Japan’s recent diplomatic and business engagements with Russia are suggestive of a limited thaw in bilateral ties despite sanctions and the war in Ukraine. Concerns over energy security and stalled talks over the disputed Kuril Islands appear to be shaping Tokyo’s cautious engagement with Moscow. Japan sent a delegation to Russia from May 25th to … Read more
Canadian Prime Minister Mark Carney said Ottawa and Beijing are working toward a “more stable and constructive” relationship, signaling a continued effort by both countries to repair ties after years of diplomatic tensions, trade disputes and geopolitical friction. “Canada and China are building a more stable and constructive partnership,” Prime Minister Carney wrote on the … Read more
Finland will send Ukraine a new military assistance package valued at approximately €128 million ($138 million), its 33rd tranche of defence materiel since Russia’s full-scale invasion, the Finnish government said on May 29th. Details of the equipment, delivery schedule and methods remain undisclosed for security reasons, a standard practice in such transfers to avoid aiding … Read more
U.S. President Donald Trump is pushing for sweeping new automotive trade rules that would significantly tighten content requirements for vehicles manufactured under the U.S.-Mexico-Canada Agreement (USMCA), according to people familiar with the negotiations, as cited by Reuters in a recent report. The proposal, reportedly discussed during ongoing trade talks between the United States and Mexico … Read more
Russian President Vladimir Putin has signed a law forgiving up to 10 million roubles (or roughly US$ 140,000) in debt for new military recruits fighting in Ukraine, as the Kremlin intensifies efforts to sustain troop levels more than four years into the war. The decree, published by the Kremlin on May 25th, applies to Russian … Read more
Ukraine is in advanced discussions with the United States over a drone cooperation agreement that could give Washington access to Kyiv’s battlefield-tested military technologies and intellectual property, per the latest reports citing people familiar with the negotiations. The proposed arrangement marks a significant shift in the balance of defense innovation between the two allies, with … Read more
The U.S. Senate on Tuesday advanced a resolution aimed at limiting President Donald Trump’s authority to continue military operations against Iran without congressional approval, marking the first successful Senate effort to challenge the administration’s handling of the conflict. The procedural vote passed 50-47, with four Republicans joining most Democrats in support of the measure, reflecting … Read more
The Russian ruble has emerged as the world’s best-performing currency in recent weeks, buoyed by soaring oil revenues as geopolitical tensions in the Middle East pushed crude prices sharply higher, according to market data and reports cited by Bloomberg. The ruble has strengthened about 12% against the U.S. dollar since early April, reaching its strongest … Read more
Argentina’s government is touting early signs of success from its flagship investment incentive regime as President Javier Milei seeks to attract billions of dollars in foreign capital to revive an economy long plagued by inflation, currency instability, and chronic shortages of hard currency. Argentina’s government said investments tied to its flagship RIGI incentive regime have … Read more
Russia’s consumer economy is coming under growing strain as high wartime spending, sanctions-driven inflation and internet shutdowns linked to Ukrainian drone attacks pressure businesses, causing a sharp rise in business closures in 2026 due to high borrowing costs, weak consumer demand and rising operating costs. Data from a Russian business intelligence and due diligence platform, … Read more
