U.S. President Donald Trump’s recent foreign-policy moves have alienated the country’s traditional allies in Europe while stirring glee in Moscow. While it’s a catastrophic development for Ukrainian security and democracy, this paradigmatic shift portends much larger risks for global security. The most pressing is the threat of rampant nuclear proliferation that the Trump administration’s actions…
The incoming German government, rattled by the prospect of U.S. President Donald Trump withdrawing security guarantees, is preparing a fundamental readjustment of its defense posture. The new coalition of Christian Democrats (CDU/CSU) and Social Democrats (SPD) has already agreed to push for changes to the debt brake that would pave the way to dramatically higher…
(Bloomberg) — Germany’s highest-stakes election in years is paving the way for a pivot to increased spending, with markets predicting the end of an era for constrained fiscal policy. Most Read from Bloomberg The euro rose 0.3% to nearly $1.05 in Asia after exit polls and early vote projections showed the conservative bloc led by…