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Arctic Geopolitics and the U.S.-Russia Rivalry Over Greenland 03/29/2025

Wall Street Investment Banks at a Crossroads: Job Cuts Loom Amid Sluggish Deal Flow 03/26/2025

US Demands Reshape Ukraine’s Mineral Deal: 03/28/2025

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World & Politics

EU Council Presidency passes to Hungary

On Monday, Hungary will take over the rotating presidency of the European Union Council for the next six months. The Hungarian presidency of the council announced its priorities for the next six months on its website, saying, "Hungary will work as an honest broker in a spirit of sincere cooperation...

EU and Ukraine sign agreement on security guarantees

Zelensky and the EU have inked a deal pertaining to long-term security obligations. The agreement codifies the union's pledges to, among other things, arm Kiev, train Ukrainian forces, demine, and work together to fight cyber and hybrid threats. According to Bloomberg, Volodymyr Zelensky, the...

Following His Guilty Plea In The US, Wikileaks Founder Julian Assange Arrives In Australia

The founder of WikiLeaks, Julian Assange, returned home on Wednesday after agreeing to a plea agreement that freed him from a 14-year legal struggle and admitted guilt to breaking American espionage law. Assange's homecoming brings an end to a protracted legal battle that saw him fight...

Amazon to replace 95% of plastic packaging with paper packaging in North America

According to a statement from the company, 95% of air-filled plastic packaging in North America will be replaced by paper fillers made entirely of recycled materials. As a result, about 15 billion less plastic packaging will be utilized every year. "We are working to completely phase out plastic...

Survey: US millionaires agree with raising taxes for the richest citizens

According to the Financial Times, a YouGov survey conducted among Americans earning more than $1 million revealed that the majority of them are in favor of Joe Biden's plan to raise taxes on the wealthiest residents and to introduce the progressive tax system. Nearly 60% of participants indicated...

Russia And North Korea Agree To Provide Each Other With All Military Support In The Event Of An Attack

During Russian President Vladimir Putin's first visit to North Korea in 24 years, the leaders of the two countries inked an agreement promising to give quick military support if either came under armed attack. Under a 1961 contract signed by the Cold War allies and revoked in 1990 when the...

Japan's Finance Ministry confirms first intervention in the foreign exchange market since 2022

According to CNBC, data from the Japanese Finance Ministry released on Friday verified that the foreign exchange market had been intervened in to lessen the yen's slide. The Japanese government purchased currency with 9.79 trillion yen ($62.25 billion) between April 26 and May 29. The ministry...

FT: NATO has only 5% of necessary air defense capabilities to defend Europe

Less than 5% of NATO members possess the air defense capabilities required to defend Eastern and Central European nations from a full-scale attack, writes the Financial Times citing people who are aware of the alliance's preparations. According to a senior NATO diplomat, NATO's strategy to prevent...

At Trilateral Summit China Urges South Korea, Japan, And Taiwan To Oppose "Protectionism"

China asked South Korea and Japan during a trilateral conference in Seoul on Monday to support free trade and reject "protectionism." During his meeting with South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida, Chinese Premier Li Qiang expressed his opposition to...

Muslim countries welcome three European countries’ decision to recognize Palestine

A number of Muslim nations applauded Norway, Ireland, and Spain for their decision to recognize Palestine as an independent state. "International law, jurisprudence, and justice require the recognition of Palestine," the Turkish Foreign Ministry said in a statement released on Wednesday. "God...