The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the real estate …

Bitcoin, the flagship stateless cryptocurrency, is a double-edged sword that can either strengthen or harm national power. As financial warfare becomes increasingly complex, this decentralized cybercurrency is acting as a versatile strategic instrument of statecraft that can play various roles under confrontational geopolitical circumstances. This under-researched subject matter needs to …

In a major breakthrough, on 10 March 2023, Saudi Arabia and Iran signed an agreement to restore their diplomatic relationship, which was severed in 2016 after the Saudi Embassy in Tehran and Consulate in Mashhad were ransacked by protesters demonstrating against the Saudi execution of Shia cleric Nimr Al Nimr. …