US President Donald Trump will return to the NATO table in just a few hours for the first time since 2019. The summit in The Hague is set to be far from routine for several reasons: member states are expected to approve a 5 per cent defence spending target by 2035. It will also mark the first summit since 2022 not centred on Ukraine, raising questions about Kyiv’s increasingly uncertain future.
After last week’s big jump, crude oil prices have come down close to their pre-Iran attack levels after the conflict in the Middle East between Iran, Israel, and the United States started to cool down. In response, the major US stock index also rose.
President Donald Trump announced a full ceasefire agreement between Israel and Iran, bringing an end to what he called the 12-day war. The truce, reached with US mediation, is set to take effect Tuesday at midnight Washington time.
Hungary and Slovakia have blocked the EU’s latest sanctions package, opposing plans to ban Russian oil and gas imports. Foreign Minister Péter Szijjártó warned the move would devastate Hungary’s energy security and lead to soaring household costs.
Prime Minister Viktor Orbán has pledged to take decisive action to safeguard Hungary’s peace and security in response to the US airstrikes on Iranian nuclear facilities, citing the growing terror threat, rising energy prices, and increasing migratory pressure facing Europe.
In its ‘Beyond the Óperencia’ series, Magyar Krónika is looking at the meeting points of America and Hungary, and at Hungarians in America, from penniless peasants to political emigrants and soldiers of fortune. In this part, let us look at Béla Estván, who emigrated to the United States in the 1850s. The man of Austrian descent pretended to be Hungarian in order to make it easier for himself to succeed in his new homeland.
‘Hungary’s 25-year journey in NATO reflects a strategic synthesis of alliance loyalty and national sovereignty. Through the Zrínyi 2026 programme, Hungary has revitalized its defence industry, met NATO’s spending targets, and strengthened its role on the eastern flank.’
The 4iG Group and the Hungarian state-owned N7 Holding are jointly establishing Hungary’s first defence industry holding company with both state and private ownership. The new company is expected to boost competitiveness and increase defence exports.
‘Overall, these meetings influence policies that can lead to more coherent and effective global economic cooperation. However, in light of the tensions listed above, it is unlikely that this was one of those meetings where significant policies were adopted.’
‘Karácsony’s influence extended beyond scouting; he was also a respected teacher and writer. His works often reflected his educational philosophy and his commitment to nurturing the youth. His legacy in Hungarian education and scouting remains significant, as he played a crucial role in shaping the lives of many young people through his innovative approaches and unwavering dedication.’
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.
