McGreal: The demands of both sides in the war are irreconcilable.
Thierry Wizman of the Macquarie Group stated in a report that the optimism that the war would end on Monday without the US first attempting to secure and control the Strait of Hormuz, or gaining more leverage in negotiations with Iran, now appears unfounded. The global forex and interest rate strategist said that the demands of both sides seem unbridgeable, and US amphibious assault units are still on their way to the theater of war. It appears that this war will continue for several more weeks. He also said that market forecasts indicate that a ceasefire agreement will not be easily reached before April, and may even take until late April.
Latest
8 m ago

