Leaders from the European Union’s 27 member states will meet in Brussels on Thursday to find ways to succour Ukraine and to rethink some of its own security arrangements. Europe is hastily adjusting its thinking on defence as American policy under President Donald Trump looks ever-less predictable. A plan will be presented for the EU to help member states borrow from a fund of €150 billion ($161 billion) to spend on defence, some of which would be used to boost Ukraine’s war effort. EU fiscal rules that constrain spending also look likely to be relaxed so that national governments can splurge up to 1.5% of GDP more on defence.
Tag: European Union
The Price of Europe’s Support for Ukraine
The war’s origins trace back to 2014 when Russia annexed Crimea following pro-EU protests in Kyiv, which led to conflict between Russian-backed separatists and Ukrainian forces in Donetsk and Luhansk. Tensions escalated in late 2021 as Russia massed troops near Ukraine’s borders, demanding security guarantees from NATO. When diplomatic efforts failed, Russia launched a full-scale invasion on February 24, 2022, citing security concerns and alleged persecution of Russian speakers. Initial assaults targeted Kyiv, but after failing to seize the capital, Russian forces withdrew in April, refocusing their offensive on eastern and southern Ukraine, where as of 2024, they occupy around 20% of Ukraine, having gained over 4,000 square kilometres.
An Independent Scotland and a United Ireland for the World
Ten years after the contemporary Scottish independence movement began, Scotland’s independence and the long-awaited reunification of Ireland have become historic certainty. Political figures made the startling announcement that Northern Ireland will soon join the Republic of Ireland and that Scotland will be recognised as an independent country. The British Isles, as well as the distribution of power and international relations worldwide, are now redefined by these two significant events, which have their roots in decades of cultural revival, political unrest, and revolutionary catalysts.
Justin Trudeau Resigns as Canada’s Prime Minister
On January 6th Justin Trudeau, Canada’s prime minister, announced his resignation. Over the past year he has became an isloated and deeply polarising figure as supporters have abondoned his Liberal Party, angry that it has failed to tackle inflation, housing costs and the strains from high immigration. In the coming weeks the Liberals will be gripped by a leadership struggle. Potential replacements include Mark Carney, who ran the Bank of England, and before that the Bank of Canada; Chrystia Freeland, whose surprise resignation as finance minister precipitated the crisis that forced Trudeau out; and Dominic Leblanc, who succeeded Freeland as finance minister.
African Economies will Flourish in 2025
In October the IMF described a “two-track growth pattern” in sub-Saharan Africa. On one track are most of the 23 countries with sizeable exports of non-renewable commodities such as oil, gold or diamonds. These include Angola, Nigeria and South Africa. As prices for their exports sagged, their GDPs per person have dropped in the past decade. Most resource-rich countries have also been focused more on dividing the spoils of the boom years than on using the proceeds to build resilient economies.
EU Ambitions in the Western Balkans
On Wednesday leaders from the six western Balkan countries hoping to join the European Union meet their counterparts from the bloc’s member states. They will discuss the EU’s “growth plan”, which aims to absorb the countries into individual aspects of the union, such as its single market, before they become full members. The region’s accession process began in 2003 but has generally slowed. Bulgaria, already an EU member, is blocking North Macedonia; Serbia’s dispute with Kosovo, its former province, hampers the accession of both; and Bosnia’s Serb leadership is more interested in destroying Bosnia-Herzegovina as a state than joining the EU.
A Nudge for Europe’s Economy
The European Union’s (EUs) economy is only about 1 percent bigger than it was a year ago. And inflation, at 2.3 percent in November, is close to the European Central Bank’s target of 2 percent. The prices of services across various member countries among EU have been rising by around 4 percent a year and there is sustained pressure from growing wages – the Netherlands, which has the most up-to-date figures, estimates these as rising at 6.5 percent.
Time for Europe: Forging a New Path Ahead
The US Elections are over and the victory is resoundingly for Donald Trump. Europe leaders are nervous about what it would mean for Europe, NATO and the war in Ukraine. European Union, the largest regional bloc, still doesn’t speak in one voice. French President Emmanuel Macron has been leading the charge in forging an independent Europe. Since the end of World War 2, Europe has been tangled with the US in all the ways possible which has created an atmosphere of dependence on the US.
How can China Respond to Trump’s New China Policy?
During his campaign, President-elect Donald Trump promised to impose 60% tariffs on Chinese goods and services coming to the United States. This time, Beijing seems already strategising to retaliate against the upcoming tariffs from the second Trump administration. Trump’s proposed tariffs on Chinese imports could disrupt China’s export-driven economic model, which has driven the country’s growth over the past few decades.
Total Annihilation of Health System in Gaza
Guns & Bullets, our popular briefing offering critical intelligence, analysis and news on current ongoing wars and conflicts around the world. In this issue, the cover story is “Total Annihilation of Health System in Gaza.”