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International

New York City, in the United States: What drives valuation gaps between private and public markets

The Yuan’s Ascent: How China Aims to Eclipse the US Dollar

China is taking advantage of a period marked by global instability to advance its long-held goal of giving its currency a broader international presence, as market turmoil, a softer US dollar, and shifting political landscapes have created what Beijing views as exceptionally ripe conditions.In recent months, global markets have been unsettled by a mix of political and economic pressures, many tied to policy signals coming from the United States, where the renewed presidency of Donald Trump has introduced fresh unpredictability in trade, monetary policy, and international relations, prompting investors to adjust to evolving circumstances as the US dollar sinks to…
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Trump the ‘demolition’ man of world order, European security experts warn

Analyzing Trump’s Challenge to European Security

The international system that has underpinned decades of relative stability is facing mounting stress. A new global security assessment warns that aggressive political disruption, driven largely by US leadership, is accelerating the erosion of long-standing rules, alliances, and shared norms.According to the Munich Security Report 2026, the world has entered a phase defined by what it describes as “wrecking-ball politics,” a style of leadership that prioritizes forceful disruption over continuity and consensus. The report argues that this approach is placing the postwar international order under its most severe strain since its creation, with consequences that extend well beyond traditional geopolitical…
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How cities prepare for more intense heat waves

How Cities Tackle Rising Heat Waves

Cities around the world face more frequent, longer and hotter heat waves as climate change continues to raise average temperatures and amplify extremes. Urban areas are especially vulnerable because the urban heat island effect concentrates heat: paved surfaces, dense buildings and low vegetation can raise local temperatures by 1–7°C relative to nearby rural areas. Preparing for this new normal requires a mix of near-term emergency measures, longer-term planning, infrastructure upgrades, public health interventions and community-focused equity work.The challenge: why intense heat waves are a growing urban riskHeat waves heighten the likelihood of heat‑related illness, cardiovascular and respiratory complications, and even…
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Why food prices rise even when harvests are strong

Understanding Rising Food Costs: Strong Harvests, Higher Prices

Strong harvests are a natural expectation for lower food prices, but the relationship between production volumes and retail prices is far from direct. Prices reflect the interaction of physical supply, logistics, policy, finance, and market structure. A good harvest in tonnes does not automatically mean abundant, cheap food on every table. Below are the main mechanisms that explain why food prices can rise even when aggregate harvests look strong.Primary factorsMismatch between global supply and exportable supply: A country can record a big harvest but still export little because domestic demand, government procurement, or quality issues absorb the crop. For example,…
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Why energy keeps getting used as a geopolitical tool

The Unending Story of Energy as a Geopolitical Tool

Energy extends far beyond fuel and electricity, serving as the foundation for industry, transportation, household well-being, and military strength. Because of this central role, it becomes a particularly powerful instrument in international affairs. Governments, corporations, and nonstate actors leverage supply, pricing, infrastructure, regulation, and technological oversight to pursue strategic objectives. This behavior endures due to four persistent factors: the uneven global distribution of resources, the long lifespan of infrastructure and contractual arrangements, the rapid economic strain caused by supply disruptions, and the wide-ranging ripple effects on alliances and domestic political dynamics.Core mechanisms of energy geopoliticsSupply manipulation: producers can cut or…
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Why information manipulation threatens democratic stability

Understanding the Threat: Information Manipulation and Democracy

Democratic stability depends on informed citizens, trustworthy institutions, contested but shared facts, and peaceful transitions of power. Information manipulation — the deliberate creation, distortion, amplification, or suppression of information to influence public opinion or behavior — corrodes those foundations. It does so not only by spreading falsehoods, but by reshaping incentives, degrading trust, and weaponizing attention. The risk is systemic: weakened elections, polarized societies, eroded accountability, and an environment in which violence and authoritarianism gain traction.How information manipulation worksInformation manipulation unfolds through several interconnected pathways:Content creation: fabricated or distorted storylines, altered photos and videos, and synthetic media crafted to resemble…
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Venezuela has a ton of oil. It also has something else America needs

The Unseen Value: Venezuela’s Gifts Beyond Crude Oil for America

Venezuela’s vast natural wealth has once again entered Washington’s strategic calculations. Beyond oil, the country’s potential mineral resources are being framed as assets of national importance, even as experts warn that turning ambition into reality would be far more complex than political rhetoric suggests.When Donald Trump declared that U.S. companies would gain access to Venezuela’s oil reserves, attention quickly expanded beyond crude. Inside policy circles, the conversation has increasingly included minerals, metals and even rare earth elements believed to exist beneath Venezuelan soil. These materials are essential to industries ranging from defense and aerospace to clean energy and consumer technology,…
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Essential Infrastructure Security: Combating Digital Threats

Essential Infrastructure Security: Combating Digital Threats

Essential infrastructure—power grids, water treatment, transportation systems, healthcare networks, and telecommunications—underpins modern life. Digital attacks on these systems can disrupt services, endanger lives, and cause massive economic damage. Effective protection requires a mix of technical controls, governance, people, and public-private collaboration tailored to both IT and operational technology (OT) environments.Risk Environment and ConsequencesDigital risks to infrastructure span ransomware, destructive malware, supply chain breaches, insider abuse, and precision attacks on control systems, and high-profile incidents underscore how serious these threats can be.Colonial Pipeline (May 2021): A ransomware attack disrupted fuel deliveries across the U.S. East Coast; the company reportedly paid a…
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The US is taking control of Venezuela and targeting Greenland. The Dow could still hit 50,000

US Influence: Venezuela, Greenland Under Scrutiny

Despite political tensions and economic uncertainty, the US stock market continues to defy expectations, with the Dow Jones Industrial Average approaching record highs.Investors find themselves moving through a complicated environment marked by international conflicts, domestic tensions, and conflicting economic indicators, creating a setting where typical market behavior feels overturned, yet the Dow, which reflects the performance of 30 major publicly traded American corporations, continues advancing toward record territory, prompting analysts and observers to wonder why the market seems to maintain its strength despite clear signs of volatility.Political headlines versus economic realitiesRecent events have painted a turbulent picture. Internationally, Venezuela faces…
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Rubio’s Strategy: Planning and Power in the Maduro Operation

Rubio’s Strategy: Planning and Power in the Maduro Operation

Marco Rubio and the high-stakes U.S. gamble in post-Maduro VenezuelaThe sweeping arrest of Nicolás Maduro became a pivotal moment in U.S.–Venezuela relations, with Marco Rubio at its core, whose influence within the Trump administration has recast Washington’s strategy toward Caracas and stirred profound uncertainty over what lies ahead for a fractured nation.On a January night filled with symbolism and high stakes, U.S. military actions against Venezuela unfolded far from Washington’s usual hubs of command. From Mar-a-Lago, President Donald Trump monitored the raid that resulted in the capture of Nicolás Maduro, with Secretary of State and National Security Advisor Marco Rubio…
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