ICAO Council Finds Russia in Breach of International Air Law Over MH17 Downing

ICAO Council Finds Russia in Breach of International Air Law Over MH17 Downing

Montréal, 12 May 2025 – The Council of the International Civil Aviation Organization (ICAO) today voted that the Russian Federation failed to uphold its obligations under international air law in the 2014 downing of Malaysia Airlines Flight MH17. This represents the first time in ICAO’s history that its Council has made a determination on the merits
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UKUSA Agreement Release

UKUSA Agreement Release

The National Security Agency (NSA) has declassified and released a trove of historical documents detailing the origins and evolution of the UKUSA Agreement, the foundational treaty underpinning the intelligence-sharing alliance known as the “Five Eyes.” This release offers an unprecedented glimpse into the clandestine collaboration between the United States, United Kingdom, Canada, Australia, and New
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Ireland’s Data Protection Commission (DPC) imposed substantial fine of €530 million on TikTok for violating the GDPR by unlawfully transferring European users’ personal data to China

Ireland’s Data Protection Commission (DPC) imposed substantial fine of €530 million on TikTok for violating the GDPR by unlawfully transferring European users’ personal data to China

On May 2, 2025, Ireland’s Data Protection Commission (DPC) imposed a €530 million fine on TikTok for breaching the European Union’s General Data Protection Regulation (GDPR). The DPC fined TikTok after concluding that the company violated the General Data Protection Regulation (GDPR) in two key ways: by unlawfully transferring personal data of European Economic Area
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German domestic intelligence agency officially designated the entire political party Alternative for Germany (AfD) as a confirmed far-right extremist organization.

German domestic intelligence agency officially designated the entire political party Alternative for Germany (AfD) as a confirmed far-right extremist organization.

On May 2, 2025, Germany’s Federal Office for the Protection of the Constitution (Bundesamt für Verfassungsschutz, BfV), the domestic intelligence agency, officially designated the entire political party Alternative for Germany (AfD) as a confirmed far-right extremist organization. This unprecedented classification follows a three-year investigation and a comprehensive 1,100-page report. It grants the BfV expanded surveillance powers over the party, including wiretapping and the
Continue reading German domestic intelligence agency officially designated the entire political party Alternative for Germany (AfD) as a confirmed far-right extremist organization.

Comparative advantage and the dollar’s dominance: unpacking economic misconceptions

Comparative advantage and the dollar’s dominance: unpacking economic misconceptions

Kenneth Rogoff’s latest book, Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead, published by Yale University Press in April 2025, offers a sweeping, incisive examination of the historic rise of the US dollar and its increasingly precarious future. Drawing on his experience as a former
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No Euro cash for medical treatment in Russia under EU sanctions

No Euro cash for medical treatment in Russia under EU sanctions

Court of Justice of the European Union 30 April 2025 Case C-246/24 | Generalstaatsanwaltschaft Frankfurt am Main (Export of cash to Russia) The Court of Justice of the European Union has ruled that the EU’s restrictive measures—which prohibit the export of euro banknotes or those denominated in the currency of a Member State to Russia—also apply when the cash is
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The Maltese investor citizenship scheme breaches EU law

The Maltese investor citizenship scheme breaches EU law

The Court of Justice ruled that Malta’s 2020 investor citizenship scheme, which granted nationality in exchange for predetermined payments or investments without requiring a genuine link to Malta, violates EU law. While Member States retain competence over nationality matters, they must exercise it consistently with EU principles. Union citizenship is based on solidarity, good faith,
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The dispute between Canada and the United States over the Northwest Passage centers on the legal status of this Arctic sea route. 

The dispute between Canada and the United States over the Northwest Passage centers on the legal status of this Arctic sea route. 

Canada asserts that the Northwest Passage constitutes its internal waters, based on historical usage and the occupation by Indigenous peoples, particularly the Inuit. This claim is reinforced by the 1985 establishment of straight baselines around the Arctic Archipelago, effectively enclosing the passage within Canadian territory. Canada’s stance allows it to regulate all activities within the
Continue reading The dispute between Canada and the United States over the Northwest Passage centers on the legal status of this Arctic sea route. 

