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2026-01-25 09:00:00| Fast Company

Make Denmark angry. Make Norway angry. Make NATOs leaders angry. President Donald Trumps relentless and escalating drive to acquire Greenland from Denmark, whose governmentalong with that of Greenlandemphatically rejects the idea, has unnerved, offended, and outraged leaders of countries considered allies for decades. Its the latest, and perhaps most significant, eruption of an attitude of disdain towards allies that has become a hallmark of the second Trump administration, which has espoused an America First approach to the world. Trump, Vice President JD Vance, and Defense Secretary Pete Hegseth have all said a lot of things about longtime allies that have caused frustration and outright friction among the leaders of those countries. The latest discord over Greenland could affect the functioning and even existence of NATO, the post-World War II alliance of Western nations that won the Cold War and led the globe, as a recent Wall Street Journal story put it. As a former diplomat, Im aware that how the U.S. treats its allies has been a crucial question in every presidency, since George Washington became the countrys first chief executive. On his way out of that job, Washington said something that Trump, Vance, and their fellow America First advocates would probably embrace. Above: Ambassador Don Heflin recaps 250 years of American alliances, with their benefits and challenges. In whats known as his Farewell Address, Washington warned Americans against entangling alliances. Washington wanted America to treat all nations fairly, and warned against both permanent friendships and permanent enemies. The irony is that Washington would never have become president without the assistance of the not-yet-United-States first ally, France. In 1778, after two years of brilliant diplomacy by Benjamin Franklin, the not-yet-United States and the Kingdom of France signed a treaty of alliance as the American Colonies struggled to win their war for independence from Britain. France sent soldiers, money, and ships to the American revolutionaries. Within three years, after a major intervention by the French fleet, the Battle of Yorktown in 1781 effectively ended the war, and America was independent. Isolationism, then war American political leaders largely heeded Washingtons warning against alliances throughout the 1800s. The Atlantic Ocean shielded the young nation from Europes problems and many conflicts; Americas closest neighbors had smaller populations and less military might. Aside from the War of 1812, in which the U.S. fought the British, America largely found itself protected from the outside worlds problems. That began to change when Europe descended into the brutality of World War I. Initially, American politicians avoided involvement. What would today be called an isolationist movement was strong; its supporters felt that the European war was being waged for the benefit of big business. But it was hard for the U.S. to maintain neutrality. German submarines sank ships crossing the Atlantic carrying American passengers. The economies of some of Americas biggest trading partners were in shreds; the democracies of Britain, France, and other European countries were at risk. A Boston newspaper headline in 1915 blares the news of a British ocean liner sunk by a German torpedo. [Image: Serial and Government Publications Division, Library of Congress (002.00.00)] President Woodrow Wilson led the U.S. into the war in 1917 as an ally of the Western European nations. When he asked Congress for a declaration of war, Wilson asserted the value of like-minded allies: A steadfast concert for peace can never be maintained except by a partnership f democratic nations. Immediately after the war, the Alliesled by the U.S., France, and Britainstayed together to craft the peace agreements, feed the war-ravaged parts of Europe and intervene in Russia after the Communist Revolution there. Prosperity came along with the peace, helping the U.S. quickly develop into a global economic power. However, within a few years, American politicians returned to traditional isolationism in political and military matters and continued this attitude well into the 1930s. The worldwide Great Depression that began in 1929 was blamed on vulnerabilities in the global economy, and there was a strong sentiment among Americans that the U.S. should fix its internal problems rather than assist Europe with its problems. Alliance counters fascism As both Hitler and Japan began to attack their neighbors in the late 1930s, it became clear to President Franklin Roosevelt and other American