27 January 2026

The Big Winner: China

Robert Kuttner

Trump’s bizarre threats to take Greenland by military force, now rescinded, added one more signal to America’s usual allies that the U.S. could no longer be trusted. One ironic result is closer economic relations between the rest of the world and China. This is far more consequential than whatever deterrent effect on China that might be achieved by more U.S. bases in Greenland.

Europe, especially Germany, was already moving in the direction of closer economic ties with China. In the wake of the Greenland debacle, there will be more trade deals and more investment, both by Europe in China and by China in Europe, increasing Europe’s dependence on Beijing.

Crossing The Red Line: What Is Trump’s Ultimate Strategy In Iran? – OpEd

Tim Donner

Massive demonstrations continue unabated across Iran, as untold thousands demand an end to the terror-ridden Islamist regime that has driven the once-prosperous country into the ditch. Ayatollah Khameini and the ruling mullahs have responded by imprisoning and murdering thousands in cold blood and shutting down access to the outside world. Khameini has reportedly retreated to a bunker, reminiscent of Adolf Hitler in his final days.

But through it all, the world’s number one sponsor of terrorism remains in place, at least for now. After protests rocked Iran in late December and were met with a violent crackdown by the regime, President Donald Trump said the United States is “locked and loaded,” promising Iranians that “HELP IS ON ITS WAY” and encouraging Iranians to “TAKE OVER” regime institutions. He stated that the United States would “come to their rescue” and later vowed that “if they start killing people like they have in the past, we will get involved. We’ll be hitting them very hard where it hurts.”

Oil, not cocaine, is Venezuela’s most dangerous drug

William S. Becker

So, the U.S. has seized Venezuela’s oil reserves. It looks like President Trump’s biggest deal ever — a hostile takeover. But should we celebrate it? Trump frames the takeover as an enormous opportunity for America’s oil companies, the American people and Venezuelans. In reality, he has doubled down on a dead-end energy policy fraught with profound and dangerous problems.

First, not all oil is black gold, and not all oil fields are bonanzas. Venezuela’s reserves are the world’s largest, but also some of the dirtiest. Their petroleum is tar-like and full of sulfur. It’s more difficult and expensive to extract and refine. Some would be processed on the U.S. Gulf Coast, where refineries are equipped to handle heavy oil. But oil refining is the 10th most toxic industry in the U.S. Refineries emit 188 types of harmful pollutants, some linked with cancer, pulmonary and heart diseases, and neurological, reproductive, developmental and immunological damage. Part of the Coast is already known as a sacrifice area called “cancer alley.”

Trump at Davos marked start of a new world era

Robert Dover

Donald Trump’s concern about the strategic positioning of Greenland is rational. But the way the US president has approached the issue is not – and could still rupture NATO and cause enduring harm to North Atlantic political and economic relations. The question for those attending the World Economic Forum in Davos all week has been how to respond to Trump’s ambition for the US to own Greenland by hook or by crook.

His speech on January 21 – which appeared to concede that the US will not take Greenland by force – and his subsequent claim of having negotiated what he referred to as a “framework agreement” with the Nato secretary-general, Mark Rutte, have at least given the assembled heads of state something to work with. But America’s allies are faced with a series of options. They could try to wait out the 1,093 days left in Trump’s term in the hope that nothing drastic happens. They could appease Trump by conceding to some of his demands.

The Time Has Come to Shutter the World Economic Forum

KATHARINA PISTOR

NEW YORK – This week, Canadian Prime Minister Mark Carney delivered a near-flawless speech about the past, present, and future of the current world order. It is a text that will almost certainly be cited by future historians. The only problem was the venue: the World Economic Forum’s annual gathering of the rich and powerful in Davos, Switzerland.

The WEF was founded in 1971 by Klaus Schwab, who wanted to change the world by bringing together business, political, academic, “and other leaders of society” – a mission statement embraced by countless nonprofit organizations. But always absent from the list was society: all those who populate the countries, work in the companies, or sit in the classrooms of leaders who find it easier to talk to one another than to listen to ordinary people. Attending the WEF is not cheap. In addition to annual membership and partnership fees of CHF60,000-600,000 ($62,000-622,000), members pay around $27,000 for every delegate they send to Davos. Invited guests with less financial means – many of them drawn from academia – may get a free ride, but that is only because they are there to offer entertainment for the moments when the other attendees are not busy meeting in back offices away from the buzz. (I am speaking from experience as a one-time guest.)

Trump may move on from Greenland. Europe won’t.

