NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

NATO Secretary General Jens Stoltenberg is proposing to establish a fund of allied contributions worth $100 billion over five years for Ukraine as part of a package for alliance leaders to sign off when they gather in Washington in July. Allies are still discussing Stoltenberg’s proposal and any mechanics of the accounting, including whether to … Read more

New report links secret Russian intel unit to ‘Havana Syndrome’ cases

New report links secret Russian intel unit to ‘Havana Syndrome’ cases

New report links secret Russian intel unit to ‘Havana Syndrome’ cases A new “60 Minutes” investigative report alleges a connection between “Havana Syndrome” and Russian intelligence. The US government has assessed it is unlikely a foreign adversary is responsible, according to US intelligence officials familiar with the assessment. The reporter who led the investigation, Christo … Read more

Romania and Bulgaria partially join Europe’s Schengen travel zone, but checks at land borders remain

Romania and Bulgaria partially join Europe’s Schengen travel zone, but checks at land borders remain

SOFIA, Bulgaria (AP) — Romania and Bulgaria partially joined Europe’s ID-check-free travel zone on Sunday, marking a new step in the two countries’ integration with the European Union. After years of negotiations to join the Schengen area, there is now free access for travelers arriving by air or sea from both countries. However, land border … Read more

Turkey Municipal Elections: Erdogan Set for Shock Defeat Against Main Opposition

Turkey Municipal Elections: Erdogan Set for Shock Defeat Against Main Opposition

Turkey’s Recep Tayyip Erdogan is facing a shock defeat at the ballot box against the main opposition party amid rampant inflation and the highest borrowing costs since the president swept to power more than two decades ago. Erdogan’s AK Party fell behind the main opposition Republican People’s Party, known as CHP, in Sunday’s municipal elections … Read more

France Threatens to Impose Authority on Defense Firms for Kyiv

France Threatens to Impose Authority on Defense Firms for Kyiv

France is putting pressure on its defense industry to accelerate production of equipment for Ukraine, with the government threatening to impose its authority on companies it believes are too slow. “For the first time, I’m not ruling out using what the law allows,” Defense Minister Sebastien Lecornu told reporters Tuesday. “This means, if there are … Read more

Orban Hit by Fresh Controversy After Ex-Insider Leaks Audio Tape

Orban Hit by Fresh Controversy After Ex-Insider Leaks Audio Tape

Hungarian Prime Minister Viktor Orban’s administration was forced to respond after an ex-cabinet minister was caught on tape alleging that the government’s most powerful minister had meddled in a graft probe. On the recording released Tuesday, former Justice Minister Judit Varga could be heard saying that aides of Antal Rogan, Orban’s chief of staff, had … Read more

Nintendo’s ‘Blockbuster Sale’ Kicks Off Today With 70% Off Select eShop Titles (Europe)

Nintendo’s ‘Blockbuster Sale’ Kicks Off Today With 70% Off Select eShop Titles (Europe)

Image: Zion Grassl / Nintendo Life Nintendo is back with yet another Switch eShop sale, offering some sweet savings to see in Spring in style. The Blockbuster Sale begins today (25th March) and will be bringing discounts of up to 70% to over 1,000 eShop delights until 7th April. This one is available only for … Read more

French Senate rejects EU-Canada free-trade agreement

French Senate rejects EU-Canada free-trade agreement

France’s Senate on Thursday overwhelmingly voted against a free-trade agreement between the EU and Canada thanks to an unusual alliance in the upper house between left and right wing opponents of French President Emmanuel Macron.  Issued on: 21/03/2024 – 17:07 1 min The Comprehensive Economic and Trade Agreement (CETA) has been in force provisionally since … Read more

US Backs $50 Billion Ukraine Bond Using Frozen Russia Assets

US Backs $50 Billion Ukraine Bond Using Frozen Russia Assets

The US proposed to its Group of Seven allies that they create a special purpose vehicle to issue at least $50 billion of bonds backed by the profits generated by frozen Russian sovereign assets and use the proceeds to support Ukraine, according to people familiar with the plan. The proposal would pool the $280 billion … Read more

The U.S. Market Is Too Hot. Money Is Flowing Into European Stocks.

The U.S. Market Is Too Hot. Money Is Flowing Into European Stocks.

With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue.  The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more