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Trump Likes to Back Winners in Foreign Elections. the Upcoming Vote in Hungary Will Test His Clout

WASHINGTON (AP) — In Hungary, President Donald Trump and his top officials used social media and an election-eve trip to Budapest to promote the country’s far-right prime minister in his reelection campaign. In Argentina, the U.S. administration worked to prop up the country’s financial markets to ...

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Apr 11 • 12:06 AM EDT • Politics • usnews.com
Democrats denounce Trump’s plan to use foreign steel in White House ballroom

A New York Times report that the president was accepting a donation of foreign steel for the ballroom was seized on by Democrats.

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Apr 10 • 10:04 PM EDT • Politics • seattletimes.com
Democrats Denounce Trump’s Plan to Use Foreign Steel in White House Ballroom

A New York Times report that the president was accepting a donation of foreign steel for the ballroom was seized on by Democrats.

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Apr 10 • 1:03 PM EDT • Politics • nytimes.com
Trump is bullying NATO again. But Americans like the alliance

For the second time in the still-quite-young 2026 calendar year, President Donald Trump is threatening to blow up the North Atlantic Treaty Organization, which Americans decidedly like, over a foreign policy adventure they decidedly do not.

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Apr 10 • 7:00 AM EDT • Politics • cnn.com
How JD Vance went from well-known foreign war skeptic to the public face of peace talks with Iran

Vice President JD Vance will travel to Pakistan to helm talks aimed at solidifying the fragile truce between the US and Iran — and in the process, elevate himself as the key peacemaker within an administration that has devoted its last several weeks to war.

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Apr 10 • 5:00 AM EDT • Politics • cnn.com
Iran cannot ‘hijack’ strait of Hormuz with shipping tolls, says Yvette Cooper

As Keir Starmer continues his Gulf visit, foreign secretary says laws of the sea prevent Tehran from charging for passage of ‘international transit route’

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Apr 9 • 3:54 AM EDT • Politics • theguardian.com
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Peacemaker Pakistan Adds Twist to India-US Relationship

India’s economy and foreign policy are about to be tested in the days ahead.

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Apr 8 • 8:06 AM EDT • Politics • bloomberg.com
What smart people are saying about Trump's ceasefire deal with Iran

Economists, foreign policy experts, and politicians weigh in on Donald Trump's last-minute ceasefire deal with Iran.

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Apr 7 • 10:34 PM EDT • Business • businessinsider.com
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Viewpoint: FP10 should remain open, excellent and secure

Europe is right to worry about research security. Foreign interference is real. So is the misuse of sensitive knowledge. Universities working in sensitive areas such as AI, quantum, semiconductors and advanced materials cannot afford to ignore the geopolitical environment around them.But Europe is in danger of drawing the wrong conclusion, one that would increase, not reduce, its strategic vulnerabilities.If the EU applies an “EU preference” logic to the next Framework Programme for research and innovation (FP10), it will weaken one of its greatest strategic assets: a research system built on openness, excellence and international collaboration. In the name of security, Europe could end up advancing science more slowly, innovating less effectively and making itself less attractive to global talent and partners in advanced science and technology.That would be a serious mistake.The EU preference included in Article 10 of the proposed European Competitiveness Fund may make sense in some industrial or deployment contexts, but is far harder to justify when applied to collaborative research in advanced science and technology, where excellence and global connectivity are crucial. Research is not procurement. It does not thrive when isolated. It advances through access to the best ideas, the best people, the best facilities and the best data, wherever they are found. This is why FP10 should not simply absorb industrial policy logic by default. Doing so would risk importing instruments that are ill-suited to research and that ultimately increase vulnerability rather than resilience.For universities of science and technology, the issue is especially acute. These institutions sit at the frontier of knowledge and technology creation in the very fields Europe sees as critical for its future competitiveness and resilience. They know better than most that security risks are real. But they also know that openness and security are not opposites. In practice, they have to be made to work together. Research security is not about closing doors. It is about building resilience through collective responsibility, trust, proportionate safeguards and better governance. That is a fundamentally different approach from default restriction.The risks of non-collaborationThe real danger in the current debate is that Europe talks too much about the risks of collaboration and not enough about the risks of non-collaboration. Those risks are strategic too. Cut researchers off from international networks and Europe loses access to knowledge, data, infrastructures and talent. Slow down global collaboration in critical technologies and Europe slows down its own progress on cutting-edge science. Make participation rules unpredictable and Europe weakens its attractiveness to researchers and investors alike.In other words, over-restricting collaboration will create strategic vulnerabilities, particularly in advanced science and technologies.This point is often underestimated in policy discussions that frame openness mainly as a value to be defended. Europe’s scientific strength, technological development and long-term competitiveness depend on remaining connected to the best research ecosystems in the world. For a continent that wants to accelerate deep tech, strengthen industrial capacity and reduce strategic dependencies, weakening the excellence base would be self-defeating. That does not mean ignoring risk. Quite the opposite. Universities are already strengthening due diligence, internal governance, awareness-raising, screening procedures and compliance support. Across Europe, institutions are working to manage risks linked to foreign interference, sanctions, export controls and the misuse of research. The right response is not complacency. It is better risk management. But that means targeted, evidence-based and proportionate measures, not blunt top-down restrictions with wide spillover effects. In the daily reality of universities, openness and restriction often coexist. The real challenge is how to apply safeguards without sliding into securitisation that damages academic freedom, open science and international cooperation. Restrict partners, not nationsMore restrictive treatment of collaborators from European Economic Area members Iceland, Liechtenstein and Norway, or from Switzerland and the UK, is strategically very difficult to justify. These are deeply embedded partners in Europe’s research and innovation ecosystem. Beyond that, Europe should still resist default exclusion and instead rely on case-by-case assessment. The relevant question is not nationality in the abstract. It is the actual risk profile of a collaboration: the institution, the affiliations, the field, the knowledge involved, the intended use and the safeguards available. Screening should focus on institutions and affiliations rather than nationality alone. Related articlesParliament ‘misreads’ link between Horizon Europe and ECF, Commission official saysFrustration grows at governance gap in next Horizon EuropeIf EU preference logic is imported into research without careful calibration, the likely result is a chilling effect. Researchers may step back from legitimate and beneficial collaboration, even where risks are manageable. International partners may see Europe as less predictable. And Europe may end up undermining the very excellence base it needs to compete, scale up and lead in strategic technologies, thereby increasing its dependence on others.FP10 should do the opposite. It should remain open by default, with restrictions used only exceptionally, and then on the basis of clear evidence. It should integrate research security into open science and research integrity frameworks, not set them against each other. And it should recognise that academic freedom, scientific excellence and responsible international collaboration are not obstacles to Europe’s security, they are part of it. Europe needs stronger tools to protect itself. But it also needs the discipline to avoid measures that would weaken it and increase its strategic vulnerabilities in the process. In FP10, that means staying open, excellent and secure.Louise Drogoul is senior advisor for innovation and sustainability at the Cesaer university association.

