TARIFF THREATS AND GEN Z SOBRIETY HAVE PUT BORDEAUX ON RED ALERT

Global markets and the new illiberalism

Is Europe’s rally already over? The continent’s bourses enjoyed their strongest start to a year relative to US stocks since 2000 in the opening months of 2025. Donald Trump’s tariff shock in April tri

“Markets appear to have their mojo back,” says The New York Times Dealbook. Shares on Wall Street wobbled at the end of last week, with even strong results from AI chip champion Nvidia failing to calm

“All government leaders know what to do. They just don’t know how to get re-elected if they do it.” Jean-Claude Juncker, the former president of the European Commission, said little of note in his pol

The long run-up to the Budget gave rise to fevered and increasingly alarmist speculation about its contents. This descended into chaos as frantic lobbying by interested parties, dire warnings by exper