In Focus
AI Financial Mechanics under Real-World Constraints
This piece is based on my research, The Global AI Race amid Asset Bubble Dynamics, which I will present on Friday, 15 May 2026, at…
The Art of the Non-Deal: Mishandling Negotiations Without Re-escalation
Deescalation in the Iran war happened as the US administration sensed that continuation carried too much economic cost, as a result of the energy crisis.…
Partial Normalization in Energy Markets After Iran War Deescalation
Energy markets are unlikely to fully return to prewar standards once a deescalation process starts. The conflict has introduced lasting costs. In particular, Iran’s role…
The West’s Gorbachev
The Iran war points to a strategic vacuum extending well beyond military affairs. It reflects a broader failure to align actions with long-term objectives—a pattern…
EU Breakup Risk and Productive Resilience
The U.S. administration criticizes the European Union for failings that often have real basis. However, the EU’s economic subordination to the United States and the…
AI Bubble and Military Bottleneck: A Systemic Crisis
The financial bets on the revolutionary promises of generative AI have soared to dizzying heights. Circular funding among industry giants is proliferating, while structural limitations…
In the Media
AI Financial Exuberance as a Shield Against Reality
Op-Ed for Les Echos – Friday, June 5, 2026 The strength of the rebound driven by AI and semiconductor stocks, since the onset of de-escalation…
France Might Become Europe’s Data Center Hub, but Where Does It Stand in the AI Race?
Interview with Atlantico on France’s AI Infrastructure investments, following the 2026 Choose France Summit announcements (Excerpts). Are the Choose France announcements a sign that France…
Reopening the Strait of Hormuz: Toward a Frozen Conflict amid US Political Paralysis
Toward a frozen conflict, with the prospect of a nuclear deal later. There is a shared will to reopen the Strait of Hormuz, but political…
War Deepens the Industrial and Social Crisis
Interview on France 24 in French with journalist and novelist Aude Lechrist and in English with William Hildebrandt on how the Middle East war derails…
Industrial Disruptions and Geopolitical Shift
On France 24, I discussed the deep industrial impact of the Iran war and the shift in political bargaining:– Economic forecasts tend to account poorly…
Energy Markets Will Remain Shaped by Iran’s New Status Quo
Op-ed in Les Echos, 11 April, 2026. Iran’s control over the Strait of Hormuz is upending global energy markets. Prices remain under pressure, and geopolitical…