Three theaters. One window.

Iran's military capacity is being systematically degraded.

Venezuela opens its airspace by executive order.

Cuba normalization is being signaled from the Oval Office.

Iraq sits at the exact center of all three vectors.

When the shooting stops, the signing starts. And Iraq's exchange rate doesn't survive that transition unchanged.

This briefing was published 7 days ago for subscribers.
Members get every briefing the morning it drops. Subscribe to stay a week ahead.

READ IR-001 FREE GET THE BOOK SUBSCRIBE FROM $5/MO