Headlines

New EU trade rules ‘green squeeze’ the Global South

The EU parliament has just approved sweeping new rules that will require companies to avoid and mitigate human rights and environmental abuses in their supply chains. These are noble aims. They have been a long time coming. But without careful design and more proactive support

India aims new Crystal Maze missile at Pakistan’s nukes

India has just tested an Israeli air-launched ballistic missile (ALBM), reflecting a move away from Russia as its primary supplier for high-end weapons and the possible adoption of a counterforce strategy against Pakistan’s nuclear arsenal. This month, multiple media sources

What US should do next on national security

The US Congress just passed — and Biden signed — a major national security bill. The bill has four main provisions: I’m actually pretty surprised this bill passed, for two reasons. First, Mike Johnson, the Speaker of the House, had stalled Ukraine aid for quite some time, under

Massive fraud case exposes Vietnam’s corrupt bank system

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption. But this approach hasn’t

Gaza: AI changing speed, scale and harm of modern war

As Israel’s air campaign in Gaza enters its sixth month after Hamas’s terrorist attacks on October 7, it has been described by experts as one of the most relentless and deadliest campaigns in recent history. It is also one of the first being coordinated, in part, by algorithms.

US is no longer the arsenal of democracy

For the first several decades after World War II, the United States championed free trade. Exporting sectors like agriculture benefited from it. Many economists still support it. Much of the rest of the country has soured on it. The economic logic behind free trade is that

South Korea tries to Trump-proof the alliance

US and South Korean delegations met in Hawaii on April 23 to begin talks about how much host nation support Seoul will pay toward the cost of operating US military bases in South Korea. Under a “special measures agreement” that is renewed every few years, Seoul helps pay for

Firm offices raided, China calls EU ‘protectionist’

Beijing has called the European Union “protectionist” after the EU raided the offices of a Chinese security equipment supplier in Europe and probed into China’s procurement market for medical devices. The European Commission, the executive arm of the EU, on Tuesday carried out

Deterring China one big reason US aiding Ukraine

The Senate overwhelmingly approved a US$95.3 billion foreign aid funding package for Ukraine, Israel and Taiwan on April 23, 2024, following months of political infighting that stalled the bill in the House of Representatives. About $61 billion of this aid package will be spent