Moldova’s pro-Russian autonomous regions have come under increased pressure as Moldova looks to gain EU membership. The loyalties of the Moldovan people are split between the West and Russia, owing to the country’s historical ties to the Soviet Union and its current leadership under President Maia Sandu, a former World
On June 12th, 2024, three Russian warships and one submarine arrived in Cuba possibly equipped with hyper-sonic missiles. The recent naval exercise in the Caribbean has renewed alarm about Russia’s increasingly robust navy, illustrated by the deployment of the feared Yasen-class submarine. Meanwhile, the American defence budget for FY24 notably
Scores of multinational Chinese corporations, in an attempt to minimize shipping costs and tariffs on their goods, have begun to ‘nearshore’ their production to Mexico. Nearshoring is the practice of sending factories and production sites to an external country where labor costs and tariffs are low. While this phenomenon has
Amidst a growing economic crisis and deadly flooding across Kenya, President William Ruto visited President Joe Biden in the United States in May. While President Ruto’s administration is bulldozing the homes of Nairobi residents in the middle of intense flooding, he is doubling down on his commitment to I.M.F. reforms
The Central American Bank for Economic Integration (CABEI) has issued a lawsuit against its former Executive President, Dante Mossi.The lawsuit alleges Mossi violated laws including those related to racketeering, breach of contract, market manipulation and fiduciary duty. CABEI’s goals in Central America are “to promote economic integration and balanced economic
Footage from the 2024 Lennart Meri Conference held in May in Tallinn, Estonia seems to reveal a new goalpost for the E.U. in regards to the Ukraine-Russia conflict. The former Estonian Prime Minister and incoming E.U. foreign policy chief Kaja Kallas spoke before the conference asserting that “Russia’s defeat is
Australia and China have had rocky relations in recent history, but a meeting between Australian Prime Minister Albanese and Chinese Premier Li Qiang is likely to reverse that trend. Coming off the coattails of former Prime Minister Morrison, PM Albanese has sought to re-establish strong trade relations with China rather
In mid-May 2024, Iran sent a military attache to Belarus. This event had not occured since the fall of the Soviet Union. This news comes within days of Iranian President Ebrahim Raisi’s unexpected death in a helicopter crash. President Putin is scheduled to make a visit to Belarusian President Alexander
A 2022 IMF loan to the Egyptian government has been increased from 3bn$ to 8bn$, with the disbursement of tranches conditional upon Egypt’s adherence to the IMF’s restructuring plan. The deal seeks to minimize the Egyptian government’s public sector spending and the role of the military in the economic sphere.
On April 17th, President Raisi of Iran called out Jordan, Saudi Arabia, and the UAE for cooperating with the U.S., France, and the U.K. in defense of Israel on Saturday in a coordinated effort that revealed the messy loyalties of the Middle East. Although signaling adamant opposition to the Israeli
In response to a naval base agreement between Ethiopia and Somaliland, Al Jazeera reports that Somalia has ordered the closing of its Ethiopian consulate, issuing a 72-hour notice for the Ethiopian ambassador to depart. Somalia has recalled its ambassador to Ethiopia. The agreement between Somalia and Ethiopia on January 1st,
