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Europe's potential as an investment destination appears bright but realizing that potential depends on how the continent responds to the new geopolitics and the military threat from Russia. Confluence Chief Market Strategist Patrick Fearon Hernandez joins Phil Adler to focus on a key region where Europe is vulnerable, the Baltics.
In this episode of The President's Daily Brief: Germany's top intelligence chief warns that Russia may soon test NATO's resolve in the Baltics—potentially by deploying so-called “little green men.” A third Chinese national is now facing charges for smuggling biological materials into the U.S., raising concerns about an emerging pattern. The U.N.'s nuclear watchdog believes North Korea is building a new uranium-enrichment site, pointing to Kim Jong-un's plans to expand his nuclear arsenal. Back of the Brief: Israel's navy strikes the Houthi-controlled Yemeni port city of Hodeida—the first seaborne assault of the conflict. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief StopBox: Get firearm security redesigned and save with BOGO the StopBox Pro AND 10% OFF @StopBoxUSA with code PDB at https://stopboxusa.com/PDB! #stopboxpod Birch Gold: Text PDB to 989898 and get your free info kit on gold True Classic: Upgrade your wardrobe and save on @trueclassic at https://trueclassic.com/PDB #trueclassicpod Learn more about your ad choices. Visit megaphone.fm/adchoices
This week we talk about drone warfare, Russia's invasion of Ukraine, and total war.We also discuss casualty numbers, population superiority, and lingering munitions.Recommended Book: The Burning Earth by Sunil AmrithTranscriptEight years after Russia launched a halfheartedly concealed invasion of Ukraine's Crimean peninsula, under the guise of helping supposedly oppressed Russian-speakers and Russia loyalists in the area, in February of 2022, Russia launched a full-scale invasion of Ukraine.This invasion followed months of military buildup along the two countries' shared borders, and was called a special military operation by Russian President Putin. It was later reported that this was intended to be a quick, one or a few day decapitation attack against Ukraine, Russia's forces rapidly closing the distance between the border and Ukraine's capitol, Kyiv, killing or imprisoning all the country's leadership, replacing it with a puppet government loyal to Putin, and that would be that.Ukraine had been reorienting toward the European Union and away from Russia's sphere of influence, and Russia wanted to put a stop to that realignment and bring the country fully back under its control, as was the case before 2014, when a series of protests turned into an uprising that caused their then-leader, a puppet of Russia, to flee the country; he, of course, fled to Russia.On paper, Ukraine was at a massive disadvantage in this renewed conflict, as Russia is a global-scale player, while Ukraine is relatively small, and back in 2014 had one of its major ports and a huge chunk of its territory stolen by Russia.Russia also has nukes, has a massive conventional military, and has a far larger economy and population. Analysts near-universally assumed Ukraine would collapse under the weight of Russia's military, perhaps holding out for weeks or months if they were really skillful and lucky, but probably days.That didn't end up being the case. Despite Russia's substantial and multifarious advantages, Ukraine managed to hold out against the initial invasion, against subsequent pushes, and then managed to launch its own counterattacks. For more than three years, it has held its ground against Russia's onslaught, against continuous land incursions, and against seemingly endless aerial attacks by jets, by bombers, and by all sorts of rockets, missiles, and drones.It's difficult, if not impossible, to determine actual casualty and fatality numbers in this conflict, as both sides are incentivized to adjust these figures, either to show how horrible the other side is, or to make it seem like they're suffering less than they are for moral purposes.But it's expected that Russia will hit a milestone of one million casualties sometime in the summer of 2025, if it hasn't actually hit that number already, and it's estimated that as many as 250,000 Russian soldiers have already been killed in Ukraine.For context, that's about five-times as many deaths as Russia suffered in all the wars it fought, post-WWII (as both the Soviet Union and Russia), combined. That's also fifteen-times as many fatalities as they suffered in their ten-year-long war in Afghanistan, and ten-times as many deaths as in their 13-year-long war in Chechnya.It's also estimated that Russia has lost something like 3,000-4,000 tanks, 9,000 armored vehicles, 13,000 artillery systems, and more than 400 air defense systems in the past year, alone; those numbers vary a bit depending on who you listen to, but those are likely the proper order of magnitude.The country is rapidly shifting to a full-scale war footing, originally having intended to make do with a few modern systems and a whole lot of antique, Soviet military hardware they had in storage to conduct this blitzkrieg attack on Ukraine, but now they're having to reorient basically every facet of society and their economy toward this conflict, turning a huge chunk of their total manufacturing base toward producing ammunition, tanks, missiles, and so on.Which, to be clear, is something they're capable of doing. Russia is currently on pace to replace this hardware, and then some, which is part of why other European governments are increasing their own military spending right now: the idea being that once Russia has finished their reorientation toward the production of modern military hardware, they'll eventually find themselves with more tanks, missiles, and drones than they can use in Ukraine, and they'll need to aim them somewhere, or else will find themselves have to pay upkeep on all this stuff as it gathers dust and slowly becomes unusable.The theory, then, is that they'll have to open up another conflict just to avoid being bogged down in too much surplus weaponry; so maybe they'll try their luck in the Baltics, or perhaps start shipping more hardware to fellow travelers, terrorists and separatists, in places like Moldova.In the meantime, though, Russian forces are continuing to accrue gains in Ukraine, but very, very slowly. This year they've captured an average of about 50 meters of Ukrainian territory per day, at a cost of around 1,140 casualties per day, of which about 975 are fatalities.That's a huge and horrific meatgrinder, but there's little pushback against the invasion in Russia at this point, as speaking out against it has been criminalized, and a lot of high-profile fines, arrests, kidnappings, and seeming assassinations of people who have said anything even a little bit negative about the war or the Russian government have apparently been effective.Ukraine is holding its own, then, but Russia still has the upper-hand, and will likely have even more weight behind it in the coming months, as its manufacturing base pivots further and further toward a total war stance.What I'd like to talk about today is a seeming renewed effort on the part of Ukraine to strike within Russian territory, taking out military assets, but also destabilizing Russian support for the war, focusing especially on one such recent, wildly successful asymmetric attack.—In addition to all the other advantages Russia has in this conflict, Ukraine's population is about one-fourth the size of Russia's, and that means even if Ukraine is, by some measures, losing one soldier to every two that Russia loses, over time Russia is still gaining firmer and firmer footing; that's a war of attrition Russia will eventually win just because their population is bigger.By some indications, the Russian government is also using this conflict as an opportunity to clear out its prisons, offering prisoners a chance at freedom if they go to the front line and survive for a period of time, many of them dying, and thus freeing up prison space and resources that would otherwise be spent on them, but also sending a disproportionate number of their poor, their disliked ethnic and religious groups, and their young radicals into the meatgrinder, forcing them to serve as cannon fodder, as most of those people will die or be grievously wounded, but those people also, as a side-benefit, will no longer be a problem for the government.Russia is also bringing in troops from its ally, North Korea, to fight on the front lines, alongside all the weapon systems and ammo it's been procuring from them and other allies, like China and Iran.So while this is obviously not great for Russia, losing that many fighters for relatively small gains, they've also figured out a way to make it not so bad, and in some ways even a positive development, according to their metrics for positive, anyway, and again, if they can keep warm bodies flooding to the front lines, they will eventually win, even if it takes a while—at their current rate of advance, it would take about 116 years to capture the rest of the country—and even if the body count is shockingly high by the time that happens.To counter this increasing advantage that Russia has been leveraging, Ukraine has been leaning more heavily on drones, as the invasion has progressed.In this context, a drone might be anything from the off-the-shelf, quadcopter models that hobbyists use to race and shoot aerial photographs, to higher-end, jet or missile or glider-like models similar to what major military forces, like the US military, use to scout and photograph enemy forces and terrain, and in some cases launch assassination attacks or bombing raids on the same.They can be low-flying quad-copters, or they can be something like lingering, unmanned missiles or jet fighters, then, and they can be completely unarmed, or they can be rigged with grenades to drop, bombs to use in a suicide attack, missiles to fire, shotguns to blast enemy fighters in the face, or nets to ensnare enemy drones.Drones of all shapes and sizes have been fundamental to the way modern militaries operate since the 1990s, when early, remotely piloted aircraft, like the Predator drone, were used for aerial reconnaissance purposes in mostly Middle Eastern war zones.Later versions were then equipped with bombs and missiles, and in some cases have even been used for the assassination of individuals, as was the case with a drone that fired a modified Hellfire missile that was reportedly use to kill an al Quaeda leader in Afghanistan in 2022, the missile deploying six large blades before hitting its intended target, shredding him instead of blowing him up, and thus avoiding civilian casualties.Mexican cartels have also been enthusiastically adopting drones in their attacks and assassinations, their so-called dronero drone-operators often rigging off-the-shelf drones with deployable bombs, allowing them to fly the drone into an enemy's home or other supposedly safe space, killing them with minimum risk to the attacker, and with sufficient fog-of-war so that if the attacker doesn't want to be known, they can maintain anonymity.Ukraine's military has been using drones from the beginning of the conflict in a similarly asymmetric manner, but they've also been improving upon the state-of-the-art by coming up with sophisticated new uses for existing drone models, while also developing their own drones and software systems, allowing them to maintain the meat-grinder Russian forces face with fewer Ukrainian casualties, while also giving them new opportunities to strike Russia within its own borders.That latter point is important, as for pretty much this entire conflict, Ukraine's allies have provided them with weapons, but with the stipulation that they cannot fire those weapons into Russia territory—the fear being that Russia might use that as justification to expand the scope of the conflict. Those stipulations have been lightening, with some allies now saying it's fine that Ukraine uses these weapons however they like, but the Ukrainians have been pushed into making more of their own weapon systems in part because they can use those systems however they choose, without limits, including being able to target infrastructure within Russian territory.One such innovation is a speedboat-based anti-aircraft missile system called the Magura V7, which reportedly shot down two Russian Su-30 warplanes, which are roughly equivalent to the US F-16, in May of 2025, which was the first-ever successful downing of fighter jets by drone boats.These boats can hang out in open water for days at a time, watching and waiting for Russian jets, and then ambushing them, seemingly out of nowhere. It's also been speculated that a recent attack on a vital supply channel for Russian forces in occupied Crimea, the Crimean Bridge, was conducted using an underwater drone, which if true could signal a new frontier of sorts in this conflict, as Ukraine has already managed to menace Russia's Black Sea fleet into near-inoperability using conventional weaponry, and the widespread deployment of more difficult to detect underwater drones could make any Russian naval presence even more difficult, if not impossible, to maintain.Ukraine has been coming up with all sorts of interesting countermeasures for Russia's anti-drone