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Mexico Will Benefit From Washington’s Chip Focus

The United States is prioritizing the creation of a regional semiconductor production chain to give itself alternatives to Asian firms, especially those with ties to China. Even for the country that invented the semiconductor, this is a massive task. The manufacture of cutting-edge chips is incredibly expensive and complicated, and just a few companies around […]

Daily Memo: Russia’s Budget Deficit

Shortfall. Russia reported a 1.76 trillion-ruble ($25 billion) budget deficit in January, driven by plummeting energy revenue and a steep rise in expenses. Revenue...

Ukraine Heading to Another Showdown

I should say up front that I am not writing about Chinese balloons. Instead, I am writing about the situation in Ukraine, which is...

Daily Memo: Russian Revenue, Iranian Uranium

Bad news for Moscow. The executive director of the International Energy Agency said Russia’s oil and gas export revenues likely fell by 30 percent,...

Why Russia and Iran Need India’s Help

Last week, Iran’s central bank deputy governor said Iran and Russia had connected their bank messaging systems, a move that should bolster cooperation and...

Daily Memo: China’s ‘Surveillance Balloon,’ Israel and Sudan’s Peace Deal

Chinese surveillance? The U.S. is tracking a suspected Chinese spy balloon flying over the United States, Pentagon officials said on Thursday. The balloon, which is...

Daily Memo: US Access to Philippine Bases, More Interest Rate Hikes

Philippine bases. U.S. Defense Secretary Lloyd Austin and Philippine Defense Secretary Carlito Galvez announced during a joint news conference that Washington will be granted...

Rethinking Islamophobia

In recent years, there have been several incidents of Europeans depicting the Prophet Muhammad in cartoons or burning the Quran in acts that many...

Daily Memo: Arms Control on Ice

No New START. Russia’s refusal to meet with U.S. officials on the New START nuclear arms control treaty violates the agreement, according to a...

Pakistan’s Meltdown

Decades-old political economic problems in Pakistan are coming to a head. The South Asian nation needs billions of dollars in financial assistance to avoid...

Daily Memo: IMF Revises 2023 Forecast

Better outlook. The International Monetary Fund updated its global forecast for this year, projecting a slightly more optimistic outlook for the world economy. It...

On the Leaks of a War With China

Over the past few days, two senior U.S. officials – Gen. Mike Minihan, the head of the U.S. Air Force Mobility Command, and Michael...
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