The global economy has been buzzing with developments — from geopolitical crackdowns in Europe to a wave of bold, and some say risky, deals in the artificial intelligence space. Meanwhile, in the U.S., a weakening dollar is creating winners and losers among major corporations. Here’s a breakdown of what’s making headlines this week. Europe Tightens the Screws on Russia European governments are moving to curb the movements of Russian diplomats amid fears of espionage and infiltration. The proposed restrictions — part of a new security package requiring unanimous EU approval — follow reports of suspected spy attacks and even arson attempts linked to Russian agents. The plan, if passed, would sharply limit travel for Russian officials across Europe, reflecting a tougher stance as tensions between Moscow and the West continue to simmer. OpenAI’s Big Spending Spree Raises Eyebrows OpenAI is on a deal-making rampage. The company has reportedly agreed to purchase tens of billions of doll...
Global Update: From Ukraine’s Defence Boost to Saudi Arabia’s Social Transformation Ukraine to Receive a Boost from the U.S. Ukraine is set to gain a major military boost as Washington steps up its support in the ongoing conflict with Russia. The U.S. has approved plans to send longer-range missiles and air-defence systems, significantly improving Ukraine’s ability to strike Russian targets and defend its territory. However, this move signals a deeper U.S. role in the war — something not without controversy. President Trump has reportedly resisted direct taxpayer funding for new aid packages, instead urging NATO allies to shoulder more of the financial and logistical burden. The new approach seeks to balance military support with domestic caution, as officials try to avoid fuelling further escalation with Moscow. The fresh wave of assistance marks a turning point in how Washington engages with the war: less about direct financing, more about strategic coordination — and ensuring th...