tech, including connecting their spy drones to the drone's operator using thin strands of fiber optic cable, which renders electronic warfare countermeasures all but useless, alongside efforts to make attack drones more capable if cut off from their operators, allowing the drones to continue tracking targets over time, and to follow through with an attack if their communication signals are jammed.A new approach to offensively leveraging drones, which was the biggest drone attack by Ukraine, so far, and the most impactful, was called Operation Spider's Web, and was deployed on June 1 of this year. It involved 117 drones launching coordinated attacks across Russia, successfully striking about 20 high-end Russian military aircraft, ten of which were destroyed.This is notable in part because some of the aircraft in question were strategic bombers and A-50 military spy planes, both of which are incredibly expensive and valuable; and Russia only has two of that type of spy plane. But it's also notable because some of these targets were struck far from Ukraine, one of the targeted air bases located about 2,700 miles away, which for context is nearly the width of the continental United States.The Ukrainian military was able to accomplish this synchronized attack, which took about a year and a half to plan, by concealing drone parts in wooden shipping containers that were designed to look like a type of mobile wooden cabin that are commonly carried on flatbed trucks throughout the area. Those parts were assembled into finished drones inside Russia's borders, and then on June 1, all at the same time, the roofs of these mobile containers slid open, the drones flew out, and they made for their targets simultaneously.This attack is said to have caused billions of dollars in damage, and to have hit about a third of Russia's cruise missile carriers.Earlier this week, Russia launched what's being called the biggest overnight drone bombardment of the war, so far, launching 479 drones at Ukrainian targets, alongside 20 missiles of different types. The Ukrainian military says it destroyed 277 drones and 19 missiles mid-flight, and that only 10 drones and missiles hit their targets. One person was reportedly injured by the barrage; though like all numbers in this conflict, it's impossible to know whether these figures are real or not.This is of-a-kind with other recent attacks by Russia against Ukrainian targets, in that it was aimed at several military, but also many major civilian targets—apparently with the intention of demoralizing civilians and soldiers, alike. And most of these attacks are overnight attacks, because it's more difficult to see the drones and take them out before they hit their target when it's dark outside.That said, there are some murmurs in the analyst community that Russia might not be able to escalate things too much, right now, despite the big success of Operation Spider's Web, as it's already throwing a lot at Ukraine. Both countries are seemingly going all-out in their offensives on the theory that if peace talks do ever go anywhere, as some foreign governments, including Trump's US government, would prefer, the side that seems to be doing the best and have the best prospects at that moment will have an advantage in those talks.Ukraine's attacks within Russia have mostly targeted fuel and ammo depots, drone manufacturing facilities, and similar combat-related infrastructure. There's a chance they might also aim at demoralizing the Russian public through attacks on civilian targets at some point, but they seem to be sticking with military targets for now, and that would seem to be a better strategy, considering that speaking out against the war is illegal and severely punished in Russia—so hitting Russia's capacity for maintaining the invasion would be more likely to lead to positive outcomes for Ukraine, as that could hobble Russia's capacity to invade, which in turn could reduce the populations' sense of the governments power.However those talks, if they do eventually happen in earnest, play out, there's apparently now a change in tone and tact, as Ukraine has shown that it's capable of striking Russian targets deep within Russia, and it's likely making things tricky for Russia's economy, as they'll now have to spend more time and resources checking all sorts of shipping containers and other possible points of ingress, lest they contain drone parts or other weapons.Not a huge deal, all things considered, perhaps, a little extra work and expense across the economy but one more of many papercuts Ukraine seems to be inflicting on its more powerful foe that, in aggregate, might eventually force that foe to find a way to back off.Show Noteshttps://www.bbc.com/news/articles/cz708lpzgxrohttps://www.nytimes.com/interactive/2025/03/03/world/europe/ukraine-russia-war-drones-deaths.htmlhttps://www.nytimes.com/2025/06/08/world/europe/ukraine-russia-drones-weapons.htmlhttps://www.twz.com/news-features/inside-ukraines-fiber-optic-drone-warhttps://www.19fortyfive.com/2025/04/russias-black-sea-has-been-functionally-inactive-for-over-1-year/https://www.twz.com/news-features/inside-ukraines-fiber-optic-drone-warhttps://en.wikipedia.org/wiki/Drone_warfarehttps://en.wikipedia.org/wiki/Operation_Spider%27s_Webhttps://airandspace.si.edu/stories/editorial/predator-drone-transformed-military-combathttps://www.wsj.com/world/ukraine-russia-drone-attack-bombers-cc77e534https://www.reuters.com/business/aerospace-defense/us-believes-russia-response-ukraine-drone-attack-not-over-yet-expects-multi-2025-06-07/https://www.reuters.com/business/aerospace-defense/ukraine-hit-fewer-russian-planes-than-it-estimated-us-officials-say-2025-06-04/https://defensescoop.com/2025/04/03/ukraine-russian-tanks-destroyed-attack-drones-cavoli/https://www.csis.org/analysis/russias-battlefield-woes-ukrainehttps://understandingwar.org/backgrounder/russian-offensive-campaign-assessment-june-5-2025https://en.wikipedia.org/wiki/Russian_invasion_of_Ukraine This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Europe is seeing a rapid increase in battery energy storage, but no two markets are quite the same. Each country presents its own blend of policy ambition, grid challenges, market structures, and investor appetite. For developers and capital providers, this means a highly fragmented landscape where understanding the local context is just as critical as getting the technology or financing right.In this episode of Transmission, we take a pan-European view of battery investment looking at how the economics, regulation, and risk profile of projects vary from Belgium to the Baltics. Director of Investment Management for Battery Storage at Aquila Clean Energy EMEA - Kilian Leykam joins Ed to explore everything from four-hour assets in the Benelux to co-location in Italy, capacity markets in Greece, and merchant risk in Germany, this conversation explores what it takes to scale a diversified battery portfolio in today's evolving energy landscape.In this episode, we cover:Project development across multiple European markets: How site selection, policy maturity and market signals drive investment strategy.Four-hour storage in the Benelux: What early operational data tells us about long-duration battery economics.Germany and Italy: Why grid support and flexibility services are gaining momentum.The role of harmonisation: How EU-wide reforms may help or hinder cross-border battery investmentMarket risks and revenue models: From merchant exposure to capacity payments and co-location opportunities.About our guest:Kilian Leykam is Director of Investment Management for Battery Storage at Aquila Clean Energy, where he oversees one of Europe's most geographically diverse battery portfolios. With more than 7 GW of battery projects spanning nine European countries, Kilian brings deep experience in project development, trading, and strategic energy investment. For more information on what Aquila Clean Energy do, head to the website. About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
Europe is seeing a rapid increase in battery energy storage, but no two markets are quite the same. Each country presents its own blend of policy ambition, grid challenges, market structures, and investor appetite. For developers and capital providers, this means a highly fragmented landscape where understanding the local context is just as critical as getting the technology or financing right.In this episode of Transmission, we take a pan-European view of battery investment looking at how the economics, regulation, and risk profile of projects vary from Belgium to the Baltics. Director of Investment Management for Battery Storage at Aquila Clean Energy EMEA - Kilian Leykam joins Ed to explore everything from four-hour assets in the Benelux to co-location in Italy, capacity markets in Greece, and merchant risk in Germany, this conversation explores what it takes to scale a diversified battery portfolio in today's evolving energy landscape.In this episode, we cover:Project development across multiple European markets: How site selection, policy maturity and market signals drive investment strategy.Four-hour storage in the Benelux: What early operational data tells us about long-duration battery economics.Germany and Italy: Why grid support and flexibility services are gaining momentum.The role of harmonisation: How EU-wide reforms may help or hinder cross-border battery investmentMarket risks and revenue models: From merchant exposure to capacity payments and co-location opportunities.About our guest:Kilian Leykam is Director of Investment Management for Battery Storage at Aquila Clean Energy, where he oversees one of Europe's most geographically diverse battery portfolios. With more than 7 GW of battery projects spanning nine European countries, Kilian brings deep experience in project development, trading, and strategic energy investment. For more information on what Aquila Clean Energy do, head to the website. About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
Europe's defense industrial base stands at a critical inflection point. Military experts warn we have just three to five years to strengthen Europe's defense capabilities before facing potentially devastating security challenges.I talked about these trends and the European response with Kitron Group's President and CEO, Peter Nilsson and Managing Director of Kitron AS, Hans Petter Thomassen, who participated in the “Implementation Dialogue on EU Defence” with Commissioner Andrius Kubilius, held in Brussels recently.The European Commission recognizes this urgency. They've initiated an "omnibus" bill aimed at helping defense manufacturers ramp up production quickly, bringing together industry leaders from major prime contractors to innovative startups developing cutting-edge battlefield technologies. But the challenges are enormous.Most electronics components, semiconductors, and specialized materials used in European defense systems come from outside the continent. While stockpiling strategic materials for several years provides a short-term solution, the long-term challenge of rebuilding secure supply chains remains daunting. For specialized materials like munitions chemicals, new production facilities require five years just for permitting and environmental studies.Regional responses vary dramatically across Europe. Countries feeling immediate threat – the Nordics, Baltics, Poland, and Germany – are leading with bold procurement initiatives and defense budgets approaching 5% of GDP. These long-term commitments provide the certainty manufacturers need for major capacity investments.Perhaps most exciting is the rise of defense technology startups across Eastern Europe. From drone innovations to laser targeting systems, these companies bring battlefield-ready solutions developed with real-world urgency. As one Ukrainian defense official emphasized: "A system you can provide me two years from now has zero interest – I need something for tomorrow."The war in Ukraine accelerates these trends, serving as both catalyst for action and testing ground for technologies. Defense donation programs deliver immediate battlefield feedback on new systems, strengthening the innovation cycle.Want to explore how these defense industry transformations might affect your business? Join us at the upcoming IPC defense event in Brussels on June 10th, where industry leaders will be tackling these critical challenges head-on.MADE IN EUROPE is an IPC Podcast, produced by SCOOPEMS@C-Level is sponsored by global inspection leaders Koh Young (https://www.kohyoung.com) and Creative Electron (https://creativeelectron.com) You can see video versions of all of the EMS@C-Level pods on our YouTube playlist.
We're on the road again, this time reporting from Vilnius, Lithuania, in the heart of Europe's Bloodlands. Don't be fooled by the history of war and trauma, this episode is all about how the Baltics are sprinting into the future. Estonia, with just 1.3 million people, has produced 10+ tech unicorns and collects 99% of its taxes online. Lithuania, home to 50,000 people living in Ireland, is building Rail Baltica, a €6 billion high-speed line connecting Finland to Poland. We chat with economist James Oates to unpack how these small nations became some of the most advanced societies on earth, all while keeping one wary eye on Moscow. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.
