When World War II began in 1939, Canada had virtually no military-industrial base to speak of. But over the next six years, Canadian factories produced thousands of aircraft, hundreds of naval vessels, and more than 800,000 pieces of armored vehicles. A country with a population of just 11 million people transformed into a powerful military-industrial center.
President Donald Trump claims that the election of “socialist” Democrats will set the U.S. on a path toward becoming like Venezuela or Cuba. But Trump’s own actions—as is often the case with him—completely contradict his statements and everything his Republican Party supposedly stands for.
PHILADELPHIA—We at Vanguard expect U.S. GDP to grow by 3% in 2027. This estimate is significantly higher than other professional forecasts and assumes that demand for risky assets will remain strong.
FIEZOLE—In a short essay published nearly 40 years ago, French writer Emmanuel Carrère noted that alternative history (imaginary chronicles of what might have been) is driven by a strong sense of intolerance toward the inevitable.
On June 12, the U.S. government unexpectedly decided to restrict foreign companies’ access to Anthropic’s advanced artificial intelligence (AI) models.
Democratic political strategist James Carville is best known for coining the slogan of Bill Clinton’s successful 1992 presidential campaign: “It’s the economy, stupid.” This holds true for this November’s midterm elections as well, and President Donald Trump’s Republican Party appears to be headed for a crushing defeat.
Artificial intelligence is changing how we communicate, access information and work, how income and status are distributed, and even how we fight wars.
A partial opening of the Strait of Hormuz may be imminent. But has a long-term solution to the conflict in the region become more likely?
For several years now, a significant part of Chinese youth, disillusioned with their economic prospects, has been adhering to the principle of “lying down”, i.e. refusing in principle to engage in career competition (the notorious “rat race”).
The idea of a European defense union is gaining momentum across Europe. But as long as NATO continues to dominate European security, the prospect of an effective defense union of its own will remain elusive. To gain sovereignty in defense (and more generally), Europe must dissolve NATO – a prospect as unlikely as it is necessary.
Donald Trump has spent much of his second term as president of the United States proposing to erect monuments to himself: a 76-foot triumphal arch between the Lincoln Memorial and Arlington National Cemetery; a gilded, giant ballroom at the White House; a planned renovation of the Kennedy Center (renamed the Trump-Kennedy Center); and a broader effort to remake the Washington, D.C. landscape to suit his aesthetic preferences.
The visuals of this week’s summit between Donald Trump and Xi Jinping were carefully crafted to showcase the equality between the U.S. and China.
CAIR – A group of developing countries launched the Borrowers’ Platform on April 15 to create a stronger collective voice in debt management discussions and international financial negotiations.
PARIS – The war in Iran has caused a dramatic redistribution of global wealth.
PARIS/LOVELAND-The United Arab Emirates (UAE) announced in early April a plan to deliver half of its government services using agent-based artificial intelligence (AI) within the next two years. According to the plan, AI will play the role of an “executive partner” that “analyzes, decides, executes and improves in real time” without human intervention.
NEW YORK – As the economic consequences of U.S. President Donald Trump’s war against Iran become clear, policymakers around the world are losing patience. That became abundantly clear at the recent spring meetings of the International Monetary Fund and World Bank in Washington, D.C., where British Finance Minister Rachel Reeves bemoaned the “madness” of a war that is “not ours.”
SANTIAGO – For decades, global power has come from Europe and the United States. At least that’s what I thought when I first set foot in the Northern Hemisphere as a graduate student at Cambridge University. But the management of Chile’s international economic relations under former President Gabriel Boric has shown how much power the Global South can wield if it so chooses.
BERLIN – What will Europe be like without the U.S. military and political presence? Europeans had better start preparing for this prospect, because it is no longer in doubt that U.S. President Donald Trump wants to end the North Atlantic Alliance and is well on his way to achieving this goal. The only question that remains is whether he will officially withdraw from NATO or simply devastate it with his disdain and contempt.
Over the past 16 years, Hungarian Prime Minister Viktor Orban, the longest-serving head of government in the European Union, has taken all sorts of actions to tip the electoral scales in favor of his ruling Fidesz party. However, that party may well lose Sunday’s election, raising the question of next steps.
TEL AVIV – When news broke that the United States had agreed to a two-week truce with Iran, I immediately recalled an exchange described by U.S. Col. Harry Summers in 1982. “You’ve never beaten us on the battlefield,” Summers told a former North Vietnamese colonel. “Yes, but we won the war,” came the emphatic reply.
