Liz Truss and Kwasi Kwarteng went overboard in ignoring the markets, but doing the very opposite is the bigger error.

Crypto 1.0 has burst, but don't draw the wrong conclusions.

Olaf Scholz' visit to China is most notable for its desperation - the attempt to cling on to an industrial past

Western proxy wars against Russia and China and the war to limit greenhouse gas emissions cannot be all be won simultaneously.

The US, China, Germany, the UK and Russia have one thing in common: they all need a new economic model.

The Tories have a lost more than their credibility. They may have lost Brexit.

Vladimir Putin is more likely to hit a nuclear power station or trigger a dirty bomb than a order the use of a tactical nuclear weapon.

The biggest danger to European integration are old stories we believe in and that do not stand the test of time.

It is not possible to assess the probability of a nuclear war, based on the information we have now.

The bigger danger is not what Giorgia Meloni will do to the EU, but what the EU will do to her.

One of the future power configurations in German politics, the Jamaica Coalition, is no longer feasible.

Europe maybe at the beginning of an unusually severe recession, one that won't auto-reverse

In truth, the euro area's sovereign debt crisis never ended. We just chose to look the other way.

Boris Johnson's departure is ultimately about Brexit, but this will not become clear for a while.

Germany is fretting about a cold winter as Vladimir Putin may be about to unleash his strongest weapon yet.

The ECB is intent to resist market pressure to bail out governments. But it may struggle.

Part of the cryptoverse is a bubble. But not all of it.

This column makes the unfashionable case for a diplomatic solution to the war in Ukraine

The world's economic inter-dependencies are manifold and mutual. Sanctions have large network effects.

UK media and think tanks still dominate the debate about future European integration. That will not always be so.