The euro is getting a new mission. Finance leaders from the euro‑area want the single currency to play a larger part in global markets. They say that political moves, especially from the United States, are turning money into a weapon. The euro has already lost some ground to the U. S. dolla
In a bold move, Uruguay’s finance chief announced that the country will start issuing half of its government debt in its own currency, the peso. This change is part of a wider plan to reduce reliance on the U. S. dollar and shield the economy from foreign currency swings. Back in the early 2000s, a
Foreign Policy hosts a series of meetings that bring together experts from around the world. These events focus on the latest crises, trends, and political shifts that shape our planet. The goal is to give people a clear view of what’s happening and why it matters. The meetings are held during the
Footworks, a local shoe repair and orthotics shop that had been part of the community for almost five decades, is closing its doors. The business began in 1978 when Gary Lavoie and his wife Dorothy turned a tax refund into a new venture after their tree‑cutting company failed during a severe blizzar
City Hall has moved to pause a business that operates as a “sex dungeon” while officials decide how it fits into the city’s rules. The shutdown comes after a past case involving a woman who ran a high‑end brothel that attracted thousands of clients and earned over a million dollars. That woman, know
The mayor of Los Angeles, Karen Bass, has urged the chair of the 2028 Olympic planning committee to resign. She said this after documents from the U. S. Justice Department showed emails between the chair, Casey Wasserman, and Ghislaine Maxwell, a known sex trafficker. These messages date back
The state signed a partnership with the United Kingdom that promises almost a billion dollars for green projects, but many see it as another costly misstep. The agreement was announced by California’s governor and the UK’s energy minister, aiming to speed up climate action. Critics argue that
The conversation began at a global summit, where a former Canadian leader mentioned the term “new world order. ” That remark upset leaders in Washington and sparked tension with Canada, especially over trade issues. The same day, a well‑known investor stepped onto the stage in Munich and urged count
The Korean tire maker has just reported its best yearly sales ever, topping KRW 3. 19 trillion for 2025. That marks the first time it has crossed the KRW 3‑trillion mark, a milestone that follows its earlier breakthrough of KRW 2 trillion back in 2019. The jump shows the company is still expanding i
A federal jury in Austin decided that the Texas Department of Public Safety (DPS) had treated two black state troopers unfairly, awarding them almost $1. 7 million in damages. The case was brought by Jerald Sams and Jari McPherson, who said they were routinely overlooked for promotions, faced har