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Apr 7 • 8:00 PM EDT • Science • sciencebusiness.net
MAGA Is Winning Its War Against U.S. Science

Source: NBER With all the other terrible news right now, you may not have noticed that Donald Trump is in the process of killing American science. OK, that’s an exaggeration — but not that much of an exaggeration. The Trump administration’s latest budget proposal calls for a gigantic increase in military spending combined with severe cuts to social programs. But as the chart above shows, it also calls for debilitating reductions in research funding. Furthermore, Trump appointees have already been strangling science by sharply reducing the rate at which research grants are approved. Here, for example, is the number of new grants approved by the National Science Foundation: Source: Nature Large numbers of existing grants have also been frozen or terminated, especially in the study of infectious diseases. Add to this a sharp drop in visas issued to foreign students, who often play a direct role in research and who help support academic departments that do research: Put all of this together, and much U.S. scientific research is set to come to a screeching halt — not a few years from now, but over the course of the next year or two. This new assault on U.S. science is taking place at a time when the role of American science in the world has already been greatly eroded. The chart below, based on research recently reported by the National Bureau of Economic Research, measures national strength in science by the share of publications in highly ranked journals. In the 1990s the United States had more such publications than the rest of the world combined. Since then we’ve dropped into third place — well behind China and slightly below the European Union. And this was before the Trump administration’s attack on science had time to take its full effect. Source Some erosion in U.S. scientific preeminence was inevitable given China’s growing sophistication and wealth. But we’ve also fallen behind Europe, even though everyone says that Europe is lagging economically and technologically. Claims about Europe’s underperformance are, in fact, dubious if one looks hard at the data. But it’s still striking to see America lagging. What’s going on? There are presumably multiple factors behind America’s scientific lag. But even before Trump II the growing hostility of the U.S. right to science surely had some negative effect. And since the rise of MAGA G.O.P. attitudes toward science in general have become overwhelmingly hostile. This is true even for the Republican rank and file: And while I haven’t been able to find good survey data, it’s obvious that the anti-science turn has been even more pronounced — and began earlier — among the Republican political elite. Chris Mooney published The Republican War on Science in 2005, and even then was describing a longstanding trend. Why have Republicans turned so anti-science? Part of the answer is that they believe that scientists don’t support them. And they’re right! A study of who scientists give money to shows that only a small percentage gave money to Republicans even 20 years ago, and that almost none of them donate to Republicans now: Social scientists have always been strongly pro-Democratic, while there used to be a significant number of physical, “hard” scientists supporting the GOP. But these days physicists are almost as uniformly Democratic, or at least non-Republican, as sociologists. Why are there almost no Republican scientists? It’s not a mystery. GOP political orthodoxy includes positions that are at odds with the scientific consensus on multiple issues, ranging from the validity of the theory of evolution, to the reality of climate change, to the efficacy and safety of vaccines. In each case the scientific consensus is solidly grounded in evidence. But even before the rise of MAGA the U.S. right was increasingly hostile to evidence-based policymaking — especially, of course, where the evidence is unfavorable to fossil fuel interests or quack medicine, both financial mainstays of right-wing politics. So scientists don’t support Republicans, and the feeling is mutual. Today’s Republican Party doesn’t like science or scientists. It doesn’t like having its preconceived views challenged by appeals to evidence. It knows that very few scientists are on its side electorally. In general, it sees scientific research as a threat to its grasp on political power. Add in MAGA’s combination of rabid anti-intellectualism and allergy to any hint of criticism, and one has the makings of a drastic anti-science turn in policy. “Ignorance is strength” might was well be an official MAGA motto. And as I said, we aren’t talking about something that will happen over the course of multiple years: The U.S. scientific enterprise is threatened with severe damage, even collapse, over just the next year. There are many reasons to find this prospect horrifying: Think of all the beneficial advances, affecting almost every part of life, that won’t happen because U.S. science — still crucial to the world — has been eviscerated. But think, also, of America’s international standing. Can a nation that has forfeited its role as a leader, or even a contender, in global science, still be a Great Power? No. MUSICAL CODA

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Apr 7 • 6:31 AM EDT • Science • paulkrugman.substack.com
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FBI warns against foreign mobile apps like CapCut in new PSA

A new public service announcement from the FBI is warning Americans about apps based in China.

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Apr 6 • 4:11 PM EDT • Technology • mashable.com
Trump’s Foreign Aid Overhaul Sent Millions More Dollars to Big U.S.-Based Contractors

While organizations in the developing world were nearly shut out, the big aid agencies DOGE had called wasteful received huge infusions of cash, a new analysis found.

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Apr 6 • 10:57 AM EDT • Health • nytimes.com
Did Trump accidentally do something woke for global health?

This could be the future of foreign aid. Or a total disaster.

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Apr 6 • 6:00 AM EDT • Health • vox.com
Trump administration’s secrecy on health deals alarms experts, governments

A dearth of information has been disclosed about the agreements, fueling speculation that the “America First” approach to foreign aid is exploitative.

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Apr 6 • 6:00 AM EDT • Health • washingtonpost.com
Government, Police Crack Down on Narcotics in Seoul Entertainment Areas

Government, Police Crack Down on Narcotics in Seoul Entertainment Areas No narcotics detected; food violations corrected. Future crackdowns to focus on clubs, high-foreigner areas

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Apr 4 • 9:59 PM EDT • Entertainment • chosun.com
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Oregon sees drop in largest foreign tourist group following Trump political tensions

Before Oregon could rebound to its pre-pandemic international tourism levels, the state experienced another setback in 2025.

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Apr 3 • 1:00 PM EDT • Politics • oregoncapitalchronicle.com
Midterm messaging and foreign policy shape the political landscape heading into midterms

Former Miami Mayor and new Fox News contributor Francis Suarez discusses the political landscape heading into the November elections and U.S. foreign policy challenges in Iran and Cuba on ‘Special Report.’

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Apr 2 • 8:10 PM EDT • Politics • foxnews.com
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What New Proposed Changes to H-1B Visas Would Mean for Your Business

The Department of Labor is proposing even more changes to H-1B visas (and other work visas), which could raise costs to hire foreign workers.

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Apr 2 • 5:30 AM EDT • Business • inc.com
ActBlue May Have Misled Congress on Vetting Foreign Donations, Its Lawyers Warned

The Democratic fund-raising group is facing investigations from the Justice Department and congressional Republicans ahead of the midterm elections.

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Apr 2 • 5:02 AM EDT • Politics • nytimes.com
Ohio sports teams push for carveout in foreign land ownership bill

Several Ohio professional sports teams are wading into a debate over foreign nationals owning land in Ohio. The state's professional basketball, baseball, hockey, and soccer teams say their players and staffers could be unfairly punished.

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Apr 2 • 3:55 AM EDT • Sports • ohiocapitaljournal.com
Iran's New Supreme Leader ‘Is in Full Health,’ Official Says

Iran’s new supreme leader, Mojtaba Khamenei, “is in full health” but hasn’t appeared in public because of “wartime conditions,” the Iranian Foreign Ministry spokesman Esmaeil Baghaei said, according to Iran’s state news agency IRNA. Khamenei’s [whereabouts and well-being](https://www.wsj.com/world/m

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Apr 1 • 10:23 AM EDT • Health • wsj.com
A slowdown in US visa processing is wreaking havoc on foreign doctors’ lives

Physicians from countries Trump deemed national security threats are reaching the end of their visas without responses to their renewal applications.

