Russia is still using up its sovereign funds to deal with low oil prices and sanctions.
Satellite photos show Islamic State installing hundreds of makeshift oil refineries to offset losses from airstrikes. This looks pretty desperate. Also something Donald Trump might think about when he wants to “take the oil.” It’s happening, although perhaps not as he envisioned. Also some nice explanations of the overhead photos.
Russia and the security of Europe. Current status of Russia and possible future moves.
Lots more links showed up on Monday and Tuesday. Here they are:
It’s a year since the nuclear agreement with Iran – the Joint Comprehensive Plan of Action – was signed. The Republican Congress is still trying to mess it up. Seventy-five nuclear experts and diplomats have written a letter to President Barack Obama noting the JCPOA’s success.
The Philippines brought an argument with China over the ownership of islands in the South China Sea to the International Court of Arbitration in The Hague. The court decided for the Philippines. China is not pleased. BBC, Guardian. New York Times: Our Boat Was Intercepted By China. Kevin Drum, as usual, has a simple and to-the-point analysis.
Polling since the Orlando gay nightclub shooting shows that Americans’ views of Islam are getting more positive but also more polarized.