Articles

The long road to European autonomy: Fine words, little action. Scott Bessent suddenly finds himself in need of allies

Everyone is talking about an asset price bubble: America's stock market bubble meets China's rare-earth weapon

China's economy is unbalanced - but Beijing's strategic advantage over the United States is strengthening under Trump 2.0

A Tech Bubble Different from Dotcom in an Environment of Hostile Geopolitics

What if Trump's trade policy hits the Great Wall of China and expectations for AI begin to disappoint?

Beijing Has the Strategic Upper Hand Over the USA - and Its Investment in Africa Is Now Paying Back Threefold

The AI-generated English transcript of the podcast about The Role of AI and Robotics in Europe is available here

Berlin coalition agrees on reforms. Still far too weak to absorb massive infrastructure and defence spending

Japan Moves Sharply to the Right: Sanae Takaichi Faces a Very Different Environment from Shinzo Abe in 2012

Presidential Election May Become Necessary. National Rally Will Not Have Much Room for Manoeuvre. Even Hinting at an EMU Exit Would Trigger 'Asset Price Devaluation'.

European Deregulation by the Back Door

Leadership by Fear risks derailing Trump 2.0

Europe's Tight Labour Market Buys Time, But Not Security. The EU Needs Strong Leadership - 'Preferably Without a Moustache'

The Danish 'drone crisis' shows that action matters more than slogans. Must-listen podcasts

Berlin's Zeitenwende: From Defensive Shield to Offensive Doctrine. AfD Surges Ahead

Russian Hybrid Warfare Will Inevitably Undermine Consumer Confidence and Reshape Spending Patterns in Europe

The IFO survey shows the German economy is still only on the 'edge of an upswing'. The risk of crowding out is high. Putin's provocations help Berlin

When 'All Else Equal' No Longer Applies: Europe's Bond Market Reckoning

Artificial Intelligence and the Economic Tightrope: Growth, Resource Constraints and Monetary Policy

The Federal Reserve faces a difficult task. It must also take into account the macro impact of Artificial Intelligence

Trump's London Visit Risks Political Shockwaves Across Europe

No Relief in Eurozone Wage Pressure as Major Defence and Infrastructure Investments Loom

Deflationary pressure triggers an outright decline in China's private investments. Much is at stake in trade negotiations

Uncle Sam Cashes In on Tariffs to Cover the Deficit - but Opposition to the Emperor Mounts

Another Putin miscalculation: Moscow just made military build-up easier in Europe

France's Debt Structure and EMU Provide 'Protection' Until the Presidential Election in 2027

Germany's Economy: High Hopes, Slow Delivery - Expectations Drive Markets, but Berlin Faces Harsh Realities

There will be no updates from August 25 to September 8 (both dates inclusive) due to vacation.

Trump's War on the Fed: Political Attacks, Housing Weakness and the Risk of Eating His Own Tail

The White House meeting: Peace talks or costly compromise? Why Europe could face an ever larger burden in Ukraine's reconstruction

From tariffs to peace deals: Why Trump's foreign policy and economic strategy may falter

Beijing is prepared - but are Chinese households prepared for what political stubbornness can lead to?

What America Gains on the Swings, It Loses on the Roundabouts - But the Price on the Swings Can Rise Even More

A US-Russia deal would be like removing the control rods from a nuclear reactor

The White House can now tick off inflation, the labour market, and soon, perhaps, 'controlling the Federal Reserve'

Germany: The gap between 'hope' and 'reality' is widening a little too much these days. Berlin is short of 172 billion euro

China's trade report: The economy is weak, but Beijing has taken the lead, unintentionally fuelled by Washington

The US labour market is weakening. Basta. Washington is on a statistical slippery slope. Next step: Tighter capital control?

America's trade aggression: Will the world finally push back on a vulnerable US economy?

Why China cannot yield to Trump's trade demands - except for buying more Boeing jets

The EU survey shows neither a hot nor a cold economy. Status quo is no longer an option

The dwarf's dilemma: EU's concession to Trump exposes strategic weakness and creates division. A complicated ratification process in the EU is coming

Germany's IFO survey maintains 'momentum' despite political noise. Poor corporate results could be 'good news'

Friedrich Merz's shaky start clouds the outlook for Germany's economic reforms

Britain's fiscal straitjacket makes a bad situation worse. Interest payments rise to highest level since the 1990s

Japan's political disarray arrives at the worst possible moment - with lessons for Germany

Factory gate inflation pressure jumps to the highest since 1988, while the White House talks about radical Federal Reserve changes

Digital sovereignty and defence: Why a full-fledged EU-US trade war might be the wake-up call Europe needs

China's 'perfect' Q2 GDP report masks reality. Trump's new Russia policy pressures the EU on China

The art of the spin takes on the EU: The 'mafia boss' will demand even more next time. The limit has been reached

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