Wolfgang Munchau
speaks with a German accent, writes with a British one. Director of Eurointelligence; Columnist for New Statesman and DL News
Articles
-
1 week ago |
unherd.com | Wolfgang Munchau
European UnionKeir StarmerPoliticsTrade warTrump's tariffsUK Nearly a fortnight into Donald Trump’s tariff war, Europe’s leaders are already taking sides. Italian Prime Minister Giorgia Meloni will pay homage to the American President later this week, while Spanish Prime Minister Pedro Sánchez dropped in on China’s President Xi Jinping last week. At this rate, the feuding superpowers could carve up the Continent.
-
2 weeks ago |
eurointelligence.com | Jack SMith |Jack Smith |Wolfgang Munchau
The fall in oil price is both dramatic in terms of its scale, and the reasons that lie behind it. This is not only about Donald Trump. As of the morning of April 8th, Brent crude is down to $60.27 a barrel, $19.59 down on the week, and $19.25 on the year to date. In the same time, West Texas Intermediate has gone down to by almost 20%, to $58.38 at market open. Two different factors have triggered the sell-off.
-
2 weeks ago |
unherd.com | Wolfgang Munchau
EconomyPoliticsTariffsTrumpUS The international financial markets are the closest thing we have to a global consensus view on economics. And the wisdom of this crowd is usually greater than that of your average politician. More often than not, the crowd wins. In the UK, the financial markets sank Liz Truss without much of a fight. And bond market vigilantes have ended many political careers. Last week, it passed its devastating judgment on Donald Trump’s “Liberation Day”.
-
3 weeks ago |
unherd.com | Wolfgang Munchau
Donald TrumpFree tradeGlobalisationPoliticsTariffsUS When regimes end, they end in phases. Communism died over a period of 10 years, starting with the strike at the Gdansk shipyard in 1980. The fall of the Berlin Wall in 1989 was the great symbolic episode, and the 1991 coup against Mikhail Gorbachev was the final push. Yesterday was globalisation’s Gorbachev moment. Trump’s first term was Gdansk, the canary in the coal mine.
-
3 weeks ago |
unherd.com | Wolfgang Munchau
Donald TrumpEuropemark carneyNatoPoliticsTariffs Europe is appalled. Donald Trump has delivered a wake-up call that it cannot ignore. We have long been in denial about the state of our relationship with America, knowing about our dependency, but have done nothing to correct it. This is classic bloc behaviour. It was the same during the euro crisis, when our leaders would keep on kicking the can down the road. They still do. Mark Carney, however, understands the need for action.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 51K
- Tweets
- 7K
- DMs Open
- No
My latest column for UnHerd. On industries that will come back - and on those that won't. https://t.co/XNADNRxVCc
In our lead this morning, we write that – from the perspective of the Trump administration – the fall in the dollar’s exchange rate is a feature, not a bug. https://t.co/5k79LAUuoq
The idea that tariffs will hurt the deficit country more than the surplus country is wishful thinking. In our latest podcast our team discusses the devastating effects Trump's tariffs will have on Europe. https://t.co/Mb711WwTS9