How Europe's defence sector can align to climate goals without compromising security needs In this episode of the Sound of Economics, we look at the present and future efforts of the defence sector to integrate climate sustainability. Host Rebecca Christie is joined by Bruegel's Simone Tagliapietra and Kädi Ristkok, Executive Director of Cleantech for Baltics. Together, they explore the challenges and practical steps to decarbonise defence. What are the key policy actions needed at the European level? Relevant research: Ristkok, K. and L. Balciume (2025), 'Cleantech for Defence, Security and Resilience', White paper, Cleantech for Baltics Tagliapietra, S. (2025), ‘Defence and climate: seven points for a common agenda', Analysis, Bruegel
Lithuania, Latvia and Estonia know their borders may be the next front for Russian aggression. They do not want to deploy mines and razor wire—but they must. Our correspondent visits the American city of Baltimore to investigate a national drop in violent crime (9:46). And a sweeping new biography of Mark Twain, who created a uniquely American style of fiction (17:19).Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
Lithuania, Latvia and Estonia know their borders may be the next front for Russian aggression. They do not want to deploy mines and razor wire—but they must. Our correspondent visits the American city of Baltimore to investigate a national drop in violent crime (9:46). And a sweeping new biography of Mark Twain, who created a uniquely American style of fiction (17:19).Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
On the show this week: Poland's presidential elections reveal a country on a knife-edge, Exercise Hedgehog in Estonia and the Baltics' hybrid warfare fears. Plus a Hungarian spy ring, Icelandic intrigue, Swiss bunkers, and Syrians returning home from Europe. A security special packed with stories from the frontlines of Europe's shifting geopolitics.
Can President Trump get Ukraine and Russia to agree on a peace deal? If so, what happens next? The US administration is pushing for a ceasefire between Russia and Ukraine, but progress has been slow, and success remains uncertain. How likely is a long-term cessation of hostilities, and how could that affect Russia's military ambitions in Europe? Join Steve Odland and guest Dr. Lori Esposito Murray, senior fellow for national security and managing director of CEO programs at the Council on Foreign Relations, to find out the major issues prolonging the Russia-Ukraine war, the potential Russian threat to Finland and the Baltics, and the details of the recent US-Ukraine deal on critical minerals. (01:36) Occupied Regions and Military Tactics (03:05) International Efforts and Ceasefire Attempts (04:48) US and European Support Dynamics (07:06) Russia's Strategic Moves in Europe (10:06) Challenges in Peace Negotiations (11:22) Security Guarantees and Territorial Issues (23:52) Economic Agreements and Broader Implications For more from The Conference Board: Analyzing the US-Ukraine Minerals Deal Three Years of War in Ukraine – and an Extraordinary Week The Next One Hundred Days – and Beyond: What Lies Ahead
Janis Taukacs is a seasoned tax advisor and partner at Sorainen law firm, where he leads the tax and customs practice. He has nearly 30 years of experience across the Baltics and internationally. Known for his deep expertise in corporate taxation, international structuring, and tax dispute resolution, Janis is also a passionate content creator, running the “Tax Stories” blog and podcast. Through his work, he bridges complex legal frameworks with practical insights for founders, investors, and global businesses navigating tax systems.On this episode we talk about:Baltic Tax Systems ExplainedOpportunities and Risks of Distributed Teams and Remote SetupsGlobal Trends in Digital and Corporate TaxationSuccession Planning and Tax Structuring for ExitsThe Hidden Power of Content for Professionals==If you liked this episode or simply want to support the work we do, buy us a coffee or two, or a hundred, with just a few clicks at: https://buymeacoffee.com/pursuitofscrappinessFind all episodes on > https://www.pursuitofscrappiness.co/Watch select full-length episodes on our YouTube channel > https://www.youtube.com/channel/UCP6ueaLnjS-CQfrMCm2EoTAConnect with us on Linkedin > https://www.linkedin.com/company/pursuit-of-scrappiness/===============Support the show
Chuck opens with an analysis of growing global tensions, including armed conflict between India and Pakistan, and the power vacuum created by America's retreat from its traditional leadership role. He discusses Joe Biden's recent BBC comments on foreign affairs and the potential for Vladimir Putin to test NATO's Article 5 commitment in the Baltics, suggesting that increased global conflict may be on the horizon as China and Russia fill the void left by the United States.Then he's joined by the author of the new book "Heaven Help Us" and former Ohio Governor John Kasich, who offers candid insights on the lost art of political compromise and consensus-building. Kasich discusses the toxic partisanship exemplified by the Obama/Christie hug controversy, shares his perspective on healthcare reform, and explores how faith can inform governance without violating church-state separation. The conversation covers the prospects for the 2026 and 2028 elections, Ohio's political landscape, and the need for spiritual renewal in American culture. Kasich offers sharp criticism of both Trump's approach to tariffs and Biden's presidency, which he characterizes as a failure due to insulation from contrarian views.Finally Chuck responds to listeners' questions in the "Ask Chuck" segment, addressing questions about increasing the size of the House of Representatives, how organizations earn the "non-partisan" label, and whether the national debt will trigger economic catastrophe.Timeline:00:00 Introduction03:15 Armed conflict between India and Pakistan07:30 We see more conflict when the U.S. is in retreat09:00 If America doesn't play the role of world police, Russia and China will11:00 We're likely to see more conflict around the world13:35 Joe Biden weighs in on foreign affairs on BBC14:45 Putin likely to test article 5 in the Baltics16:45 Democrat loss was 10 years in the making21:45 John Kasich joins the Chuck Toddcast! 23:15 Why have we lost the art of politics and compromise? 25:45 The Obama/Chris Christie hug shouldn't have been a controversy 27:00 Government never finds a way to get money out of politics 29:05 Faith in democracy? 31:35 The next president has the opposite traits of the prior president 33:05 What will the country look for in the next president? 33:55 Advice for 2028 candidates? 35:15 Could the MAGA candidates become toxic in the primaries by 2026? 36:15 Vivek Ramaswamy's prospects in the Ohio governor's race? 37:30 Ohio isn't ruby red 39:45 Voters care less about issues and more about personal connection 41:00 The issues John Kasich would focus most on addressing 43:30 The healthcare system is broken 46:15 For profit hospitals are less profitable than non-profits 48:30 Healthcare stakeholders need to be forced to compromise 49:55 We need politicians that can build consensus, not just offer a plan 53:05 Integrating faith into governance without violating separation of church and state? 56:15 The social gospel changed the culture from an "I" environment to a "we" society 57:15 Local journalism is service journalism, national journalism is civics journalism 1:00:30 How do we move America past its "I" culture? 1:02:00 We need a spiritual renewal 1:02:45 Pope Francis could be remembered as the most important of the century 1:04:15 Trump's tariff implementation shows his inability to listen and win people over 1:06:45 We've never updated the design for our public education system 1:08:30 The education industrial complex resists reform 1:11:00 Biden's staff kept him insulated from hearing contrarian views 1:11:45 Biden's presidency was a failure 1:16:15 College football has been turned into the minor leagues1:20:20 Chuck's thoughts on the interview with John Kasich 1:21:50 Ask Chuck 1:22:00 How would increasing the size of the house of representatives work? 1:24:40 How do entities/organizations earn the label "non-partisan"? 1:29:00 Will the national debt cause economic catastrophe?(Timestamps may vary based on advertisements)
Artis Pabriks is the former Deputy Prime Minister and Defence Minister for Latvia. He's currently chairman of the “Northern Defence Policy Centre.” He warns that "if somebody will cross our border, we are gonna shoot immediately to kill" and "we will fight to the end."See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This is an insight from our previous conversation on the intricacies of VC business:Winners in VC portfolios usually take 6–8 years to emerge—sometimes longer.The 3x return benchmark is extremely difficult to hit.Many funds don't actually meet their targets, especially emerging managers.Emotional reality: fund managers often don't know if they succeeded for almost a decade.Jone Vaituleviciute is the managing partner and co-founder of Firstpick, an early-stage VC and accelerator program based in Lithuania and operating across the Baltics. In this episode we decided to focus more on VC as a business rather than looking at startups and founders from a VC perspective. Before starting Firstpick, Jone was a partner at StartupWiseGuys. Listen to the full conversation with Jone here on Episode 164:Link to SpotifyLink to Apple Podcastshttps://www.pursuitofscrappiness.co/episodes/164-jone-vaituleviciute==If you liked this episode or simply want to support the work we do, buy us a coffee or two, or a hundred, with just a few clicks at: https://buymeacoffee.com/pursuitofscrappinessFind all episodes on > https://www.pursuitofscrappiness.co/Watch select full-length episodes on our YouTube channel > https://www.youtube.com/channel/UCP6ueaLnjS-CQfrMCm2EoTAConnect with us on Linkedin > https://www.linkedin.com/company/pursuit-of-scrappiness/===============Support the show
Russia, you will often hear, poses a threat to the West, the world order, and democracy. Yet it has a smaller economy than Italy and ... Canada. It also has a shrinking population. There are fewer people living in Russia today than in 1991 during the collapse of the Soviet Union. So, is Russia really that powerful? Is it a waning power coasting on the nostalgia of the Cold War? Or a power that punches well above its economic weight?See omnystudio.com/listener for privacy information.
