The fall of the dollar, which has lost a fifth of its value against the euro since 2025, is the most tangible reflection of how money, through a series of shocks, has adapted to a worldthat of Donald Trumpwhere the old rules no longer apply. Conversely, the Republican's decision to nominate Kevin Warsh to chair the Fed is yet another sign that the White House regards Wall Street with respect.
The German military, or Bundeswehr, is pulling its reconnaissance team out of Greenland. Fifteen soldiers are reportedly leaving the Arctic island on a civilian flight to Copenhagen. The deployment was scheduled from the start to last only a few days, with troops withdrawing over the weekend. The team arrived Friday to assess conditions for possible NATO exercises. Their findings will be reviewed in the coming days, according to the operational command.
