US FATCA requests target 49 Swiss banks and financial institutions
Switzerland’s Federal Tax Administration has published 33 new US FATCA group request notices and 16 final decisions involving Swiss banks…
EU and US diverge on Russian oil sanctions as Trump waives latest penalties
The EU Council is expanding sanctions against companies circumventing restrictions on Russian oil, while US President Donald Trump has waived…
EU and US clash over Washington’s full-scale sanctions against ICC
The EU and US are heading towards a confrontation over international criminal justice. Washington has sanctioned the ICC as an…
EU Parliament questions US tax deal and calls for corporate tax reforms
The European Parliament has raised concerns that the OECD's Side-by-Side tax agreement with the US could weaken the global minimum…
U.S. presses G20 to rethink global trade rules, excess capacity and Most-Favoured-Nation
U.S. Trade Representative Jamieson Greer called for action on structural excess capacity, food-related economic coercion, forced labour and the Most-Favoured-Nation…
Xi in Washington: Pageantry, process – and two different versions of a summit
Xi Jinping's state visit produced eight "deliverables" – yet most are dialogues, intentions or restated positions. Trade gets a modest…
Greenland, Denmark and US sign Arctic security agreement backed by NATO allies
The agreement expands US military access and sets rules for bases and sensitive investment in Greenland. Leaders across Europe have…
U.S. Fed raises target range for federal funds rate to 3.75 – 4 percent
The U.S. Federal Open Market Committee decided to raise the target range for the federal funds rate by 0.25 percentage…
SOTEU 2026: Von der Leyen outlines EU security overhaul and associate status for Canada
In her 2026 State of the Union address, EU Commission President Ursula von der Leyen proposes opening a path to…
EU Arctic strategy to put security at its core amid Russian military activity
At the European Arctic Summit in Rovaniemi, EU leaders outlined a stronger security focus for the forthcoming Arctic strategy. Russian…
Leading economists unveil strategy to secure Europe’s AI independence and avoid marginalisation
A coalition including Nobel laureate Philippe Aghion and former EU Commissioner Margrethe Vestager has unveiled a Transformative AI Strategy for…
EU Commission submits EU-US border security framework for approval
The EU Commission has proposed that the Council sign and conclude a framework agreement governing reciprocal EU-US information exchange. Required…
U.S. Treasury targets Iran-backed proxy and sanctions-evasion networks
Under Operation Economic Outcast, the U.S. Treasury has sanctioned commanders, financiers, arms dealers and businesses supporting Kata’ib Hizballah, Hizballah and…
IAEA launches ATLAS initiative for nuclear-powered shipping and floating nuclear plants
The IAEA’s new ATLAS initiative brings governments, regulators and industry together to develop safety, security, safeguards and regulatory frameworks for…
ESM raises $2 billion with five-year dollar bond as investor demand exceeds $6 billion
The European Stability Mechanism (ESM) has raised $2 billion through a new five-year U.S. dollar bond, attracting more than $6.1…
Bruegel: China’s Arctic Silk Road becomes reality via Russia’s Northern Sea Route
China’s first regularly scheduled container service through the Arctic could turn Russia’s Northern Sea Route from an experimental corridor into…
Carney suspends U.S. trade talks, turns to EU for “much stronger and deeper” partnership
Canadian Prime Minister Mark Carney says Ottawa has suspended trade negotiations with Washington after rejecting U.S. terms as “uneconomic” and…
ICC rejects, EU regrets new U.S. sanctions against ICC officials
The International Criminal Court (ICC) has rejected new U.S. sanctions targeting ICC President Tomoko Akane and Senior Trial Lawyer Abdoulaye…
ECB: Europe’s venture capital gap leaves scale-ups short of growth capital
An ECB analysis finds that U.S. venture capital funds hold roughly six times as much capital as their EU counterparts,…
U.S. OFAC targets Iran’s Strait of Hormuz insurance scheme and shadow fleet
The U.S. Treasury says Iran is turning maritime insecurity in the Strait of Hormuz into a revenue stream for the…
DARPA and SpaceLogistics launch first commercial robotic satellite-servicing mission to GEO
SpaceLogistics’ Mission Robotic Vehicle, carrying DARPA’s advanced robotic servicing system, has begun its yearlong journey to geosynchronous Earth orbit. The…
Chancellor Merz and President Macron: Advancing a secure Europe together
Deepening Franco-German friendship, strengthening Europe’s economy and jointly expanding its defence capabilities were at the heart of the 26th Franco-German…
EU-US trade: EU Council gives final approval for tariff commitments
On Thursday, the EU Council formally adopted two regulations implementing the tariff-related commitments set out in the EU-US Joint Statement of 21…
Kubilius calls for integrated European defence market as NATO 3.0 takes shape
EU Defence Commissioner Andrius Kubilius warned that Europe must urgently replace critical U.S. strategic enablers, integrate Ukraine’s battlefield-tested defence industry,…
Europol and FBI target Islamic State Khorasan Province networks across Europe
Europol coordinated a week-long counter-terrorism action with eight European law enforcement agencies and the FBI targeting Islamic State Khorasan Province…
Hegseth ties NATO 3.0 review to Europe-led defence and allied spending
From the U.S. administration’s perspective, NATO should move “irreversibly” towards a Europe-led model for the continent’s conventional defence. At the…
EU Parliament approves EU-U.S. tariff deal by large majority with stronger safeguards
The European Parliament approved two regulations implementing EU tariff commitments under the August 2025 EU-U.S. joint statement. The agreed texts…
US-Iran deal prompts global calls to reopen Strait of Hormuz toll-free
U.S. President Trump has claimed that a new US-Iran agreement would make the Strait of Hormuz “permanently toll-free,” while suggesting…
U.S. President Trump eases metals tariffs after pressure from U.S. industry
U.S. President Donald Trump has temporarily eased parts of his Section 232 tariff regime on steel, aluminium and copper derivatives,…
EU condemns Russian drone crash in Romania as foreign ministers tighten stance on Moscow
EU foreign ministers meeting in Limassol reaffirmed support for Ukraine, discussed additional pressure on Russia, and outlined European security red…
The algorithmic vanguard of transatlantic defence: shifting protocols of hybrid warfare
A profound transformation is reshaping the global security landscape as traditional military-industrial frameworks give way to computational sovereignty. Driven by…
Gas and oil supply: EU Commission discusses risks with EU Member States
In a meeting of the Gas Coordination Group and an ad hoc meeting of the Oil Coordination Group this week,…
U.S. and Sweden agree technology deal on AI, quantum and defence
The United States and Sweden have signed a non-binding Technology Prosperity Deal to deepen cooperation on AI, 5G/6G, biomedical research,…
NATO ministers prepare Ankara summit: 5% spending, Ukraine support, and Hormuz security
NATO foreign ministers meeting in Sweden prepared the July Ankara Summit around higher defence spending, stronger industrial production, and sustained…
EU lawmakers strike deal on EU-U.S. tariff agreement with safeguards and 2029 expiry date
The EU Council and European Parliament have reached a provisional agreement on two regulations implementing the tariff elements of the…