It's official. The American Dream is dead. And it's been resurrected in Europe where, according to the FT columnist Simon Kuper, disillusioned Americans should relocate. Compared with the United States, Kuper argues, Europe offers the three key metrics of a 21st century good life: “four years more longevity, higher self-reported happiness and less than half the carbon emissions per person”. So where exactly to move? The Paris based Kuper believes that his city is the most beautiful in Europe. He's also partial to Madrid, which offers Europe's sunniest lifestyle. And even London, in spite of all its post Brexit gloom, Kuper promises, offers American exiles the promise of a better life than the miserable existence which they now have to eek out in the United States. Five Takeaways* Quality of Life.:Kuper believes European quality of life surpasses America's for the average person, with Europeans living longer, having better physical health, and experiencing less extreme political polarization.* Democratic Europe vs Aristocratic America: While the wealthy can achieve greater fortunes in America, Kuper argues that Europeans in the "bottom 99%" live longer and healthier lives than their American counterparts.* Guns, Anxiety and the Threat of Violence: Political polarization in America creates more anxiety than in Europe, partly because Americans might be armed and because religion makes people hold their views more fervently.* MAGA Madness: Kuper sees Trump as more extreme than European right-wing leaders like Italy's Meloni, who governs as "relatively pro-European" and "pro-Ukrainian."* It's not just a Trump thing. Kuper believes America's declining international credibility will persist even after Trump leaves office, as Europeans will fear another "America First" president could follow any moderate administration.Full TranscriptAndrew Keen: Hello everybody. It's Monday, April the 21st, 2025. This conversation actually might go out tomorrow on the 22nd. Nonetheless, the headlines of the Financial Times, the world's most global economic newspaper, are miserable from an American point of view. US stocks and the dollar are sinking again as Donald Trump renews his attack on the Fed chair Jay Powell. Meanwhile Trump is also attacking the universities and many other bastions of civilization at least according to the FT's political columnist Gideon Rachman. For another FT journalist, my guest today Simon Kuper has been on the show many times before. All this bad news about America suggests that for Americans it's time to move to Europe. Simon is joining us from Paris, which Paris is that in Europe Simon?Simon Kuper: I was walking around today and thinking it has probably never in its history looked as good as it does now. It really is a fabulous city, especially when the sun shines.Andrew Keen: Nice of them where I am in San Francisco.Simon Kuper: I always used to like San Francisco, but I knew it before every house costs $15 million.Andrew Keen: Well, I'm not sure that's entirely true, but maybe there's some truth. Paris isn't exactly cheap either, is it? Certainly where you live.Simon Kuper: Cheaper than San Francisco, so I did for this article that you mentioned, I did some research on house prices and certainly central Paris is one of the most expensive areas in the European Union, but still considerably cheaper than cities like New York and San Francisco. A friend of mine who lives here told me that if she moved to New York, she would move from central Paris to for the same price living in some very, very distant suburb of New York City.Andrew Keen: Your column this week, Americans, it's time to move to Europe. You obviously wrote with a degree of relish. Is this Europe's revenge on America that it's now time to reverse the brain drain from Europe to America? Now it's from America to Europe.Simon Kuper: I mean, I don't see it as revenge. I'm a generally pro-American person by inclination and I even married an American and have children who are American as well as being French and British. So when I went to the US as firstly as a child, age 10, 11, I was in sixth grade in California. I thought it was the most advanced, wonderful place in the world and the sunshine and there was nowhere nice than California. And then I went as a student in my early 20s. And again, I thought this was the early 90s. This is the country of the future. It's so much more advanced than Europe. And they have this new kind of wise technocratic government that is going to make things even better. And it was the beginning of a big American boom of the 90s when I think American quality of life reached its peak, that life expectancy was reached, that was then declined a long time after the late 90s. So my impressions in the past were always extremely good, but no longer. The last 20 years visiting the US I've never really felt this is a society where ordinary people can have as good a life as in Europe.Andrew Keen: When you say ordinary people, I mean, you're not an ordinary person. And I'm guessing most of the people you and your wife certainly isn't ordinary. She's a well known writer. In fact, she's written on France and the United States and parenthood, very well known, you are well known. What do you mean by ordinary people?Simon Kuper: Yeah, I mean, it's not entirely about me. Amazingly, I am not so egomaniac as to draw conclusions on some matters just looking at my own situation. What I wrote about the US is that if you're in the 1% in the US and you are pursuing great wealth in finance or tech and you have a genuine shot at it, you will achieve wealth that you can't really achieve in Europe. You know, the top end of the US is much higher than in Europe. Still not necessarily true that your life will be better. So even rich Americans live shorter than rich Europeans. But OK, so the 1% America really offers greater expansion opportunities than Europe does. Anywhere below that, the Europeans in the bottom 99%, let's say, they live longer than their American equivalents. They are less fat, their bodies function better because they walk more, because they're not being bombarded by processed food in the same way. Although we have political polarization here, it's not as extreme as in the US. Where I quote a European friend of mine who lives in the American South. He says he sometimes doesn't go out of his house for days at a time because he says meeting Trump supporters makes him quite anxious.Andrew Keen: Where does he live? I saw that paragraph in the piece, you said he doesn't, and I'm quoting him, a European friend of mine who lives in the American South sometimes doesn't leave his house for days on end so as to avoid running into Trump supporters. Where does he live?Simon Kuper: He lives, let me say he lives in Georgia, he lives in the state of Georgia.Andrew Keen: Well, is that Atlanta? I mean, Atlanta is a large town, lots of anti-Trump sentiment there. Whereabouts in Georgia?Simon Kuper: He doesn't live in Atlanta, but I also don't want to specify exactly where he lives because he's entitled.Andrew Keen: In case you get started, but in all seriousness, Simon, isn't this a bit exaggerated? I mean, I'm sure there are some of your friends in Paris don't go outside the fancy center because they might run into fans of Marine Le Pen. What's the difference?Simon Kuper: I think that polarization creates more anxiety in the US and is more strongly felt for a couple of reasons. One is that because people might be armed in America, that gives an edge to any kind of disagreement that isn't here in Europe. And secondly, because religion is more of a factor in American life, people hold their views more strongly, more fervently, then. So I think there's a seriousness and edge to the American polarization that isn't quite the same as here. And the third reason I think polarization is worse is movement is more extreme even than European far-right movements. So my colleague John Byrne Murdoch at the Financial Times has mapped this, that Republican views from issues from climate to the role of the state are really off the charts. There's no European party coeval to them. So for example, the far-right party in France, the Rassemblement National, doesn't deny climate change in the way that Trump does.Andrew Keen: So, how does that contextualize Le Pen or Maloney or even the Hungarian neo-authoritarians for whom a lot of Trump supporters went to Budapest to learn what he did in order to implement Trump 2.0?Simon Kuper: Yeah, I think Orban, in terms of his creating an authoritarian society where the universities have been reined in, where the courts have been rained in, in that sense is a model for Trump. His friendliness with Putin is more of a model for Trump. Meloni and Le Pen, although I do not support them in any way, are not quite there. And so Meloni in Italy is in a coalition and is governing as somebody relatively pro-European. She's pro-Ukrainian, she's pro-NATO. So although, you know, she and Trump seem to have a good relationship, she is nowhere near as extreme as Trump. And you don't see anyone in Europe who's proposing these kinds of tariffs that Trump has. So I think that the, I would call it the craziness or the extremism of MAGA, doesn't really have comparisons. I mean, Orban, because he leads a small country, he has to be a bit more savvy and aware of what, for example, Brussels will wear. So he pushes Brussels, but he also needs money from Brussels. So, he reigns himself in, whereas with Trump, it's hard to see much restraint operating.Andrew Keen: I wonder if you're leading American liberals on a little bit, Simon. You suggested it's time to come to Europe, but Americans in particular aren't welcome, so to speak, with open arms, certainly from where you're talking from in Paris. And I know a lot of Americans who have come to Europe, London, Paris, elsewhere, and really struggled to make friends. Would, for Americans who are seriously thinking of leaving Trump's America, what kind of welcome are they gonna get in Europe?Simon Kuper: I mean, it's true that I haven't seen anti-Americanism as strong as this in my, probably in my lifetime. It might have been like this during the Vietnam War, but I was a child, I don't remember. So there is enormous antipathy to, let's say, to Trumpism. So two, I had two visiting Irish people, I had lunch with them on Friday, who both work in the US, and they said, somebody shouted at them on the street, Americans go home. Which I'd never heard, honestly, in Paris. And they shouted back, we're not American, which is a defense that doesn't work if you are American. So that is not nice. But my sense of Americans who live here is that the presumption of French people is always that if you're an American who lives here, you're not a Trumpist. Just like 20 years ago, if you are an American lives here you're not a supporter of George W. Bush. So there is a great amount of awareness that there are Americans and Americans that actually the most critical response I heard to my article was from Europeans. So I got a lot of Americans saying, yeah, yeah. I agree. I want to get out of here. I heard quite a lot of Europeans say, for God's sake, don't encourage them all to come here because they'll drive up prices and so on, which you can already see elements of, and particularly in Barcelona or in Venice, basically almost nobody lives in Venice except which Americans now, but in Barcelona where.Andrew Keen: Only rich Americans in Venice, no other rich people.Simon Kuper: It has a particular appeal to no Russians. No, no one from the gulf. There must be some there must be something. They're not many Venetians.Andrew Keen: What about the historical context, Simon? In all seriousness, you know, Americans have, of course, fled the United States in the past. One thinks of James Baldwin fleeing the Jim Crow South. Could the Americans now who were leaving the universities, Tim Schneider, for example, has already fled to Canada, as Jason Stanley has as well, another scholar of fascism. Is there stuff that American intellectuals, liberals, academics can bring to Europe that you guys currently don't have? Or are intellectuals coming to Europe from the US? Is it really like shipping coal, so to speak, to Newcastle?Simon Kuper: We need them desperately. I mean, as you know, since 1933, there has been a brain drain of the best European intellectuals in enormous numbers to the United States. So in 1933, the best university system in the world was Germany. If you measure by number of Nobel prizes, one that's demolished in a month, a lot of those people end up years later, especially in the US. And so you get the new school in New York is a center. And people like Adorno end up, I think, in Los Angeles, which must be very confusing. And American universities, you get the American combination. The USP, what's it called, the unique selling point, is you have size, you have wealth, you have freedom of inquiry, which China doesn't have, and you have immigration. So you bring in the best brains. And so Europe lost its intellectuals. You have very wealthy universities, partly because of the role of donors in America. So, you know, if you're a professor at Stanford or Columbia, I think the average salary is somewhere over $300,000 for professors at the top universities. In Europe, there's nothing like that. Those people would at least have to halve their salary. And so, yeah, for Europeans, this is a unique opportunity to get some of the world's leading brains back. At cut price because they would have to take a big salary cut, but many of them are desperate to do it. I mean, if your lab has been defunded by the government, or if the government doesn't believe in your research into climate or vaccines, or just if you're in the humanities and the government is very hostile to it, or, if you write on the history of race. And that is illegal now in some southern states where I think teaching they call it structural racism or there's this American phrase about racism that is now banned in some states that the government won't fund it, then you think, well, I'll take that pay cost and go back to Europe. Because I'm talking going back, I think the first people to take the offer are going to be the many, many top Europeans who work at American universities.Andrew Keen: You mentioned at the end of Europe essay, the end of the American dream. You're quoting Trump, of course, ironically. But the essay is also about the end of the America dream, perhaps the rebirth or initial birth of the European dream. To what extent is the American dream, in your view, and you touched on this earlier, Simon, dependent on the great minds of Europe coming to America, particularly during and after the, as a response to the rise of Nazism, Hannah Arendt, for example, even people like Aldous Huxley, who came to Hollywood in the 1930s. Do you think that the American dream itself is in part dependent on European intellectuals like Arendt and Huxley, even Ayn Rand, who not necessarily the most popular figure on the left, but certainly very influential in her ideas about capitalism and freedom, who came of course from Russia.Simon Kuper: I mean, I think the average American wouldn't care if Ayn Rand or Hannah Arendt had gone to Australia instead. That's not their dream. I think their American dream has always been about the idea of social mobility and building a wealthy life for yourself and your family from nothing. Now almost all studies of social ability say that it's now very low in the US. It's lower than in most of Europe. Especially Northern Europe and Scandinavia have great social mobility. So if you're born in the lower, say, 10% or 20% in Denmark, you have a much better