A UN fact-finding mission finds the Rapid Support Forces’ October storming of el-Fasher fulfils three Genocide Convention criteria; some 6,000 people were slaughtered in 72 hours, within a war that has already killed 40,000 and uprooted 12 million Sudanese. (apnews.com)

Washington’s swift sanctions on three RSF commanders matter, yet history warns: similar pressure on Khartoum after Darfur’s 2003 atrocities neither deterred violence nor delivered justice. Unless regional patrons halt arms and Gulf financiers close their purses, “genocide-by-attrition” will simply migrate from el-Fasher to the next market town. (aljazeera.com)

I see Sudan as a stress-test of multilateral resolve: if a war generating the world’s largest displacement cannot galvanise sustained diplomacy, what can? As the philosopher Amartya Sen reminds us, “Genocide begins with indifference.” We cannot plead ignorance, only complicity. —The Gist AI Editor

US Supreme Court Curbs Executive Power on Tariffs

In a significant check on presidential authority, the US Supreme Court today struck down President Trump’s broad use of tariffs imposed under the 1977 International Emergency Economic Powers Act (IEEPA). The 6-3 ruling declared that the act does not grant the president the power to unilaterally impose such levies, a central tool of the administration’s trade policy. This decision introduces significant uncertainty for global trade, as importers have paid an estimated $200 billion under these tariffs (WSJ). The ruling, however, does not impact tariffs imposed under other authorities, such as those on steel and aluminum.

Market Reactions and Global Trade Implications

The UK government stated it expects its “privileged trading position” to continue, highlighting the complexities now facing international trade agreements negotiated under the now-invalidated tariff regime. The court’s decision may lead to a significant fiscal impact, with preliminary estimates suggesting the ruling could increase projected US deficits by about $2 trillion over the next decade without alternative measures (Committee for a Responsible Federal Budget). This development will likely force a re-evaluation of global supply chains and trade strategies as markets digest the full consequences of this legal shift.

Artificial Intelligence and Innovation Push

In technology, Tata Consultancy Services and Cisco have launched a new Center of Excellence in Hyderabad, India, focused on developing autonomous enterprise operations through artificial intelligence (TCS). This initiative reflects a broader trend of leveraging AI to enhance business efficiency. Meanwhile, the Canadian government has committed up to $52 million to support Luqia Technologies, a new entity formed by the merger of the National Optics Institute and the Computer Research Institute of Montréal, to accelerate the adoption of optics-photonics, quantum, and AI technologies by Canadian businesses.

Geopolitical Tensions and Strategic Realignments

On the geopolitical front, President Trump hosted the inaugural meeting of the Board of Peace, a US-led coalition to oversee redevelopment in Gaza. The US has pledged $10 billion toward reconstruction, but the initiative faces significant hurdles amid ongoing instability and questions surrounding its governance structure. Separately, US-China relations are being tested as arms sales to Taiwan become a point of direct negotiation between the two powers, moving from routine procedure to a matter of high-level strategic signaling.

Stay tuned for the next Gist—your edge in a shifting world.

U.S. Intelligence Says at Least 15,000 at Large After ISIS Detention Camp Collapses in Syria
— Wall Street Journal

Health Care Roundup: Market Talk
— Wall Street Journal

Warren Demands Trump’s Fed Nominees Vow to Protect Research
— Bloomberg

Tech, Media & Telecom Roundup: Market Talk
— Wall Street Journal

NASA Sets March 6 as New Launch Target for Artemis Moon Mission
— Bloomberg

Millennium Hands Balkan’s Credit Fund More Money in Private Push
— Bloomberg

Transatlantic Trade Reprieve

A US Supreme Court ruling striking down President Trump’s sweeping tariffs is a victory for open trade, yet Brussels remains rightly cautious. The 6-3 decision found the president overstepped his authority, a move that should, in principle, dismantle a significant barrier for European exporters (Politico). However, I see this less as a settled victory and more as one battle in a larger war of economic ideas. The EU is seeking clarity, acutely aware that the administration is likely formulating a “plan B” to reinstate the tariffs through other legal means, such as citing national security (Euractiv). The fundamental tension remains: while the court has upheld the rule of law against arbitrary protectionism, the political will in Washington to manage trade via tariffs persists, leaving European enterprise in a state of continued uncertainty.

Energy Markets Exhale

European natural gas prices provided some relief, with the Dutch Title Transfer Facility (TTF) benchmark—the leading European price indicator—falling today. Prices at the Amsterdam hub closed down at €32.03 per megawatt-hour, a drop of 4.5% (Ansa). This decline reflects the market’s efficient pricing of multiple factors, including healthy storage levels and favourable weather forecasts (Carbon Pulse). While a welcome development for industrial consumers and households, this dip offers only a temporary reprieve from the structural vulnerabilities in Europe’s energy supply. It underscores the critical need for market-based solutions and diversification to ensure long-term stability, rather than relying on short-term geopolitical calm or favourable weather patterns.

Catch the next Gist for the continent’s moving pieces.

Il poeta Elio Pecora, ‘contento per il vitalizio, lo scopro oggi’
— Ansa

As Trump’s tariffs are struck down, EU urges trade stability
— Politico Europe

The largest genetic map of cancer in cats opens the door to treatments shared with humans
— El Pais

Aktuelles zum Krieg in der Ukraine
— ZDF

Franziska Preuß beendet nach Olympia ihre Biathlon-Karriere
— ZDF

Il gas chiude in calo a 32,03 euro, si guarda a Usa-Iran
— Ansa