Ukraine might win its war – but it won’t help the West’s wider struggle against autocracy
Led by hawks in the Biden administration, liberal democracies are stumbling into a commercial cold war with Beijing.
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Economy
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Economy
Why China and its trading allies are well placed to topple the dollar
After decades meting out sanctions and financial coercion, the US may soon feel its grip on world trade beginning to…
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Europe’s centrist parties let industry rot and society fragment. Now they’re being punished for it
In Italy, France, Germany and Britain, the flight of voters to the political extremes can be mapped on to neglected…
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The EU cannot afford to take sides in the contest between the US and China
Europe’s economy, dependent on global supply chains, is not built for Cold War-style relations.
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Ireland booms while Brexit Britain whimpers next door
While Joe Biden visits Ireland, Brexiteers said their closest EU neighbour would be “doomed” – now it’s set to be…
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Are zero interest rates coming back?
Did the IMF really predict the return of zero rates, or has it been misread?
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Germany has taken over Britain’s role as leader of the EU’s awkward squad
Olaf Scholz’s insistence on reopening the debate on fuel-driven cars was Cameron-esque in its pettiness and its short-sightedness.
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Like zombies, eurozone states are lurching towards their next financial emergency
A slow-burning crisis in which insolvent banks prop up insolvent businesses is a dangerous – and very real – possibility.
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