2024: 'No silver bullet' as the trickle becomes the flood

As 2024 draws to a close, we see that the drafting of international trade into our assorted geopolitical drivel has been a roaring success. Come January, Donald Trump, a man who has made explicit his intention to revive 17th century mercantilism, will fit right in. The embarrassing spectacle of COP29 made it clear that Saudi Arabia, among other countries, is ready to see a world in flames before it sees a reduction in oil and gas sales.

Ukraine fights ...