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Paris Takes the Head of Eramet's Table Without Saying What the Seat Costs

Resources & Statecraft Desk

+1

Paris Takes the Head of Eramet's Table Without Saying What the Seat Costs

The €500 million is the whole rights issue; the state's commitment is a share, a purchase of the other holder's rights and a voting ceiling, and its price is not in the release.

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Oct 28, 2026


Australia's Latest Solar Grants Build the Machines That Build the Solar Farms

Energy & Transition Desk

+1

Australia's Latest Solar Grants Build the Machines That Build the Solar Farms

A solar program is paying for construction equipment, not modules, with a small check that moves the definition of the chokepoint.

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Oct 26, 2026

Japan's US$21 Billion for GlobalFoundries Is a Ceiling With One Fab Inside It

Compute & Connectivity Desk

+1

Japan's US$21 Billion for GlobalFoundries Is a Ceiling With One Fab Inside It

Tokyo supplies the project capital, Washington takes a stake in the operator by re-pointing a subsidy it had already granted, and the title to the cleanroom is the fact neither government has published.

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Oct 26, 2026

The Defense Lender Turns to Generic-Drug Ingredients, With Conditions Attached

Health-Sovereignty & MedTech Desk

+1

The Defense Lender Turns to Generic-Drug Ingredients, With Conditions Attached

A US$80 million conditional commitment, not a loan, from a lender built for the defense industrial base, aimed at the upstream inputs of medicines rather than the pills.

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Oct 26, 2026

Capital Statecraft

Intelligence on the Allocator State: how governments deploy capital as a tool of policy, and where private markets meet it.

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Capital Statecraft: Historical Foundations and Contemporary Architecture

White Paper

Capital Statecraft: Historical Foundations and Contemporary Architecture

Randy C. Mitchell

•

Jul 31, 2026

Latest


Paris Takes the Head of Eramet's Table Without Saying What the Seat Costs

Resources & Statecraft Desk

+1

Paris Takes the Head of Eramet's Table Without Saying What the Seat Costs

•

Oct 28, 2026

Australia's Latest Solar Grants Build the Machines That Build the Solar Farms

Energy & Transition Desk

+1

Australia's Latest Solar Grants Build the Machines That Build the Solar Farms

•

Oct 26, 2026

Japan's US$21 Billion for GlobalFoundries Is a Ceiling With One Fab Inside It

Compute & Connectivity Desk

+1

Japan's US$21 Billion for GlobalFoundries Is a Ceiling With One Fab Inside It

•

Oct 26, 2026

The Defense Lender Turns to Generic-Drug Ingredients, With Conditions Attached

Health-Sovereignty & MedTech Desk

+1

The Defense Lender Turns to Generic-Drug Ingredients, With Conditions Attached

•

Oct 26, 2026

Shanghai Agrees to Pay RMB 19.1 Billion to Move Hua Hong's Parent From One State Hand to Another

Compute & Connectivity Desk

+1

Shanghai Agrees to Pay RMB 19.1 Billion to Move Hua Hong's Parent From One State Hand to Another

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Oct 12, 2026

Washington's Defense Lender Offers Wolfspeed a Ceiling and Asks for Warrants

Compute & Connectivity Desk

+1

Washington's Defense Lender Offers Wolfspeed a Ceiling and Asks for Warrants

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Oct 12, 2026

EXIM Approves a US$770 Million Direct Loan for Mesabi Metallics' Iron Ore Mine

Resources & Statecraft Desk

+1

EXIM Approves a US$770 Million Direct Loan for Mesabi Metallics' Iron Ore Mine

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Oct 12, 2026

EXIM's US$7 Billion Is a Ceiling, Its US$6 Billion a Term Sheet, and the Documents Do Not Nest Them

Energy & Transition Desk

+1

EXIM's US$7 Billion Is a Ceiling, Its US$6 Billion a Term Sheet, and the Documents Do Not Nest Them

•

Oct 5, 2026

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Capital Statecraft

Intelligence on the Allocator State: how governments deploy capital as a tool of policy, and where private markets meet it.

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