Jörn Fleck and James Batchik 

WASHINGTON—Relief and exasperation may have been the initial reactions across European capitals as US President Donald Trump folded the cards on his Greenland gamble from Davos on Wednesday. NATO Secretary General Mark Rutte excelled once again as the unrivaled Trump whisperer, helped by a combination of financial market jitters and an unexpectedly united Europe holding its ground. Rutte’s framework deal with Trump, however scarce the details, seemed to vindicate those arguing for Europe to “engage, not escalate” with the US president.

But a day after the news of the Arctic deal from the Alps, the mood among European policymakers is shifting away from mere relief. It was Trump who threatened to remember if he didn’t get his way on Greenland, but it is the Europeans who will remember this dispute even as Trump moves on. Few are celebrating the de-escalation because of how pointless and reckless they view this latest test of the Alliance’s credibility and cohesion. And because they know it’s likely only a temporary reprieve and hardly the last transatlantic crisis they can expect from this US administration. As a result, a quiet yet dogged determination is emerging to strengthen Europe’s ability to withstand US pressure in any future scenarios brought on by a US president who is seen as unpredictable, if not erratic. In a sign of the impression the last few days and weeks have left, European Union (EU) leaders still met at a special summit in Brussels on Thursday despite the immediate issue having been defused.

The Arctic is a Strategic Distraction

T.X. Hammes

Over the past five years, numerous articles have called for increased U.S. defense resources focused on the Arctic. This is a strategic mistake, a distraction. This article will outline the reasons proponents feel the high north has increased value, examine the actual strategic value of each, and show that none is sufficient to divert scarce resources from higher value theaters. Strategy should serve as an appetite suppressant to keep the nation from committing to peripheral missions at the expense of critical ones.1

The 2024 Department of Defense (DOD) Arctic Strategy was justifiably “prudent and measured,” limiting DOD actions to enhancing domain awareness, communications, intelligence, surveillance, and reconnaissance capabilities. It planned to work with Allies and partners to uphold deterrence and homeland defense.2 The 2025 U.S. National Security Strategy did not mention the Arctic.3 In contrast, proponents agitate for the United States to dedicate increased defense assets to maintain access to its vast natural resources, exploit the increased economic and shipping opportunities, and provide for national defense.

Russia-China Natural Gas Trade – Analysis

Michael Ratner, Michael D. Sutherland, and Cory Welt

The Russian Federation (Russia) is a major energy exporter, while the People’s Republic of China (PRC) is the world’s leading consumer and importer of energy. Expanding China’s access to Russian natural gas has become an important priority in Russia-PRC relations as China’s need for energy grows and Russia looks to diversify export markets in response to Western sanctions. Unlike oil supplies, which the global market reallocates quickly, natural gas is mainly consumed in the country or region where it is produced because most gas is transported by pipeline. However, increasing volumes of natural gas are being liquefied and moved by ships to foreign markets, which provides greater flexibility. Russian natural gas used to be primarily exported to Europe, but since Russia’s initial invasion of Ukraine in 2014, increasing amounts of Russian natural gas have gone to China, both as liquefied natural gas (LNG) and via new pipeline infrastructure.

Especially since 2022, when Russia launched its full-scale invasion of Ukraine, the executive branch and Congress have sought to monitor and respond to Russia and China’s deepening military and economic relationship (see, for example, §§1273 and 5143, respectively, of the FY2026 National Defense Authorization Act and Department of State Authorization Act; P.L. 119-60, Divisions A and E). The United States and the European Union (EU) have also sought to slow down the development of Russia’s natural gas sector, including Russian exports to China, through the imposition of sanctions. Some Members of the 119th Congress have introduced legislation that would, among other measures, expand U.S. sanctions on Russia’s global natural gas trade (S. 1241/H.R. 2548, S. 2904, S. 3513, H.R. 6856).

Venezuela’s Oil: Evolution, Scenarios And International Repercussions – Analysis

Gonzalo Escribano

The US intervention in Venezuela and the capture of its President, Nicolás Maduro, leaves an uncertain political landscape that will largely determine the country’s oil future and, with it, its economic and social prospects. President Trump’s rejection of a rapid transition to an opposition government based on the results of the 2024 presidential elections and his insistence on controlling the country’s oil have raised many questions about Venezuela’s political future and the possible mechanisms for controlling its resources. This uncertainty is projected onto an oil sector ravaged by nearly three decades of energy nationalism, mismanagement and corruption under Chavismo, aggravated by US sanctions over the past decade.

