The St. Petersburg International Economic Forum is known for the noise it generates in the news media, but SPIEF also hosts some substantive discussions. This year, one of the forum’s most consequential exchanges was between high-ranking officials and state bankers about Russia’s risk of recession. The first to raise the …

Hezbollah’s strategic restraint amid escalating Iran-Israel hostilities marks a significant shift in the region’s balance of deterrence. Once seen as Tehran’s most loyal and responsive proxy, its decision to hold back, even after the assassination of its leader and heavy blows to its infrastructure over the past 18 months, signals …

On 15 June, Houthi spokesperson Yahya Saree claimed that the Yemeni group had struck Israel with “hypersonic ballistic missiles” in coordination with the Iranian military. Saree boasted that the Houthi operations against “sensitive Israeli targets” in Jaffa had “successfully achieved their objectives”. While Saree’s bombastic claims about the efficacy of …