military and political leaders that the U.S. would get caught up in World War II. If nothing else, airplanes had erased Americas ability to hide behind the Atlantic Ocean. Though public opinion was divided, the U.S. began sending arms and other assistance to Britain and quietly began military planning with London. This was despite the fact that the U.S. was formally neutral, as the Roosevelt administration was pushing the limits of what a neutral nation can do for friendly nations without becoming a warring party. In January of 1941, Roosevelt gave his annual State of the Union speech to Congress. He appeared to prepare the country for possibleboth on behalf of allies abroad and for the preservation of American democracy: The future and the safety of our country and of our democracy are overwhelmingly involved in events far beyond our borders. Armed defense of democratic existence is now being gallantly waged in four continents. If that defense fails, all the population and all the resources of Europe, and Asia, and Africa and Australasia will be dominated by conquerors. In times like these it is immatureand incidentally, untruefor anybody to brag that an unprepared America, single-handed, and with one hand tied behind its back, can hold off the whole world. When the Japanese attacked Hawaii in 1941 and Hitler declared war on the U.S., America quickly entered World War II in an alliance with Britain, the Free French and others. Throughout the war, the Allies worked together on matters large and small. They defeated Germany in three and half years and Japan in less than four. As World War II ended, the wartime alliance produced two longer-term partnerships built on the understanding that working together had produced a powerful and effective counter to fascism. Postwar alliances The first of these alliances is the North Atlantic Treaty Organization, or NATO. The original members were the U.S., Canada, Britain, France, and others of the wartime Allies. There are now 32 members, including Poland, Hungary, and Turkey. The aims of NATO were to keep peace in Europe and contain the growing Communist threat from the Soviet Union. NATOs supporters feel that, given that wars in the former Yugoslavia in the 1990s and in the Ukraine today are the only major conflicts in Europe in 80 years, the alliance has met its goals well. And NATO troops went to Afghanistan along with the U.S. military after 9/11. The other institution created by the wartime Allies is the United Nations. The U.N. is many thingsa humanitarian aid organization, a forum for countries to raise their issues and a source of international law. However, it is also an alliance. The U.N. Security Council on several occasions authorized the use of force by members, such as in the first Gulf War against Iraq. And it has the power to send peacekeeping troops to conflict areas under the U.N. flag. Other U.S. allies with treaties or designations by Congress include Australia, New Zealand, Japan, Israel, three South American countries, and six in the Middle East. Many of the same countries also created institutions such as the World Bank, the International Monetary Fund, the Organization of American States, and the European Union. The U.S. belongs to all of these except the European Union. During my 35-year diplomatic career, I worked with all of these institutions, particularly in efforts to stabilize Africa. They keep the peace and support development efforts with loans and grants. Admirers of this postwar liberal international order point to the limited number of major armed conflicts during the past 80 years, the globalized economy and international cooperation on important matters such as disease control and fighting terrorism. Detractors point to this systems inability to stop some very deadly conflicts, such as Vietnam or Ukraine, and the large populations that havent done well under globalization as evidence of its flaws. The world would look dramatically different without the Allies victories in the two World Wars, the stable worldwide economic system, and NATO and the U.N. keeping the world relatively peaceful. But the value of allies to Americans, even when they benefit from alliances, appears to have shifted between George Washingtons attitudeavoid themand that o Franklin D. Rooseveltgo all in . . . eventually. This is an updated version of an article originally published on February 20, 2025. Donald Heflin is an executive director of the Edward R. Murrow Center and Senior Fellow of Diplomatic Practice at the Fletcher School at Tufts University. This article is republished from The Conversation under a Creative Commons license. Read the original article.


