Wars in the Middle East: but there is another War on Drugs to be considered … the links to Iran, Afghanistan, Pakistan, Syria, Turkey … all sources of illegal drugs and synthetic drugs. Highly recommend Netflix Legends, see below, just released May 7th 2026, 6 episodes

Legends on Netflix a recommendation linking it todays need for War on Drugs, cover abroad and UK

Thought for 1m 5s

If you’re looking for a gripping, timely Netflix recommendation that hits right at the heart of the drug crisis—both historical and shockingly relevant today—watch Legends. https://artifacts.grokusercontent.com/third-party-image

radiotimes.com This brand-new six-part British drama (premiered May 7, 2026) is inspired by a true, untold story from the early 1990s. A team of ordinary UK Customs and Excise officers—civil servants with zero espionage training—are given new identities (“legends”) and sent undercover to infiltrate some of Britain’s most violent drug gangs. Their mission: stop the flood of heroin devastating streets, clubs, and communities during the height of the epidemic. netflix.com +1 Starring Tom Burke and Steve Coogan (who absolutely nails his role), with a strong ensemble including Hayley Squires, it’s tense, suspenseful, and grounded in real events. Think The Gold meets Line of Duty—gritty 90s Britain, high-stakes infiltration, moral gray areas, and the human cost on both sides of the law. At just six episodes, it’s the perfect binge: smart, propulsive, and never preachy. https://artifacts.grokusercontent.com/third-party-image

variety.com Why it perfectly links to today’s urgent need for a real War on Drugs

Legends isn’t just nostalgia for Thatcher-era crackdowns. It shows how targeted, intelligence-driven enforcement—undercover ops, border control, and dismantling supply networks—actually worked against organized crime when drugs were pouring in unchecked. Margaret Thatcher’s government treated the heroin crisis as the emergency it was, and these “everyday” officers risked everything to fight it from the inside.

variety.com Fast-forward to 2026, and the crisis hasn’t gone away—it’s evolved, gone global, and gotten deadlier with synthetics. The show is a stark reminder that supply-side pressure (disrupting cartels, trafficking routes, and gangs) remains essential alongside treatment and harm reduction. Pure decriminalization or demand-only approaches haven’t stopped the flow; powerful criminal networks adapt and profit.In the UK right now: Drug-poisoning deaths are still tragically high. In 2024 (latest full ONS data), England and Wales recorded thousands of deaths, with cocaine mentions up 14% for the 13th straight year (1,279 deaths) and opioids involved in nearly half. Heroin/morphine remain the top killers among opiates, while nitazenes (synthetic opioids up to 100x stronger than heroin) surged nearly 4x to 195 deaths. ons.gov.uk +1 Scottish gangs and international networks keep trafficking cocaine, heroin, and new synthetics into Europe and the UK, with Europol operations targeting violent crews as recently as March 2026.

reuters.com Abroad (and feeding straight into the UK): The US fentanyl catastrophe—largely from Mexican cartels sourcing precursors internationally—has been catastrophic, with 72,776 fentanyl-related deaths in 2023 alone (though overall overdose numbers have started declining slightly into 2025 thanks to some enforcement wins and market shifts).

usafacts.org +1 Globally, the UN World Drug Report and Europol highlight how criminal networks control massive cocaine and synthetic drug pipelines into Europe. Gangs use violence, intimidation, and sophisticated smuggling—exactly the world Legends dramatizes.The series drives home a simple truth: when authorities go on the offensive with undercover work and cross-border pressure (as in the real ops that inspired the show), they can disrupt the trade and save lives. Today’s version needs the same urgency—updated for fentanyl analogues, nitazenes, and hyper-connected cartels—because the human toll (families shattered, communities flooded, lives lost) hasn’t stopped.

Legends isn’t propaganda; it’s a dramatized but faithful look at what happens when society fights back effectively.

whats-on-netflix.com Stream it on Netflix today. It’s not just great TV—it’s a compelling case for why the war on drugs (smart, targeted enforcement included) is still very much needed in 2026, from Liverpool to London to the global supply lines. You won’t regret it.

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Al Arabiya English: Iran … a humiliation for the American President?

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Bloomberg Originals: Semiconductors power everything from AI to smartphones but making them is a complex manufacturing feat. Check this out.

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The University of Michigan’s consumer-sentiment index dropped to an ALL-TIME LOW. TRUMP’S TARIFFS & WAR MADNESS = CRUSHES AMERICAN SENTIMENT.

Steve Hanke

@steve_hanke

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The University of Michigan’s consumer-sentiment index dropped to an ALL-TIME LOW. TRUMP’S TARIFFS & WAR MADNESS = CRUSHES AMERICAN SENTIMENT.

