Headlines

Merz’s budget gamble: no Ukraine funding, no EU budget

Good morning. I’m Luca Bertuzzi, holding the pen for today’s newsletter. In this edition: Merz ties the EU budget to unanimous financial support for Ukraine, Europe sends a delegation to Abu Dhabi but stays outside the trilateral talks, and the Black Sea strategy struggles to

China fast-tracks mobile ICBM to lock down second-strike edge

China’s rapid operational integration of a new type of intercontinental ballistic missile (ICBM) underscores an accelerating push to modernize its land-based deterrent, addressing key technical vulnerabilities of earlier systems while fortifying second-strike survivability amid

Asia •

Beyond Trump: a time to rethink American power

Last Tuesday’s election was a stunning defeat for President Donald Trump. Democrats won both houses of Congress, including Senate races in states they haven’t won in generations. Americans went to the polls angry about rising prices, government corruption, rising

Asia •