This paper first outlines the evolution of Venezuela’s oil production, the energy nationalism policies adopted by Chavismo and the US sanctions and oil blockade. Secondly, it explores three basic scenarios for Venezuelan oil: a democratically legitimate government open to all foreign investors; an exclusive realignment with the US that erodes the country’s energy sovereignty; and a power vacuum that prevents oil sector reform and its credibility in the medium and long term. Finally, it outlines the main international repercussions of these scenarios on the oil market, some of Chavismo’s traditional allies and several US partners, including the EU.

How Could Europe Respond to Future U.S. Threats to Greenland?

Federico Steinberg, Emily Benson, and Nicholas Fenton

The global economy started 2026 growing at a healthy pace, with stock markets at historic highs, and the paradox that the enormous level of geopolitical uncertainty does not seem to be affecting either growth or investor appetite. The global economy is therefore proving much more resilient to geopolitical shocks than could have been expected just a few years ago. But the question is, how long can this momentum continue?

At the moment, one of the points of tension is Greenland, which remains the target of annexation by the United States. In fact, after President Trump repeated that he would like to “own” Greenland, the U.S. stock market and the U.S. dollar fell, gold prices—considered as the ultimate “safe haven”—increased, and the cost of servicing U.S. debt went up. For now, U.S. President Donald Trump appears to be walking back his threats of kinetic action against Greenland, along with associated U.S. tariffs against the territory’s defenders, but given the administration’s frequent policy pivots, Copenhagen and Nuuk will likely remain on alert.

Canada and the European Union: Two New Wins for Chinese Exports in the West

Ilaria Mazzocco

Last week was full of surprises for trade disputes between China and U.S. allies in what has become a highly controversial sector in recent years: electric vehicles (EVs). Both Canada and the European Union appear to have reached agreements with China that would allow for more Chinese-made EVs to enter their markets. The United States should take note. Both the European Union and Canada were converging with the United States on their approach toward Chinese industrial policy, overcapacity, and trade disputes, but these deals suggest more willingness to engage with China on commercial matters, despite the country’s record exports (see Figure 1). Indeed, at a time when Washington is increasingly focused on technological competition with China, it appears as though some close allies may be considering a more diversified approach to technological stacks—one which may include some reliance and cooperation with China. Although derisking may still be a priority for Brussels and Ottawa in some specific sectors, neither government is espousing a broad strategy to isolate China at the moment.

There are big differences between Canada and the European Union and their respective relationships with China. Moreover, the breakthroughs of this week don’t address the structural issues that have raised tensions between China and many of its trading partners in recent years. However, taken together, the developments are significant because of the signal they send. One reasonable conclusion is that Western countries are still interested in Chinese technology and are mainly focused on reducing the volume or price competition rather than blocking trade altogether. A key background element in both cases is Chinese investments, which governments in Europe and Canada hope may boost domestic employment and innovation through potential technology transfers. Indeed, in the case of Europe, the investments already exist, and the debate has already shifted to how to manage and ensure that Chinese manufacturing can benefit long-term competitiveness and innovation goals. In other words, European and Canadian leaders believe that there are economic benefits to maintaining some trade and allowing some investment from China.

When to Use (and Not Use) “As a Service” for Government Space Requirements

Clayton Swope

Today, government leaders and policymakers emphasize the importance of unlocking private sector innovation, improving the government’s access to new ideas, and modernizing how the government buys and maintains cutting-edge capabilities. Instead of buying a device, piece of equipment, or system from a company, which the government then owns and operates using government personnel, the government is increasingly turning to “as-a-service” models for acquiring certain capabilities from the private sector. This trend is particularly pronounced in space, as government agencies that buy and use space capabilities—like the National Aeronautics and Space Administration (NASA), the Department of Defense (DOD), and the intelligence community, among others—seek to use space startups and innovative space companies to help them accomplish their missions.

To date, however, there is no policy guidance that can be applied across federal agencies to help officials choose between an as-a-service model or a traditional model—where the government owns and operates a system—for carrying out space missions and functions. This choice shapes the acquisition process but is more than an acquisition issue. The decision is essentially between different operating models: (1) government-owned, government-operated; (2) government-owned, contractor-operated; (3) contractor-owned, government-operated; or (4) contractor-owned, contractor-operated. Three of these models—government-owned, contractor-operated; contractor-owned, government-operated; and contractor-owned, contractor-operated—involve buying all or part of a function as a service and are all flavors of an as-a-service model. Existing policies aimed at maximizing the use of commercial solutions generally—and for use in space missions specifically, such as the executive order to ensure U.S. space superiority issued on December 18, 2025—do not provide guidance for operating model selection because commercial solutions can be used as part of any operating model. The specific meaning of the commercial label has also blurred, leading to a lack of clarity on what is specifically meant by the commercial designation.