A proposal of a National Security Council in Germany

The proposal to establish a National Security Council (Nationaler Sicherheitsrat) in Germany is a central element of the coalition agreement between the CDU/CSU and SPD, presented on April 9, 2025. This initiative aims to transform the existing Federal Security Council (Bundessicherheitsrat) into a more comprehensive body within the Federal Chancellery (Bundeskanzleramt), which currently focuses primarily on approving arms exports, into a
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The EU and UK shift sanctions policy in post-Assad Syria

The EU and UK shift sanctions policy in post-Assad Syria

In the wake of Bashar al-Assad’s ousting in December 2024, both the European Union and the United Kingdom have introduced substantial modifications to their sanctions frameworks on Syria. These revisions are intended to foster the country’s reconstruction and political transition while preserving strategic leverage to sustain reform momentum. European Union: strategic easing of restrictions On
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First DMA fines hit Apple and Meta over user rights and market rules

First DMA fines hit Apple and Meta over user rights and market rules

On April 23, 2025, the European Commission imposed the first fines under the Digital Markets Act (DMA) against Apple and Meta, marking a significant escalation in the EU’s enforcement of digital competition rules. The Digital Markets Act (DMA)  The Digital Markets Act (DMA) is a landmark piece of legislation adopted by the European Union with the aim of reining in the overwhelming power
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The Legal Boundaries of EU Defence Policy: JURI Committee Challenges Commission’s Approach – Art. 122 – Democratic concerns and parliamentary scrutiny

The Legal Boundaries of EU Defence Policy: JURI Committee Challenges Commission’s Approach  – Art. 122 – Democratic concerns and parliamentary scrutiny

Recent use: the SAFE initiative The European Parliament’s Legal Affairs Committee (JURI) has expressed opposition to the European Commission’s use of Article 122(2) of the Treaty on the Functioning of the European Union (TFEU) as the legal basis for the “ReArm Europe” initiative (The Commission’s 19 March 2025 proposal to create the Security Action for
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The unpredictability and rapid shifts in geopolitical reality and strategic alliances within brief historical intervals, often less than a decade.

The unpredictability and rapid shifts in geopolitical reality and strategic alliances within brief historical intervals, often less than a decade.

The document presented is a memorandum dated April 12, 2001, from Donald Rumsfeld, then Secretary of Defense, addressed to President George W. Bush, Vice President Richard Cheney, and Condoleezza Rice. The memo introduces and attaches a critical reflection by Lin Wells titled “Thoughts for the 2001 Quadrennial Defense Review.” This reflection underscores a fundamental paradox:
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Avoiding the strategic trap: what Europe can learn from the fall of Rome

Avoiding the strategic trap: what Europe can learn from the fall of Rome

In his article “Why Europe Must Avoid a Strategic Trap in a Post-American World”, Alexander Clarkson warns that the decline of US power could follow a similar path to the fall of the Roman Empire. He compares today’s tensions in US-European relations to the struggle of the Eastern Roman Empire after the collapse of the Western Empire.
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TSMC in Arizona: geopolitics, technology and the future of semiconductors

TSMC in Arizona: geopolitics, technology and the future of semiconductors

Taiwan Semiconductor Manufacturing Company (TSMC) has embarked on a significant expansion in the United States, particularly in Arizona, to strengthen its advanced semiconductor manufacturing capabilities and establish a strategic presence in the U.S. technology sector. TSMC has announced a total investment of US$165 billion in the United States, a significant portion of which is earmarked
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Strong dollar – Weak dollar: a paradox

Strong dollar – Weak dollar: a paradox

The paradox of a strong dollar: the dollar lies at the center of the international monetary system. This grants the United States what was already described in the 1960s as an “exorbitant privilege” (B. Eichengreen): the ability to issue debt in a currency that the rest of the world wants to hold. However, this privilege has a
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The strategic illusion of quick victory

The strategic illusion of quick victory

In The Age of Forever Wars: Why Military Strategy No Longer Delivers Victory (Published on Foreign Affairs, April 14, 2025), Lawrence D. Freedman offers a sobering critique of contemporary military strategy, revealing its dangerous reliance on outdated assumptions about the nature and duration of modern warfare. Central to his argument is the persistent “short war fallacy”—the
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Winning without understanding: the rise of dark logic in AI

Winning without understanding: the rise of dark logic in AI

The term “dark logic” in this context seems to refer to the AI’s ability to derive effective strategies or solutions that are outside the realm of human reasoning, often leading to unexpected yet successful outcomes. We’ve entered a strange new era in which artificial intelligence doesn’t just imitate how we think—it begins to think in
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Who was selling U.S. treasury bonds?

