Sanctions
Sanctions package turns to shipping insurers
The measure moves enforcement away from cargo and toward the financial layer that makes movement possible.
Marguerite Adeyemi · London · 22 Aug · 7 min read
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Geopolitics
Alliances, competition and the architecture of power.
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DiplomacyOpinion
The quiet cost of strategic ambiguity
Deliberate vagueness once bought time. It now transfers risk to the states least able to price it.
Sofia Bergmann · Zurich · 22 Aug · 9 min read
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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 Geopolitics
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
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Circa
European security architecture
How a settlement written for one era became the subject of a live negotiation.
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The chip controls
Five years of export policy, and the supply chain it produced.
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Global AI regulation
From voluntary principles to disclosure thresholds, in four years.
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