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Source: Chatham House – International Affairs Thing Tank “The battle against captagon. Captagon … the Iran connection. Captagon is the poor man’s cocaine.

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The battle against captagon

The ‘poor man’s cocaine’ is now rife across the Middle East, heralding an era of violent, state-sponsored drug-trafficking, says Vanda Felbab-Brown

The World Today

Published 27 May 2022

Updated 17 May 2023 —3 minute READ

Image — Kurdish police in Qamishli, a city on the Syrian-Turkish border, find a stash of captagon tablets hidden in building materials

Dr Vanda Felbab-Brown

Director, Initiative on Nonstate Armed Actors and Senior Fellow, The Brookings Institution

Use of the drug captagon is increasing across the Middle East. The illicit production, smuggling and sale of this amphetamine-like narcotic are thought to be worth $5 billion a year, a large part of which props up Bashir al-Assad’s brutal regime in Syria and the militant group Hezbollah. 

17 million captagon pills were seized by Jordanian authorities by April this year – more than in all of 2021

By April this year, Jordanian authorities reported that they had already seized 17 million pills of the ‘poor man’s cocaine’. This compares with the 15.5 million intercepted on its border with Syria in all of 2021. In the past two years large seizures have been made further afield as well. Authorities impounded a shipment of 85 million tablets in the Italian port of Salerno, 95 million tablets in Malaysia and 74kg of the drug in Nigeria. 

But authorities in the Middle East and North Africa are unlikely to be able to counter the captagon traffickers. First, various militias involved in the smuggling enjoy powerful political patrons who help block law enforcement efforts. Second, police in the region frequently adopt old-fashioned and counterproductive anti-narcotics policies. Worse, these shortcomings have already allowed a wave of more damaging synthetic drugs to emerge.

Captagon was developed in the 1960s and marketed as a treatment for depression, brain injury and narcolepsy but, as it fell from medical use in the 1980s, the name came to be applied to an illicit mix of amphetamine and caffeine. In the 1990s, its illicit production was based in Bulgaria, but moved in the early 2000s to Lebanon. By the mid-2000s it had made its way into Syria. 

Over the past decade, Lebanon and Syria have provided ideal circumstances for captagon production. Each is a weak state undermined by powerful militias and ethnic factions, with large refugee populations from the various Middle East wars. Both sit at the centre of large, historical smuggling networks from the Gulf to Europe.

In Syria, the trade in captagon has offered employment to chemists from Syria’s large chemical industry which, like much of the economy, has been devastated by the civil war. In addition, swaths of the country were taken over by jihadi groups such as ISIL, the Islamic State of Iraq and the Levant, which itself traded in captagon and whose fighters often used the drug. 

As a New York Times investigation last year reported, the Fourth Armoured Division of the Syrian Army, commanded by Bashir al-Assad’s younger brother Maher, Syrian intelligence services, and traders and warlords linked to the Assad regime had become key sponsors of captagon production in Syria and trafficking across the Middle East. 

Hezbollah increasingly relies on drug trafficking to pay their fighters, buy weapons and provide social handouts

It is not only the Syrian regime for which the captagon trade produces crucial survival money, however. US sanctions on Iran have reduced the historic flow of funding to Shia militant groups such as Hezbollah. Lebanese and Iraqi law enforcement officials have said that Hezbollah increasingly relies on drug trafficking, with the help of Syrian regime connections, to employ and pay their fighters, buy weapons and provide social handouts. Various pro-Iranian paramilitary groups in Iraq, such as the notorious Ketaib Hezbollah, are known to exploit drug trafficking for similar ends.

Tehran does not necessarily encourage drug trafficking by Iranian-backed militia groups but its support for such groups makes it difficult for police in Iraq and Lebanon to effectively prosecute them. 

The involvement of these battled-hardened fighters in captagon and methamphetamine trafficking has meant the trade has become more violent. This contrasts with earlier generations of Lebanese smugglers who were wary of drawing attention to themselves in the prime markets of Saudi Arabia and the United Arab Emirates. In recent months, for example, Jordanian law enforcement authorities have suffered deadly attacks by drug traffickers equipped with weaponized drones and armoured vehicles. 

So much captagon has been sent to Sunni Saudi Arabia from Lebanon that Saudi authorities in 2021 widened their confrontation with Shia Iran by suspending imports of Lebanese produce, adding to Lebanon’s critical economic problems.

In affluent but repressive places such as Saudi Arabia and the UAE, captagon is used by young people to escape boredom and in countries such as Iraq and Libya, which have been blighted by conflict, its use has been growing among traumatized populations. 

