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Economy

Tariffs, debt, inflation, and markets: who pays the bill, and when.
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329 pieces
EDITORIAL: 5% of GDP: Europe finally pays the price of its own security
Editorial· No. 1001

EDITORIAL: 5% of GDP: Europe finally pays the price of its own security

For three decades, Europe enjoyed an extraordinary luxury: allowing itself to be protected by the United States while spending the minimum on its own…

ANALYSIS: Russian GDP Contracts — -0.2% and the Illusion of War-Fuelled Growth
Analysis· No. 980

ANALYSIS: Russian GDP Contracts — -0.2% and the Illusion of War-Fuelled Growth

In May 2026, the world learned what economists and pro-Ukraine analysts had been expecting for months: the Russian economy has officially contracted. -0.2% in…

ANALYSIS: Russia +5 Trillion Rubles for War — The Bet of an Economy at Breaking Point
Analysis· No. 976

ANALYSIS: Russia +5 Trillion Rubles for War — The Bet of an Economy at Breaking Point

Imagine a country that spends 46% of its federal budget in a single quarter on its military and security forces, while its revenues cover…

EDITORIAL: The West Under Dual Fiscal and Military Pressure — How to Finance Freedom
Editorial· No. 967

EDITORIAL: The West Under Dual Fiscal and Military Pressure — How to Finance Freedom

The West faces in 2026 a budgetary equation unlike any in its recent history. It must simultaneously pay for the fiscal mistakes of the…

DECODING: The Digital Euro Moves Forward — ECB and European Parliament Clear a Decisive Hurdle
Analysis· No. 966

DECODING: The Digital Euro Moves Forward — ECB and European Parliament Clear a Decisive Hurdle

On June 23, 2026, in Brussels, the European Parliament's Economic and Monetary Affairs Committee (ECON) voted 43 in favor, 14 against and 1 abstention…

ANALYSIS: The June 17 US-Iran agreement shatters in the Strait of Hormuz
Analysis· No. 962

ANALYSIS: The June 17 US-Iran agreement shatters in the Strait of Hormuz

On June 17, 2026, the United States and Iran signed a memorandum of understanding (MOU) — a provisional truce meant to end months of…

COMMENTARY: USMCA and Trump — When Commercial Isolationism Threatens Midwest Farms
Commentary· No. 961

COMMENTARY: USMCA and Trump — When Commercial Isolationism Threatens Midwest Farms

July 1, 2026 marks the sixth anniversary of the entry into force of the United States-Mexico-Canada Agreement (USMCA), the trade deal that Donald Trump…

OPINION: Trump Calls Green Credits a "Scam" — $369 Billion Sacrificed to Climate Denial
Note· No. 958

OPINION: Trump Calls Green Credits a "Scam" — $369 Billion Sacrificed to Climate Denial

In July 2025, President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) — a law that, among other measures, accelerates the phase-out…

COLUMN: Alibaba, Anthropic Muzzled, Huawei — the Chinese Triad Winning the AI Cold War
Column· No. 956

COLUMN: Alibaba, Anthropic Muzzled, Huawei — the Chinese Triad Winning the AI Cold War

On June 12, 2026, at 5:21 PM Eastern Time, the US Department of Commerce issued an export control directive ordering Anthropic to suspend access…

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