This weekend France and Germany celebrate a treaty that was born in discord and remains the manifestation of their continued disagreements. Yet celebrating the Franco-German myth remains an imperative of realpolitik.
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Germany is in the middle of a vibrant debate about its future foreign policy and to what extent to help Urkaine. In France, Macron decides alone. Strangely, two different political cultures produce the same policy results.
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Greenmantle’s Chris Miller has won the Financial Times Business Book of the Year Award for Chip War, his timely and important account of the global battle for semiconductor supremacy, in one of the tightest contests since the prize started in 2005.
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In China, the crowd has played a revolutionary role on more than one occasion. Now, it is forcing the Chinese Communist Party to resolve its Covid-19 “trilemma,” with potentially momentous consequences.
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Why are Paris and Berlin currently so at odds with each other? The simple answer is: Scholz’ EU strategy is a copycat of Macron’s. But Europe can’t take two Macrons.
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History shows that nothing causes fiscal and monetary instability quite like multiple big, long conflicts.
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Complete decoupling is a fantasy, but component makers are already shifting production
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Lawmakers are trying to boost the crucially important American semiconductor industry, but trying to pick winners won’t work.
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The US has been generous with military and financial aid, the Europeans less so. But both must step up the effort to keep Kyiv fighting.
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Each year, nearly a third of the new computing power we rely on each is fabricated in Taiwan. This has made TSMC one of the most valuable companies in the world. It has also left the entire world’s digital infrastructure dependent on a small island that China considers a rogue province and that America has pledged to defend by force.
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American mortality is up while fertility and immigration are down. Unlike China’s baby bust, however, at least one of these is fixable.
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Pour faire atterrir des initiatives françaises en Europe, Emmanuel Macron a dû s'appuyer sur l'Allemagne – en adaptant sa stratégie. Mettre l'Allemagne sous pression en allant d'abord chercher le soutien des autres États membres a pu assurer à Paris des succès diplomatiques importants puisqu'à l'ère Scholz, Berlin se laisse porter. Mais il n'est pas sûr que cela suffise à l'heure où, au plan interne, le Président doit commencer à agir en « chancelier ».
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