EconomyEthena expands USDe backing strategy to Binance bStocks and equity perpetuals
Ethena is adding Binance bStocks and equity perpetuals to the basis trade used to support USDe.

Ethena is adding Binance bStocks and equity perpetuals to the basis trade used to support USDe.

Bill Gates urged lawmakers in Washington to regulate artificial intelligence development, arguing that self-regulation by AI companies is insufficient and that governments should help oversee the field. His call came weeks after CEOs of several major U.S. AI labs agreed that the pace of progress should slow.

The UN General Assembly enters its fourth day with leaders from Lebanon, Iraq and Pakistan scheduled to speak. The US-Israel war on Iran is expected to remain a central focus.

Data from Yukon’s territorial health department indicates the territorial government continues to struggle to staff rural health centres. CBC’s analysis found the centres had no nurse on duty for 214 days during a year-long period.
Tatneft said its oil production rose 6.7% year on year to 14.32 million tons in the first half of 2026, while gas output increased 6.6% to 469 million cubic meters. It produced 7.98 million tons of petroleum products, down 9.63%, and 518,000 tons of gas products, up 9%.
Russian presidential spokesman Dmitry Peskov called the EU sanctions against former RT France editor-in-chief Ksenia Fyodorova blatant pressure on journalists and persecution of media representatives. The EU says her activities constitute “information manipulation” and undermine democracy in the bloc.
Thousands gathered at Pretoria’s Loftus Versfeld Stadium on 24 September 2026 as South Africa attempted to reclaim the Guinness World Records title for the largest number of people barbecuing at the same time.
Kirill Dmitriev, Russia’s special presidential envoy for investment and economic cooperation, said the coming winter could be the European Union’s worst since 2022 and would again expose what he called EU bureaucrats’ “energy suicide” in breaking with Russian energy. EU energy chief Dan Jorgensen had said record-high prices and possible US supply disruptions could make the winter especially difficult.
Russian Security Council Deputy Secretary Alexey Shevtsov said Berlin’s politically motivated rejection of Russian gas caused gas prices to rise fivefold over the past five years. He said the result was economic stagnation turning into recession, a sharp industrial decline and fewer jobs.
A woman who accused Jay-Z of raping her at 13 has formally withdrawn the claim, saying she had never met or spoken to Shawn Carter and that he engaged in no inappropriate conduct toward her. She said she received no money or threats. Carter is still suing her former lawyers, including Tony Buzbee, who said the declaration was new information.

MultiversX said its mainnet resumed block production on Sept. 24 after a recovery upgrade, roughly five days after an exploit-related halt. Kraken still listed EGLD as cancel-only, with deposits and withdrawals paused, so the network restart did not restore trading or transfers for Kraken customers.

India is considering requiring power plants to mix imported coal with domestic supplies, three government sources said. It would be the first such move since 2024, aimed at easing a supply crunch that has driven monthly spot power prices to their highest level since 2022.
Beijing Eswin Computing Technology is set to solicit orders from institutional and public investors on Monday for a Hong Kong IPO targeting about US$300 million, according to people familiar with the matter. Investor interest has already been gauged, with trading expected to begin on October 8.

Iran says it has proposed reopening the Strait of Hormuz within seven days if certain conditions are met, with peace talks then resuming. Qatar is relaying messages between Tehran and Washington in New York, but no diplomatic breakthrough has emerged. Iran wants sanctions relief and security guarantees addressed first, while the US wants immediate talks on Iran’s nuclear programme.

Oil prices edged lower on Friday as markets considered the prospect of a truce between the United States and Iran while remaining concerned about Houthi rebel bombing in Saudi Arabia. Prices had surged for a week before the decline.
US and Iranian negotiators are reportedly considering a phased arrangement under which Tehran would reopen the Strait of Hormuz and Washington would remove its blockade of Iranian ports, according to a person familiar with the talks.
Russian Deputy Foreign Minister Andrey Rudenko said South Korea has quite a few supporters of normalizing political dialogue with Moscow and restoring trade and economic cooperation. He added that relations would be difficult to improve unless Seoul refused to participate in the collective West’s sanctions policy against Russia.
Pope Leo XIV arrived in Paris on Friday for the first official papal visit to strictly secular France in 18 years. His itinerary includes meetings with President Emmanuel Macron, a UNESCO address and large public Masses, while discussions are expected to cover artificial intelligence, war, peace and the Catholic Church’s standing in France.


