Follow the money as Gulf tension ratchets up:
"“The Shanamah has a happy ending”. Iranian proverb about how good outcomes are only found in fiction
Elite American chatter about Iran or conflict in the Gulf mostly concerns courtiers rising or falling at the White House, or Washington think-tanker moans over past or present American policy. Perhaps that is less useful than considering the sentiments of people in the region, and what they are doing with their money.
That is not a simple task, because most of the states on the Gulf have fixed currency pegs, and all of them have opaque governance and obedient media. Insider trading is not the exception but the rule. For decades, Gulf financial markets and exchange rates have been tranquil, right up to the moments when they are not."
'via Blog this'
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