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Apr 1 • 5:00 AM EDT • Health • politico.com
America Is Losing the Innovation Race

Why the future of science might be Chinese.

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Apr 1 • 12:00 AM EDT • Science • foreignaffairs.com
Khaman Maluach: No longer foreign to basketball

Not too long ago, Khaman Maluach picked up a basketball for the first time in Uganda, and now he set a career-high scoring mark in the NBA for the Suns.

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Mar 29 • 5:04 PM EDT • Sports • arizonasports.com
Gates Foundation Focuses on Solving Global Health and Poverty

Since 1994, the Gates Foundation has worked to address global health and poverty. As the U.S.'s foreign aid system continues to worsen....

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Mar 29 • 6:00 AM EDT • Health • borgenmagazine.com
Movie Star Stumps for Entertainment Industry

Actor Noah Wyle joined Sen. Adam Schiff at a hearing on March 20 in Burbank examining challenges facing the American film and television industry, including foreign tax incentives and proposed

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Mar 29 • 1:50 AM EDT • Entertainment • outlooknewspapers.com
Russia Is Helping Iran ‘Kill Americans,’ EU’s Top Diplomat Says

Russian intelligence is helping Iran target Americans and US allies, according to the European Union’s foreign affairs chief Kaja Kallas.

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Mar 26 • 10:08 AM EDT • Politics • bloomberg.com
UK bans crypto donations to political parties in bid to curb foreign influence

The move is likely to hurt the hard-right party Reform UK, which accepts crypto and has received large donations from a businessman living abroad.

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Mar 25 • 3:35 PM EDT • Politics • pbs.org
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Melania Trump’s very robotic White House guest

The storied White House East Room has welcomed politicians, foreign dignitaries, war heroes, celebrities and elite athletes, but on Wednesday, it was the setting for an extremely robotic speech introducing first lady Melania Trump.

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Mar 25 • 1:38 PM EDT • Politics • cnn.com
UK bans crypto donations to political parties in bid to curb foreign influence

Britain is banning political parties from taking cryptocurrency donations in a move the government says will help protect democracy from illicit finance

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Mar 25 • 11:33 AM EDT • Politics • washingtonpost.com
UK Should Ban Crypto Donations to Political Parties, Review Says

The UK should ban crypto donations to political parties until they are effectively regulated because they risk foreign financial interference in British politics, according to a government-commissioned review into the matter.

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Mar 25 • 8:39 AM EDT • Politics • bloomberg.com
Danish Foreign Minister Becomes Kingmaker After Trump Standoff

Denmark’s headstrong Foreign Minister Lars Lokke Rasmussen holds the keys to deciding who becomes the Nordic nation’s next prime minister.

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Mar 25 • 8:14 AM EDT • Politics • bloomberg.com
Is Trumpism dead?

Right-wing populists say that Trump has embraced George W. Bush’s foreign policy. They’re half right.

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Mar 25 • 6:00 AM EDT • Politics • vox.com
Review of foreign financial interference in UK politics to be published, with ban on crypto donations expected

Ministers will publish review by Philip Rycroft, which will make recommendations relevant to all the political parties, today

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Mar 25 • 4:53 AM EDT • Politics • theguardian.com
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Could U.S. pushback on foreign data laws recast global business operations?

Because of what's happening in the world today, the question becomes, can you really trust your trading partners?" Robert Cruz said.

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Mar 24 • 4:14 PM EDT • Business • federalnewsnetwork.com
Public health alert issued for ground beef product; possible foreign material contamination

PORTSMOUTH, Va. (WAVY)– The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) has issued a public health alert for a ground beef product. Officials say the R…

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Mar 24 • 10:20 AM EDT • Health • wavy.com
Iowa House passes restrictions on foreign involvement in health care, ballot issues

The Iowa House passed two measures Monday restricting foreign entities from health care ownership and ballot issue campaigns.

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Mar 24 • 9:08 AM EDT • Health • kcrg.com
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Your Thymus and Your Healthspan

