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U.S. Budget Deficit Set to Rise Again Amid Trump Tariffs and Tax Cuts February 13, 2026
Last year, U.S. Treasury Secretary Scott Bessent set a target to cut the U.S. federal budget deficit to just 3% of GDP by the end of President Donald Trump’s second term. The deficit reduction was a key component of his "3-3-3" economic plan, with the other two being achieving 3% real GDP growth and increasing […]
How a Snow Deficit in the Alps Will Put Europe’s Energy System Under Pressure February 12, 2026
Europe’s gas demand could rise even higher at the end of this winter, making it even more challenging to refill storage that has been depleting at the fastest pace in years. So far into 2026, snowfall and snow coverage in the Alps, which feed a large part of the hydropower generation in Austria and northern […]
Europe's Clean Energy Push Creates New Geopolitical Risks February 12, 2026
Europe is still suffering from the consequences of its decadeslong dependence on Russian energy imports. But as the bloc continues to wean itself off of Russian oil and gas, Europe is facing new and compounding energy dependence threats from the United States and China. European policymakers are in a tough spot, literally and figuratively sandwiched […]

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