Germany’s energy demand dropped by 1.9% over the first half of the year on surging oil and gas prices, according to preliminary data released by the Working Group on Energy Balances (AGEB), an association of German economic and energy organizations....
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Under Secretary of Defense for Acquisition and Sustainment Michael P. Duffey joins Jonathan to discuss the Pentagon’s ongoing acquisition transformation. Their conversation spans the recent munitions agreements, industry investments, the shift to portfolio acquisition executives, allied coproduction, and more.Image: Cpl....
It was framed as a perfect storm because nativists dearly wanted it to be. Looking on, progressives failed to meet the moment too The live streams are still running, training their cameras on the beach at Ceuta, where nothing is happening....
就让岁月开成一朵花, 等一场春风温柔抵达, 带着知足上路, 带着晚霞回家, 爱在时光中轻轻发芽。 – 吴忧 And so it begins. President Xi Jinping of China has summoned overseas Chinese to pool strengths and contribute to the rejuvenation of the Chinese nation. This is not new. The People’s Republic of China...
Pilgrims, accompanied by pony operators and porters, continue their journey along the Baltal route during rain on the annual Amarnath Yatra in Jammu and Kashmir in July 2026. Credit: Umar Manzoor Shah/IPS By Umar Manzoor Shah SRINAGAR, India, Aug 4 2026 (IPS) Every...
Washington has repeatedly used trade policy and U.S. market access over the past decade to advance broader economic security priorities with its trading partners. The Trump administration’s decision not to renew the U.S.-Mexico-Canada Agreement on July 1, during a mandatory...
Thailand has called for a more flexible approach to engaging with Myanmar, signalling a potential shift in ASEAN’s strategy toward one of its most persistent regional crises. Speaking at ASEAN headquarters in Jakarta, Thai Prime Minister Anutin Charnvirakul urged what...
US Undersecretary of War Elbridge Colby called South Korea (Republic of Korea, ROK) a “model ally” while visiting Seoul a few months ago. A “model ally?” Compared with what? South Korea is still a longtime partner and an ally bound by a...
After Restoring Stability, Argentina Needs to Turn Hard-Won Gains into Lasting Prosperity
Full ArticleCredit IMF Photo/Nicholas Karlin By Kristalina Georgieva WASHINGTON DC, Aug 4 2026 (IPS) My first meeting in Buenos Aires began with an unexpected gift. Economy Minister Luis Caputo presented me with an Argentine national team jersey bearing my name and the number 10—Lionel...
Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this week despite reports about potential renewal of peace talks based on statements made by President Donald Trump. A dozen tankers crossed the Bab...
Trade Liberalisation Never Lifted All Boats
Full ArticleBy Jomo Kwame Sundaram KUALA LUMPUR, Malaysia, Aug 4 2026 (IPS) President Trump has blamed trade liberalisation advocated by globalists for US deindustrialisation. Instead, his own weaponisation of economic policies, instruments and institutions purport to ‘make America great again’ (MAGA). Jomo Kwame Sundaram Trump...
The United States economy is showing remarkable resilience despite geopolitical tensions, political uncertainty, and concerns over slowing global growth. Rather than cooling, economic activity appears to be accelerating, driven by expansive fiscal policy, robust corporate investment, resilient consumer spending, and...
Europe‘s worst wildfire season in recent history is doing more than destroying forests, homes, and livelihoods. It is exposing a growing weakness in the continent’s ability to finance climate disasters. While insurers are expected to absorb billions of euros in...
Venezuela exported 1.16 million barrels of crude oil daily last month, a slight decline from June’s 1.2 million barrels daily, on lower withdrawals from storage, Reuters has reported, noting that exports to the United States during that month increased. July...
When Andy Burnham entered 10 Downing Street on July 20, it was as the UK’s seventh prime minister in a decade. As the product of a turbulent domestic political climate, with the decline of the traditional two-party system and the...
