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European carmakers have too much capacity
Diego Faßnacht reports that Volkswagen’s retrenchment reflects a broader structural crisis in Europe’s auto industry, where excess capacity, weaker demand and intensifying Chinese competition are forcing plant closures and job cuts that military production can only partly offset.
Japan faces overseas threats and gridlock in the Diet
Scott Foster reports that Japan is facing renewed external pressure from the Iran war and growing Chinese-Russian military activity, even as domestic political gridlock stalls major reforms and exposes divisions over issues ranging from electoral law to imperial succession.
The Kremlin’s waiting game faces growing doubts
James Davis reports that Russia’s continued battlefield gains are sharpening divisions inside the Kremlin over whether Putin’s strategy of waiting for Trump can still deliver a favorable settlement, as Ukraine remains heavily armed and calls for escalation grow louder.