Pope Leo XIV has begun a four-day visit to France, the country’s first formal papal visit since 2008. His itinerary includes Paris, Lourdes and Metz, with speeches on AI oversight, human dignity, peace and unity, as well as a private meeting in Lourdes with seven survivors of Catholic clergy abuse.
Pope Leo XIV has begun a historic four-day visit to France, where bells are sounding nationwide. The trip is focused on Europe’s future.

Professor of Church History and Cultural Heritage Andrea Antonio Verardi says Pope Leo’s visit to France is far more than a diplomatic trip. Its focus brings together the search for peace amid geopolitical instability, the threat artificial intelligence and technological change pose to humanity and human dignity, and the unexpected return of religious identification among younger people in a deeply secular society.

President Emmanuel Macron welcomed Pope Leo XIV at the Élysée Palace on Friday, 25 September, opening the pontiff’s four-day visit to France. The Pope received a ceremonial welcome in the courtyard, walked the red carpet, shook hands with Macron and Brigitte Macron, and then held a brief meeting inside the palace.

Pope Leo XIV has arrived at Paris Orly Airport to begin a four-day visit to France. President Emmanuel Macron attended a welcoming ceremony on the tarmac, launching a programme that combines diplomatic meetings with major public events in Paris, Lourdes and Metz.

Paris is making final preparations for Pope Leo XIV’s first official visit to the French capital in 18 years. The four-day programme includes meetings with President Emmanuel Macron and UNESCO, a popemobile procession, prayer at Notre-Dame, a youth vigil at Stade de France and a Mass at Place de la Concorde expected to draw up to one million people, followed by visits to Lourdes and Metz.

Pope Leo XIV’s visit to France is requiring President Emmanuel Macron to carefully balance diplomacy with the country’s secular traditions. The pontiff’s dual role as Catholic leader and head of Vatican City is central to the challenge. No private meeting is planned, officially because of his packed schedule, and Macron is not expected at religious services.
Pope Leo XIV landed at Paris’ Orly airport on Friday morning to begin a four-day visit to France.

Pope Leo XIV arrives in France on Friday for a four-day visit, his fifth Apostolic journey since becoming pontiff last year. He aims to restore the Catholic Church’s standing after sexual abuse scandals, while addressing AI regulation and presenting his vision for Europe’s future.

Pope Leo XIV is visiting France this weekend in the country’s first papal state visit in 18 years, starting in Paris. He is expected to try to restore the Catholic Church’s standing after abuse scandals, deliver a major speech on AI development at Unesco and discuss Europe’s future in Metz. His itinerary also includes Notre Dame and Lourdes.

Pope Leo XIV is beginning the first official papal visit to France in 18 years. His four-day itinerary includes talks with President Emmanuel Macron, while his message on human dignity comes as the French Catholic Church faces a new assisted-dying law and the continuing damage caused by clerical sexual-abuse scandals.
Paris police are removing bicycles and cordoning off streets ahead of Pope Leo XIV’s visit and his planned walk through the capital.
Pope Leo will leave on Friday for a weekend visit to France, seeking to restore the Catholic Church’s standing after abuse scandals. He is also expected to renew calls for global rules governing AI development and present his vision for Europe’s future.
The Pope is making his first official visit to France in 18 years and is expected to meet sexual-abuse survivors, EU leaders and large crowds of worshippers.

Pope Leo XIV is flying to France on Friday for the Vatican’s first state visit there in 18 years. Artificial intelligence and young believers are expected to rank high on his agenda, while President Emmanuel Macron and Brigitte Macron will greet the 71-year-old pontiff on the tarmac.

Pope Leo XIV begins a four-day visit to France on Friday, with a Mass in central Paris expected to draw about 600,000 Catholic faithful. He will also visit Lourdes and Metz, meet President Emmanuel Macron to discuss geopolitics and AI, and meet migrants and survivors of clergy sexual abuse.
The Pacific opened a sinkhole near movie star Nicolas Cage’s home in Malibu and battered beachfront property. On Beach Road in Dana Point, waves destroyed one house, while the city ordered 16 others vacated or placed under occupancy restrictions.
Hundreds of children in Deqing, China, and Accra, Ghana, joined a video session for the Mid-Autumn Festival. The program opened a Chinese Reading Corner, distributed bilingual books, introduced festival traditions and guided Ghanaian pupils in making traditional round fans, expanding cross-border reading and cultural exchanges.

