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France’s fiscal troubles shift Ukraine’s burden to Germany
Diego Faßnacht reports that France’s worsening debt dynamics and rising borrowing costs are narrowing its fiscal room to sustain Ukraine support, increasing Germany’s relative importance. But Berlin’s own political position is weakening, making Europe’s continued assistance increasingly dependent on fragile domestic coalitions and greater reliance on EU-level borrowing.
China’s industrial strength defies demographic doomsayers
Scott Foster reports that China’s demographic decline has not translated into industrial retreat, with global companies increasingly relying on Chinese suppliers, manufacturing processes and technology. Toyota’s use of Chinese components and Qualcomm’s new licensing deal with Huawei reinforce his argument that China remains a formidable industrial and technological competitor.
Russia and Europe drift further from a Ukraine settlement
James Davis reports that the diplomatic deadlock is strengthening hardline arguments in Moscow that Russia can secure its interests only through a decisive military victory rather than negotiation. With Europe maintaining support for Kiev and Washington struggling to shift either side’s position, prospects for a settlement are deteriorating further.
