Defense Spending
Geopolitics
Macro
Taiwan Reframes Defense Spending as Economic Investment, Not Burden
President Lai positions $40 billion procurement pipeline as fiscally sustainable, signaling resolve to Beijing while reassuring Washington on burden-sharing.
Breaking
Energy
Geopolitics
Iran Strikes Gulf States as Strait of Hormuz Closure Reprices Global Energy Risk
Tehran's retaliatory campaign against US military assets across Saudi Arabia, UAE, and Bahrain marks first major offensive outside Iraq theater, sending Brent past $100 and forcing Gulf states to reassess decades of security doctrine.
Macro
Markets
Treasury Selloff Exposes War-Era Fiscal Trap
Long-term yields surge past 4.27% as markets reprice defense spending and deficit sustainability, constraining Fed policy and reshaping capital allocation.