How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
Hi, it’s Preston Fore, in for Allie. Earlier this month, defense tech firm Mach Industries raised $600 million…
Moody’s lowers growth outlook over heightened risk of conflict, ‘weakened institutions’
Credit rating agency Moody’s has lowered the growth forecast for Israel’s economy, citing concerns over heightened defense spending…
New Zealand budget spares defense, intelligence agencies from cuts
WELLINGTON, New Zealand — New Zealand’s Defence Force and intelligence agencies are on track to receive almost $4.3…
Gilts Slump in Anticipation of Burnham Challenge to Starmer
(Bloomberg) — UK government bonds tumbled after Manchester Mayor Andy Burnham secured a pathway to potentially challenge Keir…
Macron Says Would Be ‘Silly’ Not to Roll Over EU Covid-Era Debt
French President Emmanuel Macron said the European Union’s Covid-era debt should be rolled over and the bloc should…
The Iran War Is Another Reason to Quit Oil
And consumers have responded. In the first two weeks of the war, there has been a surge in…
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Jan 8 (Reuters) – Growth in the artificial intelligence and defense sectors will boost global copper demand 50%…
Japan’s Ruling Bloc Partner Warns Against Mixed-Message BOJ Hike
A Bank of Japan move to raise interest rates at a time when the government is calling on…
German Business Confidence Jumps to Highest Level Since 2022
German business confidence improved to its highest level since 2022 at the start of the fourth quarter, bolstering…
Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
Euro-Zone Business Activity Unexpectedly Hits Highest Since 2024
Business activity in the euro area unexpectedly reached its highest level since May 2024 as outperformance by Germany…
Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon
Long known for its massive scale and bureaucratic complexity, the Pentagon is slowly transforming itself into a more…