Politics

Read about the latest political news, views and analysis

Are AI stocks about to crash?

Bitcoin has lost almost a quarter of its value. The tech-heavy NASDAQ index on Wall Street has started to fall. And even leaders of the industry, such as the Google CEO Sundar Pichai, have started to warn about valuations getting out of control. We already knew that AI was driving a boom in investment. But this week there are worrying signs the market is about to crack. The only real question is whether that turns into a full scale crash. Bitcoin, as so often, is leading the market rout. More than $1 trillion has been wiped off the value of the crypto market over the last six weeks, with Bitcoin

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Why Trump and Israel differ on Turkey’s involvement in Gaza

As the Gaza ceasefire struggles into its second month, a significant difference between the position of Israel and that of its chief ally, the United States, on the way forward is emerging. This difference reflects broader gaps in perception in Jerusalem and Washington regarding the nature and motivations of the current forces engaged in the Middle East. The subject of that difference is Turkey.  The Turks have expressed a desire to play a role in the “international stabilization force” (ISF), which, according to President Donald Trump’s 20-point plan, is supposed to take over ground security control of Gaza from the IDF (and Hamas) in the framework of the plan’s implementation.

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Is South Korea bracing for a third Trump-Kim summit?

Donald Trump’s meeting with President Xi was the standout moment of this month’s Asia-Pacific leaders’ summit in South Korea. Yet almost as much attention focused on the rumors that Trump’s gaze had turned once again to North Korea. Addressing suggestions he would meet Kim, the President told reporters, “I’d be open 100 percent. I get along very well with Kim Jong-un.” A meeting never materialized, but speculation – and tension – has only grown since.  Days after Trump’s departure, Defense Secretary Pete Hegseth arrived as part of his own tour of Asia. In Seoul, he became the first defence secretary in nearly eight years to visit Panmunjeom, the border village