After a week-long offensive, Houthi forces now control Perim, Mayyun, and the al-Omari camp at the southern mouth of the Red Sea, creating a second chokepoint alongside the contested Strait of Hormuz. Also this week: U.S. gross public debt officially surpassed 40 trillion dollars as Treasury yields hit their highest level since 2007; consumer sentiment fell to its second-lowest on record with inflation expectations spiking; and major AI frontier models have shipped at a breakneck pace, with fou…