Europe is finally stepping up its defense game, but there's a big hurdle to overcome: getting military gear where it needs to go, fast. While many NATO members are boosting their defense budgets, the real test is mobility. Imagine trying to move troops and equipment across Europe quickly—it's not as
Europe's plan to back Ukraine with a massive financial boost is facing some serious hurdles. The idea was to use frozen Russian assets worth up to 210 billion euros to give Ukraine a strong hand in talks with Moscow. But getting all European countries on board has been tricky, especially with Hungar
Europe is trying to build a new fighter jet. It's called the Future Combat Air System (FCAS). Germany, France, and Spain are working together on this project. They plan to talk about it on December 11. The goal is to have this new jet ready by 2040. It will be worth 100 billion euros. That's a lot o
Euro stablecoins might seem small now, but they have huge potential. Right now, most stablecoins are tied to the US dollar, making up over 99% of the market. Euro stablecoins, on the other hand, are barely a blip at around $600 million. But don't let the small numbers fool you. The euro is the world
Europe is making a bold move in space. The European Space Agency (ESA) just got a massive budget boost. This is big news. The agency's member states agreed to a record-breaking budget of nearly 22. 1 billion Euros. This money will cover the next three years, from 2026 to 2028. It's a big jump from t
Japan's economy is showing signs of resilience. In the third quarter of the year, companies in Japan spent more on buildings and equipment. This spending went up by 2. 9% compared to the same time last year. This is good news because it shows that the economy is still strong, even with challenges li
Japan's finance chief, Satsuki Katayama, recently spoke out about the yen's sudden drop in value. She made it clear that this isn't just a normal market thing. It's not driven by the usual economic factors. Instead, it's more about quick, unpredictable moves in the foreign exchange market. On a Sun
Japan is making big financial moves. The country is planning to sell more short-term bonds. This is to support a huge spending plan led by Prime Minister Sanae Takaichi. It's the largest spending plan since Japan eased its pandemic rules. The government has approved extra funds. The total is 18. 3
Japan's top bond dealers are pushing for a change in the government's bond sales strategy. They want more short-term notes, like two-, five-, and ten-year bonds. At the same time, they're asking for fewer super-long bonds to be issued. This shift comes as Japan's longer-term bonds have been under p
Europe is leaning heavily on China for its green energy plans. A big step in this direction is a new battery factory in Spain. This factory is a joint project between Stellantis, a major car maker, and CATL, a Chinese company. The project is worth over 4 billion euros. The factory is being built in
