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Japan Inc. looks past the weak yen
Scott Foster writes that despite a 40-year low in the yen, rising bond yields and geopolitical headwinds, Japan’s corporate sector remains surprisingly resilient. Strong business confidence, record foreign investment and fresh capital raising for AI and strategic industries suggest investors are backing Prime Minister Takaichi’s long-term industrial agenda.
Germany’s state-led investment masks private-sector retreat
Diego Faßnacht argues that Germany is drifting toward a more state-directed economic model as entrepreneurs lose confidence and private investment falters. While defense spending and public investment may support growth in the short term, they cannot replace the innovation and productivity generated by a healthy private sector.
Ukraine’s drone successes haven’t reversed Russia’s battlefield gains
James Davis reports that Ukraine is using long-range drone strikes and strategic messaging to convince Western governments that momentum has shifted, but Russia continues to make steady advances on the ground. The competing narratives are reinforcing hardline positions on both sides, making a negotiated settlement increasingly remote.