Who was selling U.S. treasury bonds?

According to the Infranomics video analysis, it is difficult to determine with certainty who is selling U.S. Treasury securities. However, the author explores the possibility that China, Europe, and Japan are involved in such sales. His reasoning is based on an observed divergence between interest rate differentials and the strength of local currenciesduring the period in which the yield on the 10-year
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 U.S. legislation restricts Presidential authority to withdraw from NATO

 U.S. legislation restricts Presidential authority to withdraw from NATO

On July 12, 2023, the U.S. Congress introduced and advanced a bipartisan resolution—S.J. Res. 37—designed to prevent the President from unilaterally withdrawing the United States from the North Atlantic Treaty (NATO). According to the text of the resolution, the President may not suspend, terminate, denounce, or withdraw the U.S. from NATO without either the advice and
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Noah Smith: bond yields are rising, but the dollar is falling

Noah Smith: bond yields are rising, but the dollar is falling

In his latest piece, Noah Smith sounds the alarm: the U.S. may be experiencing capital flight — something usually seen in fragile economies. Investors are dumping U.S. bonds, selling dollars, and moving their money abroad. This is not normal. Bond yields are rising, but the dollar is falling and that’s not just a curious market quirk. It’s a rare and deeply
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Technical regulations as strategic tools

Technical regulations as strategic tools

Technical regulations as strategic tools In this piece, I build upon Andrea Fracasso’s insight, where he observes that “Some are suggesting a review of green economy regulations in the EU because of their impact on production costs. While it is necessary to consider the relevance of this phenomenon, it should be remembered that European technical
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On subsidies and on competition: what is a good company in 2025 ?

On subsidies and on competition: what is a good company in 2025 ?

In today’s tech-driven economy, success is increasingly measured by a company’s ability to craft compelling narratives that attract high valuations and continuous venture capital funding, rather than traditional metrics like profitability or dividends. Many leading U.S. companies have operated at a loss for years, relying on investments to dominate markets and outcompete rivals. A significant
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Bismuth (bismuth oxyselenide Bi2O2Se) and microelectronics: a strategic material with quiet origins

Bismuth (bismuth oxyselenide Bi2O2Se) and microelectronics: a strategic material with quiet origins

Bismuth is becoming increasingly important in the microelectronics sector, valued for its unique electrical, thermal, and environmental properties. What many don’t realize is that this metal is not typically mined on its own. Instead, it is recovered as a by-product of refining other metals—primarily lead, copper, tin, tungsten, molybdenum, and zinc. Silicon, the cornerstone of modern computing,
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A forceful and revisionist interpretation of the United States’ global role: a doctrine of burden sharing

A forceful and revisionist interpretation of the United States’ global role: a doctrine of burden sharing

CEA Chairman Steve Miran Hudson Institute Event Remarks The speech offers a forceful and revisionist interpretation of the United States’ global role, centered on the claim that America has long shouldered the burden of maintaining both international security and the financial infrastructure of the global economy—essentially providing the world with what economists call “global public
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A. Castagnoli, La guerra fredda economica. Italia e Stati Uniti 1947-1989 (The economic cold war. Italy and the United States 1947-1989), Laterza, Roma-Bari, 2015

A. Castagnoli, La guerra fredda economica. Italia e Stati Uniti 1947-1989 (The economic cold war. Italy and the United States 1947-1989),   Laterza, Roma-Bari, 2015

According to A. Castagnoli (La guerra fredda economica, Italia e Stati Uniti 1947-1989, Laterza, 2015) between 1947 and 1989, the United States deployed a broad arsenal of economic pressure tools—from conditional aid and trade barriers to embargoes, technology controls, and sanctions. These instruments served not only economic objectives but also the broader geopolitical strategy of
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USA and AI: Eliminating Barriers for Federal Artificial Intelligence Use and Procurement

