The Seigniorage of Tokens: AI-EraDigital Sovereignty and Global ComputePower Competition

1. Executive Summary In the global economic landscape of 2026, Artificial Intelligence (AI) has evolved from a technical auxiliary tool into a core engine driving growth. This report introduces the core analytical framework of “Token Seigniorage” to reveal the deeper logic of power distribution in the AI era. Tokens (lexical units), as the smallest unit […]
The Vote on the Brink: Assessment of the UNSC Draft Resolution on the Strait of Hormuz and Great Power Games

1. Executive Summary This report provides an in-depth analysis and assessment of the United Nations Security Council (UNSC) draft resolution led by Bahrain and strongly pushed by the United States, the United Kingdom, and the Gulf Cooperation Council (GCC) to ensure freedom of navigation in the Strait of Hormuz. The core of this draft lies […]
Iran-Israel-U.S.: The Logic of Attrition and the Geopolitical Endgame

I. Executive Summary The current conflict in the Middle East has progressively evolved from an initial phase of high-intensity “decapitation strikes” into a sustained “war of attrition.” While the joint U.S.-Israeli operation targeting Iran’s Supreme Leader, Ayatollah Ali Khamenei, severely impacted the Iranian regime in the short term, it failed to dismantle its underlying will […]
Iran “Decapitation Strike”

Wartime Governance, Strategic Resilience, and Geopolitical Shocks I. Executive Summary On February 28, 2026, a joint U.S.-Israeli “decapitation strike” resulted in the assassination of Iran’s Supreme Leader, Ayatollah Ali Khamenei. By March 9, 2026, the Assembly of Experts confirmed his son, Mojtaba Khamenei, as the new Supreme Leader. This wartime succession marks an unprecedented phase […]
Kevin Warsh and the Potential Pivot of the Federal Reserve

Personal Background, Policy Philosophy, and the Risk of Repoliticizing U.S. Monetary Governance Executive Summary The nomination of Kevin Warsh as Chair of the Federal Reserve represents more than a mere change in personnel; it signals the most significant “institutional pivot” for the Fed since the era of Paul Volcker. As an “insider challenger,” Warsh’s core […]
Breaking Through the Shadow of Tariffs: In-Depth Analysis and Geopolitical Assessment of Prime Minister Carney’s 2026 Visit to China

Executive Summary On January 16, 2026, Canadian Prime Minister Mark Carney conducted an official visit to China, marking the first visit by a Canadian leader since 2017. During the summit in Beijing, a series of landmark trade agreements were signed, signaling a strategic thaw in bilateral relations after years of “deep freeze.” This visit represents […]
The January 13 Watershed

Geoeconomic Weaponization and the Strategic Roadmap for Iranian Regime Transition Executive Summary January 13, 2026, is regarded as a “strategic watershed” in Middle Eastern geopolitics. On this day, U.S. President Donald Trump not only transformed Iran’s domestic issues into a global economic and trade survival choice through a “25% tariff,” but also signaled a shift […]
Widespread Protests Rock Iran: Economic Crisis Morphs into Political Challenge to Clerical Rule

TEHRAN, Iran – January 6, 2026 – A new wave of mass protests, initially sparked by a deepening economic crisis, has rapidly escalated into a nationwide political challenge to the Islamic Republic, marking the most significant unrest since the 2022 Mahsa Amini movement. The protests, which began in late December 2025, have spread across the country, […]
From Decapitation to De Facto Trusteeship

The Strategic Logic, Energy Restructuring, and Global Monetary Order Shock of the US Takeover of Venezuela Executive Summary On January 3, Eastern Time, US President Donald Trump announced that US forces had successfully captured Venezuelan President Nicolás Maduro and his wife. This surprise operation sent shockwaves through the international community. This report argues that the […]
Thailand Prime Minister Anutin’s Political Calculus

The Thai-Cambodia Conflict, Civil–Military Relations, and the 2026 Election Outlook Executive Summary Thai Prime Minister Anutin Charnvirakul’s hardline stance during the Thai–Cambodia border conflict in the second half of 2025 reflects a convergence of domestic political motivations, civil–military relations, and electoral considerations, rather than a response driven purely by border security concerns. This assessment concludes that Anutin’s strategy has been […]