Headlines

Yen, won flashing a currency risk markets haven’t priced

The instinct among global investors watching this Middle East crisis is simple. Oil goes up, the Fed delays cuts, the dollar strengthens, and everyone adjusts their U.S. exposure accordingly. What’s being missed is a very different, and arguably more dangerous, dynamic playing

Asia

Iraq emerging as an accidental Iran war winner

Iraqi Prime Minister Ali al-Zaidi is on something of a diplomatic roll at the moment. Having concluded a weeklong visit to the United States on July 19, 2026, during which he charmed President Donald Trump, al-Zaidi is now expected to head to Tehran to do the same with Iran’s

Asia

The real reasons behind Zelensky’s unpopular military purge

Ukrainian President Volodymyr Zelensky recently made the controversial decision to dismiss Mykhailo Fedorov, his minister of defense. Fedorov, admired both by Ukrainian troops and Western allies, was at the forefront of Ukraine’s increasing technological innovations in the war

Asia

Why Europe needs Pakistan now more than ever

Europe’s strategic environment is changing rapidly. Russia’s war in Ukraine, instability across the Middle East, growing insecurity in the Red Sea and renewed concerns over supply-chain resilience have prompted the European Union (EU) to reassess its external partnerships. At

Asia