USA and AI: Eliminating Barriers for Federal Artificial Intelligence Use and Procurement

The Trump administration has announced a major overhaul of the federal government’s approach to artificial intelligence, marking a decisive shift from the cautious approach of the previous administration. With two new directives – M-25-21 and M-25-22 – the White House is promoting an innovation-focused strategy aimed at strengthening US global leadership in AI and modernising
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On US Tariffs

On US Tariffs

General Framework On 20 January 2025, President Trump signed the America First Trade Policy memorandum, setting out a protectionist vision centered on tariffs as the primary trade tool. Key directives include: Tariffs and Key Measures Several waves of tariffs were quickly imposed: Legal Justification and Controversy The White House invoked the International Emergency Economic Powers Act (IEEPA, 1977) to justify these tariffs,
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On supply chains

On supply chains

Global supply chains today are shaped by tariffs, labor costs, geopolitical risks, and logistical complexity. While tariffs aim to protect domestic industries, consumers often bear the brunt. High U.S. production costs, especially in labor-intensive sectors, hinder competitiveness compared to countries like China and Mexico. The U.S. remains strong in low-labor, high-tech industries like jet engines, but mass manufacturing (e.g., smartphones) still favors offshoring. Supply chains for goods like toilet
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Paul Krugman and the Trump administration’s tariff plans.

Paul Krugman and the Trump administration’s tariff plans.

Paul Krugman has strongly criticised the Trump administration’s tariff plans, highlighting their serious and in some cases paradoxical economic implications. First, he stresses that the proposed tariffs are significantly higher than those imposed by the Smoot-Hawley Act of 1930, and points out that the US economy is now three times more open to international trade
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Understanding Trump’s tariff strategy: context, history, rationale, and goals

Understanding Trump’s tariff strategy: context, history, rationale, and goals

Donald Trump’s tariff policy is not an isolated or improvised move. According to his advisors, it marks the first stage of a broader strategy to reshape the global economic order, aiming to reverse American deindustrialization and reassert the United States as a manufacturing power. Trump’s approach starts with what has been labeled tariff chaos —
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Public debt: a central Issue in global finance

Here is a clear and structured English reformulation of the topic you outlined, emphasizing the centrality of public debt in today’s financial landscape: Public debt has become a defining feature of the global economic landscape, increasingly viewed not just as a policy tool, but as a structural dependency. Around the world, governments appear “addicted” to
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The Basic Laws of Human Stupidity

The Basic Laws of Human Stupidity

Carlo M. Cipolla, an Italian economic historian, introduced a compelling framework in his essay “The Basic Laws of Human Stupidity” to categorise human behaviour based on the impact of one’s actions on oneself and others. This framework is often visualised as a Cartesian plane that divides individuals into four distinct categories: 1. Intelligent (upper right
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Is this the end of international trade? Everything you always wanted to know about US tariffs (but were afraid to ask) by Andrea Fracasso

The tariffs imposed by the White House on the rest of the world are a shock of historic proportions. This, and the lack of clarity about the reasons behind them, has made the situation difficult to interpret. There are many bold statements and many unanswered questions. In this article, I will try to address the
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Chris Clayton, Matteo Maggiori and Jesse Schreger – A theory of economic coercion and fragmentation

Chris Clayton, Matteo Maggiori and Jesse Schreger – A theory of economic coercion and fragmentation

The paper explores the dynamics of economic coercion and fragmentation within the international economic system, highlighting how major powers, particularly the United States and China, leverage their economic dominance over smaller nations by exploiting dependencies on essential resources, technology, or global financial services. According to Clayton, Maggiori, and Schreger, traditional benefits of globalization—such as specialization and
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Albert O. Hirschman’s – National Power and the Structure of Foreign Trade 

Albert O. Hirschman’s – National Power and the Structure of Foreign Trade 

Albert O. Hirschman’s National Power and the Structure of Foreign Trade explores the relationship between international commerce and national power, investigating how trade relations can become tools of political pressure. Hirschman introduces the concept of trade asymmetry: two nations can both benefit from international trade, yet these gains are often unevenly distributed, creating relationships of dependency and influence
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