The new economics of immigration

IN ONE RICH country after another, immigrants are blamed for society’s problems. On March 10th J.D. Vance, America’s vice-pre...

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America’s bullied allies need to toughen up

For decades America has stood by its friends and deterred its enemies. That steadfastness is being thrown upside down, as Don...

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Will Vladimir Putin really agree to stop his killing machine?

THE BALL, so America’s secretary of state said on March 11th, is back in Vladimir Putin’s court. Ukraine had just agreed at t...

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Trump’s erratic policy is harming the reputation of American assets

PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors fe...

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Lifting sanctions on Syria seems mad, until you consider the alternative

A decade ago Ahmed al-Sharaa was masterminding suicide-bombings as the second-in-command of al-Qaeda’s affiliate in Syria. Th...

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Britain’s leader has found purpose abroad. He needs it at home too

Was this his finest hour? Crisis has certainly revealed a different—if not quite Churchillian—side to Sir Keir Starmer, one t...

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The demise of foreign aid offers an opportunity

IT is a “criminal organisation”, says Elon Musk. It is “run by a bunch of radical lunatics”, says President Donald Trump. As ...

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Donald Trump’s economic delusions are already hurting America

In his speech to Congress on March 4th President Donald Trump painted a fantastical picture. The American Dream, he declared,...

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A fantastic start for Friedrich Merz

FOR YEARS Germany’s aversion to debt has been a millstone, leading to crippling underinvestment in defence and infrastructure...

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The lesson from Trump’s Ukrainian weapons freeze

IN AMERICA FOREIGN policy works on a simple formula: with Donald Trump in the White House, dependence leads to maltreatment. ...

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Independence | Integrity | Excellence | Openness