Energy
Storage auction clears well below forecast
Bids came in a third under the reference price, a result developers attribute to cell costs rather than subsidy.
Priya Ramanathan · Madrid · 21 Aug · 5 min read
CIRCAPOST
Climate
The transition, measured.
Latest
Policy
City heat plans shift from cooling to shade
Three municipalities have redirected budgets from air-conditioning subsidies to tree canopy and surface treatment.
Isabela Duarte · Bogotá · 15 Aug · 6 min read
Circa
The story behind the story.
How we got here
European security architecture
The current arrangement was assembled in stages rather than designed. Each stage solved the problem in front of it and left the next one to a future negotiation.
2024-04-02
Financing gap published
2025-11-19
Draft guarantees circulated
2026-08-20
Summit convenes
More from Climate
Diplomacy
Summit opens with security guarantees back on the table
Delegations from nineteen states arrived with competing drafts. What they agree on is narrower than the communiqué will suggest — and more consequential.
Marguerite Adeyemi · Geneva · 23 Aug · 9 min read
Rates
Central bank holds rates and signals a longer plateau
The decision was expected. The projection alongside it was not: policymakers now see restrictive settings persisting well into next year.
Daniel Okonkwo · New York · 23 Aug · 6 min read
Chips
New export rules redraw the semiconductor supply map
Three governments moved within a fortnight. Together the measures change where advanced chips can be designed, fabricated and sold.
Hana Sato · Tokyo · 23 Aug · 11 min read
Circa
Circa
European security architecture
How a settlement written for one era became the subject of a live negotiation.
5 events · Security · Europe
Circa
The chip controls
Five years of export policy, and the supply chain it produced.
5 events · Chips · AI
Circa
Global AI regulation
From voluntary principles to disclosure thresholds, in four years.
4 events · AI · Digital Policy