Our thymus gland plays a central role in the development or our immune system, specifically for supporting T cell development (how these cells got their name, maturation and differentiation in the thymus) and discriminating between self and foreign, non-self antigen proteins with production of dendritic cells. As we age, our thymus gland shrinks—the process known as involution—with progressive change from spongy to fatty tissue, with loss of functionality. But this process, with respect to timeline and extent, markedly varies from one person to the next. And to make things even more complicated, our thymus gland anatomy and precise location in the chest also is highly variable. So the famous Frank Netter diagrams from the 1960s (such as at left below) don’t capture the remarkable heterogeneity that a random set of 12 chest CT scans (below at right). What I consider as 2 landmark papers in Nature this week (here and here) used AI to quantify health of the thymus in 2 large cohorts, and then correlate the metric to a broad array of health outcomes. In this edition of Ground Truths, I’m going to cover three questions: (1) How was thymus health determined by AI?; (2) How is thymus health linked to key clinical outcomes? and (3) Are there ways we can promote a healthy (aka rejuvenate) thymus gland in our later years? Subscribe 1. How was thymus health determined by AI? This was accomplished by extensive work developing and validating an AI pipeline for 2 stages, the first for localization and segmentation of the thymus bed, and the second to quantify a digital marker, termed the thymic health score. There’s a lot to this algorithmic development, so I won’t go into all the details, but just provide a rudimentary outline of what was done. The 1st stage used supervised learning with 2 radiologists reviewing 2,461 chest CT scans. That work trained a 3D U-Net model to automatically identify the thymic bed’s 3D cropped region using center of mass coordinates, which reached 99.8% accuracy. The 2nd stage used a foundation model that was pre-trained with SwAV (which stands for Swapping Assignment between multiple Views), a self-supervised model, that generated a high-dimensional thymus representation of 4,096 features. That compares to the radiology reductionist and subjective scoring of 0 to 3 where 0 means the thymus is fully degenerated and fatty, and 3 is considered dense, intact glandular soft tissue. Notably, the self-supervised learning (SSL) performance was superior to supervised (AUC ~0.75 vs 0.55, respectively) reflecting the shallowness of the 0-3 classifier vs SSL’s holistic, self-taught AI. The thymic health score ranged from 0 to 100, with the highest number indexed to fully preserved thymic health. The algorithmic work extended to explainability with both Shapely value distribution, meaning the model was holistic not relying on any “magic” pixel, and occlusion sensitivity, demonstrating the model’s performance was not affected by ribs, sternum, lung tissue, but rather focused on the thymic bed directly. Below are a few saliency maps from the occlusion sensitivity that indicate the thymic bed focus, not affected by neighboring structures, using the jet color scale. Now the AI was ready for processing ~25,000 CT scans, each over 30 MB files, from the 2 large participant cohorts to provide a thymic health score, it did so in less than 14 hours, which is less than 2 seconds per scan! Share 2. How is thymus health linked to key clinical outcomes? The two cohorts were the National Lung Screening Trial, NLST (N=25,031) and the Framingham Heart Study, FHS (N=2,581) each with baseline demographics and long term follow up of >12 years for health outcomes. From the NSLT, you can see below that increased age and body-mass index were correlated to reduced thymic health. And, overall, men had reduced thymic health scores compared with women. There are a lot of graphs in the paper for outcomes, for both the NLST and FHS cohorts. To simplify the major outcomes, below is a composite Figure with striking reduction of all-cause mortality and for the different causes of death. The results were consistent between the 2 cohorts. For example, the cardiovascular mortality hazard ratio average was 0.57 in NLST and 0.38 in FHS (weighted to be 0.53 for the aggregate). The reduction of mortality also extended to digestive diseases and pulmonary disease (data not shown below). Lung cancer incidence was reduced by 36% for high vs low thymic health (Figure below, with a panel -incidence and b panel-mortality, adjusted for age, sex, BMI, smoking status). Notably, there was a smoker’s paradox: lower incidence and improved survival for lung cancer in smokers who had a high thymus health score. Smoking was associated with lower thymic scores whereas alcohol was not. Higher thymic health was linked to higher HDL cholesterol, lower triglycerides, lower fasting blood glucose, and lower systolic and diastolic blood pressure. Inflammation biomarkers, such as C-reactive protein and interleukin-6, were elevated in the people with lower thymic health scores. In their second paper, the same team looked at the relationship between thymic score and outcomes for 3,476 patients receiving cancer immunotherapy. The non-small cell lung cancer progression-free survival was reduced in patients with low thymic health score. A parallel relationship for survival was seen for other types of cancer including melanoma, breast, and kidney with a 44% lower risk among high thymic scores (Figure). A similar pattern was seen with different immune checkpoint inhibitors. The thymus health score outperformed programmed death ligand-1 (PD-L1)and tumor mutation burden (TMB) assay of the tumor and was an independent prognostic marker of progression-free survival. In this dataset, a direct connect with thymus score and adaptive immune function was noted with a correlation before cancer treatment for both T-cell diversity and thymus T-cell production (a metric known as T cell receptor excision circles). Thymus Removal Study There is a highly relevant citation about thymus function before moving onto ways to rejuvenate it. In 2023, a very important study of thymus removal during cardiothoracic surgery was published, with 1146 patients undergoing thymus removal vs 1146 matched controls (mean age 55 years). The adverse outcomes for thymus removal were striking, with a 2.9 higher risk of all-cause mortality and doubling of cancer incidence, 1.5 fold increase in cancer mortality, and 1.5-fold increase in autoimmune diseases. The immune function showed marked compromise after thymus removal, as reflected by CD4+ and CD8+ T cells (Figure below) Share Ground Truths 3. Are there ways we can promote a healthy (aka rejuvenate) thymus gland in our later years? In recent months we’ve learned a lot about the process of thymus involution and the pathways by which this may be modulated. Thymus involution is primarily due to loss to thymus epithelial cells (TECs) and there are 2 subtypes with different functions: the cortical, responsible for positive selection of T cells, and the medullary, for negative selection. When adipose tissue infiltrates the thymus, thymic adipocytes are pro-inflammatory, knocking out T-cell output. Likewise, systemic inflammation, or “inflammaging,” from smoking, obesity, and chronic stress promote thymic adipocytes. Now, from preclinical studies, we know about key pathways that account for these processes. Historically, back in 2014, FOXN1 was recognized as a single master transcription factor essential for TEC function, with studies in mice with forced FOXN1 upregulation leading to thymus regeneration. That laid the foundation for potential regrowth of quiescent thymus cells. It took awhile to find pathways to accomplish this goal and to even refute its role as the master regulator. The Liver-Thymus Axis Feng Zhang and his team recently showed that injection of an mRNA vaccine to the liver encoding DLL1, IL-7 and FLT3-L in combination, factors known to support thymopoiesis (Figure), successfully enhanced immune function in aged mice. However, the effect was transient. The FGF21 Story Two reports in 2025 addressed the thymus gland’s production of FGF21, a growth factor (fibroblast growth factor 21) and its control of thymus involution. This growth factor is also produced by the liver, but it doesn’t have impact on the thymus in aged rodent models. In contrast, The liver’s hepatocyte growth factor (HGF) has been shown to reverse senescent TEC structural changes. Growth hormone stimulates production of insulin growth factor-1 (IGF-1) in the liver and the thymus. Two small studies in human participants (TRIIM, for Thymus Regeneration, Immunorestoration, and Insulin Mitigation) of 6 and 50 people, respectively, treated with combined human growth hormone, metformin and DHEA, suggested the potential of slowing epigenetic aging and improving thymus mass and function. But the combination of drugs, small sample, and lack of controls make conclusions murky. Increased thymus FGF21 led to increased CD8 T cells in old mice and extended healthspan and improved physical performance. Building on the previous FOXN1 data, ablation of β-klotho, the obligatory co-receptor for FOXN1, accelerated thymic aging. The benefit to FGF21 was confirmed in a companion paper using an FGF21 knock-in mouse model showing thymus enlargement and increased TECs throughout the lifespan. (schematic Figure below). The accompanying editorial for these 2 papers speculated: “The proposed link between age-associated thymus involution and organismal aging is intriguing, and suggests we might seek to achieve systemic rejuvenation by counteracting thymic involution.” Other Factors Lessons from the Axolotl (Mexican Salamander) In an elegant set of experiments of the axolotl (Figure), known for its complete thymus regeneration after total surgical removal, mediators were identified. Surprisingly FOXN1 was dispensable. But midkine, a growth factor, appeared to be the driver, the initiator of thymus cell growth, survival, and repair. Other components that contributed were Postn+ (periostin-expressing mesenchymal niches) and Ccl19, a chemokine protein from the bloodstream. RANK and RANKL RANK (receptor activator of nuclear factor κB its ligand (RANKL) have been considered key regulators of medullary TECs. In a study of both aged mice and human thymus cell cultures, their key role was confirmed, with multiple benefits of resorting TEC function, recruitment of progenitor cells, and T cell development. Subscribe Summing Up This body of work strongly supports the health of the thymus gland as a critical regulator of human healthspan, not just a correlate or link. The new landmark studies are reinforced by the regenerative biology experimental models that have shown, via an array of mediators, that healthspan of aged mice is at least in part dependent on thymus gland function and its critical role for maintaining adaptive immunity. It sure seems that we’d be better off having an immune reservoir of naive T cells instead of a profile in older adults of exhausted, low quality, memory T cells, with a senescent phenotype. It is striking that we ignored the importance of the thymus gland for many decades. A wake-up call was the results of the thymectomy matched control study reviewed here, with the opposite of high thymic health score improved health outcomes. The convergence of AI and healthspan here is notable. The exceptional and laborious work for developing and validating (no less explaining) the AI to quantify thymus health set the foundation for probing the connect the major health outcomes in two cohorts with extensive follow-up. We’ve never had a way to meaningfully quantify the thymus gland before, so this represents important leverage of supervised, self-supervised, and transformer models. The study wouldn’t have been possible without AI. And it begs the question as to whether there are ways we can maintain our thymus at a high health score. But it’s not so simple to rejuvenate our thymus. There are multiple risks including the induction of autoimmunity, increasing the risk of cancer, and inducing a pro-inflammatory state. For example, factors that increase TEC proliferation could compromise the medulllary negative selection process and leak out auto-reactive (self-attacking) T cells. Thymic cells could be induced to proliferate, but we know, for example, that growth hormone and IGF-1 are associated with an increase risk of cancer. If thymus rejuvenation doesn’t clear out the accumulated senescent cells in older adults, then inflammation within the gland could block the production of TECs. Keeping these risks in mind, we now have identified many ways to keep our thymus healthy as we age that undoubtedly will be tested in clinical trials going forward. Ultimately, the benefit-to-risk tradeoffs will be defined. In the meantime, we have desperately needed an immunome. As I’ve stressed in multiple prior Ground Truths, we have no test in the clinic to assess a patient’s immune status! It was very encouraging for me to get an email from Hugo Aerts, the senior author of the landmark papers in the days after they were published: “I also wanted to say that your Substack on “Why We Need an Immunome” was inspiring for this work. We found it a very compelling perspective and greatly enjoyed reading it.” Just having an assessment of a person’s immune status via a chest CT scan, with millions of these performed per year, might help in guiding the right immunotherapy for cancer (e.g. more intensive, combinations for those with low thymic health scores) and help define people who are increased risk for age-related diseases of cancer, cardiovascular, and neurodegenerative. The main theme of Super Agers is that we now have many layers of data (genetics, proteins, biomarkers, organ clocks that can be integrated via multimodal AI) for us to define a person’s specific risk decades before one of these age-related diseases leads to symptoms, enabling prevention. From the new studies this week, we can add thymus health score as yet another way to understand a person’s risk, a window into their adaptive immune system and healthspan. And perhaps someday we will be able to safely rejuvenate the thymus, or maintain its health through one’s life, and use the thymus health score to monitor. NB: I wrote this post (No A.I.) A Quick Poll Loading... ********************************************************************* Thanks to Ground Truths subscribers (now > 200,000) from every US state and 212 countries. Your subscription to these free essays and podcasts makes my work in putting them together worthwhile. Please join! If you found this interesting PLEASE share it! Share Ground Truths Paid subscriptions are voluntary and all proceeds from them go to support Scripps Research. They do allow for posting comments and questions, which I do my best to respond to. Please don’t hesitate to post comments and give me feedback. Let me know topics that you would like to see covered. Leave a comment Many thanks to those who have contributed—they have greatly helped fund our summer internship programs for the past two years. It enabled us to accept and support 47 summer interns in 2025! We aim to accept even more of the several thousand who will apply for summer 2026.