chance of rising to the top of society than if you were born at the bottom 10%, 20% in the US. So America is not very good for social mobility anymore. I think that the brains that helped the American economy most were people working in different forms of tech research. And especially for the federal government. So the biggest funder of science in the last 80 years or so, I mean, the Manhattan Project and on has been the US federal government, biggest in the world. And the thing is you can't eat atom bombs, but what they also produce is research that becomes hugely transformative in civilian life and in civilian industries. So GPS or famously the internet come out of research that's done within the federal government with a kind of vague defense angle. And so I think those are the brains that have made America richer. And then of course, the number of immigrants who found companies, and you see this in tech, is much higher than the number percentage of native born Americans who do. And a famous example of that is Elon Musk.Andrew Keen: Yeah, and you were on the show just before Christmas in response to your piece about Musk, Thiel and the shadow of apartheid in South Africa. So I'm guessing you don't want the Musks and Thiels. They won't be welcome in Europe, will they?Simon Kuper: I don't think they want to go. I mean, if you want to create a tech company, you want very deep capital markets. You want venture capital firms that are happy to bet a few billion on you. And a very good place to do that, the best place in the world by far, is Silicon Valley. And so a French friend of mine said he was at a reception in San Francisco, surrounded by many, many top French engineers who all work for Silicon Valley firms, and he thought, what would it take them to come back? He didn't have an answer. Now the answer might be, maybe, well, Donald Trump could persuade them to leave. But they want to keep issuing visas for those kinds of people. I mean, the thing is that what we're seeing with Chinese AI breakthroughs in what was called DeepSeek. Also in overtaking Tesla on electric cars suggests that maybe, you know, the cutting edge of innovation is moving from Silicon Valley after nearly 100 years to China. This is not my field of expertise at all. But you know the French economist Thomas Filippon has written about how the American economy has become quite undynamic because it's been taken over by monopolies. So you can't start another Google, you can start another Amazon. And you can't build a rival to Facebook because these companies control of the market and as Facebook did with WhatsApp or Instagram, they'll just buy you up. And so you get quite a much more static tech scene than 30 years ago when really, you know, inventions, great inventions are being made in Silicon Valley all the time. Now you get a few big companies that are the same for a very long period.Andrew Keen: Well, of course, you also have OpenAI, which is a startup, but that's another conversation.Simon Kuper: Yeah, the arguments in AI is that maybe China can do it better.Andrew Keen: Can be. I don't know. Well, it has, so to speak, Simon, the light bulb gone off in Europe on all this on all these issues. Mario Draghi month or two ago came out. Was it a white paper or report suggesting that Europe needed to get its innovation act together that there wasn't enough investment or capital? Are senior people within the EU like Draghi waking up to the reality of this historical opportunity to seize back economic power, not just cultural and political.Simon Kuper: I mean, Draghi doesn't have a post anymore, as far as I'm aware. I mean of course he was the brilliant governor of the European Central Bank. But that report did have a big impact, didn't it? It had a big impact. I think a lot of people thought, yeah, this is all true. We should spend enormous fortunes and borrow enormous fortunes to create a massive tech scene and build our own defense industries and so on. But they're not going to do it. It's the kind of report that you write when you don't have a position of power and you say, this is what we should do. And the people in positions of power say, oh, but it's really complicated to do it. So they don't do it, so no, they're very, there's not really, we've been massively overtaken and left behind on tech by the US and China. And there doesn't seem to be any impetus, serious impetus to build anything on that scale to invest that kind of money government led or private sector led in European tech scene. So yeah, if you're in tech. Maybe you should be going to Shanghai, but you probably should not be going to Europe. So, and this is a problem because China and the US make our future and we use their cloud servers. You know, we could build a search engine, but we can't liberate ourselves from the cloud service. Defense is a different matter where, you know, Draghi said we should become independent. And because Trump is now European governments believe Trump is hostile to us on defense, hostile to Ukraine and more broadly to Europe, there I think will be a very quick move to build a much bigger European defense sector so we don't have to buy for example American planes which they where they can switch off the operating systems if they feel like it.Andrew Keen: You live in Paris. You work for the FT, or one of the papers you work for is the FT a British paper. Where does Britain stand here? So many influential Brits, of course, went to America, particularly in the 20th century. Everyone from Alfred Hitchcock to Christopher Hitchens, all adding enormous value like Arendt and Ayn Rand. Is Britain, when you talk of Europe, are you still in the back of your mind thinking of Britain, or is it? An island somehow floating or stuck between America, the end of the American dream and the beginning of the European dream. In a way, are you suggesting that Brits should come to Europe as well?Simon Kuper: I think Britain is floating quite rapidly towards Europe because in a world where you have three military superpowers that are quite predatory and are not interested in alliances, the US, China and Russia, the smaller countries, and Britain is a smaller country and has realized since Brexit that it is a small country, the small countries just need to ally. And, you know, are you going to trust an alliance with Trump? A man who is not interested in the fates of other countries and breaks his word, or would you rather have an alliance with the Europeans who share far more of your values? And I think the Labor government in the UK has quietly decided that, I know that it has decided that on economic issues, it's always going to prioritize aligning with Europe, for example, aligning food standards with Europe so that we can sell my food. They can sell us our food without any checks because we've accepted all their standards, not with the US. So in any choice between, you know, now there's talk of a potential US-UK trade deal, do we align our standards with the US. Or Europe? It's always going to be Europe first. And on defense, you have two European defense powers that are these middle powers, France and the UK. Without the UK, there isn't really a European defense alliance. And that is what is gonna be needed now because there's a big NATO summit in June, where I think it's going to become patently obvious to everyone, the US isn't really a member of NATO anymore. And so then you're gonna move towards a post US NATO. And if the UK is not in it, well, it looks very, very weak indeed. And if UK is alone, that's quite a scary position to be in in this world. So yeah, I see a UK that is not gonna rejoin the European Union anytime soon. But is more and more going to ally itself, is already aligning itself with Europe.Andrew Keen: As the worm turned, I mean, Trump has been in power 100 days, supposedly is limited to the next four years, although he's talking about running for a third term. Can America reverse itself in your view?Simon Kuper: I think it will be very hard whatever Trump does for other countries to trust him again. And I also think that after Trump goes, which as you say may not be in 2028, but after he goes and if you get say a Biden or Obama style president who flies to Europe and says it's all over, we're friends again. Now the Europeans are going to think. But you know, it's very, very likely that in four years time, you will be replaced by another America first of some kind. So we cannot build a long term alliance with the US. So for example, we cannot do long term deals to buy Americans weapons systems, because maybe there's a president that we like, but they'll be succeeded by a president who terrifies us quite likely. So, there is now, it seems to me, instability built in for the very long term into... America has a potential ally. It's you just can't rely on this anymore. Even should Trump go.Andrew Keen: You talk about Europe as one place, which, of course, geographically it is, but lots of observers have noted the existence, it goes without saying, of many Europe's, particularly the difference between Eastern and Western Europe.Simon Kuper: I've looked at that myself, yes.Andrew Keen: And you've probably written essays on this as well. Eastern Europe is Poland, perhaps, Czech Republic, even Hungary in an odd way. They're much more like the United States, much more interested perhaps in economic wealth than in the other metrics that you write about in your essay. Is there more than one Europe, Simon? And for Americans who are thinking of coming to Europe, should it be? Warsaw, Prague, Paris, Madrid.Simon Kuper: These are all great cities, so it depends what you like. I mean, I don't know if they're more individualistic societies. I would doubt that. All European countries, I think, could be described as social democracies. So there is a welfare state that provides people with health and education in a way that you don't quite have in the United States. And then the opposite, the taxes are higher. The opportunities to get extremely wealthy are lower here. I think the big difference is that there is a part of Europe for whom Russia is an existential threat. And that's especially Poland, the Baltics, Romania. And there's a part of Europe, France, Britain, Spain, for whom Russia is really quite a long way away. So they're not that bothered about it. They're not interested in spending a lot on defense or sending troops potentially to die there because they see Russia as not their problem. I would see that as a big divide. In terms of wealth, I mean, it's equalizing. So the average Pole outside London is now, I think, as well off or better than the average Britain. So the average Pole is now as well as the average person outside London. London, of course, is still.Andrew Keen: This is the Poles in the UK or the Poles.Simon Kuper: The Poles in Poland. So the Poles who came to the UK 20 years ago did so because the UK was then much richer. That's now gone. And so a lot of Poles and even Romanians are returning because economic opportunities in Poland, especially, are just as good as in the West. So there has been a little bit of a growing together of the two halves of the continent. Where would you live? I mean, my personal experience, having spent a year in Madrid, it's the nicest city in the world. Right, it's good. Yeah, nice cities to live in, I like living in big cities, so of big cities it's the best. Spanish quality of life. If you earn more than the average Spaniard, I think the average income, including everyone wage earners, pensioners, students, is only about $20,000. So Spaniards have a problem with not having enough income. So if you're over about $20000, and in Madrid probably quite a bit more than that, then it's a wonderful life. And I think, and Spaniards live about five years longer than Americans now. They live to about age 84. It's a lovely climate, lovely people. So that would be my personal top recommendation. But if you like a great city, Paris is the greatest city in the European Union. London's a great, you know, it's kind of bustling. These are the two bustling world cities of Europe, London and Paris. I think if you can earn an American salary, maybe through working remotely and live in the Mediterranean somewhere, you have the best deal in the world because Mediterranean prices are low, Mediterranean culture, life is unbeatable. So that would be my general recommendation.Andrew Keen: Finally, Simon, being very generous with your time, I'm sure you'd much rather be outside in Paris in what you call the greatest city in the EU. You talk in the piece about three metrics that show that it's time to move to Europe, housing, education, sorry, longevity, happiness and the environment. Are there any metrics at all now to stay in the United States?Simon Kuper: I mean, if you look at people's incomes in the US they're considerably higher, of course, your purchasing power for a lot of things is less. So I think the big purchasing power advantage Americans have until the tariffs was consumer goods. So if you want to buy a great television set, it's better to do that out of an American income than out of a Spanish income, but if you want the purchasing power to send your kids to university, to get healthcare. Than to be guaranteed a decent pension, then Europe is a better place. So even though you're earning more money in the US, you can't buy a lot of stuff. If you wanna go to a nice restaurant and have a good meal, the value for money will be better in Europe. So I suppose if you wanna be extremely wealthy and you have a good shot at that because a lot people overestimate their chance of great wealth. Then America is a better bet than Europe. Beyond that, I find it hard to right now adduce reasons. I mean, it's odd because like the Brexiteers in the UK, Trump is attacking some of the things that really did make America great, such as this trading system that you can get very, very cheap goods in the United States, but also the great universities. So. I would have been much more positive about the idea of America a year ago, but even then I would've said the average person lives better over here.Andrew Keen: Well, there you have it. Simon Cooper says to Americans, it's time to move to Europe. The American dream has ended, perhaps the beginning of the European dream. Very provocative. Simon, we'll get you back on the show. Your column is always a central reading in the Financial Times. Thanks so much and enjoy Paris.Simon Kuper: Thank you, Andrew. Enjoy San Francisco. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
In this episode, Captain Troels “TEO” Vang joins The Afterburn Podcast host, John “Rain” Waters. As one of the most experienced F-16 pilots in the Royal Danish Air Force, TEO offers an in-depth look into the life of a European Viper driver with more than two decades of combat aviation experience. From missions over Libya, Iraq, Syria, and the Baltics to leading Denmark's F-16 solo display team across Europe, TEO shares powerful insights into tactical flying, military leadership, and the future of fighter aviation. He and Rain discuss the cultural and structural contrasts between the U.S. and Danish Air Forces, and how Denmark's 37-hour workweek model may be the secret to long-term pilot retention. TEO also unpacks the evolution of the Danish demo jet—including the iconic “Dannebrog” paint scheme honoring the world's oldest national flag and the F-16's 50th anniversary. Whether he's intercepting Russian aircraft or wowing crowds at international airshows, Captain TEO exemplifies the mindset and mission of the fighter pilot brotherhood. Subscribe for more veteran stories, tactical airpower insight, and global combat aviation perspectives.
