Why Putin and Trump Should Both Want Quick Peace Deals

IN UKRAINE and Iran, the world has two major wars that are both highly destructive in their own right and carry the potential for wider great-power conflict. Thankfully, they are also ripe for settlement, because in each case, the attacking side has very little prospect of attaining its goals by continuing the fight. So why is … Περισσότερα

Europe Should Not Let Nuclear Nonproliferation Die

The eleventh review conference of the Nuclear Nonproliferation Treaty (NPT) concluded with a whimper rather than a bang on May 22, 2026. Disagreements over language referencing Iran’s nuclear program derailed efforts to produce a consensus outcome. Reflecting the discord, the United States lambasted “the inability of some NPT States Parties to take Iran’s threat to global nonproliferation … Περισσότερα

Can the ECB Prevent Europe’s Next Debt Crisis? Fragmentation Risk Returns in 2025

Can the ECB Prevent Europe’s Next Debt Crisis? The Fragmentation Risk Is Back Europe’s Old Debt Problem Is Quietly Returning — And Markets Are Starting to Notice Amid growing concerns over global debt sustainability and financial market fragility, the European Central Bank recently made a subtle but revealing observation. In its latest Economic Bulletin, the … Περισσότερα

IMF Warns Greece on Inflation and Surpluses — But Is Athens Heading Toward Recession?

IMF Warns Greece on Inflation and Surpluses — But Is Athens Heading Toward Recession? The IMF Is Praising Greece — While Quietly Warning It At The Same Time Whenever the International Monetary Fund releases new assessments on Greece, the headlines still attract attention — even if fewer people today take the institution’s recommendations at face … Περισσότερα