A fire broke out at a British army barracks, sending one person to hospital. The blaze is believed to have started at Gaza Barracks, home to the Light Dragoons light cavalry regiment, and was under control by early Friday morning.
Chinese swimmer Zhang Zhanshuo won the men’s 400m freestyle at the Aichi-Nagoya Asian Games in a record 3:41.28, earning his seventh gold at the Tokyo Aquatics Center. The 19-year-old captured seven of the eight events he entered, including the 200m freestyle, 800m and 1,500m freestyle, and three relays, with Asian records in the 200m and two relay events.
An Alabama jury is set to hear claims that TikTok and its Chinese parent, ByteDance, made the platform addictive to young users and misled consumers about its safety. It is the first case in broad litigation over social media’s impact on teen wellbeing to reach trial against the company.
AFP News AgencyKremlin spokesman Dmitry Peskov said the possibility of a trilateral meeting involving Russia, the United States and Ukraine was discussed during Vladimir Putin’s September 8 phone call with Donald Trump, but no further details are available yet. Putin also discussed the situation in Ukraine and spoke positively about US mediation efforts.
Russian newspapers focus on the absence of preparations for a new trilateral Russia-US-Ukraine round, despite ongoing discussions. They also examine an EU proposal to use frozen Russian assets for another loan to Ukraine, amid concerns over funding through 2027 and upcoming elections, as well as the possible duration and effects of the US-China trade truce.

The Kremlin said a Russia-Ukraine-US meeting focused on ending the four-and-a-half-year conflict in Ukraine could take place soon. Volodymyr Zelenskyy said it would be held at a technical level, possibly in the United Arab Emirates. Kremlin spokesman Dmitry Peskov added that envoy Kirill Dmitriev was in the US discussing potential economic cooperation with American negotiators.
Communities around the world are devoting Friday to honoring Dolly Parton with celebrations including parades, pink lights and book drives. The date, Sept. 25, is a nod to her hit song “9 to 5.”
French markets are coming under increasing pressure as concerns over high debt and political gridlock intensify ahead of next year’s presidential election. Investors are focusing on five key market hot spots.
RIA Novosti published a column by Alexander Nosovich threatening Lithuania with invasion and a nuclear strike after its parliament supported lifting a ban on stationing nuclear weapons. The agency deleted it hours later, saying it did not reflect its editorial or Russian state policy, but an archived copy remains available.
Britain’s food exports, including salmon, fell sharply in the first half of the year as US tariffs dealt a setback to farmers and other producers.
Fed Chairman Kevin Warsh is pushing rapid changes in some areas, while his emerging policy framework indicates that additional rate hikes remain possible.

Russian Foreign Ministry Ambassador-at-Large Rodion Miroshnik said a Ukrainian attack on volunteers from Omsk Region delivering humanitarian supplies in Zaporizhzhia Region showed that Zelensky seeks to wage war against civilians. He called the deliberate attack a war crime. Earlier, the regional governor said three volunteers were killed and two injured.
Hurricane Polo is moving toward Mexico’s Baja California region after reaching 892 millibars on 22 September, making it the second-most intense hurricane recorded in the east Pacific. With sustained winds near 150mph, torrential rain and dangerous seas, it is expected to remain powerful as it tracks north-west. A tropical storm is also bringing heavy rain and strong winds to India’s Odisha, where schools have closed.


Hurricane Polo is battering Mexico’s southwestern coast while Nolo has strengthened into a hurricane and is approaching Hawaii’s Big Island. Forecasters warn of up to 30 inches of rain and life-threatening flooding. Mexico has deployed 15,000 security personnel, suspended schools and opened shelters as residents are evacuated from high-risk areas.
UNICEF reported on Friday that acute malnutrition among children in Yemen is increasing, including the most severe cases. Intensifying fighting is disrupting access to healthcare and treatment centres.
China’s equestrian team won the team dressage gold at the Aichi-Nagoya Asian Games with 208.148 points, making history. South Korea took silver with 205.265 points and Japan won bronze with 204.117. The Chinese lineup was Rao Jiayi, Yu Jiayi, Wu Yue and Gu Zhanzhao.
The focus is Afghanistan, which recently marked five years since the Taliban returned to power. Since then, the exclusion of women and girls has become normalised, while the government has systematically dismantled the rights of more than half the population.

