Dec 16, 2019

Battle of the Bulge, 75 years on: U.S. delegates honor soldiers in Belgium

American troops manning trenches along snowy hedgerows in the northern Ardennes Forest during the Battle of the Bulge in World War II. Photo: George Silk/The LIFE Picture Collection via Getty Images

House Speaker Nancy Pelosi led a bipartisan congressional delegation to the Belgian town of Bastogne to join weekend-long commemorations marking the 75th anniversary of World War II's Battle of the Bulge.

Why it matters: The battle, which began Dec. 16, 1944, and ended Jan. 25, 1945, was the last major German Western front offensive of the war.

  • The Americans "suffered some 75,000 casualties" during the fighting and Germany up to 100,000 soldiers, per the U.S. Army Center of Military History, which notes the German strength "had been irredeemably impaired."

The big picture: Hundreds of actors re-enacted the battle, also known as the Ardennes Counteroffensive, over the weekend, per Euronews.

Go deeper

When war pays dividends

Illustration: Aïda Amer/Axios

War. What is it good for? The stock market, it turns out.

The big picture: Don't pay too much attention to short-term stock-market gyrations. When you take a step back, it looks like war tends to be good — not bad — for American stocks.

Go deeperArrowJan 9, 2020

Court bans Uber's ride-hailing services in Germany

Photo: Sven Hoppe/picture alliance via Getty Images

A German court on Thursday banned Uber in the country after it ruled that the U.S. company doesn't have a license to offer transport services using rental cars, Reuters reports.

The big picture: Uber, which is active in seven German cities, also lost its license to drive passengers in London in November after city regulators claimed it risked passenger safety.

Go deeperArrowDec 19, 2019

Trump says "all is well" after Iranian strikes on bases hosting U.S. troops

Iranian mourners carry a picture of Khamenei (R) and Soleimani. Photo: Atta Kenare/AFP via Getty Images

President Trump tweeted Tuesday night "all is well" following the Iranian strikes on two Iraqi bases where U.S. troops are stationed.

Why it matters: This is the closest the current U.S.-Iran standoff has come to war, with Iran retaliating directly against the U.S. for the killing of Gen. Qasem Soleimani. However, there were no immediate reports of casualties at the bases, and Trump has appeared to signal restraint.

Go deeperArrowUpdated Jan 8, 2020