A blue wave swept through the U.S. midterm elections — but will it really change anything? Despite the Democrats’ striking victory, America’s institutions remain strong, its political instincts fundamentally conservative, and dramatic policy shifts unlikely.

08.11.2026

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From Canada’s potential association to Ukraine’s future accession, the EU faces a fundamental challenge: how to expand without becoming even more centralized. Prince Michael of Liechtenstein argues that a more flexible union could offer the way forward.

05.11.2026

Military spending may boost economic output, but higher GDP does not necessarily translate into greater prosperity. Karl-Friedrich Israel explores the hidden economic costs of war, from displaced private investment to rising public debt and inflation.

04.11.2026

Tax AI to protect workers? Think again. Higher taxes on artificial intelligence could mean less investment, slower innovation and lower wages. The cure might be worse than the disease.

03.11.2026

Even close U.S. allies are moving gold out of New York, weighing geopolitical risk more heavily when deciding where to hold reserves.

01.11.2026