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Mar 22 • 2:18 PM EDT • Health • erictopol.substack.com
Slovenians head to polls in tight race marked by spy scandal

Allegations of espionage and foreign interference have cast a shadow over the parliamentary election

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Mar 22 • 2:00 AM EDT • Politics • euractiv.com
‘They want to colonise us’: Brazil’s Lula warns of foreign interference

The left-wing Brazilian president is critical of US actions throughout Latin America, though he does not name Trump.

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Mar 21 • 7:35 PM EDT • Politics • aljazeera.com
Trump’s global agenda flies into domestic headwinds

Even as US President Donald Trump calls for international support for the war in Iran, within the US there are dissenting voices, as not everyone is convinced that war is the answer. What is clear is that domestic factors will increasingly limit Trump’s foreign policy and diplomatic engagement. Academic Derek Grossman discusses the issue.

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Mar 20 • 12:14 AM EDT • Politics • thinkchina.sg
To chop spending, Ottawa will cut science, tourism, foreign aid programs

While 40 departments will collectively spend $23 billion more next year, another 85 departments will spend $31 billion less in 2026-27.

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Mar 19 • 2:02 PM EDT • Science • globalnews.ca
Ban corporate donations to UK political parties to protect elections, says thinktank

CenTax warns bill under debate in parliament has ‘easily exploitable’ loopholes and will not prevent foreign interference

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Mar 18 • 8:01 PM EDT • Politics • theguardian.com
Bill on foreign influence in Georgia politics returns to Senate

The Georgia House passed a bill requiring disclosure of political spending from countries designated as hostile foreign adversaries, with a 98-65 vote largely along party lines.

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Mar 18 • 2:38 PM EDT • Politics • thecurrentga.org
Roundup: Amazon / Wholesale prices / Foreign threat response

Cutting USPS use: Amazon plans to slash its use of the U.S. Postal Service by at least two-thirds as its delivery contract expires, potentially stripping billions in revenue from the agency. The shift follows a new bidding process for last-mile delivery and could leave USPS with excess capacity, forcing cost cuts as it searches for […]

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Mar 18 • 10:48 AM EDT • Business • businessreport.com
Trump waives Jones Act for 60 days in bid to free up the flow of oil to US ports

President Donald Trump temporarily waived the century-old shipping law for 60 days, allowing foreign ships to carry oil and resources between U.S. ports.

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Mar 18 • 10:19 AM EDT • Business • foxbusiness.com
Cuban American business owners in South Florida react to the island's announcement to allow foreign investment
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Mar 17 • 11:18 PM EDT • Business • cbsnews.com
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Trump’s Gutting of Election Security Fuels Worries for Midterms

Officials say the crippling of the Cybersecurity and Infrastructure Security Agency, which the president himself created, could open elections to cyberattacks and foreign influence.

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Mar 17 • 10:13 AM EDT • Politics • nytimes.com
Southeast Asian Fuel Prices Destabilize Politics

Indonesia, for one, has a bloody history of fuel-related riots.

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Mar 17 • 1:00 AM EDT • Politics • foreignpolicy.com
Cuba tells exiles ‘doors are open’ to invest in businesses in the country

Cuba also says it is removing impediments to US businesses and other foreign investors.

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Mar 17 • 12:16 AM EDT • Business • aljazeera.com
Supreme Court to review Trump’s effort to end deportation protections for migrants from Haiti and Syria

The Supreme Court announced Monday it will decide whether President Donald Trump can terminate temporary deportation protections for hundreds of thousands of foreign nationals, agreeing to hear arguments next month on an issue that has been central to the administration’s immigration agenda.

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Mar 16 • 3:52 PM EDT • Politics • cnn.com
Iran's Political Prisoners Are in Danger From U.S.-Israeli Strikes

Thousands of detainees are in danger from U.S. and Israeli strikes and Tehran’s vengeance.

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Mar 16 • 7:00 AM EDT • Politics • foreignpolicy.com
If Trump has already won the Iran war, why does he need foreign ships to help him end it?

A week ago, President Donald Trump told Britain not to bother sending ships to the Middle East because he’d already won the Iran war.

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Mar 16 • 12:00 AM EDT • Politics • cnn.com
How Foreign-Trained Health Workers Saved the NHS £14 Billion

This blog is part of a series focused on the UK’s recruitment of foreign-trained health workers. This first blog details the amount of money the UK’s National Health Service (NHS) has saved by recruiting foreign-trained health workers. The second blog examines whether this saving is offset by foreign aid contributions to health systems strengthening (HSS) and human resources for health (HRH) in countries of origin.

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Mar 15 • 8:00 PM EDT • Health • cgdev.org
Iran Foreign Minister Says Mojtaba Khamenei Is in “Perfect Health” After Trump Doubts

Iranian Foreign Minister Abbas Araghchi wrote on his Telegram channel that “the Leader of the Revolution is in perfect health and is ful ...

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Mar 15 • 10:26 AM EDT • Health • iranwire.com
Trump Administration Turns to Migrant Workers to Help Farm Labor Shortage

As the president’s immigration policies squeeze an already tight supply of farm labor, the Trump administration is making it cheaper to hire foreign farmworkers.