Kremlin Using Passportization to Russify Ukraine’s Occupied Territories

Maksym Beznosiuk

On January 20, new exit and entry regulations from the Russian Ministry of Foreign Affairs came into force, removing birth certificates from the list of valid travel documents for children under the age of 14 in the Russian-occupied territories of Ukraine (Russian Ministry of Foreign Affairs, November 7, 2025; The Federal Security Service Border Service, accessed January 22). As a result, minors in territories under the Kremlin’s control, including Crimea and other occupied parts of Ukraine, may legally cross borders only if they hold Russian passport documentation. While the rules are formally document-based rather than destination-specific, they eliminate the last non-passport exit option for Ukrainian children under Russian occupation. These measures operationalize amendments adopted earlier in July 2025, when the Kremlin introduced Federal Law No. 257-FZ (President of Russia, July 23, 2025). These changes extend forced passportization to Ukrainian children, further restricting civilian mobility and tightening the Kremlin’s administrative grip over the occupied territories of Ukraine.

On September 10, 2025, the Kremlin formally concluded its forced passportization campaign—the mass, fast-track naturalization of a territory’s population by distributing passports—in the occupied Ukrainian territories. In March 2025, Russian President Vladimir Putin announced that all residents of the occupied regions would be required to become passport-holding citizens of Russia to “settle their legal status” (Meduza, October 22, 2025). Ukrainians who do not have a Russian passport face deportation and loss of access to essential services. Residents of the occupied territories who did not obtain a Russian passport through the expedited system in place before September 2025 now face a long-term application process that can take several years (Suspilne, September 13, 2025).

America Revived: A Grand Strategy of Resolute Global Leadership

Robert D. Blackwill

The United States faces the most dangerous international circumstances since the end of World War II, and perhaps in its history. An ever more formidable, authoritarian China remains determined to replace the United States as the leading nation in Asia and eventually the world. The need for an effective U.S. grand strategy to deal with that threat, among others, is accordingly urgent. Grand strategy refers to a nation’s collective deployment of all its relevant instruments of power to accomplish key strategic goals. Given the United States’ longtime material, institutional, and ideational strengths, American grand strategy involves projecting its great power for the survival of world order. To that end, sustaining prosperity, which derives substantially from the United States’ dominance in technological innovation, becomes the economic precondition for protecting its own homeland, the homelands of its allies, and its diverse national interests. It can achieve those goals through both military and non-military methods, but force is acceptable only if it represents an inescapable choice to protect vital national interests. Promoting democracy is never such an inescapable choice.

This report analyzes five alternative schools of American grand strategy and then proposes a sixth school, resolute global leadership. The primacy school of grand strategy, which includes neoconservatism, asserts that the United States must remain the world’s unrivaled superpower in every region and, toward that end, prevent the reemergence of a peer competitor. The liberal internationalist school envisions a U.S.-led, open, rules-based world order that champions the rule of law, liberal democracy, and human rights, and accepts using military force as a last resort to safeguard U.S. vital national interests. The restraint school, often associated with realism and offshore balancing and scarred by recent unsuccessful wars, seeks to slash American global commitments and argues that U.S. military intervention is almost always ill-advised. The American nationalist school insists that the United States should concentrate its attention and strength on the Western Hemisphere, that previous presidents have foolishly agreed to trade and security agreements that hollowed out the nation’s economy, and that only U.S. power, not alliances and global organizations, guarantees enduring benefits for the United States. And Trumpism, a version of American nationalism that depends on the personal preferences of President Donald Trump, radically redefines U.S. vital national interests to emphasize bilateral and transactional trade relationships, business deals, and quick diplomatic successes over geopolitical considerations—without collaboration with traditional U.S. allies or fidelity to core American values, including human rights.

How Israel moved its 'yellow line' deeper into a shattered Gaza City neighbourhood

Dawoud Abu Alkas, Catherine Cartier, Edward Carron and Rami Ayyub

GAZA, Jan 22 (Reuters) - As Israel moved the blocks marking its armistice line with Hamas deeper into one Gaza neighbourhood in December, it destroyed dozens of buildings and displaced Palestinians in violation of a U.S.-backed ceasefire deal, according to satellite imagery reviewed by Reuters and resident testimony. In areas across Gaza, Israel has placed the concrete blocks meant to demarcate its "Yellow Line" dozens or sometimes hundreds of metres inside Hamas-controlled territory, and its military has built up at least six fortifications to station troops, the satellite imagery shows.


