Foreign Policy
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Supreme Court strikes down tariffs
2026-02-20The Supreme Court struck down U.S. President Donald Trump’s expansive and unprecedented use of Carter-era legislation to levy tariffs on the whole world. The court found that the 1977 International Emergency Economic Powers Act (IEEPA) does not grant the executive branch the authority to arrogate the powers of taxation from Congress.
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Will America strike Iran?
2026-02-20The U.S. has been sending aircraft carriers and support equipment to the Gulf, not expeditionary ground forces for an invasion. The United States would likely target top leaders in Iran along with the regime's repressive apparatuses. Iran could then expect more Western sanctions, which would intensify societal immiseration.
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Four years of war in Ukraine
2026-02-20The war against Ukraine has become a global geopolitical turning point, writes Andrew Kuchins. Russia is expanding production of drones and missiles while reorganizing its economy for sustained conflict, he says. Despite widespread portrayals as tiny and defenseless, the Baltic states are not passive, he writes.
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Trump’s Tariff Fight Isn’t Over Yet
2026-02-20The European Union has announced that lawmakers will convene an emergency meeting on Monday. Police reinforcements will be deployed to Lyon for this weekend’s planned rally for killed far-right activist Quentin Deranque. British police searched the home of Andrew Mountbatten-Windsor on Friday.
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Trump’s Economy, One Year Later
2026-02-20Next week, U.S. President Donald Trump will deliver the first State of the Union speech of his second term. Did economists accurately predict the effects of his tariffs? Could the Trump administration's corruption impair the economy?
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Can Europe Ever Thrive Again?
2026-02-20The fate of Europe has recently turned into something of a Rorschach test for Americans. For the Trump administration and its allies, the continent represents a bastion of liberal decadence in terminal decline. For many Americans, Brussels represents the world’s last hope for steady and rules-based global leadership.
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China’s Afghan Gold Rush Is Turning Deadly
2026-02-20Chinese nationals have been increasingly targeted by militants. Five Chinese miners and workers have been killed in Tajikistan. China has tried to rein in Chinese mining operations. China will not likely directly intervene to protect their nationals' interests.
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A Blockbuster Captures Japan’s Identity Crisis
2026-02-20Kokuho is a stunning period drama set in the world of Kabuki theater, based on a 2018 novel by Shuichi Yoshida. It follows Kikuo, heir to a Nagasaki yakuza clan, who loses everything after his father’s murder. ‘Left-Handed Girl’ offers a multifaceted view of women learning to live beyond shame.
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What a Gripping BBC Drama Gets Wrong About Tehran Prison Life
2026-02-20Nazanin Zaghari-Ratcliffe, the British Iranian mother held hostage in Iran for six years, pushes back against the cruel mind games of her captors. At the beginning of the four-part series, she is anguished and afraid, but now her eyes flash with steely resolve. Prisoner 951 is well-acted and thoughtfully shot.
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What Is Trump’s China Policy?
2026-02-20Kurt Campbell ran Asia policy for the Biden administration and served as deputy secretary of state. He argues that Trump’s approach to China was “full of contradictions” Campbell: “We haven’t seen a chief executive in the United States that, frankly, has this much latitude to make decisions about China”
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The ‘Discombobulator’ Arms Race Has Begun
2026-02-20The White House and the Pentagon have been boasting about an exotic arsenal of directed-energy weapons. The weapons could signal a new era of lethality in warfare. They follow the success of U.S. forces on Jan. 3 in penetrating Venezuelan air defenses.
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Epstein Links Threaten Norway’s Global Image
2026-02-20Crown Princess Mette-Marit is married to Crown Prince Haakon. She met Epstein some time in 2011, three years after he was convicted of soliciting prostitution. The exchanges are mortifying for the Norwegian royal family and for Norway as a whole.
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European-Scale Taxation, New York-Scale Dysfunction
2026-02-20Zohran Mamdani ran on a promise to make New York City affordable. This week, he unveiled a budget that is, in a word, unaffordable. New York has been fiscally profligate for so long that the headline number is little shock. Fareed Zakaria: Blue cities are out of control, promising more, spending more, delivering less. He says New York does not need more soaring rhetoric. It needs more homes, he says. The city should make it easy to build abundant market-rate housing.
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Marco Rubio’s Munich Speech Is More Dangerous Than You Think
2026-02-20Peter Bergen: Rubio strained to assert the survival of a common project between Europe and the U.S. Ruben Navarrette: Rubio was wrong on almost all the particulars of his speech in Munich. Howard W. French: Trump's view that Europe should erect high barriers to immigration conveys the opposite of self-confidence.
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In India, Lula Puts Middle-Power Diplomacy on Display
2026-02-20Brazil and India are hedging against instability and great-power competition. Brazilian President Luiz Inácio Lula da Silva is leading one of the largest-ever delegations to India. Future of the U.S.-Mexico-Canada Agreement will likely not be clear until at least July.
