America’s Fiscal Crisis Is Europe’s Chance to Build a Treasury Market of Its Own
The EU should seize the moment to gain strategic autonomy by creating its own safe asset.
The EU should seize the moment to gain strategic autonomy by creating its own safe asset.
Central banks are again poised to raise rates against an oil-shock inflation — and again the costs will dwarf the effects.
Leveraging the EU Single Market to escape the Trump Trap
As Washington turns transactional and Beijing rises, Europe must convert its economic weight into genuine strategic power.
The bloc has swapped Russian pipelines for American tankers — without breaking its addiction to imported fossil fuels.
Without large-scale joint debt and deeper safe-asset markets, the euro cannot capitalise on Trump's assault on dollar credibility.
Spain's heretical VAT cut tames inflation—a model for Europe as Trump's tariffs and Middle East shocks bite.
The great powers have competing theories of victory; Britain's path leads inevitably to alignment with Europe.