INTRIGUE’S LATEST
The global affairs briefing you’ll actually look forward to reading.
What the WTO’s trade numbers tell us
WASHINGTON — Now that The Great Tariff Showdown of 2025™ is on and the markets have gone wild, the number-crunchers at the World Trade Organisation (WTO) have decided to lob their latest ‘Global Trade Outlook’ into the mix. And it’s timely because: Of course, everyone wants to know what’s next So, what does this WTO […]
Is Russia seeking an airbase in Indonesia?
First it’s all the cars out front during inspection times. Then the new neighbours move in, dump some auto parts on the front lawn (which they immediately stop mowing), and yell at Premier League matches kicking off at 3am. The bad neighbours have arrived. We’ve all experienced something like that. Heck, Seth Rogen and Zac Efron […]
This is how LatAm is approaching Trump 2.0
Love him or not, there’s been no recent US president like Donald Trump. And that puts world leaders in a bind — how do you respond? So let’s take a quick regional tour across Latin America: El Salvador’s president read the room — he saw the returning US president was both a) more transactional, and b) more focused on […]
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), […]
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 […]
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 […]
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 […]
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Geopolitics
What the WTO’s trade numbers tell us
WASHINGTON — Now that The Great Tariff Showdown of 2025™ is on and the markets have gone wild, the number-crunchers at the World Trade Organisation (WTO) have decided to lob their latest ‘Global Trade Outlook’ into the mix. And it’s timely because: Of course, everyone wants to know what’s next So, what does this WTO […]
More Articles
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 […]
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 […]
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 […]
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. […]
ECONOMICS
Four global lessons from earnings week
Earnings calls used to be the exclusive domain of cigar-chomping capitalists, perhaps yelling “sell” at some quivering underling off-camera while an old-school ticker-tape hums. But we can confirm cigar-chomping diplomats also now follow this stuff — or should. If you’re willing to sift through the euphemisms and spin, these corporate events are full of insights into how […]
More Articles
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 […]
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), […]
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 […]
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 […]
Technology
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 […]
More Articles
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 […]
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 […]
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 […]
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 […]