Russia's now actively trying to interfere in the Baltics again, which has made some people a bit uppity. Thankfully, they continue to be systematically corrupt and incompetent. Oh, and another letter by Igor Girkin. He's awaiting the storm.Support this show http://supporter.acast.com/theeasternborder. Hosted on Acast. See acast.com/privacy for more information.
In this episode, we speak with Martin Gauss, former CEO of airBaltic, who transformed the Latvian flag carrier into one of Europe's most innovative airlines while connecting the entire Baltic region.Gauss discusses:The benefits of operating a single-fleet airline with the highly efficient Airbus A220-300, resulting in 30% lower fuel consumption than older generation aircraft and contributing to airBaltic's path to carbon neutrality by 2050.airBaltic's innovative dual business model that combines scheduled operations with wet lease services for major carriers like Lufthansa Group, creating flexibility and financial resilience.The airline's commitment to sustainability through fleet modernisation, gradually increasing SAF usage, and partnerships with innovative manufacturers like Fokker NextGen for hydrogen-powered aircraft.How airBaltic established itself as an industry leader in adopting new technologies, from becoming the first airline to accept Bitcoin in 2014 to pioneering Starlink internet service in Europe.His perspective on balancing growth with sustainability, emphasising that connectivity is essential for economic development while working toward emission-free aviation.The Baltic states' capacity for innovation, demonstrating how a small country like Latvia can lead the way in aviation technology and sustainability.As an airline pilot-turned-CEO, Gauss offers valuable insights into how smaller airlines can lead industry change through bold technology choices and business model innovation.If you LOVED this episode, you'll also love the conversation we had with Anko van der Werff, President & CEO of Scandinavian Airlines (SAS), who shares the airline's ambitious sustainability initiatives. Check it out here. Learn more about the innovators who are navigating the industry's challenges to make sustainable aviation a reality, in our new book ‘Sustainability in the Air'. Click here to learn more.Feel free to reach out via email to podcast@simpliflying.com. For more content on sustainable aviation, visit our website green.simpliflying.com and join the movement. It's about time.Links & More:ESG - airBaltic Fokker Next Gen partners with airBaltic on new liquid hydrogen powered commercial aircraft – GreenAir News airBaltic achieves one-Year milestone in increased SAF implementation - Travel And Tour World airBaltic to Expand Training Fleet With All-Electric eD40 - FLYING Magazine
Two trips to two cities - Vilnius in Lithuania and Tartu in Estonia. In Vilnius, you'll discover a city where ancient history meets bohemian creativity, where mermaids cast spells from riverbanks, and where an entire neighbourhood declared itself an independent republic. Tartu is dominated by the oldest university in the Baltics and presents a uniquely preserved cultural landscape that has evolved from medieval origins to modern street art. Join me as we explore Vilnius and Tartu. Thanks for listening!
The sudden disappearance of 4 American soldiers near Lithuania's border with Belarus received worldwide attention for both the urgency of the story and the mystery. The search and rescue, and the subsequent recovery efforts, have been described as an engineering feat of herculean proportions. How did this happen? What should we consider? Mike "Main Gun" Bajema served more than 20 years in the U.S. military, retiring as a Lieutenant Colonel in the U.S. Army. As a retired Armor Officer, he commanded multiple units from Company to Battalion, which included not only tanks but M88s - the military vehicle at the center of the story. Mike helps explain the importance of the location where this incident took place, what potential dangers to consider, and what questions to ask moving forward to prevent it from happening again. SUPPORT OUR MISSION Shop our gear! If you'd like to help support SmartHER News' mission of a free, independent, nonpartisan press – here's how you can become a SCOOP insider: https://www.scoop.smarthernews.com/get-the-inside-scoop/ Instagram: https://www.instagram.com/smarthernews/ Website: https://smarthernews.com/ YouTube Channel: https://www.youtube.com/smarthernews
All Family Pharmacy https://allfamilypharmacy.com/HermanBe prepared for when you need medicine the most. Don't go to urgent care YUCK. Use code HERMAN10 to save 10% on your order. Alan's Soaps https://www.alansartisansoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bioptimizers https://bioptimizers.com/toddEnter promo code TODD to get 10% off any order.Bonefrog https://bonefrogcoffee.com/toddThe new GOLDEN AGE is here! Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.Bulwark Capital Bulwark Capital Management (bulwarkcapitalmgmt.com)Get a second opinion on the health of your retirement portfolio today. Schedule your free Know Your Risk Portfolio review go to KnowYourRiskRadio.com today.Renue Healthcare https://renue.healthcare/toddYour journey to a better life starts at Renue Healthcare. Visit https://Renue.Healthcare/ToddCS Lewis once said "Of all tyrannies, a tyranny sincerely exercised for the good of it's victims may be the most oppressive..." The question today is - Can we rescue the woke elite from this delusion?Episode Links:The Davos devolution; and the revolution underway - EL GATO MALOSame Driver as before harassing other Tesla owner in Fargo North Dakota The Rise of the Brutal American; This is how the bad guys act. By Anne Applebaum writing in The Atlantic.The Biden Stranded NASA astronauts have sent a thank you to Elon Musk and Donald Trump. Surprise, surprise! The media never covered it…Three years ago, Joe Biden declared a “winter of death” for the unvaccinated. Never again with this insanity. Also, I don't know a single person who regrets **not** getting the COVID vax. Not one.Now with complete control of the Ukrainian government, then the Bidens began their dirty work. Biden visited Ukraine 13+ times, securing US funding for Ukrainian oligarchs. Then used his power to fire a State prosecutor who figured out Biden's kick-back/laundering scheme.Donald Trump's advisor, Alina Habba, discovered the fake Oval Office where Joe Biden allegedly pretended to be president. The room includes a teleprompter positioned directly in front of him and a smaller desk for when he would play his role as president. The whole setup looks like a Hollywood studio.Joe Biden in 1997: Admitting the Baltic States into NATO would cause a vigorous and hostile reaction from Russia. Fast forward to today, and NATO has expanded right up to Russia's border in the Baltics, and has triggered the vigorous and hostile reaction from Russia by crossing the last red line of Ukraine. @ggreenwald “Simply by opposing the U.S. war in Ukraine, or questioning the false claims of the United States and its media about the war, you will be counted as a pro-Russian propagandist who should be censored from the Internet under EU law because you have quote, ‘ideological alignment with the Russian state.'”Islamic scholars in UK are shocked and appalled that British women dare to show themselves and even dare to laugh in public. They say Allah is very angry with this.JASMINE CROCKETT: "Free speech is not about whatever it is thatch'all want somebody to say - and the idea thatchu wanna shut down everybody that is not Fox News is BULLSH*T! We need to stop playin'! Because that's whatch'all are doin' in here!"
Send us a textIn this episode our travels to uncover Railway stories take us to Anglesey to meet Walter Glynn Davis, the 81 year old chair of Lein Amlwch – Anglesey Central Railway Ltd, a group who are working to bring the Amlwch to Gerwen line back into service. Walter, retired teacher travelled, on the last passenger train in 1964 and being a local man from Amlwch the line has been his passion ever since. We talk to the new job share General Managers: Liz Porrett and Lorraine Simkiss at the Talyllyn Railway on International Women's Day, discussing the challenges facing Welsh Railways with the tourist tax and looking ahead at the fabulous season they have planned.I made a visit to longest public narrow gauge railway in the Baltics, the Siaurukas line in Lithuania and hear from its Director, Darius Sharon Gregory heads off on another Railway Rideout, this time to the Churnet Valley Railway in Staffordshire, and we go to Sussex where 86 year old Bluebell Railway lineside volunteer John Deane has walked the length of the line, on the ballast, for a charity close to his heart.#ChurnetValley #BluebellRailway #Talyllyn #IWD #AngleseyCentralRailway 'Links to the Railways mentioned in this episode:The Tallylyn Railway Llein Amlwch / Anglesey Central Railway LimitedLink to story of the damaged railway bridge 2019 Churnet Valley Railway Voluteer in Lithuania: Contact darius.liutikas@siaurukas.eu Director of the Siarukas Railway to find out about volunteering opportunities.The Bluebell RailwayJohn Deane's fundraiser for the British Heart Foundation This podcast is produced by Laura Raymond and presented by Alasdair Stewart Our 'Making Tracks' music is with kind permission of composer and musician Richard Durrant. It is a unique piece inspired by the rhythm of the historic rolling stock on the Ffestiniog Railway on the scenic journey from Harbour Station to Tan y Blwch. You can listen and download the full 'Tan y Bwlch' Ukulele Quartet here: Thank you to voice artist David King - for the Railway Ride outs voice over. Ukulele Quartet No. 1 "Tan y Bwlch" Ukulele Quartet No. 1 "Tan y Bwlch" Richard Durrant · Single · 2019 · 3 songs.
