How Bangladesh’s Interim Government Is Locking In Constitutional Change Before Democracy Can Deliberate It

The Timing Reveals the Strategy Muhammad Yunus pushed the Election Commission to hold elections on February 12, 2026—before Ramadan, he insisted. The public rationale was logistical: avoid the disruption of the holy month. But the structure reveals a different logic: the interim government has a rapidly closing window to make permanent changes to Bangladesh's constitution … Continue reading How Bangladesh’s Interim Government Is Locking In Constitutional Change Before Democracy Can Deliberate It

Project Vault: When Protection Requires Extraction

Executive Summary Project Vault is a $12 billion strategic reserve of critical minerals announced February 2, 2026. It aims to shield U.S. manufacturers from China's near-monopoly on rare earth processing, but its financing structure—a $10 billion Export-Import Bank loan with an explicit "make a profit" mandate—transforms protection into extraction. Manufacturers experience it as a captive … Continue reading Project Vault: When Protection Requires Extraction