More: Analysis
NATO Is Winning the War Russia Isn’t Fighting
On 23 September, a Russian Mi-8 helicopter flying from Kaliningrad crossed into Polish airspace north of the town of Braniewo, penetrated roughly 300 metres...
The Global Cost of Resilience in the Twenty-First Century
For more than three decades, Europe organized much of its economic thinking around a particular interpretation of efficiency. Energy security, industrial self-sufficiency, strategic reserves,...
Brazil Election: How the Vote Could Reshape US Trade, Tariffs and Critical Minerals
In the upcoming presidential runoff in Brazil, two candidates, Senator Flavio Bolsonaro and incumbent President Luiz Inacio Lula da Silva, represent very different visions...
Make or Break in Beijing: Can the EU Get Anything Real From China by October?
A Chemical Nobody Had Heard Of
On 3 October, five days before EU trade commissioner Maroš Šefčovič landed in Beijing, China's commerce ministry opened an...
The Black Sea’s Quiet Shipping War Reaches NATO Waters
Seventy Miles Off Byala
At about 3am on 6 October, aerial and sea drones struck two Turkish-owned cargo ships some 70 nautical miles off the...
Europe’s Record Russia Blacklist: Who Pays, Who Profits — and Why €185 Billion in Brussels Still Decides the Financial War
Today's Numbers
1,646 (new EU Russia listings agreed 7 October) · ~4,650 (total names on the EU's Russia list once adopted) · €185bn (Russian central-bank...
Pakistan’s Military Expands Gulf Role as Parliament Sits on the Sidelines
Eleven years after Pakistan decided against joining a Saudi-led intervention in Yemen, the country has now agreed to send more forces to Saudi Arabia...
Bab al-Mandab: Saudi Arabia’s Hormuz Escape Route Under Fire
On 4 October, Rashad al-Alimi, head of Yemen's Presidential Leadership Council, went on television from Saudi Arabia to announce a campaign to retake the...
The Blockade That Doesn’t Exist: How Europe Could Stumble Across Russia’s Kaliningrad Red Line
A Note About a Plan Nobody Has
On 30 September Russia sent NATO members a written note claiming it had information that the alliance was...
The Bond Market Is Now a Geopolitical Actor
Three Records in Two Days
On Wednesday, 1 October, the US 10-year Treasury yield hit 5.34%, its highest since 2002. The same day, Britain’s 30-year...