Politico
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As Trump’s tariffs are struck down, EU urges trade stability
2026-02-20The EU, U.K. and Canada react cautiously to the U.S. Supreme Court decision to strike down President Donald Trump’s sweeping tariffs. Agreements with India and Indonesia would be test cases under a new “accelerated procedure’ floated by the European Commission.
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EU’s €90B plan to fund Ukraine in jeopardy as Hungary blocks deal
2026-02-20The European Commission wants to invest money into border areas. But there won’t be any new funds from the EU’s current budget. Budapest is fuelling anti-Ukraine sentiment ahead of a key election.
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Paralympics’ Russia crisis grows as Ukraine vows ceremony boycott
2026-02-20Washington has deployed 2 aircraft carrier strike groups to the Middle East. The latest dispute comes amid growing tensions between Kyiv and global sports bodies. Spanish prosecutors will be tasked with determining if X, Meta and TikTok should be investigated for illegal AI-generated images.
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‘A grave error of judgement’: EU Parliament groups blast Commission for attending Trump’s Board of Peace
2026-02-20AI features on EU devices sent data to cloud, prompting the Parliament’s IT support to switch them off. The Commission insists it must be represented in Gaza talks and argues half of EU countries also attended.
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5 NATO allies agree to produce low-cost drones
2026-02-20Germany, France, Italy, Poland and Britain commit to a new initiative to produce drones within a year. The push by Washington, which also wants to scale down a peacekeeping operation in Kosovo, has become known internally as a "return to factory settings"
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Oddest moments from India’s AI summit: Missing stars, traffic chaos and robo-dog controversy
2026-02-20The latest dispute comes amid growing tensions between Kyiv and global sports bodies. Washington has deployed 2 aircraft carrier strike groups to the Middle East. Spanish prosecutors will be tasked with determining if X, Meta and TikTok should be investigated for illegal AI-generated images.
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World leaders hold their breath for Trump’s next tariff move
2026-02-20The EU, U.K. and Canada react cautiously to the U.S. Supreme Court decision to strike down President Donald Trump’s sweeping tariffs. Trade Minister Chris Bryant is heading to Paris next month to lobby France.
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Europe swaps climate rhetoric for energy security talk to defuse MAGA backlash
2026-02-19Donald Trump’s energy chief Chris Wright told other ministers in Paris that a net zero world was fantasy, officials familiar with the discussions said. U.S. anti-climate attacks at a meeting in Paris this week prompted a remarkable shift in tone from European countries.
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It’s time to convince Berlin on EU debt, says Greek central bank boss
2026-02-19The European Central Bank moved to quell speculation the president will quit. An early exit would provide the French leader with an opportunity. Yannis Stournaras tells POLITICO why eurobonds have now become essential.
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Boris Johnson lobbied Donald Trump to block UK’s Chagos Islands deal
2026-02-20The U.S. and Mauritius will hold talks in Port Louis next week. The former British prime minister raised concerns with the president in the lead up to Trump’s renewed attacks on the deal.
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Qatargate probe to continue after judges dismiss claims case was mishandled
2026-02-20AI features on EU devices sent data to cloud, prompting the Parliament’s IT support to switch them off. Now prosecutors can proceed with the investigation. The Commission insists it must be represented in Gaza talks and argues half of EU countries also attended.
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Swedish MP warns country to be less like Tottenham Hotspur
2026-02-20Across various sporting events, athletes from Russia and Belarus have had to compete as neutrals since the invasion of Ukraine. Former finance minister says Sweden is ‘Spursy’ because it has opportunities but gets no results.
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X challenges €120M EU fine
2026-02-20The fine was the first under the EU’s Digital Services Act and marked a point of no return in its sparring with Washington over the platform rules. Chancellor Friedrich Merz says he has ‘a lot of sympathy’ for a proposal to prohibit access for under-14s.
LRT
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Lithuania’s Micevičius to skip Paralympics opening ceremony
2026-02-20Lithuanian snowboarder Rapolas Micevičius will not attend the opening ceremony of the Milan-Cortina Paralympics. He joins other athletes boycotting the event over a decision to allow Russian and Belarusian competitors to take part under their national flags. The opening ceremony is scheduled for March 6.
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Vilnius tech firm NTLAB in legal battle with government over national security ruling
2026-02-20Vilnius-based technology company NTLAB has launched a legal challenge against the Lithuanian government after being declared a threat to national security. Supreme Administrative Court of Lithuania on February 11 upheld the company’s complaint, overturning a November 2025 decision by the Regional Administrative Court which had rejected the case.
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Lithuanian MP proposes social media ban for kids under 16
2026-02-20Conservative MP Daiva Ulbinaitė says 97% of minors use the internet daily. Nearly half of 13–17-year-olds check their phones constantly, she says. Under proposed law, platforms would be required to implement reliable, technology-based age-verification systems.