The imagery depicts how Israel has unilaterally shifted its line of control in Gaza -- and cordoned off more land where Palestinians could live -- even as President Donald Trump presses ahead with a ceasefire plan that calls for further Israeli troop withdrawals. Nowhere is Israel's widening zone of control more stark than in Al-Tuffah, once a historic quarter of Gaza City but now a wasteland of destroyed buildings and mangled metal following two years of Israeli bombardment. Thousands of Palestinians took shelter in Al-Tuffah after the October ceasefire, which was meant to see Israeli troops retreat to a yellow line marked on military maps that runs nearly the full length of Gaza and hugs the neighbourhood's eastern edge.

Order in Orbit Operationalizing an International Space Traffic Management Organization

Anca Agachi, Bruce McClintock, Ryan J. Bain, Mélusine Lebret, Thomas Van Bibber, AaSHAE Eberle

Since the publication of a 2023 RAND report on space traffic management (STM), there has been little progress in establishing an implementation pathway for an international space traffic management (ISTM) system. Yet the need for progress has never been more pressing. The divergence between rapidly evolving operational realities and slowly adapting governance frameworks creates significant risks for space sustainability. The resulting fragmentation of traffic data and standards presents a significant challenge for achieving an ISTM system.

In this new report, the authors operationalize the initial findings and recommendations from earlier research and provide a roadmap for moving from a decentralized context to a common ISTM system, specifically an international space traffic management organization (ISTMO). They identify regional stakeholders in North America, Europe, and the Indo-Pacific; map regional commonalities and differences among those regions' STM policies, practices, and perspectives; determine the key issues for initial deliberations of an ISTMO; and evaluate perspectives about the funding and staffing structures of a potential ISTMO.

Artificial Intelligence and a Reconfiguration of Military Power

Elise Annett and Dr. James Giordano

Under Secretary of War for Research and Engineering Emil Michael has emphasized that the Department of War (DoW) has historically under-deployed artificial intelligence (AI) and that the current moment demands rapid, enterprise-wide integration of AI capabilities across the DoW workforce to better support both efficiency and warfighting functions. Recent developments such as the Department of War’s 2026 Artificial Intelligence Strategy and the planned integration of commercial large-language models like Grok across classified and unclassified DoW networks, reflect Under Secretary Michael’s incentivization, and illustrate ongoing commitments to rapid AI adoption and technological primacy.

We believe that this initiative, announced by Secretary of War Pete Hegseth at SpaceX, signifies a reconfiguration of decision-making authority, informational control, and strategic agency within the conduct of war. AI is becoming a constitutive element through which operational knowledge is acquired, filtered, and acted upon. As such, AI reshapes both how force is applied and how tactical engagement and strategic judgment are structured and enacted.

Stop Hunting Unicorns: Why the Department of War must design for what we can actually build.

Greg Little and Aaron Jaffe

A few years ago, one of us sat in a conference room late in the afternoon as a major weapon system program team debated a marginal performance improvement. Single-digit percentages. Decimal places. Over hours of discussion, what no one talked about was how many of these systems could be built, how fast they could be replaced, or whether the parts could be sustained at scale. That meeting captures a pattern the Department of War knows too well: we design the ideal weapon first and only later ask whether the country can actually produce it in the quantities a prolonged fight would demand.

This is why Secretary of War Pete Hegseth’s recent acquisition transformation announcement matters. His focus on speed and scale, on shifting the department to a wartime footing, and on breaking a culture that rewards compliance over execution points us in the right direction. It acknowledges something fundamental: capability delivered late—or in boutique quantities—is not capability at all. But if we really want speed and scale, acquisition reform alone isn’t enough. The deeper problem isn’t how we buy weapons. It’s how we design them and coordinate their production.

From Unicorns to Warhorses: a solution to a well-appreciated problem?

CDR Salamander

Those who are selling a short, fast, and successful war are selling a lie. It seems every generation thinks they have found a way to fix the problem. Over and over, from Europe in 1939 to Europe again in 2022, the quick and successful war that was briefed devolved into a consuming slog. You can win a consuming slog, but you have to be able to mobilize and industrialize your way through it—and you need to start doing that years before the war starts.

The fleet that showed up in 1943 did not start in 1941—it began in 1936, 1938, and 1940. A decade and a half after President Obama’s “Pacific Pivot”, we still talk a big game about being ready for the next Great Pacific War west of the International Date Line. We’ve had our slap fights through various copes like “Deterrence by Denial” v. “Deterrence by Punishment”, etc.

