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European Commission President Ursula von der Leyen, Viktor Orbán and President of the European Council Charles Michel (L-R) in Budapest at the conclusion of the informal summit of EU leaders on 8 November 2024.

The Budapest Declaration on Competitiveness — New Opportunities for the European Defence Sector

One of the most pressing issues in enhancing the competitiveness of Europe is the need to optimize defence spending. Europeans now spend much more on defence in the wake of Vladimir Putin’s invasion of Ukraine, with ten European NATO members set to reach the 2 per cent of GDP spending threshold by the end of 2024. However, developing and acquiring modern weapon systems of cutting-edge technology demand an exponential level of spending for development and production, which can hamstring the capabilities of nation-states if they want to fit out their armies fully with domestically produced equipment, from building tools to jet fighters.

Washington Examiner Warns Trump Against Orbán’s Friendship in Ridiculous Opinion Piece

In an outlandish article in the Washington Examiner, Tom Rogan cautions Donald Trump that Viktor Orbán is playing him for a fool and is merely attempting to advance the interests of China and Russia through their close relationship. The author clearly fails to grasp the fact that Viktor Orbán has always prioritized Hungary’s interests when dealing with China and Russia, something that, as opposed to the short-sighted pundit, President-elect Trump is well aware of.

EPC Summit in Budapest: The Beginning of a New Chapter for Hungary

Thursday’s European Political Community Summit in Budapest is significant in multiple ways. With Donald Trump’s victory, we have never been closer to achieving peace in Ukraine than we are now, thus the first step can be taken by European leaders today. The summit also marks the beginning of a new chapter in Hungary’s history.

Ukrainian President Volodymyr Zelenskyy and Republican presidential nominee Donald Trump meeting in New York City on 27 September 2024

Can President Trump Contain the Blob? — The Challenges of Foreign Policy

‘It is not so much members of the Blob influencing American foreign policy for their own personal gain that has yielded catastrophic results but rather the hubris of spreading illiberal democracy after the collapse of the Soviet Union. The Orange Revolution, sparked by this elite under the bogus notion to reshape Ukraine into a liberal democracy, is just one inept demonstration of this.’

MOL Executive Calls Out Western Hypocrisy on Russian Oil

Chief Operating Officer for the Hungarian oil company MOL György Bacsa recently spoke to the Financial Times about Western powers trying to pressure Hungary into giving up Russian oil imports, while they themselves continue to buy refined oil from Türkiye and India, countries that are still refining Russian crude oil, essentially ‘laundering’ the energy import.

Hungarian FM Summons Swedish Ambassador after Kristersson Remarks

The atmosphere surrounding Viktor Orbán’s visit to Georgia remains charged, with Swedish Prime Minister Ulf Kristersson accusing the Hungarian Prime Minister of being pro-Russian. In response to this statement, the Hungarian Ministry of Foreign Affairs and Trade has summoned Sweden’s ambassador in Budapest.

Orbán Visits Georgia Amid EU’s Election Fraud Claims

Hungarian Prime Minister Viktor Orbán’s visit to Georgia has sparked criticism from European Union leaders, who do not recognize the results of the weekend’s elections in the South Caucasus state. During his visit Orbán underlined his support for Georgia’s European integration and the deepening of bilateral relations.

Officials, including South Africa's President Cyril Ramaphosa, Russia's President Vladimir Putin and China's President Xi Jinping, attend a plenary session in the outreach/BRICS Plus format at the BRICS summit in Kazan on 24 October 2024.

Will the Expansion of BRICS Dethrone the Dollar as the World’s Reserve Currency?

Despite BRICS countries’ impressive recent expansion and acquired regional and international leverage both economically and politically, the US dollar’s position as the global reserve currency seems unshakable at present…Upon examining the situation globally, it can be observed that 90 per cent of all foreign exchange transactions in the world were conducted with the help of the US dollar.

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