Category: E-Commerce

 

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2026-01-25 07:00:00| Fast Company

Starting a new job is exhilarating and exhausting. Exhilarating, because youre trying new things, meeting new people, and picking up new skills. Exhausting, because all of those activities tax your brain, so that by the end of the day, you just want a nap. Over time, though, some of the things youre doing become routine. You know the general tasks that drive your workday, and you can solve most of the problems that come up on most days. Once that happens, you go from being exhausted to being bored. Ultimately, your brain craves a middle-ground in which your world is generally predictable, but there are enough novel situations that you have to pay attention, think a bit, and learn some new things. So, if you feel like youre running in place at work, then you have to take responsibility for learning new things. You have to decide what you ought to learn and how to learn it. Here are three approaches that can motivate you to get out of your rut. 1. Plan your next move Where do you want to be in five years? Have you got an answer to that question? You might have a sense of the next role or two youd like to take. If not, chat with more senior colleagues to get a sense of how your career might progress. You might even think about working with a career coach to get some ideas. Then, take a hard look at your current skills. How do they match up with what is required to take on the next role? You should focus both on the skills you dont have that are a big part of a new role, but also on leveling up some of your existing skills where you may need even greater proficiency when you move up. It is a natural first step to pick up a book on one of these topics. That is a good start, because it gives you a lay of the land of what needs to be learned to gain competence in an area. But, active practice is an important part of skill development. Seek opportunities that will teach you and also enable you to practice those skills. That might involve taking a class in which you work to hone your new abilities. There are also an increasing number of online platforms that use structured lessons incorporating AI that enable you to try new things and get personalized feedback.   2. Try new things You may not be so sure what you want to do next. Even if you have a clue, that doesnt mean you have to direct your study just at skills that will get you to the next rung of the ladder. Learning itself is invigorating. When you take up a new topic, it often lets you notice things you havent seen before. Even picking up a new hobby can change the way you engage with the world. I have written a lot about how I took up the saxophone in my mid-thirties. Not only did it lead to some new skills and the chance to play in some bands, but it also gave me unexpected insights into education and leadership. After all, you never know where your next great idea might come from. The more you know, the more likely you will be to see a professional situation in a way that is different from how those around you view it. 3. Consider a deep dive or a pivot A lot of the work-related training people do is cursory. You read a book (or perhaps two). You take a seminar (or two) online or at a local university. Those classes open up some new vistas and can often jolt you out of the rut that drives your daily routine. But, if you really want to transform yourself, you need a much deeper dive in either a topic you’re familiar with, or perhaps you want to switch to something completely different. That is where a degree program can be a huge benefit. Most universities have realized that master’s programs are an important part of peoples career paths. An increasing number of those programs are tailored to working professionals who can retain their jobs while doing the program. In some fields (like computer science, data science, and AI), these programs are also structured to enable a large number of people to take these programs so that the cost is low. One advantage to a master’s program is that you often get to know a cohort of fellow students who are pursuing the same degree. That enables you to meet new people with similar goals (and often at a similar point in their careers). These individuals can often give you insight into how you can think differently about your own career. Not only do you leave a degree program with a greatly enhanced bag of tools, you also have a fresh perspective that can drive the next decade of your career.


Category: E-Commerce

 