Youtube - https://youtu.be/gQa204zHovUCurious Worldview Newsletter - https://curiousworldview.beehiiv.com/subscribeAxel Humlesjö is a Swedish journalist against which money laundering, the plumbing of offshore finance and the cancerous nature of dark money, continuously crash up against.Axel was a part of the team that uncovered systematic money laundering activities with Swedbank in the Baltics. Part of the team behind the series - The Shadow War - which exposed Russian espionage activities in the Nordics and led to the expulsion of five Russian spies from Sweden. Many other stories as well, but of course co-author of his debut book, The Honey Trap which explores Swedbank's involvement in one of the world's largest money laundering scandals and details this extensive operation for how the Russian security service uses sparrows and other means to honey trap and acquire kompromat on a broad slew of people. Honey traps were used directly to illicit compromising material to infiltrate Swedbank.This podcast goes into Axel's views on the evolution of journalism in a globalised world, and the significant role that money plays in shaping political landscapes. He goes as far to say it is the single biggest societal issue facing Europe and how intertwined money laundering is with currying foreign influence. This was recorded in person in Stockholm with Axel last December, it was the last interview I recorded before I left the country.00:00 - Axel Humlesjö 01:30 - Journalism in a Globalised World06:23 - The Impact of Money Laundering on Democracy13:28 - The Influence of Russian Oligarchs15:48 - The Structural Damage of Under Money25:38 - The Iceberg of Financial Corruption41:53 - The Impact of Money Laundering on Society48:58 - The Kompromat Strategy: Honey Traps and Coercion01:07:01 - The Future of Investigative Journalism
Estonia, one of the Baltic states, sits on Europe's front line with Russia. The country that was, like Ukraine, once part of the Soviet Union is increasingly worried about the threat Putin poses, and has plans in place if there is an invasion. But, if western Europe can no longer rely on the transatlantic alliance, will it work? And what could Britain learn from it?This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestoryGuest: Oliver Moody, Berlin Correspondent, The Times and The Sunday Times.Host: Manveen Rana.Producer: Olivia Case.Further reading: Could Poland and Germany acquire nuclear bombs?Further listening: ‘A lawlessness that's deeply alarming': William Hague on Trump's new presidency.Photo: Getty Images.Get in touch: thestory@thetimes.com Hosted on Acast. See acast.com/privacy for more information.
Our two royal correspondents with a preview of their special assignment in the Baltics. Hosted on Acast. See acast.com/privacy for more information.
Today I'm talking with the founders of the largest legal innovation conference in Northern Europe, FutureLaw:Valentin Feklistov and Alex Bitskov.This is a place where legal, tech, and business meet on equal ground.Where discussions aren't just theoretical but global, practical, and forward-thinking.The first FutureLaw conference began in 2023, bringing together leaders from the Nordics, the Baltics, and beyond.By 2024 it had become truly international.Over 40 nations.World-class speakers from Asia to America.And 2025 is set to be better.Because the future of law isn't built in isolation.It's built through collaboration.For legal professionals, this isn't just another event, it's an opportunity.To learn from the best minds in legal tech, business, and practice.To see how technology is reshaping law firms, access to justice, and client service.To future-proof your career in a profession that's evolving faster than ever.The legal industry is changing. You can watch from the sidelines.Or you can step into the room where the future of law is being shaped.FutureLaw is happening in Tallin, Estonia, 29th - 30th May 2025.Find out more here: https://futurelaw.ee/ Hosted on Acast. See acast.com/privacy for more information.
‘The Foreign Desk’ speaks to leaders from Nato’s Baltic members about the vexing, existential questions they face: what happens if Russia strikes one of them? Is Nato’s Article 5 the unassailable security that it used to be? Is it worthwhile to keep telling Western Europe “we told you so”?See omnystudio.com/listener for privacy information.
In this episode, we break down regional reactions to the now infamous meeting between Donald Trump, JD Vance and Volodymyr Zelenskyy at the Oval Office. We also look at why it was a mistake not to invite the Baltics to the Ukraine Summit in London.
On the GZERO World Podcast, we're bringing you two starkly different views on Ukraine's future and European security. First, Ian Bremmer speaks with Latvian Foreign Minister Baiba Braže about the growing security threats facing the Baltics—from cyberattacks and disinformation to undersea sabotage in the Baltic Sea. When an oil tanker linked to Russia's shadow fleet recently severed a vital power cable between Estonia and Finland, it was a stark reminder of how hybrid warfare is playing out beyond the battlefield. Braže warns that Putin's ambitions extend far beyond Ukraine, aiming to weaken US alliances and destabilize Europe. She also pushes back against claims that Ukraine's NATO ambitions provoked the war, calling them “complete nonsense,” and outlines why Latvia is boosting its defense spending to 5% of GDP.The conversation then shifts to Moscow, where Bremmer speaks with former Russian colonel and ex-Carnegie Moscow Center director Dmitri Trenin. Once considered a pro-Western voice, Trenin's views now align closely with the Kremlin. He argues that the fate of Ukraine should be decided primarily by Russia and the United States—not Ukraine or Europe.Host: Ian BremmerGuest: Baiba Braže & Dmitri Trenin Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published.
On the GZERO World Podcast, we're bringing you two starkly different views on Ukraine's future and European security. First, Ian Bremmer speaks with Latvian Foreign Minister Baiba Braže about the growing security threats facing the Baltics—from cyberattacks and disinformation to undersea sabotage in the Baltic Sea. When an oil tanker linked to Russia's shadow fleet recently severed a vital power cable between Estonia and Finland, it was a stark reminder of how hybrid warfare is playing out beyond the battlefield. Braže warns that Putin's ambitions extend far beyond Ukraine, aiming to weaken US alliances and destabilize Europe. She also pushes back against claims that Ukraine's NATO ambitions provoked the war, calling them “complete nonsense,” and outlines why Latvia is boosting its defense spending to 5% of GDP.The conversation then shifts to Moscow, where Bremmer speaks with former Russian colonel and ex-Carnegie Moscow Center director Dmitri Trenin. Once considered a pro-Western voice, Trenin's views now align closely with the Kremlin. He argues that the fate of Ukraine should be decided primarily by Russia and the United States—not Ukraine or Europe.Host: Ian BremmerGuest: Baiba Braže & Dmitri Trenin Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published.
BVU's Band & Choir go to the Baltics by KBVU 97.5 The Edge
Rob is off this week! Instead, Jacob is rejoined by former colleague and current chief geopolitical strategist at BCA Research Matt Gertken. They recap the week in geopolitics – specifically, the seachange in U.S. foreign policy toward Europe, the potential role of Turkey, and the future of the Black Sea. They close with thoughts on China and the Middle East.--Timestamps:(00:00) - Intro(01:30) – Gravity of the moment(12:30) – Will Russia invade the Baltics?(19:10) – Turkey & the Black Sea(33:00) – Germany(40:25) – China(50:38) – Iran and the Middle East--Jacob Shapiro Site: jacobshapiro.comJacob Twitter: x.com/JacobShapCI Site: cognitive.investmentsSubscribe to the Newsletter: bit.ly/weekly-sitrep--The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com --Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients' material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).--This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Erik’s requests to the Baltics may not have panned out, but it was still pretty super as far as Saturdays go. This week we’re looking back on the results in […]
Encouraging New Startups in the BalticsOne of TechChill's main goals is to inspire and support new startup founders in the Baltic region. With over €60 million in new funding available, there's never been a better time for entrepreneurs in Latvia and beyond to launch their ideas. TechChill is positioning itself as a key player in guiding these founders by providing expert-led content on business growth, funding, and scaling strategies.A Shift Toward Practical, Founder-Focused ContentWhile TechChill has always prioritized startups, the event has refined its focus on delivering content that directly benefits founders. From sales and marketing to tech and funding, each aspect of the event is designed to help early-stage companies grow. By packaging these insights into accessible sessions, TechChill ensures that attendees leave with actionable knowledge.Expanding Beyond Events: A Year-Round Startup Support NetworkTechChill is more than just a once-a-year event. Throughout the year, the organization promotes Baltic startups internationally, helping them gain exposure in key markets like San Francisco and Helsinki. By connecting founders with investors and global tech leaders, TechChill plays a crucial role in strengthening the region's startup ecosystem.Lessons from Expanding into ItalyTechChill's attempt to expand into Milan was an eye-opening experience. While the event was well-received, it highlighted the importance of having strong local partners to build a lasting community. Cultural and business differences also played a role, making it clear that successful ecosystem building requires deep local engagement. This experience reinforced TechChill's commitment to focusing on the Baltics while selectively exploring high-impact collaborations.Supporting Ukraine's Startup EcosystemTechChill has also taken an active role in supporting Ukraine's startup community. Recognizing Ukraine's strong talent pool and growing entrepreneurial spirit, TechChill has facilitated connections between Baltic and Ukrainian founders, investors, and community builders. Their efforts, including trips to Kyiv and partnerships with local stakeholders, aim to create meaningful opportunities for Ukrainian startups despite ongoing challenges.TechChill's evolution reflects a broader mission: to make the Baltics a thriving hub for innovation. By fostering new startups, offering hands-on learning, and expanding international connections, it continues to shape the future of the region's tech ecosystem. Find Julija Jegorova on:LinkedIn: Julija Jegorova Find Ben on:LinkedIn: Ben CostantiniTwitter/X: @bencostantini Be sure to follow Sesamers on Instagram, LinkedIn, and X for more cool stories from the people we catch during the best Tech events!
Donald Trump and Narendra Modi announce a massive partnership across multiple sectors, Volodymyr Zelenskyy suggests that Vladamir Putin will target Poland or the Baltics in 2026, Tensions rise between China and Australia after an incident above the South China Sea, The UK's Rachel Reeves faces criticism for her social media posts and expenses, The European Commision withdraws its AI liability directive, A EU court advisor finds Denmark's 'Ghetto Law' discriminatory, Russia secures its first African naval base deal in Sudan, A judge blocks Trump's USAID funding freeze, Multiple lawsuits target DOGE's US government access, and researchers create AI-developed enzymes in a potential scientific breakthrough. Sources: www.verity.news
Caroline Eden is a writer and literary critic. She's also the author of many terrific food and travel books, including Samarkand, Black Sea, and Red Sands. She has been awarded both the Art of Eating Prize and an André Simon Award, and Red Sands was a book of the year for the Financial Times, the Sunday Times, and the New Yorker. In this episode, we talk about Caroline's terrific new book, a memoir titled Cold Kitchen. The book is a real journey through parts of Eastern Europe, the Baltic region, and beyond, and it dives into Caroline's travels through Russia, Bulgaria, Georgia, and many other locations that perhaps don't get the time they deserve. Caroline is a brilliant reporter and we had such a great time catching up with her.Do you enjoy This Is TASTE? Drop us a review on Apple, or star us on Spotify. We'd love to hear from you. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
At the start of this episode, Adam, Nina, and Alexandra discuss developments in the Georgian opposition, the shifting US stance on Ukraine, cultural anecdotes from Russia, the resignation of the Romanian president and the Baltics' energy decoupling. For the main interview, Alexandra is joined by James Kerr-Lindsay, a leading author and expert in international relations, conflict and security to discuss the case of Kosovo, which declared its independence on February 17th 2008. They talk about what happened in the lead up to Kosovo's declaration of independence and what makes Kosovo a unique case under international law. You can watch more of James's content on his Youtube channel: https://www.youtube.com/channel/UCEszqJb1FjYisBevHBIof3gGet access to additional content - become a TEE patron: www.patreon.com/talkeasterneurope
Tonight on GeekNights, we discuss electronic payments. We grew up in a world where credit cards were imprinted on carbon paper and cheques were on physical paper. In the news, the Baltics have disconnected from the Russian power grid, Football Manager 25 will be skipped, and there's one weird trick to stop Google's terrible AI summaries.Related LinksDiscord ChatElectronic PaymentsForum ThreadElectronic PaymentsBluesky PostElectronic PaymentsThings of the DayRym - Sounds between the Crowns (2020)Scott - Destroying and Reprogramming the Sprite Engine of Ghosts 'n Goblins
Ecuador holds elections with tackling crime at the top of the agenda. Plus: A tit-for-tat tariff war between China and the US, Bethlehem’s declining visitors, why the Baltics have cut power from Russia and Superbowl fashions. See omnystudio.com/listener for privacy information.
