Europe

  The long run is a misleading guide to current affairs. ‘In the long run we are all dead,’ wrote John Maynard Keynes in 1923. The statement seems well-suited to the environmental policies pursued by the European Union. At the heart of the European Green Deal there is the goal of climate neutrality to be […]

  The gravest threat to Europe is neither Russia nor migration. It is internal: a loss of confidence in its own civilization. No army can defend a society that no longer believes in itself. While a delegation from the United States negotiates with Moscow over a potential peace settlement in Ukraine – without European participation – the […]

  Over the past two years, European policymakers have embraced the term “de-risking” to describe the continent’s recalibrated relationship with China. While the European Union considered China a “systemic rival” in 2019, the bloc no longer seeks full “decoupling,” but aims to reduce exposure in sectors deemed strategic for security and competitiveness. The underlying concern […]

  George Bush, then a presidential candidate, famously said at the 1988 Republican National Convention in New Orleans: “read my lips: no new taxes”. The pledge not to tax the American people further was not kept. In 1990, faced with a growing budget deficit, Bush signed the Budget Reconciliation Act, which included increases of the […]

  Europe once again stands at the edge of a technological revolution—this time, in quantum computing. Widely regarded as the next tech frontier, quantum promises capabilities far beyond today’s supercomputers, with applications in drug discovery, battery development, communications, navigation, defense, and cybersecurity. As the United States and China race ahead in artificial intelligence, Brussels sees quantum […]