, Columnist
Syria Surprise — Markets Need to Rethink Putin’s ‘Genius’
No financial shock is imminent, but Russia’s chess master is starting to look like he’s playing checkers. Expect broader impacts to come
And there goes Iran’s link to the Mediterranean.
Photographer: Omar Sanadiki/APThis article is for subscribers only.
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Points of Return has dwelt on so many geopolitical risks this year. Somehow the conflicts in neither Gaza nor Ukraine have upset oil markets, or averted the ongoing freight train that is the US stock market. Incumbent governments have been booted out or at least given really serious shocks (as in India) the world over, again with minimal impact on capital markets or the economy.