
By A. S. H. Smyth, (*)

By Barry Eichengreen (*) - US President Donald Trump’s trade war resembles nothing so much as UK Prime Minister Margaret Thatcher’s Falklands War in 1982: one side deploys massive force, and the other withdraws with its tail between its legs.

Argentina’s long-discussed federal gambling protections bill has been delayed yet again. On August 7, 2025, the Senate confirmed it would postpone debate on the legislation, citing unresolved texts and a lack of progress in multiple committees.

The Falkland Islands will host their first international shearing and wool handling test match on 14 November 2025, featuring teams from Wales, Chile, and the Falkland Islands. The landmark event, organized by Falkland Shears in partnership with the Falkland Islands Development Corporation (FIDC), will take place at the Falkland Islands Defence Force hall in Stanley.

An Irish court has ruled in favor of Argentina, rejecting a request by plaintiffs to enforce a US$16 billion New York judgment in that country. The plaintiffs in the YPF expropriation lawsuit sought to recognize and enforce New York Judge Loretta Preska's ruling in various foreign jurisdictions, namely England, France, Luxembourg, Australia, Canada, and Cyprus. However, the Irish court's decision was the first to deny this request.

Digital entertainment has evolved from mindful leisure choices to entrenched components of the daily cycle. Fewer people can now distinguish so readily between strategic entertainment decisions and habitual behavioral routines that fill idle time intervals throughout the day. The outcome relates to all from surfing social media to gaming sessions, and it creates a new category of half-aware digital consumption.

Brazil's Chamber of Deputies will hold its first public hearing on creating a national Bitcoin reserve on August 20, 2025. The country appears ready to join a small group of nations exploring cryptocurrency as part of their financial strategy. Bill 4501/2024 would let Brazil spend up to 5% of treasury funds on Bitcoin, which equals about $15 billion given the central bank's $300 billion in reserves.

US President Donald Trump met Monday with Ukraine's Volodymyr Zelensky and other European leaders following his encounter with Russia's Vladimir Putin to keep working towards a solution to the ongoing crisis.

During his recent trip to Brazil, former US Vice President Al Gore said that his country's stance on the climate crisis was schizophrenic, changing from one view to another, depending on who ruled. In his first term in office, between 2017 and 2021, Donald Trump withdrew the US from the Paris Agreement, whose main objective is to limit global warming to 1.5°C. But then came Joseph Biden, and the country returned to the agreement, only to pull out yet again with Trump's second term.

Haitian National Police (PNH) Acting Director-General Vladimir Paraison and Canada's Ambassador to Port-au-Prince André François Giroux discussed cooperation regarding security issues, particularly training, logistics, and institutional development.