Non-deliverable swaps (NDS) are currency swaps settled in U.S. dollars, without involving physical currency exchange. Multinational corporations and financial institutions use NDSs to hedge risks in ...

Australia’s 2026 National Defence Strategy (NDS) marks a quiet but consequential shift from its predecessor, fundamentally redefining the political objective underpinning the Australian Defence ...

Defence Minister Richard Marles has released the 2026 version of Australia’s National Defence Strategy (NDS). In a speech critical of previous governments, and which took a combative stance on the ...

The release of the National Defense Strategy earlier this year marks a watershed moment in American history, representing the most significant shift in global posture since the end of the Second World ...

On January 23, 2026, Secretary of War Pete Hegseth issued the unclassified 2026 National Defense Strategy (2026 NDS), which sends a very clear signal to defense contractors and defense sector ...

On January 23, the U.S. Department of Defense (DOD), recently renamed the Department of War, released the unclassified version of its long-awaited National Defense Strategy (NDS). In line with the ...

The Air Force Honor Guard Drill Team rehearses for Qatar's International Festival of Military Music and Marching in Doha, Qatar, Dec. 15, 2025. (Photo: Air Force Senior Airman Geneva Nguyen) The U.S.

President Trump in his first term and since reentering office in January 2025 has rebuilt the American military to be the world’s absolute best—its most formidable fighting force. But it is essential ...

An aerial view of the Pentagon, Washington, D.C., May 15, 2023. (War Department photo by U.S. Air Force Staff Sergeant John Wright) America First. Peace Through Strength. Common Sense. These bolded ...

WASHINGTON — The Pentagon’s unclassified version of the National Defense Strategy places the homeland as the department’s number one priority above the Indo-Pacific, and seemingly signals cuts to come ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. The Negotiated Dealing System (NDS) is an electronic platform by the Reserve Bank of India for trading government ...

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