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Mar 15 • 5:00 AM EDT • Politics • nytimes.com
Kosovo postpones controversial foreign visitor law

The law would have hit Serb nationals as well as ethnic Serbs in Kosovo, benefiting from their services

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Mar 14 • 10:16 AM EDT • Politics • euractiv.com
Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy

President Trump’s son-in-law is trying to raise $5 billion or more from foreign governments and others for his private equity firm.

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Mar 13 • 8:46 PM EDT • Business • nytimes.com
Australian jury convicts Sydney business consultant over deals with suspected Chinese spies

A Sydney business consultant was convicted Friday of breaking Australia’s foreign interference laws by providing reports to two people he should have suspected were Chinese spies. Alexander Csergo, 5...

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Mar 13 • 2:42 AM EDT • Business • yahoo.com
Should the U.S. be in business of assassinating foreign leaders?

In the opening strike of their war on Iran, the US and Israel killed the Islamic Republic’s supreme leader, Ayatollah Ali Khamenei. It is an exceedingly rare instance of democracies killing a foreign head of state.It’s not the first time the United States has been involved in the killing of a foreign leader, but it’s something U.S. leaders and the American public have long wrestled with. NPR’s Ryan Lucas reports. For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This episode was produced by Mallory Yu and Erika Ryan, with audio engineering by Jay Czys.It was edited by John Ketchum and Anna Yukhanov. Our executive producer is Sami Yenigun.

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Mar 12 • 5:31 PM EDT • Business • npr.org
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India-China reset? Relaxed rules allow Beijing to invest in India after about six years of friction

The Indian cabinet has approved changes to its foreign direct investment policy, allowing investments from "Land Bordering Countries."

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Mar 11 • 3:26 AM EDT • Business • cnbc.com
‘A shell of our former self’: How Trump and Musk’s spending cuts are hampering US government readiness amid the Iran war

Government cuts under Trump’s second term weakened U.S. emergency, security, and foreign response capabilities, now under scrutiny amid Middle East conflict.

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Mar 10 • 5:00 AM EDT • Politics • cnn.com
Trump has call with Putin to discuss Iran war, Kremlin says

Putin’s foreign affairs adviser Yuri Ushakov described the conversation as “frank and businesslike” and said it lasted about one hour.

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Mar 9 • 5:51 PM EDT • Politics • pbs.org
🙂 Positive (35%)
The Iran War Is Giving Democrats a Chance. Will They Take It?

Last week, Republicans in Congress rejected a war powers resolution and thus negated their own power. In so doing, they gave President Donald Trump free rein over the Iran conflict and tied themselves to a war that has no consistent justification, no clear end and little public support. Democrats voted largely in lockstep to curtail Trump’s power, the first move in a process that will become more substantial as the already-unpopular war continues. History shows that foreign conflicts rarely get

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Mar 8 • 8:00 AM EDT • Politics • bloomberg.com
A Possible US Government iPhone-Hacking Toolkit Is Now in the Hands of Foreign Spies and Criminals

A highly sophisticated set of iPhone hijacking techniques has likely infected tens of thousands of phones or more. Clues suggest it was originally built for the US government.

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Mar 3 • 2:01 PM EST • Technology • wired.com
Assessing the Impacts of Foreign Pollution on U.S. Public Health and Manufacturing

Foreign pollution carried by global winds harms U.S. air quality, public health, and manufacturing. This brief examines impacts and outlines policy solutions to address pollution at its source.

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Mar 3 • 9:59 AM EST • Health • bipartisanpolicy.org
Has the US ever assassinated a world leader before?

The US government for decades shied away from targeting foreign leaders after embarrassing failures and unintended consequences from covert activities by the CIA.

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Mar 3 • 6:00 AM EST • Politics • cnn.com
Oversight demands DOJ answers on foreign funding of agitator groups as Iran, anti-ICE protests continue

House Oversight Committee requests DOJ briefing on foreign funding behind anti-ICE protest groups.

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Mar 2 • 12:17 PM EST • Politics • foxnews.com
What cost foreign prestige? China says no to some Western science journal fees

Chinese researchers will no longer be reimbursed for paper publication charges in Nature Communications, among others.

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Mar 2 • 1:00 AM EST • Science • scmp.com
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Trump Spent Years Denouncing U.S. Intervention. Now He’s Toppling Foreign Leaders.

The operation in Iran marked a sharp reversal for a president whose political rise was fueled by American fatigue with regime change.

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Mar 1 • 9:00 PM EST • Politics • wsj.com
‘It’s a slap in the face of the United States Congress’: Lawmakers fume as Trump again bombs without their blessing

Top Capitol Hill Democrats, and a small number of Republicans, watched in alarm Saturday as the administration launched a major US assault on Iran, decrying President Donald Trump’s call for the overthrow of another foreign government without their expressed approval.

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Feb 28 • 3:36 PM EST • Politics • cnn.com
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Trump vies for Bush’s crown for worst foreign policy decision in history

The US president upended half a century of US foreign policy in an eight-minute video with another act of Middle Eastern regime change

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Feb 28 • 12:33 PM EST • Politics • theguardian.com
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Is Greenland’s health system as bad as Donald Trump says it is?

Greenland’s government has reiterated the need for foreign healthcare staff and the strengthening of its health system following a US statement alleging patients are not properly treated in the country.

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Feb 28 • 2:00 AM EST • Health • euronews.com
New York businesswoman sentenced to nine years for $30m political finance scheme

Sherry Xue Li ripped off millions from foreign investors and funnelled some stolen money into US political campaigns

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Feb 27 • 6:17 PM EST • Politics • theguardian.com
Foreign aid is back from the dead — but it’s in the hands of the people who tried to kill it

Both parties just approved billions for lifesaving aid abroad. Will Trump actually spend it?

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Feb 27 • 6:30 AM EST • Health • vox.com
A new Gallup poll shows how Americans’ sympathies have shifted in the Israeli-Palestinian conflict

The numbers reflect how support for Israel has become deeply contentious in the US, with profound implications for American politics and foreign policy.

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Feb 27 • 4:19 AM EST • Politics • bostonglobe.com
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Trump’s Foreign Policy: Resurrecting Empire

President Trump’s approach is a revival of the mission of empire — acquiring the territories and resources of sovereign peoples.

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Feb 27 • 12:00 AM EST • Politics • nytimes.com
One Nation, an Anti-Immigration Party in Australia, Rises in Polls After Bondi Massacre

The foreign roots of the men accused of killing 15 at a Jewish event have helped make Pauline Hanson and her One Nation party more palatable for some Australians.

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Feb 26 • 12:01 AM EST • Politics • nytimes.com
Exclusive | Spy Agency Blocks Congress From Seeing Gabbard Whistleblower Intelligence

Tulsi Gabbard’s office rejected Democratic efforts to see all the underlying material about a foreign conversation that discussed Jared Kushner.