AFP News AgencyMore than 280,000 people voted at polling stations outside Russia during the recent elections, Central Election Commission Chairwoman Ella Pamfilova said. She said 333 polling stations operated in 152 countries, including seven in Kazakhstan’s Baikonur.
Russia has held its first State Duma election since the full-scale war began. Preliminary results give United Russia more than three-quarters of the chamber. Meduza’s review of projected lawmakers found 148 people—about one-third of the Duma—with clear, publicly traceable ties to the war, including combat service, financing, or support infrastructure. Some are accused of war crimes.
Turnout in Russia’s State Duma election was 59.8%, with 67,448,094 people voting, Central Election Commission Chairwoman Ella Pamfilova said. She compared this with turnout of 51.82% in 2021 and 47.88% in 2016.
Four years after the sabotage of the Nord Stream and Nord Stream 2 gas pipelines, the perpetrators, those who ordered it and its beneficiaries remain unidentified, Russian Ambassador to Germany Sergey Nechayev said. He accused Germany of slowly seeking scapegoats and pushing the issue out of public view.
Rostov Governor Yuri Slyusar said Russian air defences destroyed about 50 drones over the region overnight. A drone attack damaged the Novoshakhtinsk oil refinery, prompting a temporary suspension of operations.
Experts say China and the United States can pursue practical cooperation on AI risks and safety, its economic and social effects, global governance uses, and ethical and legal rules despite inevitable competition. Xi Jinping said the two sides should use their respective strengths rather than guard against one another.

Football leagues in England, Spain, Italy and Germany are calling for FIFA to undertake reforms.

The US war on Iran is increasing living costs in Nigeria, while medics warn that worsening food insecurity is driving malnutrition. Nigerians are struggling to cope with rising prices and the resulting pressure on food access.

Jake, an American-born 16th-generation disciple of the Wudang Sanfeng lineage, lives in Wudang’s Taoist mountains and reflects on balance between people and nature, tradition and innovation, and different civilizations. He says genuine China-U.S. engagement and shared experiences can deepen understanding, bring communities and countries closer, and build common ground.

President Volodymyr Zelensky said much of Ukraine’s $27 billion budget deficit is tied to defense spending, with around a third or more needed for drones for January through March. He warned that failing to order and pay for them in October and November could create serious challenges in January and February. Zelensky said partners had responded positively to discussions about covering the gap.

A defence pact among Turkey, Saudi Arabia and Pakistan could develop into a wider agreement for the Muslim world that includes Iran, Turkey’s parliament speaker said on Friday. He added that the pact is expected to be submitted for ratification starting next month.
Russia continues air strikes on Ukraine with a growing drone fleet, ranging from the Shahed-136 to the jet-powered Geran-4 and Geran-5, while increasing production in Alabuga. The drones could potentially be used to attack Europe from Russia’s Mediterranean “ghost fleet.”
At a White House meeting with Donald Trump, Xi Jinping urged the United States to oppose “Taiwan independence” and handle the Taiwan issue cautiously. Analysts say Beijing’s wording was more direct than at their previous meeting and sought clearer US policy or official language, while Trump’s response remains unclear and the White House has not released an account of the talks.

Chinese leader Xi Jinping urged the US to explicitly “oppose” Taiwan independence, his first public call for Donald Trump to alter Washington’s decades-old position on the self-ruled island.
Taiwan's government on Friday condemned Chinese President Xi Jinping's remarks to U.S. President Donald Trump about the island's future as a "distortion of the facts," insisting that only Taiwan's people can determine their future.
Hong Kong banks have closed about 40 per cent of their physical branches in recent years, with the total falling from 1,500 to roughly 900, according to local banking executives. The number of licensed banks has remained stable at around 150, said Shanghai Commercial Bank CEO Sunny Cheung.

Internet monitor NetBlocks said on Friday it detected a disruption in northern Ethiopia, where fighting erupted this week between federal forces and troops from the Tigray region and their allies.
AFP News AgencyThe Premier League and leading leagues from Spain, Italy and Germany are demanding FIFA governance reform and accusing president Gianni Infantino of promoting “exploitative ideas”. Pressure grew after his abandoned proposal to sell 20% of the World Cup’s commercial rights to private investors, prompting calls from federations and governing bodies for his replacement.