Fuelled by TikTok and street dance battles, the coupé-décalé offshoot is latest expression of Côte d’Ivoire’s pop culture The 400-strong crowd, perched on plastic chairs and wooden benches in Abidjan’s Yopougon-Selmer neighbourhood, roared with approval as Sauce Graine twisted and turned...
For anyone still selling the West’s grand strategy as a coherent product, is that the framework itself has aged worse than either of its authors could have imagined. Mackinder and Spykman were writing about a world where land power and...
Robert Kagan surprised some people. One of America’s most influential hawks condemned the Trump administration’s botched war in Iran, suggesting in The Atlantic in March that U.S. involvement in the Middle East has been a catalyst of, rather than a...
As the Senate returns to Washington for its last week in session until mid-September, it faces a long to-do list. But for many senators, the top priority is not enacting legislation that will help Americans but instead rushing to approve...
A Test Disguised as a Triumph NATO’s Ankara summit produced the largest Ukraine funding commitment of the war: European allies and Canada pledged at least €70 billion in military support for 2026, with a comparable sum promised for 2027, bringing...
The Galling Gallium Chokehold: Why the US Cannot Produce Precision Missiles and Fully-Functional F-35s
Full ArticleGallium Kudos, again, to Kevin Wamsley of Inside China Business. Based on his latest podcast (see below) I did some additional digging. The substance of his video briefing is shocking and alarming, at least for US policymakers and weapons manufacturers. There...
The way states reach one another is changing. For most of the period since 1945, conflict diplomacy was organised institutionally, through seats, mandates and votes, and above all at the United Nations. What we can observe is a shift from...
The saga of 38 Oxley Road, near Singapore’s prestigious Orchard Road, appears to be over. The Singapore government has decreed that the house will be preserved as a shrine to Lee Kuan Yew, independent Singapore’s founder and first prime minister. Stunningly,...
China will tighten its exit-entry rules from September 15 to stop experienced engineers from leaking knowhow in industries subject to export controls and deter tourists from visiting “high-risk” nations such as Japan. The State Council’s new regulation, which spans 19...
After several days of increasing threats against Iran, including social media posts like “FINISH THE JOB!” and “Take the oil. No mercy!,” President Trump has over the weekend called off a planned major escalation in the Middle East. For now....
The sharp swings in oil prices following the latest round of attacks and negotiations over safe passage through the Strait of Hormuz demonstrate that wars do not always reveal themselves first on the battlefield. Sometimes, their earliest signs appear on...
Seventy-two bodies came out of the water at Tarajal, and the sea kept giving some of them back through the weekend. They drowned in sight of Europe, in the fourteen-kilometer channel where the Mediterranean meets the Atlantic, reaching for a...
Namibia is rapidly emerging as Africa’s next major oil producer while neighboring South Africa, which controls roughly two-thirds of the same Orange Basin petroleum province, remains years behind in developing essentially the same petroleum system. The Orange Basin, an offshore...
The world is running short on fuels—the warning was first issued by some analysts who were watching the physical market rather than futures charts. Now, Big Oil is joining the chorus of warnings, with Shell, Exxon and Chevron all saying...
NEW YORK — A pointed question now hangs over global markets as the US Treasury links arms with Japan to confront yen bears: who actually holds the leverage — Washington or Tokyo? Treasury Secretary Scott Bessent plainly wants his Japanese...
Continental Resources, the company founded by shale billionaire Harold Hamm, looks to expand in Vaca Muerta as international companies vie to develop Argentina’s proven prolific shale patch. Continental is set to bid in this year’s bid round for acreage in...
I had a chance sit down with James Huang, Director of Engineering at Alchip Technologies, to discuss the company’s recent multi-die packaging achievements and learn about Alchip’s next steps in pushing the boundaries of innovation for next generation AI ASIC. James...
China is winning the race for global clean energy dominance. Beijing has outspent every other country on Earth for years now, and controls critical global clean energy supply chains. Over the same time period, the United States has taken a...
