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Iran War: Strategic Situation Update

The Yemen Front and the Growing Threat to European Security Reporting date: 25 July 2026Prepared by Roberto Pucciano,  Anchorage Group – Centre for Strategic and International StudiesOverall risk assessment: Critical Executive Summary The Iran conflict has entered a more dangerous and geographically dispersed phase. The immediate strategic development is the opening of a

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Peace Requires Governance, Not Permanent Militancy

Why the international debate must pay greater attention to Hamas’s role in Gaza’s political and humanitarian crises The humanitarian catastrophe in Gaza has understandably focused international attention on the conduct of military operations, the protection of civilians, and the urgent delivery of humanitarian aid. These questions warrant sustained international scrutiny.

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The Virtue of Institutional Restraint

Why Democratic Leadership Requires Respect for the Boundaries of Public Office Constitutional democracies are sustained not only by written laws but also by an unwritten culture of institutional humility, the recognition that public authority is both empowered and constrained by the office that exercises it. Public trust depends not merely

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China’s Capital Markets and the Limits of State-Directed Innovation

Innovation policy increasingly depends on financial institutions Discussions of China’s technological competition with the United States generally focus on industrial policy, manufacturing capabilities, export controls, or advances in strategic sectors such as artificial intelligence and semiconductors. By comparison, less attention has been devoted to the financial institutions that support innovation.

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Is Israel Alone?

Israel’s strategic position is entering a period of profound uncertainty. For decades, its security has rested on three mutually reinforcing pillars: military superiority, an exceptionally close partnership with the United States, and the capacity to cultivate pragmatic relationships with regional and international actors despite enduring political disagreements. Today, each of

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The Geography of Perception

How Social Media Are Changing Not Only Travel but Also the Way Democracies Understand the World “The real voyage of discovery consists not in seeking new landscapes, but in having new eyes.”— Marcel Proust Proust’s observation is usually read as a reflection on personal growth. It is also, perhaps unintentionally, a

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The Strategic Lessons of the U.S.-Israeli Campaign Against Iran

The U.S.-Israeli military campaign against Iran demonstrated both the strengths and the limitations of contemporary American power in the Middle East. Operationally, the campaign delivered significant military effects. According to U.S. government assessments, coalition forces conducted more than 10,000 air sorties, struck over 130,000 targets, and substantially degraded Iran’s missile,

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Trump, Xi, and the Limits of Tactical Stabilisation

The Trump-Xi summit in Beijing ultimately revealed less about resolving U.S.-China tensions than about the evolving mechanisms by which both governments are attempting to manage a relationship increasingly defined by long-term strategic competition. Meeting in China for the first time since 2017, Presidents Donald Trump and Xi Jinping projected a

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The Yerevan Spectacle: When European Diplomacy Mistakes Symbolism for Strategy A Critical Assessment of the 8th European Political Community Summit

The eighth meeting of the European Political Community (EPC), convening today in Yerevan, Armenia, offers an instructive case study in how multilateral institutions can conflate geopolitical theatre with genuine strategic purpose — at considerable, largely unquantified cost to European taxpayers and, ultimately, to European credibility. I. Origins and Original Sin Created in

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The resilience of multilateralism in the modern international order: between unilateral erosion and institutional reconfiguration

Multilateralism is a fundamental part of the liberal international order, as theorised by scholars like Robert Keohane and G. John Ikenberry, who emphasise its importance in reducing transaction costs, producing global public goods, and stabilising expectations among state actors. From this perspective, the notion of a unilateral reorganisation of multilateral

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Wealthy investors turn to art as private banks lag on advisory services

Wealthy investors turn to art as private banks lag on advisory services Growing demand from European high-net-worth clients emphasises gap in wealth management expertise. Wealthy investors across Europe are increasingly incorporating art into their investment portfolios, but private banks are finding it difficult to meet the rising demand for specialised

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