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MONTHLY ARCHIVES: June 2016

Too Big To Fail: Why The BREXIT That Doesn’t Kill You Makes You Stronger

Too Big To Fail: Why The Brexit That Doesn’t Kill You Makes You Stronger Tentative judgements on likelihoods. Gabriel Elefteriu 29 June 2016 There has been no shortage of apocalyptic predictions for the future of Britain outside the EU, both before and after the referendum. Six days in, those who had expected a financial collapse of Britain are scratching their heads as the pound has rebounded to 1.34 and the FTSE100 has recovered all losses since the vote and continues to rise (it’s now at the highest since April). Of course it will all go down again to some degree – celebrations are premature – […]

Air and Naval Power in the Black Sea, 1941-1944 (essay)

As NATO allies try to formulate a response to Russian build-up in the Black Sea, what can we learn from the complex military operations that took place in this unique and little-understood theatre during the Second World War? As I conclude in this essay, “this was really a war of small craft in shallow waters for command of the coast, requiring permanent naval pressure for maintaining ‘favourable operational conditions’. Constant naval raids and interdiction actions by light units operating from minor ports relatively close to the enemy proved of key value to this sort of war. […] Naval forces appear […]

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