A Bankruptcy of Nuclear Proportions

In any given year, a handful of companies file for Chapter 11 bankruptcy in the United States. Rarely, however, does one of these filings reverberate beyond the boardroom and into the realm of geopolitics. Those that do — Lehman Brothers in 2008, or several U.S. automakers in 2008-10 — usually involve hundreds of billions of dollars. But the next big geopolitically relevant bankruptcy may be on the horizon, and the amount of money involved is tiny next to the collapses of the past decade.

NATO welcomes opening of European Centre for Countering Hybrid Threats

Several NATO Allies and European Union members came together in Helsinki on Tuesday (11 April 2017), formally agreeing to establish a European Centre of Excellence for Countering Hybrid Threats in the Finnish capital. At a ceremony attended by Finnish Foreign Minister Timo Soini, officials from NATO and the European Union welcomed the signing of a Memorandum of Understanding for the Centre, which will open later in 2017.