“Today we talked about defense and security, but the United Kingdom and the European Union want to do more together,” Costa told reporters. “We are looking forward to having our institutional summit in the U.K. on 19 of May, and to engage with the United Kingdom, not only on a reset, but effectively in the…
“The main reason for the decision is that, according to the defense ministry’s assessment, the objective exchange of arguments is becoming increasingly difficult,” the ministry said in a statement announcing its exit from X. A number of other celebrities and institutions have already ditched X, but Scholz posted on the site on Tuesday and the…
China recently banned the export of the minerals gallium and germanium to the United States amid growing tensions between the two countries on trade. The minerals are of critical economic value because they are used in computer chips, in military technology such as night vision goggles, and in the renewable energy industry, where they are…
What’s New Beijing has issued a sharp rebuke after U.S. President Joe Biden on Monday signed the National Defense Authorization Act (NDAA) for Fiscal Year 2025, citing its “negative content on China.” Newsweek reached out to the U.S. Defense Ministry with a request for comment by email. Why It Matters Of the record $895 billion…
What’s New NATO’s military capabilities face significant risks from China’s near-total dominance in seven critical materials essential to defense technologies. Newsweek reached out to the Chinese Foreign Ministry and U.S. Department of Defense by email with a request for comment. Why It Matters Earlier this month, NATO‘s 32-member defense grouping published a report identifying “12…
People observe the changing of honor guards in front of Chiang Kai-shek Memorial Hall at the Liberty Square in Taipei, Taiwan in October. Photo by Ritchie B. Tongo/EPA-EFE Dec. 22 (UPI) — China has reacted angrily to the White House’s approval of $295 million in arms sales to Taiwan, according to a release Saturday from…
The US Navy has long held a missile-tube advantage over China. But China’s ships now have half as many vertical-launch-system cells as the US, research found. VLS capacity is important for naval combat, but it’s not everything. China is closing the missile-tube gap with the US Navy as the latter’s long-standing edge in vertical-launching-system cell…
Will the bull market continue into 2025? getty Happy New Year, all. My overall macro theme for 2024 was An Expansion of the Rally. The theme ultimately proved to be accurate, as the dominance of the Magnificent 7 stocks (Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Tesla and Meta Platforms) dissipated during the second half of the…
1 of 3 | More than 12,000 soldiers and hundreds of tanks, ballistic missile launchers, amphibious assault vehicles, drones, fighter jets, helicopters and other military equipment participate in a massive parade in Beijing (2015). A report released Wednesday says the Chinese Communist Party intends to add more nuclear arms to its growing arsenal while expanding…
This is Russia’s imperialist thinking laid bare: a belief in greatness that demands sacrifice, a messianic purpose untethered from reason and a chilling comfort with violence. No war crime is too heinous, no bomb too big for a system that knows nothing but oppression and subjugation. Many in Russia are even bizarrely convinced they’re liberating Ukraine…