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One of the silliest ideas we have heard in a long time is the one that the EU can win a trade war against the US. The EU is not China. eurointelligence.com

my latest column in UnHerd on Elon Musk. unherd.com/2025/06/musk-h…

In our lead story this morning, we write about one important aspect of western sanctions hypocrisy. Some energy policy relationships with Russia have been so deep that some countries, including Japan and France, are struggling to extricate themselves. eurointelligence.com

European companies are experiencing a massive real exchange rate shock, as evidence mounts that China is diverting trade earmarked for the US into European markets. eurointelligence.com

A column by my colleague Jack Smith in Eurointelligence about the anti-immigration policies of Mette Fredriksen's, the country's social democratic prime minister. eurointelligence.com/column/can-the…

In our new longer-format podcast, our team discusses widely underestimated supply chain interdependencies between China, the US and the EU. eurointelligence.com/podcasts

In our lead story this morning, we write that gold has overtaken the euro as the world’s second largest central bank reserve asset – so much for the euro taking over from the dollar... eurointelligence.com

In our lead story this morning we write that the OECD has found the answer of what to reform in Germany – finance and fiscal - but the message is not getting through eurointelligence.com

my column in UnHerd on the lost art of strategic thinking in the West. unherd.com/2025/06/the-we…

Our lead story this morning on why risks of a geopolitical catastrophe are higher today than at anytime during the Cold War. eurointelligence.com

In our main story this morning we write about the appreciation of the euro and the effect this will have on transatlantic trade, coming on top of the tariffs eurointelligence.com

Has von der Leyen just hoisted the white flag in the trade talks with the US with her U-turn on China? eurointelligence.com

In our lead story this morning we take wonder about what China and Russia will do in response to US military action against Iran; eurointelligence.com

In the latest edition of our new long-format podcast, our team discusses the geopolitical consequences of the war against Iran. eurointelligence.com/podcasts

Here is my latest column in Eurointelligence on why I no longer support Eurobonds. eurointelligence.com/column/goodbye…

Pedro Sánchez is right. The Nato 5% target will over-extend European countries financially, weaken their fiscal position, and ultimately be counter-productive for their security. A fine mess. Our lead story in Eurointelligence this morning. eurointelligence.com

In our briefing this morning, we look at the long-term consequences of the US strike against Iran, and struggle to find any good outcomes. eurointellingence.com

In our lead story this morning, we write about the peace that descended on the Middle East this morning and wonder what will now happen to Iran’s nuclear programme. eurointelligence.com

our lead story this morning is about Germany’s projected increase in the debt-to-GDP ratio from 60-80%. The appetite to agree to more European debt, and the fiscal space that is left, will fall dramatically. eurointelligence.com