The World Bank's recent report argues that government intervention, when done right, can actually be an essential ingredient of economic success, reversing decades of opposition to industrial policy.
United States President Donald Trump launched the Board of Peace on Thursday, saying it's one of the most consequential bodies ever created in the history of the world. This is all part of the agreement to reach a ceasefire in Gaza after more than two years of Israel's genocidal war on Palestinians in the territory. Trump said the board will work in partnership with the United Nations to address crises far beyond Gaza.
Germany and Italy are deepening defense and economic cooperation with the leaders of the two countries signing an agreement in Rome. German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni agreed on closer cooperation in the production of drones, naval vessels, underwater systems and air and missile defense systems. The leaders are also looking to collaborate in the development of electronic warfare and aerial combat defense systems.
US Secretary of State Marco Rubio reassured a nervous Europe on Saturday that Washington wants to "revitalise" the transatlantic alliance. "We do not seek to separate, but to revitalise an old friendship and renew the greatest civilisation in human history," Rubio said. "What we want is a reinvigorated alliance." Rubio stressed that the US and Europe "belong together" and must act as partners to defend shared values.
The announcement of a "Comprehensive Strategic Partnership" between Brussels and Hanoi last week places the EU side by side with China, the United States, and Russia as one of Vietnam's top-tier diplomatic relationships. Vietnamese President Luong Cuong described it as a "historical milestone underlining the great achievements that the two sides have made," during a meeting with the head of the European Council, Antonio Costa, in Hanoi.
UN spokesperson Stephane Dujarric said on Monday that while the US ambassador, Mike Waltz, said last week that payments would begin within weeks, no further details had been offered. list of 3 itemsend of list We've seen the statements, and frankly, the secretary-general has been in touch for quite some time on this issue with Ambassador Waltz, Dujarric said during a news briefing.
Data has become the defining currency of global power. The nations and organizations that can manage, protect, and share it responsibly will shape the future of economic resilience and international cooperation. In an era where artificial intelligence and digital interdependence connect every market and mission, the ability to build and maintain trust in data is now a central pillar of both commerce and diplomacy.