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Feb 25 • 10:09 AM EST • Politics • wsj.com
Live updates: Trump, GOP celebrate wins; surgeon general pick faces Senate

President Trump delivered a record-setting State of the Union address Tuesday night, when he zeroed in on his signature economic and foreign policies, while laying criticism on the Supreme Court an…

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Feb 25 • 8:39 AM EST • Health • thehill.com
State of the Union offers Trump a chance to make the case for his foreign policy approach

President Donald Trump's State of the Union address is expected to tilt heavily on domestic issues, but it's also a chance for the Republican to make the case for his foreign policy efforts to Americans who are increasingly demonstrating uneasiness about his priorities.

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Feb 24 • 3:34 PM EST • Politics • pbs.org
🙂 Positive (35%)
MAGA Meets Europe: Trump’s Envoys Rip Up Diplomatic Playbook

At least Bill White, Donald Trump’s ambassador to Brussels, showed up when summoned by the foreign ministry over some undiplomatic interventions into Belgian politics.

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Feb 24 • 10:07 AM EST • Politics • bloomberg.com
Trump’s Tariffs Go Into Effect at 10 Percent, Not 15

The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on Saturday.

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Feb 24 • 9:19 AM EST • Politics • nytimes.com
France restricts US ambassador’s access to officials after summons no-show

US Ambassador sends embassy official in his place, his second time to skip a summons from the French Foreign Ministry.

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Feb 24 • 1:54 AM EST • Politics • aljazeera.com
Ayatollah Khamenei's Politics of Martyrdom Means Iran Won't Surrender to Trump's United States

Iran's leader is unlikely to ever accept surrender to the United States.

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Feb 24 • 1:22 AM EST • Politics • foreignpolicy.com
Panasonic turns off US TV business with handover to Chinese rival

Skyworth to take over most of Japanese electronics group’s foreign television operations

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Feb 23 • 10:17 PM EST • Business • ft.com
😐 Neutral (0%)
THE WEEK OF FEB 23, 2026

- NSF director nominee announced - Confusion over NIST foreign researcher policies - Science Republicans reviewing AI laws

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Feb 23 • 12:41 PM EST • Science • aip.org
81% of Americans Say Money Controls Politics – Can a Constitutional Amendment Fix It?

Polls consistently show that nearly all Americans across the political spectrum agree that there is too much money in politics – whether from foreign sources, corporations, or so-called “dark money” groups.

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Feb 23 • 11:35 AM EST • Politics • ivn.us
😐 Neutral (0%)
Science journalism on the ropes worldwide as U.S. aid cuts bite

Federal freezes to foreign assistance are affecting grants for investigative reporters everywhere—but especially in poorer countries

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Feb 22 • 8:00 AM EST • Science • scientificamerican.com
‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss

Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.

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Feb 21 • 12:00 AM EST • Business • nytimes.com
The Supreme Court just blew up Trump’s foreign policy

How will Trump get countries to do what he wants without tariffs?

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Feb 20 • 4:31 PM EST • Politics • vox.com
Takeaways: Supreme Court stands up to Donald Trump on emergency tariffs

The Supreme Court struck down President Donald Trump’s sweeping emergency tariffs on Friday, a significant decision that could redirect the course of the administration’s economic and foreign policy agenda.

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Feb 20 • 3:39 PM EST • Politics • cnn.com
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Trump warns he's considering limited strikes as Iranian diplomat says proposed deal is imminent

President Donald Trump has warned that limited strikes against Iran are possible even as the country’s top diplomat says Tehran expects to have a proposed deal ready in the next few days following nuclear talks with the U.S. Trump’s remarks Friday came a few hours after Iranian Foreign Minister Abbas Aragchi said on MSNOW’s “Morning Joe” show that his country was planning to finalize a draft deal in “the next two to three days” to then send to Washington

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Feb 20 • 12:32 PM EST • Politics • washingtonpost.com
Supreme Court rules that Trump’s sweeping emergency tariffs are illegal

The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

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Feb 20 • 10:03 AM EST • Politics • cnn.com
Science Democrats Concerned Over Reports of Problematic NIST Policy for Foreign Researchers

The House Committee on Science, Space and Technology

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Feb 20 • 7:00 AM EST • Science • democrats-science.house.gov
Leading US Research Lab Appears to Be Squeezing Out Foreign Scientists

House Democrats are demanding answers from the National Institute of Standards and Technology and urging it to halt rumored changes they say could undermine its mission.

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Feb 20 • 5:00 AM EST • Science • wired.com
Federal proposal limiting foreign scientists at Boulder lab disrupts Colorado’s quantum industry

A proposed update to a federal security policy on government-funded research could shut out non-US associates from the federal lab after March

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Feb 19 • 6:00 AM EST • Science • coloradosun.com
United States and Madagascar to Implement $175 Million Five-Year Health MOU - U.S. Embassy in Madagascar

United States and Madagascar to Implement $175 Million Five-Year Health MOU U.S. and Malagasy health officials are convening in Antananarivo for a two-day joint review process, marking the first major step in implementing the strategic health cooperation framework established in the Memorandum of Understanding (MoU) signed between the two countries in December 2025. The MoU outlines the structure and terms of U.S. support to Madagascar’s health sector from 2026 through 2030, with a total commitment of $134,305,000 from the U.S. Government and $41,216,252 from the Government of Madagascar working jointly to address malaria, maternal and child health, polio and global health security issues. This approach reflects the America First Global Health Strategy by prioritizing effective, results-driven cooperation that advances mutual health security and supports Madagascar’s progress toward self-reliance and independence from foreign assistance. The events bring together U.S. Government health experts and Madagascar’s Ministry of Public Health leadership to conduct a comprehensive review of seven major health programs currently supported by United States funding, discussing current activities, and developing recommendations for programs to align with the signed Memorandum of Understanding, which advances both the America First Global Health Strategy and the Government of Madagascar’s goals. “This memorandum sets the course for U.S. strategic cooperation and support to Madagascar’s health sector over the next five years,” said Chargé d’Affaires Stephanie Arnold at the workshop’s opening. This review will help determine how to maximize the effectiveness and impact of these programs, ensuring resources provided by U.S. taxpayer dollars are used wisely,” she added. “By working together to address global health challenges, we demonstrate America’s leadership and commitment to a safer, healthier world, making both the United States and Madagascar healthier and stronger.” Under President Trump’s leadership, the United States is implementing a Global Health Strategy for foreign assistance that emphasizes increased host country ownership, resilient health systems and human resource capacity to reduce dependency, maintaining frontline support to reduce infectious disease threats, and strong performance monitoring systems for accountability and service delivery. “Diseases do not respect borders, and when we support Madagascar’s capacity to detect, prevent, and respond to infectious disease threats, we are contributing to global health security that benefits communities both here and in the United States,” Arnold emphasized, noting that “The MoU represents a commitment to transparency, accountability, and results.” The United States recognizes the commitment of Malagasy leadership in prioritizing investment of time and significant resources on the healthcare of their own citizens. With recent changes in leadership, Madagascar has an opportunity to strengthen governance, improve performance, and move forward toward greater self-reliance, particularly in the healthcare sector. Through strategic focus and thoughtful collaboration under this MoU, U.S. health programs in Madagascar will deliver meaningful results that advance both countries’ interests while supporting Madagascar’s journey toward greater self-reliance and a healthy future.

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Feb 19 • 1:33 AM EST • Health • mg.usembassy.gov
Money Talks as India Searches for Its Place in Global A.I.

