The long-running tragicomedy of the United Kingdom’s relationship with the European Union is, at long last, approaching its climax. Prime Minister Boris...
After British Prime Minister Theresa May’s resignation announcement, several of the candidates to succeed her have proclaimed their desire for a “no-deal...
If there is one useful conclusion that economists and investors can draw from the crazy year that has just ended - indeed, from the whole crazy decade since...
In times of political turmoil, events can move from impossible to inevitable without even passing through improbable. In early 2016, the idea of Britain...
The meeting between U.S. President Donald Trump and China’s President Xi Jinping at the G-20 summit in Buenos Aires this week is being viewed as a...
As the Brexit negotiations enter their endgame, a stalemate has become the most likely outcome. This is good news. It does not mean Britain will “crash out”...
The United States cannot win its tariff war with China, regardless of what President Donald Trump says or does in the coming months. Trump believes that he...
Will President Donald Trump back down in his trade war with China, or will he win it? The answer is probably both. Trump’s characteristic sequence of...
If something is impossible, it does not happen. If a country votes to make two plus two equal five, this “democratic decision” will eventually be overridden...
Nationalism versus globalism, not populism versus elitism, appears to be this decade’s defining political conflict. Almost wherever we look – at the United...
The sanctions against Iran reinstated by U.S. President Donald Trump raise two all-important questions that have no convincing answers. First, will this...
With economic conditions returning more or less to normal around the world after a decade of financial crises, nationalist populism is now seen as the biggest...
As U.S. President Donald Trump ratchets up his trade war with China and the Federal Reserve Board increases U.S. interest rates, the prospects for the world...
Three months ago, I argued that rising stock markets around the world were a consequence of improving economic conditions, not a sign of “irrational...
Will 2018 be the year when the United Kingdom changes its mind about leaving the European Union? Conventional wisdom says that stopping Brexit is impossible....
Since last year’s Brexit referendum, the United Kingdom has been likened to a suicide who jumps off a 100-story building and, as he falls past the 50th floor,...
Like many divorce proceedings, Britain’s negotiations with the European Union have reached an impasse that can be broken only by compromise. The solution is...
With Germany’s election over, Europe has reached the end of a season of continuous political upsets. It is now time for actions that adequately respond to the...
Full English Brexit is off the menu. Before leaving the European Union altogether, the British government now wants an “interim period,” in which the United...
Next month will mark the tenth anniversary of the global financial crisis, which began on Aug. 9, 2007, when Banque Nationale de Paris announced that the...
Shortly after U.K. Prime Minister Theresa May’s decision to call an unexpected “Brexit election,” I wrote that pro-Europeans in Britain might yet snatch...
Britain, France, the United States – which is the odd one out politically? The answer seems obvious. Last year’s Brexit referendum in the United Kingdom and...
The British election called by Prime Minister Theresa May for June 8 will transform the outlook for Britain’s politics and its relationship with Europe, but...
The Dutch are famous for building dykes that hold back the tides and storms sweeping across the Atlantic. Have the Dutch now done it again, holding back the...
Former British Prime Minister Tony Blair’s recent call for voters to think again about leaving the European Union, echoed in parliamentary debates ahead of...