Brussels — The European Parliament voted today to enshrine a 90 percent cut in net greenhouse gas emissions by 2040 into EU law. The decision sets the most ambitious intermediate climate target ever adopted by a major economy and hardens the EU’s path toward climate neutrality. The vote updates the
The era of Japanese political hesitation effectively ended on Sunday. Prime Minister Sanae Takaichi, capitalizing on her “Iron Lady” persona and a fractured opposition, steered the Liberal Democratic Party (LDP) to a landslide victory that defies recent trends of incumbent fatigue. Projected to secure a supermajority with coalition partner Ishin,
The race to become the next United Nations Secretary-General is taking shape, but it is far from settled. With António Guterres due to step down at the end of 2026, the contest is emerging as one of the most consequential leadership decisions in modern multilateral history. It is also still
The sharp fall in Bitcoin’s price this winter has triggered familiar market turmoil. But for the first time, the consequences are extending well beyond traders and crypto-native firms. Governments now sit on different sides of the same collapse, revealing a critical distinction in how Bitcoin has entered public balance sheets
Brussels, February 2026 — The European Union has done something climate markets have argued about for years but never quite resolved. It has written a rulebook for permanent carbon removals. This week, the European Commission adopted the EU’s first certification methodologies for what it defines as permanent carbon removal. The
The European Commission is deploying its financial heavy artillery early to prevent a political revolt against the next phase of the Green Deal. In a move designed to preempt social unrest and diplomatic friction, the European Investment Bank (EIB) announced it will “front load” €3 billion ($3.5 billion) to national
WASHINGTON – When Donald Trump announced Project Vault, a $12 billion plan to build a national stockpile of critical minerals, the move was framed as an industrial safeguard. In reality, it is something far larger. It is an admission that power in the new world order flows through supply chains,
The United Nations has issued its starkest warning in years: without an immediate influx of unpaid member contributions, the organization risks running out of operating cash within months, potentially forcing the shutdown of its New York headquarters by late summer. Senior UN officials confirmed this week that the institution’s finances
For years, governments and financial institutions have pledged to protect nature, halt biodiversity loss, and build resilience in the face of climate change. Yet a new global assessment makes clear that the world’s financial system continues to move in the opposite direction. According to insights from the State of Finance
The concern did not surface first in public statements or summit communiqués. It emerged quietly, in classified diplomatic cables exchanged among American officials and their allies, now obtained by Politico. Together, the documents offer a rare, unvarnished look at how Europe reacted as Greenland became a flashpoint in an increasingly
