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Record Number of NATO Allies to Hit 2% Defense Spending Goal
NATO Secretary-General Jens Stoltenberg has announced that more NATO member states than originally expected were set to fulfill the 2% target of GDP defense spending this year. The NATO defense investment target was agreed upon in 2014. Across the alliance, all member states aside from Slovenia and Italy have upped their defense budget.
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Joining NATO Binds Countries to Defend Each Other – but This Commitment Is Not Set in Stone
At the root of debates over policy toward alliances such as NATO is the assumption that NATO requires its members to step in and help with defense if another member of the alliance is attacked, but it is important to understand that, in reality, alliance agreements are more flexible than people think. In practice, it is possible for the U.S. and other Western countries to stay out of a conflict that involves a NATO country without having to break their alliance commitments.
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New Study Reveals the Costs of Sanctions
What effect do economic sanctions have on the countries affected, such as Russia or Iran? Economic sanctions can be a double-edged sword. On the one hand, they usually reduce gross domestic product and thus prosperity in the affected countries, as intended. On the other hand, however, they can also have a severe impact on the economies of the sanctioning countries.
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Is China Exporting Its Political Model To The World? A New Report Says Yes.
Debate has raged for decades over whether Beijing is actively exporting its authoritarian system abroad, but a new report based on a trove of previously unexamined government documents shows how China is experimenting with spreading its model to other countries.
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China’s Control and Coercion in Critical Minerals
Markets for critical minerals are no longer shaping up to be the next components of the global economy to be dominated by China. They already are. While Western nations were sleeping, China built vertically integrated supply chains for several critical minerals vital to the energy transition and high technology applications, including defense equipment.
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The U.S. and China Need an AI Incidents Hotline
The United States and China have been talking about AI security, but Christian Ruhl writes that this is not enough. Given the rapid rate of progress of frontier AI research, “diplomats will need to be quick to come up with risk-mitigation measures if they want to be more than a talk shop. Moreover, these measures will need to be ‘future proof,’ meaning they can’t focus solely on current capabilities that will remain relevant for no more than a few months; risk mitigation needs to be flexible to respond to ever-more capable models.”
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Removing Cuba from List of Countries ‘Not Fully Cooperating’ Over Terrorism May Presage Wider Rapprochement – If Politics Allows
The U.S. State Department removed Cuba from its list of countries “not fully cooperating” with anti-terrorism efforts in mid-May 2024, but you would be forgiven for not noticing. Despite the low-key nature of the announcement, taking Cuba off the list is a big deal. The move is a potential step toward a rapprochement between Washington and Havana.
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Europe’s Migration Dilemma
Hundreds of thousands of migrants made the dangerous journey to Europe in 2023, fleeing war, poverty, and natural disasters. The increase in arrivals has fueled support for far-right political parties.
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Why Did the U.S. Open Up Banking to Cuba's Private Sector?
As Cuba faces a social and economic crisis, the United States has enabled more financial support for private businesses in the country in a boost to Internet-based services and financial services.
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U.S. Announces Measures to Help Over 11,000 Cuban Small Businesses
The administration unveiled regulatory changes to increase support for the Cuban people and independent private sector entrepreneurs. The changes will enable more U.S. financial support for small private businesses in Cuba, enhance internet-based services on the island and broaden access to financial services.
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Chinese Military Drills Test Taiwan’s Defense Readiness, Analysts Say
China wrapped up a two-day, large-scale military exercise Friday after its forces deployed 111 aircraft and 46 naval vessels to areas around Taiwan. Experts say the Chinese military simulated some scenarios that would be involved in a potential invasion of Taiwan during the exercise.
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Venezuela Travel Advisory
With the security situation in Venezuela continuing to deteriorate, the U.S. Department of State has issued a travel advisory which urges would be travelers to note Venezuela’s “to crime, civil unrest, kidnapping, and the arbitrary enforcement of local laws.” The advisory further urges people to “Reconsider travel due to wrongful detentions, terrorism, and poor health infrastructure” in Venezuela.
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China Conducts Military Drills Around Taiwan as “Punishment” for New Leader
China kicked off a two-day large-scale military exercise in the water and airspace around Taiwan on Thursday, emphasizing that it is “a strong punishment for the separatist acts of ‘Taiwan independence forces’” and “a stern warning” against provocation by external forces.
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Can Taiwan Defend Itself Against China?
Large-scale Chinese military drills near Taiwan are taking place just days after William Lai Ching-te, of Taiwan’s ruling Democratic Progressive Party (DPP), was sworn in as president of the island nation. Taiwan has expanded its asymmetric warfare capacity, which involves using smaller but highly effective weapons to make an invasion by a larger force prohibitively costly.
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Why Biden Wants to Block the Nippon-U.S. Steel Deal
A proposed Japanese takeover of U.S. Steel, a century-old icon of American industry, is facing domestic political pushback that could challenge the Biden administration’s foreign policy aims. Biden’s opposition to the deal risks undercutting his administration’s efforts to strengthen U.S. alliances and supply chains, experts say.
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