On July 21, European Council President Charles Michel sent out a one-word tweet that left few Europeans’ eyes dry and champagne corks popping as early as 5:30 in the morning. After months of tense clashes between EU members over the size and scope of a seven-year budget and COVID-19 recovery fund, Michel’s tweet, “Deal!” informed […]
Chinese corporate debt troubles. Two Chinese state-linked enterprises said Monday that they would not be able to meet upcoming onshore bond repayment obligations. Defaults...
Another vaccine candidate. On Monday, U.S. biotech firm Moderna announced that its COVID-19 vaccine candidate had shown 94.5 percent effectiveness in clinical trials, making...
The U.S. goes after Chinese finance. On Wednesday, U.S. President Donald Trump issued an executive order banning investment in more than 30 Chinese companies...
Russian reinforcements. Russia will deploy eight helicopters to monitor the cease-fire in Nagorno-Karabakh as part of its peacekeeping mission there. Meanwhile, Turkey insists that...
Background: Since September, Armenia and Azerbaijan have been engaged in the latest round of fighting over Nagorno-Karabakh. Russia, Turkey and Iran all have interests...
Chinese antitrust. On Tuesday, Chinese regulators published sweeping new antitrust rules targeting Chinese tech giants, the latest move in a slow-motion collision between the...