This monthly report is prepared for Sinocism by the excellent Sinification , an invaluable resource for understanding how domestic and international affairs are debated within the Chinese establishment. — Bill --- Note: The summaries included in this digest were drafted with AI...
An estimated 50,000 people attempted the journey to the Spanish territory in chaotic and dangerous scenes that resulted in dozens of deaths Border controls between Morocco and the tiny Spanish territory of Ceuta appeared to break down in the past week,...
Over 1,600 days into Russian President Vladimir Putin’s 10-day special military operation and the situation for the Kremlin continues to deteriorate. Since Moscow ordered its troops illegally into Ukraine on 24 February 2022, more than 450,000 of them have been...
Russian crude processing fell to its lowest level in more than two decades in July after Ukraine expanded its drone campaign from refineries to tankers, pipelines and export infrastructure, according to The Moscow Times, citing Bloomberg analysis. Russian refineries processed...
We are still in the early innings of the earnings season, with roughly a third of S&P 500 companies having returned their second quarter scorecards. And, it’s shaping up to be yet another bumper earnings season: according to FactSet data,...
Clashes in Ethiopia along borders with Sudan, Eritrea stoke worry of larger regional war
Full ArticleAfter four years of a contentious peace between the Ethiopian federal government and the Tigray People’s Liberation Front, fighting broke out between the two sides on Saturday. The clashes spanned from the Humera border town with Sudan in the north to...
Vijay Prashad – The Odyssey of the West
Full ArticleChristopher Nolan’s hotly-debated new film raises questions about the crisis of Western leadership. Vijay Prashad is the Director of Tricontinental: Institute for Social Research. His most recent book (with Grieve Chelwa) is How the International Monetary Fund Suffocates Africa (from Inkani...
Whether it is wildfires, floods or droughts, Spain’s climate has become increasingly extreme and the southern European country is moving from one ecological crisis to the next. Chris Bambery is an author, political activist and commentator. His books include A People’s History...
The unofficial truce between Saudi Arabia and the Houthis is over. The war re-opens up yet another front of conflict in the Middle East. Elfadil Ibrahim is a writer and analyst covering the politics of the Middle East and Africa, with...
Getting Nuclear Diplomacy with Iran Back on Track
Full ArticleAmid continued war and the so-far unsuccessful attempts to open the Strait of Hormuz, the goal of preventing Iran from developing a bomb has been sidetracked. It was a primary objective when the war started, but atomic diplomacy has been...
U.S.-Iran War Escalates Amid Growing Fears of Regional Instability and Rises In Arbitrary Executions
Full ArticleIInternational experts have reported a uptick of human rights violations committed in Iran, notably arbitrary executions of protestors since January 2026. Credit: Amir Sarabadani/Wikimedia Commons By Oritro Karim UNITED NATIONS, Aug 3 2026 (IPS) Over the past several weeks, the humanitarian landscape in...
For those who have been unconscious these past several months, the Controlled Media darling known as Savannah Guthrie had her mother allegedly kidnapped just before the Iran War kicked off. Total coincidence…if you believe in coincidences. Kinda how Pedo-Adjacent Former Prince Andrew,...
Credit: Joseph Barrientos on Unsplash By James Alix Michel VICTORIA, Seychelles, Aug 3 2026 (IPS) Earlier this year, I called publicly for a precautionary pause on deep-sea mining, arguing that it is not a rejection of progress, but a commitment to sound science. I...
Desperate to blunt the threat posed by Ukrainian drone attacks, the operator of Wildberries, Russia’s leading e-commerce platform, is looking to lease warehouse space in neighboring Kazakhstan. In response to a series of recent Ukrainian drone strikes across Russia that...
European Commission president says work needed in five areas of migration control including returning more people The president of the European Commission has called for action to strengthen Europe’s borders after tens of thousands of people arrived and quickly left the...
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