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Lithuanian interior minister bans rapper Gio Pika from entering country
2026-02-20Gio Pika, real name Georgy Dzhioev, will be banned from entering Lithuania until February 19, 2031. The decision follows a recommendation from the Foreign Minister Kęstutis Budrys and information provided by the Ministry of Foreign Affairs. The rapper will be added to the public blacklist on Friday.
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Do foreign firms get a smoother ride than local businesses in Lithuania?
2026-02-20Business leaders and investors say the previous government’s efforts to reduce bureaucracy have fallen short. Concerns persist that foreign investors enjoy more favourable conditions than domestic companies. Deputy Minister of the Economy and Innovation Valdemaras Urban says the aim now is to level the playing field.
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Lithuanian military intelligence warns of hostile state recruitment on social media
2026-02-20Lithuanian military intelligence warns hostile states are recruiting via social media. Recruiters offer payment in return for spreading messages that incite ethnic hatred. In one recent case, a person was asked to distribute leaflets bearing the foreign-language slogan “Vilnius is ours’.
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LRT English Newsletter: Happy fasting
2026-02-20Lithuanian Prime Minister Inga Ruginienė said she would boycott the upcoming Milan-Cortina Paralympic Games in protest of a decision to allow Russian and Belarusian athletes to compete under their national flags. The United States’ inconsistent messaging is also sowing divisions among Lithuanian Americans. Russian and Belarusian athletes were barred from competing under their national flags at the Olympic and Paralympic Games. However, the IOC lifted that ban this year despite the ongoing war. There are concerns that the IOC could take similar steps ahead of the 2028 Summer Olympics in Los Angeles.
Economist
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Donald Trump answers a Supreme Court rebuke with new tariff threats
2026-02-20 -
Should you be fibremaxxing?
2026-02-20 -
The Supreme Court tariffs ruling reins in Donald Trump
2026-02-20 -
Why Congress just isn’t any fun
2026-02-20 -
What to watch this week
2026-02-20 -
The arrest is history: Andrew Mountbatten-Windsor
2026-02-20 -
The US in Brief: Decision day at SCOTUS
2026-02-20 -
Donald Trump is reshaping American health care
2026-02-19
📊 VoxEU
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Creating high-opportunity neighbourhoods: Evidence from the HOPE VI programme
2026-02-21Children raised in high-opportunity neighbourhoods are more likely to attend college and earn more as adults. The HOPE VI programme invested $17 billion between 1993 and 2010 to replace 262 high-poverty public housing developments across the US.
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Repenser les régimes fiscaux existants pour les dons politiques et caritatifs
2026-02-21Au-delà du prix fiscal lui-même, la forme des incitations fiscales a également son importance. Cette conclusion relativise la littérature sur les programmes de remboursement par rapport aux programmes d'abondement. Professor in the Department of Economics at the University of Liège. Assistant Professor in Applied Microeconomics at the same university. Postdoctoral researcher at the HEC liège - School of Management.
FT Markets
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Nobody knows very much about where alpha comes from
2026-02-21 -
Britain lacks a Magnificent Seven, but at least it has a meme stock
2026-02-21 -
The haven asset status of US Treasuries is eroding
2026-02-21 -
US GDP growth falls sharply to 1.4% rate in fourth quarter
2026-02-21 -
Hedge fund Saba offers to buy stakes in Blue Owl funds at steep discount
2026-02-21 -
Investment company Tradable Private Equity to make first transaction on ‘Pisces’
2026-02-21 -
The giant void of nothingness where US financial regulation used to sit
2026-02-21 -
Tides of tax drive high earners to offshore bonds
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Should fund managers listen to ‘investor assemblies’?
2026-02-21 -
Email blunder exposes $90bn Russian oil smuggling ring
2026-02-21 -
Kwasi Kwarteng is focused, ‘orange pilled’ and ready to start bitcoinmaxxing
2026-02-21 -
How low can the dollar go?
2026-02-21
✍ Blogs
Paul Krugman
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IEEPA! IEEPA! IEEPA!
2026-02-20The Supreme Court ruled that Donald Trump's use of the International Emergency Economic Powers Act was a usurpation of taxation authority that belongs to Congress. The ruling was in fact scathing and said clearly that Trump’s use of IEEPA was a blatant violation of the Constitution. Trump announced he would immediately use another little-known legal route — Section 122 — to impose immediate 10 percent tariffs across the board.
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The Ultra-Rich Are Different from You and Me
2026-02-20On Wednesday the Wall Street Journal published an article with the headline “Billionaires’ low taxes are becoming a problem for the economy.” The article didn’t make a very compelling case for its ostensible point, that the growing concentration of wealth at the very top may lead to economic instability. On average, the ultra-rich pay a total tax rate of only 24 percent. That’s less than the average for the whole population, around 30 percent. Most of their success at tax-dodging presumably reflects tax avoidance rather than tax evasion.
Šeši Nuliai
Buliaus anatomija
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