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Welcome to the online edition of the “European Business Review (EBR)”, where journalists and distinguished guest-writers express their views and opinions on European affairs and Business issues with in-depth articles, analyses and commentaries.
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It looks like the world is entering a new nuclear arms race, now with three participants.

Is the world entering a new nuclear arms race?

The latest agreement, New Start, between Russia and the US on limiting nuclear arms expires. The US (3700) and Russia (4300) together have about 8.000 nuclear warheads. China stood around 600 last year, but according to the Stockholm International Peace Research Institute (SIPRI), China could have nearly as many intercontinental ballistic missiles as Russia and the US by 2030.

Various US presidents, including Theodore Roosevelt, deliberately demonstrated their strength toward Japan. John F. Kennedy’s naval blockade during the Cuban Missile Crisis in the 1960s, which famously brought the world to the brink of nuclear war while pushing Moscow to negotiate. In the 1980s, Ronald Reagan used aircraft carriers in the Gulf of Sidra to bomb Libya, but not a formal declaration of war.

Trump’s ‘Armada’ to Iran and the Return of Gunboat Diplomacy

US naval buildup in the Persian Gulf is putting pressure on the Ayatollahs, but it also raises the risk of military escalation, regional conflict, and dangerous miscalculation.

Apart from limited demining support, Baku has received little in the way of EU financial assistance for post-conflict recovery, including the rebuilding of its recovered territories, a process it has so far financed largely from its own budget at a cost of roughly €14 billion ($16.5 billion) since 2020.

EU Falls Behind in the South Caucasus Connectivity Race

The EU lacks leadership and strategic planning in the South Caucasus, while the United States is leading the charge. To secure its geopolitical interests, Brussels must invest in new connectivity for the region.

The American plutocrats support Europe’s autocrats so ardently because they hope that, following these proto-fascist parties‘ electoral victories, they will stand in the way of Europe sticking by its regulatory guns regarding the digital economy and digital media.

The True Meaning of “Civilizational Erasure”

Messrs. Vance, Musk and Thiel deliberately misdirect their claim of “civilizational erasure” solely on Europe. Their real goal is to distract from the universal challenges.

The CRM Act sets only non-binding targets by 2030, and these apply only to a small number of raw materials, regarded as ‘strategic’ due to their high economic importance and supply risks. It is also unclear how the levels to be reached by 2030 were determined.

EU "trapped in a vicious circle" on raw materials

The EU is having difficulties securing the supply of the raw materials it needs to meet its energy and climate goals. This is the conclusion of a new report by the European Court of Auditors (ECA).

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