Theater Army Planning Questions for Joint All-Domain and Multi-Domain Operations

Chad Pillai

As the former Chief of Plans, G-5 for U.S. Army Europe and Africa, I spent considerable time thinking about how to integrate Joint All-Domain Operations (JADO) / Multi-Domain Operations (MDO) into the Theater Army planning process.

Here are the MDO questions I asked my operational planning team (OPT) during the military decision-making process (MDMP) at the Theater Army level, designed to inform operational and resourcing risks and opportunities. Many of these questions are tied to the Army’s Support to Other Services (ASOS) and Executive Agent (EA) responsibilities that require more deliberate thinking to inform the Geographic Combatant Command (GCC), Joint Component Commands, and provide specificity to Headquarters, Department of the Army (HQDA) on Army resourcing and capabilities needed to accomplish the Theater Army’s mission. I believe these are important questions because they illustrate the unique role the Theater Army plays that Army Corps and Division headquarters generally do not face. The following questions were framed as a Theater Army serving as a combined and joint land force component command (CJFLCC).

26 January 2026

ALLFARE: CHINA’S WHOLE-OF-NATION STRATEGY

Michael Margolius 

Current paradigms of understanding the People’s Republic of China’s (PRC) actions against the West typically use the DIME framework or even the Chinese Communist Party’s (CCP)’s own “Three Warfares.” However, these frameworks that bin actions into discrete categories fail to encapsulate the totality of the PRCs activities targeting the west. While the United States hesitates to admit its “competition” with the PRC is conflict, the PRC appears to leverage all forms of warfare short of kinetic operations in daily affairs. To analyze how states exert their influence, scholars often compartmentalize actions into rigid analytical frameworks, which obscures the holistic scope of the challenge. By decomposing actions and analyzing them through the common frameworks, analysts fail to appreciate the interconnectedness across all elements of national power, particularly clandestine and sub-state illicit activities. These disadvantages call for a new model of analysis.

Adopting the concept of “allfare,” which captures every potential vector of malign action, provides a better appreciation for the strategic scope of PRC activities. Allfare encourages perceptions of linkages and cross-organizational intentions across the entire network, including official party and state instruments, proxies, and even seemingly disparate criminal actors. This last element, the illicit actors that ultimately advance CCP interests are entirely absent from traditional analytical frameworks. These activities are, at minimum, accepted by the party, and are very probably intentionally exploited. Since 2015, U.S. national security strategies have identified a rising Communist China as a threat to the liberal international order and continued American influence, yet policymakers still fail to grasp the broader whole-of-society grey-zone warfare the CCP conducts against the United States. Though they call for countering Chinese actions, the PRC continues their malign actions with no symmetrical or discernable asymmetrical response.. Allfare provides that aperture to see and then eff

Why China is playing the long game in Iran despite Trump’s fresh threats

Cao Jiaxuan

“This is not limited to Iran,” Zhang said, pointing to China’s responses to America’s military operation in Venezuela to abduct leader Nicolas Maduro and his wife to face narcoterrorism charges in the United States. “Beijing mainly condemns hegemonic behaviour verbally – actions that violate international law and infringe on other countries’ sovereignty – while also making it very clear that it believes solutions ultimately depend on cooperation between governments and their own people.”

That approach, analysts said, reflected China’s long-held principle of non-interference in internal affairs, a cornerstone of its diplomacy since the early years of the People’s Republic of China. According to Li Weijian, a researcher at the Shanghai Institutes for International Studies, China’s policy towards Iran “does not hinge on whether hardliners or reformists are in power because these are domestic matters”.

Can China Win Round Two of the Trade War?

Salman Rafi Sheikh

For nearly a decade, Washington has bet that economic pressure could slow China’s rise. Tariffs were supposed to discipline Beijing, weaken its export engine and restore US leverage. That bet failed. China, driven to export partly by domestic over-investment and weak internal demand, absorbed the shock and adjusted, recording an unprecedented US$ 1.19–1.20 trillion trade surplus, the largest ever for a major economy.

But the more important story is what comes next. As trade barriers lose their coercive power in a fragmented, multipolar economy, the US is shifting the battlefield. Power is moving away from tariffs and toward force, from trade rules to direct control over geography, resources and security. This shift exposes a deeper imbalance between the two powers. China’s strengths remain overwhelmingly economic; America’s comparative advantage lies elsewhere. The first round of competition was fought with tariffs. The second will be fought with force.


ALLFARE: CHINA’S WHOLE-OF-NATION STRATEGY


“Current paradigms of understanding the People’s Republic of China’s (PRC) actions against the West typically use the DIME framework or even the Chinese Communist Party’s (CCP)’s own “Three Warfares.” However, these frameworks that bin actions into discrete categories fail to encapsulate the totality of the PRCs activities targeting the west. While the United States hesitates to admit its “competition” with the PRC is conflict, the PRC appears to leverage all forms of warfare short of kinetic operations in daily affairs. 