Iran and Iraq already have a crystal meth problem, and this dangerous narcotic is beginning to sweep the region

Captagon can also lead to the use of stronger drugs. Iran and Iraq already have a crystal meth problem, and this far more dangerous narcotic is beginning to sweep the region. 

The Middle East and North Africa are woefully unprepared. Drug policies, especially in the Gulf, still centre on imprisoning users which can be counterproductive and does little to stop the traffickers. During the World Police Summit in Dubai in March 2022 regional authorities measured their ‘successes’ by the increasing numbers of users arrested. 

Meanwhile, reliable statistics on use of the drug are often nonexistent and authorities remain blind to the complex social and policing challenges posed by relatively new synthetic drugs such as fentanyl. As the synthetic drug revolution sweeps global drug markets from the Asia-Pacific region to North America and across the Middle East, there is precious little time for authorities to learn a vital lesson from the rest of the world: that those suffering from drug use disorders need to be seen as patients rather than criminals.

Law enforcement agencies will need to smarten up their act if they want  to avoid mounting violence and at least partially stem the flows of these highly lethal drugs.
 

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Fortune: U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month

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U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month

Eleanor Pringle

By 

Eleanor Pringle

Senior Reporter, Economics and Markets

May 7, 2026, 6:46 AM ET

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U.S. Treasury Secretary Scott Bessent looks on as U.S. President Donald Trump delivers remarks.

U.S. Treasury Secretary Scott Bessent looks on as U.S. President Donald Trump delivers remarks.Alex Wong – Getty Images

The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to the latest estimates out of the Executive Office of the president—a figure described as “beyond scary” by budget hawks.

Yesterday, the department headed by Scott Bessent released its latest Quarterly Refunding Documents, which communicate any changes in debt management policy, as well as financing estimates from Treasury and bond market participants. The documents also share bond issuance plans.

The presentation showed that as of April 2026, the Office of Management and Budget (OMB) expected the 2026 fiscal year to run at a deficit of $2.06 trillion, higher than estimates from the Congressional Budget Office (CBO).

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The federal fiscal year will end on September 30, with the OMB projecting a deficit of $2.17 trillion for FY2027.

This means that for every month of the current fiscal year, the government will have issued more than $166 billion in debt. From October, that average will increase to approximately $181 billion a month.

The CBO, by comparison, had estimated a deficit of $1.85 trillion for the current fiscal year and $1.89 trillion for next year.

It comes as national debt—being added to month after month—creeps closer to the $39 trillion mark. At the time of writing, the U.S. national debt sits at $38.91 trillion, per Treasury data.

The interest payments on that debt are now so huge that they rival government spending on both education and defense combined. The CBO’s preliminary estimates released last month show the Treasury paid out nearly $530 billion on service payments between October 2025, when the fiscal year starts, and March 2026. This equates to more than $88 billion in interest payments a month, or more than $22 billion a week.

“$2 trillion deficits used to be unheard of, and then they only occurred during major recessions—it’s beyond scary that $2 trillion deficits are now the norm,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. “Markets will only tolerate our unsustainable borrowing for so long; the risk of a fiscal crisis gets higher as the days pass. We need deficit reduction urgently.”

MacGuineas was echoed by Frederick Kempe, president and chief executive officer of non-partisan think tank the Atlantic Council. Kempe wrote in a blog post yesterday: “Trust doesn’t collapse overnight. It slips incrementally until the terms on which the United States borrows, invests, and leads begin to change.

“This debate still strikes most Americans as abstract; it is anything but. Higher debt, if mismanaged, means higher interest rates on mortgages and business loans. It can shift resources away from investments in our national future toward paying for the past at a time when the global competition with China is accelerating.”

3% deficit target

A deficit of $2 trillion for the year sits well above the level set by those calling for a 3% deficit-to-GDP limit.

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The push to anchor deficits to 3% of GDP has garnered bipartisan support in recent years. Some policymakers believe that even an agreed-upon target would be too lax—a mandate should be written into the constitution. Even a 3% benchmark is roughly half the level of current deficits, and would on its own require budgets to meaningfully shift. It would require approximately $10 trillion in deficit reduction over the next decade for the target to be reached by 2036.

MacGuineas added: “As policymakers and thought leaders are increasingly gravitating toward the idea that we need to put deficits on track towards 3% of GDP, today’s news shows just how far we have to go. A $2 trillion deficit is more than 6% of GDP—about twice the 3% target—and things are getting worse, not better.”

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About the Author

By Eleanor PringleSenior Reporter, Economics and Markets

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

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