A global game of thrones begins

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

We are in a real-life game of Risk. In 2019, Fiona Hill, an official at the US National Security Council during Donald Trump’s first term, said the Russians had informally proposed a plan whereby they

The Russian threat Controversy of the week “The ...

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

I never thought I’d feel nostalgia for the ...

robertskidelsky.substack.com Britain’s strategic defence review, published in June 2024, sought to “implant a war-ready mindset across society”, says Robert Skidelsky. It insisted that the UK must pre