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TRUMP TARIFFS AND EUROPE

Trump Escalates Pressure on Europe as Trade Deal Deadline Nears

July 4 Ultimatum Signals a More Confrontational Era for the Transatlantic Economy The fragile trade truce between the United States and the European Union is entering a volatile new phase after U.S. President Donald Trump warned that Europe faces “much higher” tariffs if it fails to ratify and implement a

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The Climate Tipping Point Few Are Talking About—Now Backed by New Science

U.S. Expands Strategy of Paying Developers to Scrap Offshore Wind

The United States has taken one of its most consequential steps yet in reshaping its energy policy. On Monday, the Interior Department confirmed that the Trump administration will pay energy companies hundreds of millions of dollars to abandon plans to build two offshore wind farms along the U.S. coast. The

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Canada sovereign wealth fun

Canada’s $18 Billion Bet on Itself

Canada has taken a decisive step into a financial arena long dominated by resource-rich states and strategic economies: the sovereign wealth fund. In a move that signals both economic recalibration and geopolitical intent, Mark Carney has unveiled the country’s first national investment vehicle, the “Canada Strong Fund,” seeded with approximately

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Iran's Hormuz Reopening Declaration Collapses Into Conditional Threat as Trump Holds U.S. Blockade

Iran’s Hormuz Reopening Declaration Collapses Into Conditional Threat as Trump Holds U.S. Blockade

The Strait of Hormuz, the world’s most consequential energy chokepoint, appeared to reopen—then immediately became conditional again—on Friday, underscoring how far the region remains from a durable settlement after seven weeks of conflict that have rattled global energy markets. Iran’s Foreign Minister, Abbas Araghchi, initially declared the strait fully open

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