Iran’s effect on Egypt and the world.  Inflation will also rise.  “Egypt’s Canal Receipts Fall by Almost Half After Red Sea Attacks,” Bloomberg, 2-4-24.

“Late Friday, Washington carried out 85 airstrikes on Iran’s paramilitary forces and Tehran-backed militias in reprisal for the Jan. 28 drone attack on a U.S. base in Jordan.”  Right call.  But enough?  Will it deter Iran if not in country or along its coasts?  “U.S. Plans Further Action Against Iran’s Militia Allies,” WSJ, 2-4-24.

“Iraq Bans 8 Banks From Dollar Trade To Curb Smuggling To Iran,” Iran International, 2-4-24.

“Iran’s Public Education Heading Back To The 19th Century,” Iran International, 2-4-24.

About the ships Behshad and Saviz.  “After new U.S. strikes hitting Yemen, Iran issues a warning about suspected spy ships in the Mideast,” The Hindu, 2-4-24.