World news in 7 minutes. Monday 10th February 2025.Today: Baltics electricity. Ukraine minerals offer. Ecuador election. Mexico bus crash. Namibia founding father. South Africa aid cut. Israel withdrawal. And Australia kangaroo IVF. With Ben MallettSEND7 is supported by our amazing listeners like you.Our supporters get access to the transcripts written by us every day.Our supporters get access to an English worksheet made by us once per week.Our supporters get access to our weekly news quiz made by us once per week.We give 10% of our profit to Effective Altruism charities.You can become a supporter at send7.org/supportContact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.We don't use AI! Every word is written and recorded by us!Since 2020, SEND7 (Simple English News Daily in 7 minutes) has been telling the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Ben Mallett and Juliet Martin every morning. Transcripts, worksheets and our weekly world news quiz are available for our amazing supporters at send7.org. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, TEFL teachers, and people with English as a second language, tell us that they use SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.For more information visit send7.org/contact or send an email to podcast@send7.org
Andrius Ladauskas, CEO of Venipak, discusses e-commerce and parcel delivery trends in the Baltics. Venipak company profile and competitive environment in the Baltics Pan-Baltic parcel locker network Comparing shopping patterns in Estonia, Lithuania and Latvia Challenges and opportunities with Chinese and European e-commerce businesses Importance of price in e-commerce volumes Parcel trends during peak season Delivery preferences across the Baltics Impact of pandemic on delivery preferences E-commerce payment preferences
On Friday, December 13, 2024, James Ginn and I discussed the Work of the United Church of God in Eastern Europe, Scandinavia, and the Baltics. James Ginn will be the coordinator of this area, continuing the magnificent work of Johnnie and Hazel Lambert here for 27 years. Meet James Ginn in this informative podcast. I thank all who have served in this area. James Ginn will also be an Editorial Writers for Church publications..
This podcast was created by James Ginn who is now Coordinator for Eastern Europe, Scandinavia, the Baltics and Editorial Writer for the United Church of God. His is continuing the work of Johnnie Lambert and myself.
THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH.There are about 45,000 Russian casualties a month now in Ukraine. That equates to a rate of 540,000 soldiers per year or about 1% of Russia's male, fighting-age population, thus the call to North Korea to supply troops. About 15% of Russia's population died in World War 2, so today's losses are modest in comparison but by modern standards an incomprehensible cost for territorial gain. Almost all of those who die come from Russia's hinterlands. An American equivalent would be if the Pentagon emptied US jails, drafted from the poorest zip codes, sent them to attack Canada, and then gave generous cash packages to the next of kin. Some provincial Russians have even welcomed the war because the poorest, most alcoholic locals have been disposed of and replaced with a cash subsidy. The question is if President-elect Trump will view Putin's negotiating position as strong. I don't know the answer. I do know Trump's answer has vast implications for geopolitics. China is weighing Taiwan, Iran is weighing its tactic of spreading death and chaos in the Middle East. This also matters for US government finances, bond yields, and equity valuations. Today, I want to talk about the policy choice and financial implications and also share a conversation I had with Lt. Gen (Ret) HR McMaster, Trump's former National Security Advisor. He offers a perspective I lack and I am grateful he made the time to talk with me and allowed me to share that conversation with you. US Policy DecisionWhile Republicans control the White House and Congress, there are splinters within the Party. Some are isolationists, others are internationalists. HR does not share his affiliation but he believes the US can be a force for good. If someone like Musk wants to cut government spending, he needs to slash either social security, medicare, or defense. Slashing defense would narrow the US budget deficit and be a radical restructuring of the global order. But such a sharp jag is off-brand for traditional Republicans. A report by Senator Wicker (R. Miss) is making the rounds. It is titled “Peace Through Strength” and is clearly meant for Trump's desk. Below is an excerpt. I put the key sentence in bold. America's national defense strategy and military budget are inadequate for the dangerous world in which we find ourselves. An emerging axis of aggressors is working to undermine U.S. interests across the globe. Congress and military leaders agree: The United States has not faced such a dangerous threat environment since the years before World War II. The epicenter of this test is Ukraine. Regardless of Party, US Presidents have not wanted to deal with Russia for the last quarter century. It's far away, has almost no economic relationship with the US, and is highly corrupt. But time and again, US Presidents have been forced to focus on Russia in a way that has sometimes sabotaged their domestic agenda. Could this happen to Trump 2.0?ContextPutin took over on December 31, 1999. Not long after problems began developing and each US President sought their best to ignore them for the same reason—they didn't want to engage in conflict. However, this has only allowed the situation in Russia to metastasize. This echoes the same process that unfolded in Germany in the 1930s, so Wicker's comment is apt. While Russian assassinations at home and abroad began early in Putin's reign, the key events where the US whiffed was when:* Russia annexed parts of Georgia under President Bush in 2008.* Russia annexed Crimea in 2014 under President Obama.* Russia fired on Ukrainian ships in 2018 traveling between Ukrainian ports under President Trump.* Russia invaded Ukraine in 2022 under President Biden.In each case, the response was bumbling and timid. Note that Russia and the US both signed the 1994 Budapest Memorandum whereby Ukraine gave up its nukes in return for its borders being secured. While it sounds extreme, I don't think it is a stretch to say that this is the 1930s with Putin playing the role of Hitler and the US playing the role of UK's Neville Chamberlain. Russia has slowly been swallowing more territory, violating international law, and threatening the West with nuclear war if the West intervenes. The assassinations on Western territory continue. Just last week, the UK foiled a Russian plot to murder investigative journalist Christo Grozev. If Putin isn't stopped in Ukraine, I believe he will move on, possibly to the Baltics. Fiscal ImplicationsThe US budget deficit is currently at 6%, even as the economy is strong. This is unusual. The only solution to narrow the deficit is by raising taxes and cutting spending. The solution isn't conceptually complicated but it is politically toxic. But what will Trump do? From what I can tell reading McMaster's books, Trump is conflicted. He wants to appear “strong” and also hates foreign entanglements. His ideal environments are neater, like Trump Tower or Mar a Lago or a golf course he owns. If he were to quickly sign a peace deal with Putin, I suspect Trump would look weak. But Ukraine is exactly the type of mess he wants to avoid. To deter Russia, the US is going to need to spend a lot of money. McMaster said he thought the US defense budget needed to go from 3% of GDP to 5% of GDP. Without tax hikes, that would drive the deficit to 8% of GDP and possibly drive bond yields to 5% or 6%. This then would hit the stock and housing markets. Since Trump got elected, US bond yields have fallen. It's interesting and counter-intuitive unless one thinks a significant adjustment in government spending is coming. This is also a bet that the Fed will cut rates later this month, of course. To be sure, If the Fed were strictly following an inflation mandate, they would not cut. Inflation in the US is around 3%. The target is 2%. The last major inflation print of the year comes out next week and is expected to be 3.3%. Trump confronting Putin is not in anyone's expectations. But if he goes down that route, it certainly is not priced into markets. This document is strictly confidential and is intended for authorized recipients of “A Letter from Paul” (the “Letter”) only. It includes personal opinions that are current as of the date of this Letter and does not represent the official positions of Kate Capital LLC (“Kate Capital”). This letter is presented for discussion purposes only and is not intended as investment advice, an offer, or solicitation with respect to the purchase or sale of any security. 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Linda McMahon for Education. Los Angeles rushes to be a sanctuary city. Texas to Trump: Take My Land, Please. Is China engaged in acts of war in the Baltics? Tony's 10 yr pick bourbon. Insurrection in DC, Dems are silent. Comcast to spin off NBC Universal. Greg Taylor. Rep. Nancy Mace is not backing down for standing up for women 7:36: Countertop Dishwasher for sale. More Trump Cabinet picks. Final Countdown to the end of the Biden Administration. Lefties leaving Twitter/X for Bluesky. The Russian economy is in a bad place. Who's going to buy MSNBC? UN trying to silence its critics. Jersey Mike's soldSee omnystudio.com/listener for privacy information.
Linda McMahon for Education. Los Angeles rushes to be a sanctuary city. Texas to Trump: Take My Land, Please. Is China engaged in acts of war in the Baltics? Tony's 10 yr pick bourbon. Insurrection in DC, Dems are silent. Comcast to spin off NBC Universal. See omnystudio.com/listener for privacy information.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Markus Villig is the Founder and CEO of Bolt, a global mobility platform with more than 200 million lifetime customers in more than 50 countries and 600 cities. Bolt has raised over €1 billion in funding from investors like Sequoia, D1 and G Squared, making Markus the youngest founder of a billion-dollar company in Europe. In Today's Episode with Markus Villig: 1. Starting an $8BN Company: How did Markus come up with the idea for Bolt before Uber existed? How did Markus find his co-founder? Why did 30 people turn down the chance to co-found Bolt? What are Markus' biggest tips on finding a co-founder? How did Markus use a $5K loan from his parents as the pre-seed round? How did Markus get the first riders for Bolt? What worked? What did not work? How did Markus get the first driver for Bolt? What worked? What did not work? 2. Expanding to be a Global Champion: How did Markus expand Bolt to $10M in ARR on just $1M of funding? What did the international expansion playbook look like? What worked? What did not work? How has it changed over time? What one simple change led to their becoming the leader in Africa? What was the best country to launch? What was the worst? What is the most profitable country today? What is the least? 3. The $8BN Company that no VC Wanted to Fund: Why did every large VC in Europe turn down Bolt early on? How did a real estate company in the Baltics save Bolt with lifeline funding? When did Sequoia come into the mix? Does Sequoia move the needle for your company when they invest? How do New York financially driven investors differ to the traditional VC ecosystem? What would Markus most like to change about the world of VC? 4. The Future: Micromobility, Self-Driving Cars, Uber: Will the rise of self-driving cars harm or help companies like Bolt and Uber? What is the future for micromobility? Does it cannibalise the core business for Bolt and Uber? What is Uber better at Bolt doing? What are Uber worse at than Bolt? How will that change moving forward? Waymo, buy or short? Why?