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A time for choosing

Transatlantic disputes in trade and defence have escalated dramatically of late. Time is running out for Britain to find a way to leverage the “special relationship” with the US in a way that serves its national interest.

Götterdämmerung? Or Sicherheitswende?

Germany’s presumed next chancellor plans to issue a huge amount of new debt to fund military expansion. That’s likely to be not only expensive but inflationary. The best way to keep costs and inflation down would be for Germany to go nuclear.