Wednesday, July 22, 2026

Geopolitical/Geoeconomic Risks


Diesel Crisis Puts Poor Farmers Around the World at Risk

https://www.nytimes.com/2026/07/23/business/bangladesh-farmers-diesel-water-iran.html

The closure of the Strait of Hormuz has limited the shipment of diesel, depriving farmers of fuel for irrigation pumps and threatening the food supply. 

 
Trump’s Tariffs Enter New Phase, Ending Months of Calm
https://www.wsj.com/economy/trade/trumps-tariffs-enter-new-phase-ending-months-of-calm-65f33e3e
President Trump is preparing new levies to replace the ones he put in place after the Supreme Court gutted his trade agenda. 

The world’s balance-sheet is out of kilter with its economy
https://www.economist.com/finance-and-economics/2026/07/23/the-worlds-balance-sheet-is-out-of-kilter-with-its-economy
Restoring balance could be painful.