Deep Dive: The $1.5 Trillion Divorce from Multilateralism

Deep Dive

Inside China's Global Governance Playbook

What Beijing's new white paper reveals about its vision for the UN, multilateralism, trade, and the future of the global financial system.

By Olga Nesterova • 6 min read

Deep Dive

Europe Just Rewrote Its Deportation System

The EU approves offshore "return hubs", longer entry bans and bloc-wide deportation enforcement — marking one of the biggest shifts in European migration policy in decades.

By Olga Nesterova • 5 min read

Deep Dive

CUSMA, Explained: The Trade Deal Trump Built, Attacked, and May Now Put at Risk

A deep dive into CUSMA, the trade agreement that replaced NAFTA, why Trump is questioning its future, and what is at stake for North America.

By Olga Nesterova • 8 min read

Daily Brief

Middle East Brief: Hormuz Erupts Again as Washington Reopens the Iran War

The United States has launched a new wave of strikes against Iranian targets after three merchant ships were attacked near the Strait of Hormuz, reopening a conflict Washington had presented only weeks ago as moving toward a negotiated settlement. The strikes targeted Iranian air defense systems, maritime targeting infrastructure, and

By Olga Nesterova • 5 min read

Daily Brief

NATO Summit Day One: Trump Questions the Alliance as Allies Build Around Ukraine

The first day in Ankara has produced two sharply different visions of NATO: one focused on rebuilding the alliance to confront an increasingly coordinated group of adversaries, and another questioning why the United States should remain so deeply invested in European security at all.

By Olga Nesterova • 14 min read

Daily Brief

Pre-NATO Summit Brief: China Tests the Pacific, Russia Tests the Alliance

On the eve of the NATO summit in Ankara, the headline issue was supposed to be Ukraine. The first day of the summit is heavily built around Ukraine — from bilateral meetings, including Prime Minister Mark Carney’s meeting with President Volodymyr Zelenskyy, to foreign ministers’ discussions and broader allied coordination.

By Olga Nesterova • 4 min read

News

Treasury Launches Trump Accounts App as Billionaire-Backed Investment Program Goes Live

The U.S. Treasury has officially launched the Trump Accounts mobile app, allowing eligible families to open and manage federally administered investment accounts for children. According to Treasury, the app enables users to track account balances, monitor investment performance, make contributions, and access financial literacy resources. The accounts are designed

By Olga Nesterova • 2 min read

Editor's Note

Editor's Note | America 250

Two hundred and fifty years ago, America was founded on an idea. Not an idea of wealth. Not an idea of military strength. Not even an idea of geography. It was founded on the belief that free people could govern themselves. That power should never belong to one family or

By Olga Nesterova • 4 min read

Daily Brief

America Turns 250, Russia Strikes Kyiv, and Canada Deepens Its Indo-Pacific Push

Good evening. The United States is preparing to celebrate its 250th birthday this weekend with major events across Washington, New York and cities throughout the country. But the festivities are arriving alongside extreme heat, extensive security operations and — particularly in New York — an extraordinary concentration of major events. Here is

By Olga Nesterova • 11 min read