To analyze how states exert their influence, scholars often compartmentalize actions into rigid analytical frameworks, which obscures the holistic scope of the challenge. By decomposing actions and analyzing them through the common frameworks, analysts fail to appreciate the interconnectedness across all elements of national power, particularly clandestine and sub-state illicit activities. These disadvantages call for a new model of analysis.

How Chinese drone components are shaping the war between Russia and Ukraine


On large stretches of the battlefield in Ukraine, drones now matter more than tanks. Small, fast, relatively cheap and endlessly adaptable, they are used for surveillance, targeting and direct attack. Ukrainian officials estimate that drones account for the majority of recent casualties on both sides. As their role has expanded, so has the race to secure the parts that make them work.

That race does not run through Washington or Brussels. It runs through industrial parks in southern China.

From motors and sensors to cameras, processors and flight controllers, the components that determine how far a drone can fly and how clearly it can see are overwhelmingly made in China. Both Russia and Ukraine now depend on the same suppliers, often the same factories, and sometimes the same production lines, the Financial Times reported.

China’s 7 Simultaneous Crises of 2026

Reuben Johnson

China Could Face 7 Crises at Once in 2026: Deflation, Property, Debt, and Banks

Beginning in January 2026, analysts familiar with the current developmental and political tensions in the People’s Republic of China (PRC) predict the country will face a convergence of deepening economic and structural crises. The primary bellwethers will be a worsening deflationary spiral, a prolonged property market slump, and mounting financial risks.

The conclusions of these Chinese analysts, along with a brief discussion of the fallout, were published in an article at the end of December 2025 on the Canada website 51.ca.

China tried the 'sell America' trade. Here's how that worked out.

Martin Baccardax

Treasury Secretary Scott Bessent betrayed his usual calm on Wednesday, insisting that a note from a Deutsche Bank analyst that mooted the idea of European investors using U.S. financial assets as political leverage, was little more than “fake news.”

Bessent claimed during a panel at the World Economic Forum in Davos that Deutsche Bank CEO Christian Sewing contacted him directly and told him that Europe’s biggest bank “does not stand by that analyst,” but his prickly response, alongside his dismissal of a Danish pension fund (as well as the nation itself) as “irrelevant” suggests a level of concern for the so-called Sell America trade he isn’t quite willing to admit.







The Greenland Episode Must Be a Lesson for Europe and NATO

Sophia Besch

President Donald Trump has stepped back from his most explicit threats over Greenland. At Davos on Wednesday, he ruled out military action and dropped plans for tariffs against European allies. That retreat should not be mistaken for closure. The president has not abandoned his determination to acquire Greenland. He has merely adjusted his tactics.

The episode matters because it crossed a line that cannot be uncrossed: The most powerful member of NATO openly challenged the territorial integrity, sovereignty and political agency of another. Even without force or sanctions, that breach weakens the alliance in a lasting way. The easing of immediate pressure does not close the matter. It sharpens the question of what Europe learns, and whether it is willing to act on it.

Trump’s Golden Dome Is No Silver Bullet

Alexandra Sharp, and John Haltiwanger

U.S. President Donald Trump claims to have accomplished more than any of his predecessors in less than a year. But one of the biggest proposals of Trump 2.0—the Golden Dome missile defense system—remains little more than a concept nearly 12 months after it was first unveiled. Although Trump has said that Golden Dome will be completed before the end of his second term, that’s looking increasingly unlikely. He has even tied in his pursuit of Greenland to the initiative, saying in his speech in Davos, Switzerland, this week that the Danish territory is the “land on which we’re going to build the greatest Golden Dome ever built.”

There are many open questions as to whether such a system is truly worth the cost, both in terms of the funds it will take to build and maintain—with some estimates placing the cost as high as trillions of dollars—and its potential to fuel a new arms race. While some experts agree that current U.S. missile defense capabilities are subject to vulnerabilities that could be exploited, they also have doubts about whether Golden Dome is truly the

Trump’s Year of Anarchy

Daniel W. Drezner and Elizabeth N. Saunders

For most Americans and Europeans alive today, a world of anarchy probably never felt quite real. Since 1945, the United States and its allies crafted and maintained an order that while neither fully liberal nor fully international, established rules that kept the peace among the great powers, promoted a world of relatively open trade, and facilitated international cooperation. In the decades that followed, the world became more stable and prosperous.

