Headlines

Trump’s Fulbright cuts mark end of a soft power era

America’s biggest educational exchange program is on its last legs. President Donald Trump’s Fiscal Year 2027 Budget recently proposed to cut the Fulbright Program by nearly 80%. The cut comes during the 80th year of the program, which was founded at the behest of its namesake,

Asia

Merz floats Plaza Accord redux to tame China’s trade practices

Trade tensions between the EU and China are deepening. On June 16, the EU’s trade chief, Maros Sefcovic, said the bloc’s unbalanced trade relationship with China “had reached a point that requires a reset.” The German chancellor, Friedrich Merz, then criticized Beijing days

Asia

China’s currency stance could cost it lost decades

China may be facing a confusing short circuit in its economic and political calculations that could seriously harm the nation over the next few years. A huge and growing trade surplus seems to be the main obstacle driving China toward friction and conflict with much of the

Asia

Pope Leo: human dignity in the AI age

This is the first part of a series. Pope Leo XIV’s first encyclical offers theological and humanistic insights into the potential and risks of artificial intelligence for human dignity. It is also a declaration of the “dream of a new modernity,” in which the Catholic Church,

Asia

Nvidia flew to Beijing with Trump to sell but China said no

A month ago, the CEO of the world’s most valuable company boarded Air Force One in Alaska as a last-minute addition to President Trump’s Beijing delegation. Jensen Huang came to sell Nvidia’s H200 chips, just cleared for export by Washington. But Beijing said no. It’s pushing

Asia

NATO exists to guard against Russia, not to appease Donald Trump

What is the point of NATO? The defense ministers’ summit on June 18 and the visit by the NATO Secretary General to Washington last week in advance of the leaders’ summit due to take place on July 7-8 in Turkey have made it seem as if the military alliance’s main purpose is the

Asia