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Trump's Logic for Blockading the Blockaders
Over the past seven days, Donald Trump has adopted two contradictory positions on the Strait of Hormuz. A week ago, he wrote that a 'whole civilization' would 'die' if Iran didn't make certain concessions'among them, allowing ships to resume their normal courses in and out of the Persian Gulf. This weekend, though, after marathon peace talks between the United States and Iran ended without an agreement, Trump announced a blockade of Iranian ports, essentially doubling down on restrictions in the waterway. Why blockade the blockaders' The tactic is all but guaranteed to aggravate the ongoing energy crisis, which has been a pain point for Trump since the start of the war. But it also inflicts a new level of punishment on Iran: a trade-off that, for the president, appears to be worth making. Since late February, Iran has been threatening to attack most ships passing through the strait, and the resulting drop-off in traffic has created the worst threat to global energy security in history, per the International Energy Agency. American gas is averaging $4.12 a gallon, and prices for commodities such as fertilizer and helium are way up. But Iran's threat to the Strait of Hormuz has always had a few carve-outs. Its own ships can pass safely, as can foreign ships that comply with the country's terms for passage, which include the payment of tolls (reportedly in cryptocurrency or Chinese yuan) and the use of new shipping lanes closer to Iran's coast. The U.S. blockade, which went into effect yesterday morning, is intended to prevent Iran from exporting its oil, choking the country economically....
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Alterra backs General Atlantic in Wireless Logic deal as Middle East investment continues ' Private Equity Insights
'ALTERRA represents a strategically aligned partner for us in this investment, reflecting a shared conviction in the long-term value creation potential of scalable technologies within the energy transition,' said Gabriel Caillaux, Co-President and Global Head of Climate at General Atlantic. 'The addition of ALTERRA to its investor base should stand to accelerate its growth trajectory.' Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
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The First AI Crisis Is Psychological
My husband and I wanted a divorce without the divorce part. No adversarial process. No lawyers telling us what we 'deserved.' We thought: Why not handle it ourselves' Lawyers are expensive; ChatGPT is cheap, even free at first. I typed: We agree on everything and want an amicable divorce. Can we write our own agreement, get it notarized, and file it ourselves without hiring lawyers' What exactly do we need to submit' What I didn't understand'and what a bank I later tried to get a mortgage from absolutely did'was that a signed settlement agreement is not the same thing as a court-finalized divorce decree. The agreement still has to be incorporated into a judgment and entered by a judge. That takes time, at least six months in California. When I finally understood that, the first condo I'd fallen in love with'the one that made the transition feel slightly less paralyzing'was gone. And still, I went back to ChatGPT for more. Even now, I keep asking AI questions I should take to professionals. Recently, I typed: Why are my hands going numb' The AI gave me a calm, specific answer and a tidy plan'monitor it; here are a few likely causes; here's when to worry. I felt the same relief I'd felt with the divorce advice. This guidance might even be right. But what keeps me coming back isn't accuracy. It's the unwavering confidence....
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The Dangerous Logic of the Joe Kent Letter
Posted by Mark Field from The Atlantic in Logic
When Joe Kent, the director of the National Counterterrorism Center, resigned today in protest of the Iran war, he blamed everyone except the person who launched it. In his resignation letter, addressed to President Trump, Kent portrays the president as a passive figure manipulated by others''high-ranking Israeli officials' and 'influential members of the American media''rather than the most powerful person imposing his will upon the world. Again and again, Kent casts Trump, a two-term president, as someone swept up in events rather than driving them. 'I support the values and the foreign policies that you campaigned on in 2016, 2020, 2024, which you enacted in your first term,' Kent writes. 'Until June of 2025, you understood that the wars in the Middle East were a trap that robbed America of the precious lives of our patriots and depleted the wealth and prosperity of our nation.' The alleged shift, Kent claims, was due to an Israeli and media-driven 'misinformation campaign that wholly undermined your America First platform' and 'was used to deceive you.'...
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