Narendra Modi, the prime minister, convened foreign leaders, the richest Silicon Valley companies and thousands of Indian entrepreneurs for a week of deal making.

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Feb 19 • 12:01 AM EST • Business • nytimes.com
Business Restructuring Review

In This Issue: The Year in Bankruptcy: 2025 A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments. [read more …] U.S. Bankruptcy Court Denies Chapter 15 Recognition of Maltese Liquidation Absent Evidence of Meaningful Activities Supporting Finding of COMI or Establishment in Malta In In re Geden Holdings, Ltd., No. 25-90138, 2025 WL 2484883 (Bankr. S.D. Tex. Aug. 28, 2025), stay pending appeal denied, No. 25-90138, 2026 WL 97993 (Bankr. S.D. Tex. Jan. 13, 2026), the U.S. Bankruptcy Court for the Southern District of Texas ruled that, for purposes of recognition under chapter 15 of the Bankruptcy Code, although a foreign debtor may have had its center of main interests ("COMI") or an establishment in Malta when a liquidation proceeding was commenced for it in a Maltese court in 2017, the absence of any meaningful activity by the debtor's liquidator from that time until the liquidator filed a chapter 15 petition in the United States more than five years later meant that the debtor had neither a COMI nor an establishment in Malta on the chapter 15 petition date. The court accordingly denied the petition for recognition. [read more …] The Ninth Circuit's Expansive Reading of "Financial Accommodations" that Cannot Be Assumed or Assigned in Bankruptcy It is generally well understood that agreements to extend credit or provide financing to a debtor cannot be assumed or assigned in bankruptcy. Even so, the provision of the Bankruptcy Code that precludes assumption or assignment—section 365(c)(2)—also extends to "financial accommodations," a term that is not defined in the Bankruptcy Code and has been the subject of relatively few bankruptcy and appellate court rulings. The U.S. Court of Appeals for the Ninth Circuit examined the meaning of the term in In re Svenhard's Swedish Bakery, 154 F.4th 1100 (9th Cir. 2025). The court of appeals ruled that a deeply discounted settlement of pension plan withdrawal liability is a "financial accommodation" that cannot be assumed or assigned, thereby extending the reach of section 365(c)(2) well beyond conventional lending arrangements. [read more …] Pennsylvania District Court Applies "Hypothetical Test" in Determining that Patent License Agreement Is Assignable in Bankruptcy In Crivella Holdings Ltd. v. Mesearch Media Technologies Ltd., No. 2:25-cv-333, 2025 WL 2443400 (W.D. Pa. Aug. 25, 2025), the U.S. District Court for the Western District of Pennsylvania affirmed a bankruptcy court ruling denying a software licensor's motion for relief from the automatic stay to terminate the license agreement. The court found the license was assumable in bankruptcy under the Third Circuit's hypothetical test as a result of language in the agreement stating that it could be assigned to a "successor in interest" of the debtor without the licensor's further consent, thereby overriding federal patent law's general prohibition against the assignment of patents. [read more …] New York Bankruptcy Court Denies Motion to Terminate Chapter 15 Recognition and Dismiss Chapter 15 Case In In re Oi S.A., No. 23-10193 (LGB), 2025 WL 2806591 (Bankr. S.D.N.Y. Oct. 1, 2025), the U.S. Bankruptcy Court for the Southern District of New York considered whether chapter 15 recognition of a debtor's Brazilian restructuring proceeding should be terminated and the case dismissed due to the debtors' financial deterioration and inability to satisfy its restructuring plan obligations after entry of the recognition order. The court denied the motion, concluding that recognition of the Brazilian proceeding and a court-approved restructuring plan for the debtors should not be terminated under section 1519(d) of the Bankruptcy Code—according to the court, the sole authority for revocation of chapter 15 recognition—because, among other things, the restructuring proceeding was still pending, the debtors might still need relief authorized under chapter 15, and the debtors' prospects for reorganizing under a hypothetical chapter 11 case were uncertain at best. It also found that no provision of the Bankruptcy Code authorizes the dismissal of a chapter 15 case. [read more …] Newsworthy Effective January 1, 2026, Jones Day welcomed Isel M. Perez (Miami), Andrew M. Butler (New York), Sid Pepels (Amsterdam), and Anna C. Bretting (Munich) to the partnership in the Business Restructuring & Reorganization Practice. Sid Pepels (Amsterdam) has been nominated for the Future Leader Award by the Global Restructuring Review, an organization that acknowledges and honors excellence within the global restructuring and insolvency sector. This award is designed to recognize exceptional contributions made by both individuals and firms in the field. The 2026 edition of Chambers UK recognized Ben Larkin (London) in the practice area Restructuring/Insolvency and Adam R. Brown (London) in the practice area Restructuring/Insolvency: Litigation. The 2026 edition of Chambers Asia-Pacific ranked Roger Dobson (Sydney) in the practice area Restructuring/Insolvency. An article written by Corinne Ball (New York) titled "Backstop Fees for Lenders in Chapter 11 Plans: Absent Market Test, Equality of Treatment Now Required in Fifth Circuit After 'ConvergeOne'" was published on November 12, 2025, in the New York Law Journal. An article written by Oliver S. Zeltner (Houston) titled "Delaware Bankruptcy Court: No Legal Authority for Chapter 11 Plan Gatekeeping Provision" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) titled "First Impressions: Eleventh Circuit Rules that Annulment of Automatic Stay Does Not Violate U.S. Supreme Court's Prohibition of Nunc Pro Tunc Orders" was published on November 21, 2025, by Lexis Practical Guidance. An article written by Genna Ghaul (New York) titled "Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), David S. Torborg (Washington), and Ben Rosenblum (New York) titled "New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only Minimal U.S. Assets" was published on November 21, 2025, by Lexis Practical Guidance. The M&A Advisor has recognized the Silvergate Capital Corporation Bankruptcy case as the Chapter 11 Reorganization of the Year (over $5 billion) during its 20th Annual Turnaround Awards. Jones Day is listed among the professionals for the representation of Exploration Capital, which was led by Joshua M. Mester (Los Angeles). Lawyer Spotlight: Sid Pepels Sid Pepels, a partner in Jones Day's Amsterdam Office, litigates and advises clients on commercial and international insolvency matters, with a focus on complex restructurings and insolvencies. He has advised and litigated high-profile cases, including: the cross-border WHOA (Wet Homologatie Onderhands Akkoord) proceedings concerning Vroon Group and Diebold Nixdorf; proceedings on behalf of expropriated SNS Reaal bond holders against the Dutch State; the bankruptcy of Intertoys, the leading Dutch toys retailer; the restructuring of Oi, the Dutch finance vehicle of the Brazilian telecom giant; and Blokker, the leading Dutch home appliances retailer. Sid holds a Ph.D. in European insolvency law and regularly publishes in academic journals on topics of cross-border insolvency. He has been recognized in The Legal 500 Netherlands and was noted by his peers for being client-minded and a creative thinker with a "strong grasp of the law and strong interpersonal skills." Sid was also nominated for the "Future Leader" award at the Global Restructuring Review Awards 2025. He is a board member for the Netherlands Association for Comparative and International Insolvency Law and a NextGen member of the International Insolvency Institute.

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Feb 18 • 7:00 AM EST • Business • jonesday.com