A midday roundup of the most important stories from Europe and beyond on 25 September 2026, covering world affairs, business, entertainment, politics, culture and travel.
The programme examines the closely watched, high-stakes Washington summit between Donald Trump and Xi Jinping, as well as Pope Leo XIV’s first arrival in France. It also features an interview with Danish minister Martin Lindegaard about the US-Denmark deal on Greenland and an update on the migration crisis in Ceuta.
A morning roundup of the most important stories from Europe and beyond on 25 September 2026, covering world news, business, entertainment, politics, culture and travel.
A private survey indicates that China’s exports to the United States rebounded as companies positioned themselves for continued stability between the world’s two largest economies ahead of the Trump-Xi summit.

NBC News’ polling averages show Democrats with their largest lead so far in the contest for Congress. Meanwhile, President Donald Trump’s approval rating has fallen to a low for his second term.

Bitcoin is consolidating near $84,000 while altcoins broadly advance. Quant gained 39% in 24 hours, 93 of the 100 CoinDesk 100 constituents rose, and the altcoin season index reached its highest level in more than three months.

US prosecutors allege that payments group Capstone illegally moved hundreds of millions of dollars for crypto companies Tether and Bitfinex, acting at the direction of a Caribbean bank. Authorities have seized the group’s bank accounts.
Pierre de Gaulle said Western countries are trying to replace world politics with war and are using the dollar as a sanctions instrument. He attributed this to their refusal to accept a world order now dominated by what was once regarded as the developing world, and said the West continues trying to prolong bipolar confrontation with Russia.
Shares of Swedish microcap Nanexa more than doubled after the drug-delivery company announced a licensing agreement with European pharmaceutical giant Novo Nordisk.

Fourteen Kazakh soldiers were found dead after naval training in the Caspian Sea. Kazakhstan declared a national day of mourning over what was described as one of the country’s deadliest military accidents in recent years.

The death toll from a training incident in Kazakhstan’s Caspian Sea waters has risen to 14.
Kazakhstan’s Defense Ministry says the bodies of all 14 servicemen who died after being swept into the Caspian Sea during a naval exercise have been recovered. Seventeen personnel were carried into the water amid severe weather and strong winds; three survived. A criminal case and investigation into alleged negligence are underway.
US rapper Macklemore has announced a new “Free Palestine” tour that will raise money for humanitarian groups, following the saga involving Ed Sheeran.

Iran has proposed a seven-day plan to end its war with the United States. Foreign Minister Abbas Araghchi said Tehran wants hostilities halted across all fronts, frozen assets released, oil sanctions waived and the naval blockade lifted before reopening the Strait of Hormuz on the final day and restarting ceasefire talks. US officials described mediator discussions as constructive, but said Washington would not rush into an agreement.

Zinedine Zidane praised Türkiye ahead of his coaching debut with France. On September 21, he attended a French national team training session at Clairefontaine, west of Paris.

The Israeli military released footage it says depicts the destruction of a 2-kilometre underground tunnel in southern Gaza. The army supplied the video, which could not be independently verified, and said the route was dismantled as fighting continues in Gaza.
Azerbaijan and Armenia are concentrating on trade and transit as their peace process moves forward. Azerbaijan’s Foreign Minister Jeyhun Bayramov met his Armenian counterpart Ararat Mirzoyan in New York on September 23, 2026.
Bitget says its $351.6 million wallet breach shows hallmarks of North Korean hackers, though the attribution has not been independently confirmed. Investigators are tracing and freezing assets across several blockchains. Any unrecovered losses would be covered by Bitget’s User Protection Fund, potentially consuming about 76% of its stated value, while withdrawals remain suspended.


Crypto platform Bitget suspects North Korea was responsible for a hack worth $352 million.

Bitget CEO Gray Chen says the $352 million hack at the cryptocurrency exchange was carried out through spoofed transfers rather than compromised private keys.

Bitget suspended withdrawals after unauthorized transfers drained about $351.6 million from a limited number of hot and warm wallets. The exchange said cold wallets and most platform assets were unaffected, while customer losses are covered by its User Protection Fund. Withdrawals will remain paused during a security review.