2026-01-24 11:30:00| Fast Company

When crypto first gained prominence more than 15 years ago, one of the big selling points of the currency was its lack of ties to any specific government. Unlike fiat currency, cryptocurrency offered the possibility of a purely mathematical currency that was unrelated to politics, governance, or taxes. While crypto is still touted as an alternative to fiat currency, such as the U.S. dollar, the real world of politics, governance, and taxes has found a way to intrude on the use of this alternative currency in America. Specifically, the IRS requires U.S. taxpayers to report crypto earnings on their taxes. Because in this world nothing can be said to be certain, except the death of idealistic perfection and taxes. And since the IRS is involved, the process of reporting your crypto assets on your tax return can include the kind of tear-your-hair-out complexity that makes you want to forgo money altogether and return to the barter system. Thats why we spoke to personal finance expert Robert Farrington about how to handle tax filing when you have crypto assets. Heres what we learned. How you received your crypto matters There are several ways you can find yourself the proud owner of cryptocurrency: You might receive crypto as a payment for goods or services You might mine it yourself You might purchase it as an investment Depending on how the crypto came into your possession can affect how you report it on your taxes, and Farrington explains that this can make your taxes complex as a result. Crypto as income If you accept crypto as a payment for goods or services, the currency is considered part of your income. In that case, you treat the income as business income regardless of the currency. You need to report it as the USD value at the time you received it, Farrington says. For example, lets say you received 0.25 Bitcoin on August 31, 2025, as payment for your businesss services. Bitcoin was worth $108,236.71 USD on that day, which means youll need to report your 0.25 Bitcoin income as $27,059.18, even if you did not immediately convert the cryptocurrency into USD. When or if you convert the crypto to USD, you’ll have a secondary transaction that may have a capital gain or loss associated with it, Farrington explains. (More on that below.) Its also important to note that mining your own crypto is also treated as income, which could either be considered business income or hobby income. If it’s mined as part of a business, you can also potentially deduct related business expenses, like computer hardware, software, or utility costs, Farrington says. Crypto as investment Investing in crypto has become much more mainstream in recent years, and the tax rules governing cryptocurrency investments are largely the same as the rules for other investments. In particular, like other types of investments, short-term and long-term capital gains rules apply to cryptocurrency gains and losses. For any cryptocurrency youve held for less than one year, short-term capital gains or loss rules apply, while any crypto youve held for longer than a year will fall under long-term capital gains or loss rules. Where things get a little confusing is how you experience capital gains or losses with crypto: by converting your crypto into USD. When you convert the crypto to fiat currency, like USD, you’ll typically pay capital gains taxes on it, Farrington says. Thats because you will usually convert the crypto at a higher currency exchange rate than you purchased it for. For example, lets say you invested in a crypto asset worth $20,000 USD and held it for three years, during which time it increased in value to $28,000 USD. When you convert the asset into USD, you would have a long-term capital gain of $8,000. Dont forget to account for crypto shopping Another confusing aspect of reporting crypto on your taxes is the fact that you can have a capital gain or loss when you pay for goods or services via cryptocurrency. Heres how it works: In any transaction where you use your cryptocurrency to make a payment, there will likely be a difference between the amount the crypto was worth when you received it and its current fair market value (FMV). If the FMV has gone up, thats a capital gain, which means youll have to pay the capital gains tax. If the FMV has gone down, thats a capital loss, which you may be able to use to offset future gains or income. The IRS is getting more aggressive As with any new technology, cryptocurrency operated in a kind of lawless Wild West environment before legislation, regulations, and tax law got a chance to catch up with the new state of affairs. With the new reporting requirements for the 2026 tax filing season, the IRS is now catching up toand getting more aggressivewith crypto. This year, for the 2025 tax year, centralized exchanges will be required to file form 1099-DA with the IRS to report digital asset sales, Farrington says. Theoretically, the government has always required taxpayers to report their digital asset sales on their taxes in previous years, but without the requirement that crypto exchanges file these 1099-DA forms, the IRS was more reliant on self-reporting. This is why Farrington says it’s essential that you ensure your crypto transactions are accurately reported on your tax return, or it could trigger an audit. Meticulous crypto bookkeeping is a must, and Farrington suggests taking the time to ensure that your transactions are accurately categorized on the exchange so there are no incorrect 1099s filed. For example, if you transfer tokens between exchanges, you may want to go in and make certain its categorized as a transfer so that the exchange doesn’t mistakenly report it as a gain, Farrington recommends. A little bit of extra prepaation, documentation, and double-checking can give your tax season some important peace of mind. Virtual currency, real taxes Cryptocurrency may not feature portraits of Washington, Lincoln, Hamilton, or Jackson, but that doesnt keep Uncle Sams sticky fingers out of your virtual wallet. American taxpayers have to report their crypto income, investments, gains, and transactions on their tax returns. And for the first time in 2026, crypto exchanges are now required to file 1099-DA forms to report digital asset sales. Keeping good records of your crypto assets will help you tame the tax filing beastbut Farrington stresses that If you’re not familiar with these concepts to begin with, you should definitely seek advice from a tax professional.


Category: E-Commerce

 

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