Carlos Superana
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- The Economist23 min
Buck off: US pauses Ukraine aid
Rosie Bloor, Shashank Joshi, Carlos Superana, Alexandra Sewich Bass
The White House has suspended over $1 billion in US military aid to Ukraine as leverage to force President Zelensky into negotiations, threatening long-term logistical deficits in artillery, air defense, and intelligence sharing despite immediate front-line stability. Simultaneously, stablecoin adoption has surged in Turkey to 40% of global transactions for inflation hedging and commerce, prompting tightening global regulations and US legislative efforts to harness digital assets for dollar dominance while addressing audit risks. In a separate cultural pivot, the Louvre launched its first fashion gala to raise $800 million for renovations by pairing high-fashion designs with historical artifacts, distinguishing its revenue model from criticized commercial exhibitions.