump and Xi play chicken

We’ve already explored Trump’s tariffs, but it’s worth a quick recap of his rationale before we tour today’s wild ripple effects: And while he’s now slapped tariffs on everyone (otherwise he says China just reroutes via third countries), the big kahuna tariffs are now really on China. Building on earlier tariff rounds during Trump 1.0 and Biden… The […]

Economics 9 April, 2025

Geopolitics
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Here’s what’s next for TikTok

As markets stubbed their toe on Trump’s high-stakes tariff reveal this week, it was almost possible to forget about that pesky April 5 (tomorrow) deadline for TikTok’s China-based parent company to sell up or face a painful US ban. And while Trump extended that deadline on his first day back in office, it now looks […]

6 April, 2025
The defence industry in four numbers

There are all kinds of wild metrics to help track international security — take the famous Pentagon Pizza Index, which monitors spikes in Domino’s and Papa John’s orders as a proxy for Pentagon folks pulling late nighters when something is brewing. Well, here are four less tasty but equally intriguing numbers Intriguers should know: That’s […]

24 March, 2025
Canada’s new PM takes flight

Canada’s new PM, Mark Carney, just took office facing economic turmoil, U.S. tariffs, and Trump’s talk of a 51st state. His first move? Looking beyond America. Carney, the highly regarded former central banker for Canada (and England!), secured the ruling Liberal Party’s leadership and formally took the reins from Justin Trudeau on Friday. He now […]

18 March, 2025
The G7’s four most intriguing quotes

G7 foreign ministers (🇪🇺, 🇯🇵, 🇬🇧, 🇫🇷, 🇨🇦, 🇺🇸, 🇩🇪, 🇮🇹) just gathered in Canada’s beautiful river resort town of La Malbaie and ended up producing a veeeeery intriguing statement. While these kinds of joint documents can be incredibly, remarkably, truly impressively dull, there are often spicy bits lurking within if you know where and how to look. […]

17 March, 2025
ECONOMICS
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What went down at Davos 2025

Another year, another Davos Summit, another Intrigue recap.  First, a quick fun fact: there are brands that spend an absolute fortune to be at Davos each year, but not Intrigue — our very own Helen is an invited speaker! Anyway, around 50 world leaders also attended, including the EU’s Ursula von der Leyen and Argentina’s Javier […]

24 January, 2025
What our leaders fear most

The World Economic Forum (WEF) crams epic wealth and power into the tiny Swiss ski resort of Davos each January, leaving it open to some truly cracking conspiracy theories — personally as Simpsons fans, we love to imagine Davos rigging every Oscars night. But we’ve been to Davos before (and will be back again from Monday), […]

17 January, 2025
Why the bond markets have gone wild

If you imagine New York on any given day, journalists in Midtown are feverishly scribbling the scathing remarks of an ambassador at the UN Security Council. Travel a little farther south to Wall Street and traders are feverishly fixed to their Bloomberg terminals.  But there’s a world in which these two collide: the bond market. While […]

14 January, 2025
Why China wants you to buy a new microwave

As clickbaity as it sounds, we’re not making the above title up.  On Wednesday, China’s policymakers announced they’ve added all sorts of small electronic appliances — microwaves, rice cookers, water purifiers — to a list of consumer products eligible for a subsidised trade-in. We’re not here to dunk on that idea — the US and others have […]

10 January, 2025
Technology
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The Low Earth Orbit (LEO) satellite frenzy is here

We’re not a finance newsletter (we don’t own enough Patagucci vests to qualify), but we do enjoy scrolling through stock tickers.  That’s how we noticed some recent movements around Eutelsat, a Franco-British Low Earth orbit (LEO) satellite operator that’s in talks with the EU to ramp up its presence in Ukraine.  Over the past four days, the […]

7 March, 2025
Paris AI Summit hangs in the balance

Shrugging off some winter showers, France’s Emmanuel Macron (co-hosting with India’s Narendra Modi) has rolled out the red carpet for heads of state, executives (hi Jamie Dimon), and AI power players at the latest AI Action Summit, which wraps today (Tuesday). And a quick glance at the headlines might suggest that oh, Macron is announcing $110B in […]

11 February, 2025
Congo conflict flares amid critical minerals race

As we foreshadowed yesterday, Rwanda-backed M23 rebels have now seized the eastern Congolese trade hub of Goma in a lightning advance. It’s a conflict with ties to Big Tech, world history, and Western unease, so let’s take a look: A quick glance at a map might make you wonder how Rwanda could possibly be a […]

29 January, 2025
Did China just dethrone OpenAI?

OpenAI dropped the world’s first-ever ‘reasoning’ AI chatbot back in September, called ‘o1’. The Silicon Valley-based pioneer spent vast amounts of cash and time to release this AI bot that can ‘reason’ its way through more complex problems. And notwithstanding OpenAI’s name and founding philosophy, it again kept its coding secret. But last week, China-based […]

27 January, 2025