Before that long great-power peace, however, anarchy was far from an abstraction in the developed world. The first half of the twentieth century alone featured two world wars, a global depression, and a deadly pandemic. With weak global rules and weaker enforcement mechanisms, most states had little choice but to fend for themselves, often resorting to military force. But there were still limits to what sovereign states might do in a conflict. Countries were only just beginning to project military power beyond their borders, and information, goods, and people traveled less rapidly. Even during periods of international disorder, states could do only so much to one another without risking their own demise.

Timeless Leadership, Timely Expertise: Winning Tomorrow’s Wars Starts Here

Shane R. Reeves 

In 1779, General George Washington, looking to stifle British attempts to divide the colonies, chose to headquarter the Continental Army at the “West Point” of the Hudson River, just below the town of Newburgh. The geography was perfect for defending the river. The river narrowed, allowing for a great chain to be pulled from one shore to the other, steep hills provided for artillery overwatch, and the tidal waters forced ships to slowly navigate the channel. Today, West Point retains its strategic importance—not because of its unique place on the Hudson River—but because it is home to the United States Military Academy.

The United States Military Academy at West Point is often called the premier leadership institution in the world. Academy graduates have led our Army, helped build the nation, explored space, and mastered industry. But what is often overlooked about West Point is its equally critical and historic obligation to provide professional military expertise in areas of strategic importance. In fact, this was one of the primary reasons for the creation of a military academy. During the Revolutionary War, the fledgling United States demonstrated little proficiency in several critical fields, such as military engineering and artillery. The lack of technical know-how led to a reliance on European experts. So while Washington understood the geographic advantages of West Point, it took the Polish General Thaddeus Kosciuszko to fulfill Washington’s vision by designing and overseeing construction of West Point’s fortifications.

Greenland meltdown: what does Trump’s quest mean for the global order and China?

Shi Jiangtao

Greenland’s mineral wealth, especially in rare earth deposits, has long generated interest, with Trump saying in 2019 that the territory’s acquisition would be “strategically nice” for the US. But realising this potential has been impeded by logistical challenges, environmental considerations and opposition from residents.

People attend a protest in Nuuk, Greenland, on Saturday against US President Donald Trump’s push for acquiring the autonomous territory from Denmark for America’s use and control. Photo: Reuters Overlooking key North Atlantic and Arctic shipping lanes, Greenland’s importance has grown as Washington and its Group of Seven partners have sought to reduce their dependence on China’s dominance in processing critical minerals.

The Real Reasons Greenland Matters

Coleman Hughes

Greenland—a vast, frozen island most Americans could barely place on a map—has suddenly found itself at the center of a rapidly intensifying global contest. In this episode, I’m joined by Heather A. Conley, an authority on Europe, NATO, and Arctic security, to discuss how Greenland became one of the most strategically important places on Earth.

Heather explained to me how the island’s location made it indispensable during World War II and the Cold War—and why that same geography has become increasingly important as melting ice opens new shipping lanes and exposes vast mineral wealth. What was once a remote outpost is now a linchpin in the emerging competition between the United States, China, and Russia.


An Opportunity for Success: Don’t Repeat Iraq’s Catastrophic Mistakes in Venezuela

Scott Rutter

In April 2003, I commanded Task Force 2-7 when we destroyed the Iraqi Republican Guard at Baghdad International Airport and reinforced 2nd Brigade, 3rd Infantry Division in their decisive attack into Baghdad. After the invasion, my task force secured downtown Baghdad and Iraq’s Al Rashid banking district during those critical early weeks, giving me a front-row seat to both America’s swift military victory and the catastrophic failures that followed.
The lessons from Iraq offer crucial insights into risks that may not be immediately obvious from Washington.

As Venezuela transitions to new leadership under President Edmundo González Urrutia, I’m watching with cautious optimism but growing concern. The Trump administration has orchestrated a remarkable diplomatic achievement: Nicolás Maduro’s departure with limited shots fired, existing Venezuelan government structures remaining largely intact, and no American boots on the ground. But as someone who witnessed how quickly political transitions can collapse into chaos, I see warning signs that demand attention.

The Davos Crowd Gets the World Wrong Again

Tyler Cowen

Tyler Cowen is Holbert L. Harris Professor of Economics at George Mason University and also faculty director of the Mercatus Center. He received his PhD in economics from Harvard University in 1987. His book The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better was a New

The big story from Davos is that globalization is in swift retreat. And that may well be what the insiders are saying to each other in speeches and at exclusive private parties. From the world outside the peaks of Switzerland, though, what I am seeing is that globalization, all things considered, is likely accelerating.