Advertisement
The Gulf ceasefire is a joke on somebody, but who exactly it is unclear.
Iran has claimed victory in the war thanks to “[Trump] said he had received a 10-point proposal from Iran which was a “workable basis on which to negotiate”.
Nothing could be further from the truth. The ten points are clearly unworkable for the US, Israel and GCC countries.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.