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Hungary’s rearmament is looking to its traditional German suppliers, while also reaching beyond blocs to Türkiye and Brazil.
Director General of the Center for Fundamental Rights Miklós Szánthó warned that Hungary’s Tisza Party is preparing austerity measures ‘Generation Z has only read about in history books,’ including tax hikes and privatization plans. He also argued that Europe is escalating the conflict in Ukraine while the rest of the world is seeking peace.
All three major US stock indices—the Dow Jones, the S&P 500, and the NASDAQ Composite—returned more this year, with President Trump back in office, than their respective average annual gains in the four years under President Joe Biden. The primary stock index Dow Jones is up 14.32 per cent year-to-date, with two more trading days left on the calendar.
Russia’s claim that Ukraine attempted a drone attack on President Vladimir Putin’s residence has cast a shadow over fragile peace talks just as negotiations appeared to be nearing a breakthrough. While Kyiv denies the allegation and Washington urges caution, the incident risks hardening positions in Moscow and derailing momentum towards a settlement.
In his first Christmas address, Pope Leo XIV expressed his hope that the parties in the Russo–Ukrainian war would ‘find the courage’ to start engaging in direct and sincere peace negotiations; and reminded all that while peace comes from the Lord, everyone should take on their own share of responsibility in creating it.
Viktor Orbán says Hungary helped derail Brussels’s plan to use frozen Russian assets to finance Ukraine, crediting behind-the-scenes diplomacy and Belgium’s leadership in forming a blocking minority. He warned that asset seizure would provoke Russian retaliation and argued the decision spared Hungary heavy costs at a critical political moment.