US Warning Tests Ukraine’s Targeting Strategy in the Black Sea

US Warning Tests Ukraine’s Targeting Strategy in the Black Sea

The reported request to avoid non-Russian tankers highlights the operational and political risks of conducting a maritime interdiction campaign in waters used by Russian, Kazakh and Western commercial interests. The Trump administration has reportedly warned Ukraine against striking non-Russian shipments…

Temasek’s Defence Shift Brings Sovereign Capital into European Rearmament

Temasek’s Defence Shift Brings Sovereign Capital into European Rearmament

Singapore’s state investor is identifying European defence as an investment opportunity, illustrating how rising military budgets are changing the boundaries of institutional capital. Temasek has placed defence among the sectors in which it sees selective opportunities in Europe, marking a…