Europe
The European Union, its economy, its defence and the pressures pulling it apart.
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Analysis · Africa
The Sahel Didn't Replace France. It Unbundled It.
Mali, Burkina Faso and Niger are often described as having swapped France for Russia. The record shows something narrower: the security layer of France's presence was replaced quickly, through Wagner and Turkish drones, while the development finance, monetary architecture and institutional access that came with it were not replaced at comparable scale by anyone.
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Analysis · Russia & Eurasia
The Price Cap Didn't Stop Russian Oil. It Created a Toll Booth.
The price cap was meant to cut Russia's revenue while keeping its oil on the market. Its enforcement built a parallel shipping system whose costs are shared unevenly by exporters, shipowners, insurers, traders and refiners.
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Analysis · Africa
The Migration Management Trap: No Victims, No Criminals—Only Managers
Migration is neither a threat nor a tragedy. It is a system of management—and everyone is a manager.
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Analysis · Africa
Who Defines Tunisia's Geopolitical Value? How Its Environment Shapes the State Itself
Tunisia's geopolitical value is not simply imposed by Europe, America or China. It is produced through an unequal exchange in which external demands reshape domestic incentives, and eventually the state itself.
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Analysis · Europe
Canada Cannot Join Europe. It Can Get Most of the Way There.
Ottawa is exploring a status that does not exist, with a bloc whose treaties say it cannot join, to escape a neighbour that takes seven in ten of its exports. This brief sets out what is actually on the table, what is not, and how to price the outcomes.
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Analysis · Russia & Eurasia
Washington Is Now Defending Russia's Oil Refineries
American diesel passed $6 a gallon on Friday. On Sunday the President asked Ukraine to stop destroying the refineries of the country he is sanctioning. The two facts are the same fact.
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Analysis · Russia & Eurasia
Does Russia Alienate Russians It Later Claims It Must Protect?
Russia's war has driven Russians into neighbouring countries, potentially creating the very diaspora populations Moscow could someday invoke to justify political pressure or intervention.
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Analysis · Europe
Europe Is Becoming a Chinese Colony
How Europe’s trade imbalance with China is becoming a vulnerability for jobs, manufacturing, and security.
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Analysis · Russia & Eurasia
Russia Is Frustrated. Europe will be targeted next.
Britain crosses Moscow’s red lines, and NATO’s defences run dangerously low.
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Analysis · Europe
How Far Can Europe Go for Ukraine?
Europe has become Ukraine’s biggest financial backer. The real question is whether Europe’s own economy can survive the cost.
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Analysis · Europe
The Two-Tier System of the European Union
Why Fast-Tracking Ukraine Could Reshape EU Membership Forever
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Analysis · Americas
Why Greenland Is Not Worth It for Trump
Natural resources, power politics, and the high price of coercion
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Analysis · Europe
London’s Great Wealth Exodus
Why London’s Millionaires Are Fleeing And Where They’re Heading