Defence
On the defensive: Europe must co-ordinate its defence procurement to avoid past mistakes
European defence stocks are booming. In the first quarters of 2025, indices such as the Stoxx 600 added more than $100bn (€92bn) in market value. This is down to the start of a massive…

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Affairs
Ready and waiting
Lithuania might be small but this plucky Baltic nation’s proximity to Russia means that it is ramping up its military might. Monocle meets its newest conscripts.

Affairs
Pushing out the boats
With territorial disputes in the East China Sea intensifying, the Japan Coast Guard has had to rapidly evolve. We drop anchor at Ishigaki Island, where its crew police these vital waters.