Bitget CEO Gracy Chen announced that the crypto exchange had been hacked and lost $352 million shortly after independent researchers flagged unusual wallet movements. She said user funds were “safe.”
Russian air attacks are placing additional strain on Ukrainian military families, who seize brief moments together during rare reunions. One family member said he saw his child for only a few hours before they had to part again.
The US government has applied to join Elon Musk and X’s legal challenge against a €120m EU fine. Brussels says X deceived users by selling blue verification badges without meaningfully checking account identities, while the US Department of Justice argues the European Commission improperly extended its reach over American companies.

India’s campaign against dirty kitchens is generating unexpected business for consultants, auditors and lawyers.
Donald Trump gave Xi Jinping an unusually warm and lavish welcome in Washington, a sharp contrast with his past descriptions of China and its leader. Their meeting extended a fragile trade-war truce by two months, while tensions over AI, rare earths, Taiwan and the Iran war remain. The article traces Trump’s changing language toward Beijing and Xi.


President Donald Trump gave Chinese President Xi Jinping an unusually lavish welcome, repeatedly praising their personal friendship at a White House state dinner and other ceremonial events. Although both leaders described their private talks as frank, the visit produced no major breakthroughs. Democratic lawmakers said the pageantry overshadowed urgent issues including Iran, Taiwan, AI and trade.
Donald Trump’s events for China’s Xi Jinping were dominated by pageantry and platitudes rather than substantive announcements. The proceedings were also overshadowed by the US president’s focus on construction projects and personal grievances.

Chinese President Xi Jinping’s first Washington visit in a decade featured elaborate ceremony. US President Donald Trump held talks with Xi at the White House and offered a two-month truce in the emerging tariff war, but there was little confirmed progress on key issues. A state dinner was attended by technology leaders including Elon Musk and Sam Altman.
Donald Trump held a welcome ceremony for Xi Jinping at the White House on Thursday as the Chinese leader made a state visit to the United States.

Xi Jinping and Donald Trump met in Washington after days of ceremony and spectacle. The encounter featured symbolic gestures, including Chinese pandas from Xi, but produced few major breakthroughs beyond an agreement to extend the tariff truce by two months.
Surging fuel and heating-oil prices are straining businesses and households in rural France, where cars and oil heating are widely relied upon. Bakers and a food-truck owner in northern France say higher energy bills are eating into their earnings and making daily life more difficult.
AFP News Agency
AFP News AgencyFinland and Sweden said on Friday that they scrambled fighter jets to intercept and identify Russian military aircraft in international airspace over the Gulf of Finland. It was the first joint operation of its kind by the two Nordic countries.
Finland and Sweden scrambled quick reaction alert jets to intercept Russian aircraft. European countries remain on high alert for possible Russian interference, fearing Moscow could target Kyiv’s Western backers as the Kremlin’s invasion of Ukraine enters its fifth year.
Volkswagen and Audi are recalling nearly one million vehicles in Germany over a possible steering fault. Bolts vulnerable to corrosion from humidity could damage the steering gearbox or cause a complete loss of steering, though no accidents or injuries linked to the defect are known.

Pompeii Archaeological Park will mark Europe’s largest and most widely attended cultural event on 26 and 27 September 2026 with a programme of historical re-enactments and educational activities, including gladiators and 1st-century Roman traditions.
Pompeii Archaeological Park will host historical re-enactments and educational activities on 26–27 September 2026 as part of a major cultural event supported by the Council of Europe and the European Commission, bringing gladiators and first-century Roman traditions to life.
Kremlin spokesman Dmitry Peskov said Kirill Dmitriev is continuing contacts with US negotiators, focusing on potential economic cooperation that is currently absent but understood to be potentially mutually beneficial.
Airbus shares fell more than 1% on Friday after the European planemaker said it had found a quality flaw inside the fuselage of hundreds of its best-selling A321neo jets.
Turkish President Erdogan met Mohamed Menfi, chairman of Libya’s Presidential Council, this week. Their talks covered energy and defence ties between the two states, highlighting the regional importance of efforts to reunify Libya.

Switzerland will vote on September 27 on whether to enshrine a stricter definition of neutrality in its constitution. The initiative would limit cooperation with military alliances and sanctions against belligerent states. Polls suggest rejection, but the deeper issue is how neutrality can still provide security and prosperity as threats evolve.

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