Mark Carney shows middle powers how to handle a dangerous world
Canada is portrayed as having benefited from the United States for decades without giving anything back, mockingly cast as a “51st state.” Despite relying on American protection, Prime Minister Mark Carney is accused of refusing to show the expected deference to the powerful neighbouring country.

Hardly his finest hour
Donald Trump risks crippling Ukraine’s fight for survival and exposing Europe to Russian aggression, seemingly to limit his losses in the upcoming midterm elections. Ukraine and its allies must decide how to respond to this course.

Will bonds blow up?
Rich-world governments face a rude awakening: investors are dumping bonds just as public debts stand roughly twice as high, relative to GDP, as at the century’s turn. Borrowing, once almost free, now costs more than at any point since the 1990s or 2000s, putting immense strain on budgets.

Germany and France want EU storm gates for China’s trade surge
China sees a weak, divided Europe: technologically outclassed, militarily dependent and reliant on Chinese supplies. Yet the EU enters trade talks armed with grievances over subsidised Chinese competition, an undervalued currency, blocked technology transfers and Beijing’s weaponisation of rare earths. China’s backing for Russia’s war in Ukraine deepens Europe’s anger.

Effective altruism is this century’s biggest idea
Effective altruism, an ethical doctrine developed by Oxford philosophers, has rapidly gained influence in Silicon Valley, leading AI companies and political circles. The Trump administration is alarmed: the Pentagon rejects an effective-altruist America, the secretary of war calls it “defective altruism”, and other officials portray it as dystopian.

Mirror life is dangerous. Regulators must act before it becomes real
SYNTHETIC BIOLOGY is moving fast and artificial intelligence is turbocharging it. Soon scientists may be able to create whole cells from scratch. This could allow the AI-assisted exploration of completely unnatural biochemistries.

When America walks away
America has no easy exit from its war with Iran. Whatever the outcome, the conflict may mark the end of its dominance in the Middle East. For the first time since the Ottoman empire’s collapse, the region’s order would no longer be imposed from afar. Whether that brings renewed violence or a fresh start remains uncertain.

Don’t let AI kill the author
Good prose and creative destruction are colliding as AI-generated writing wins literary awards, appears on op-ed pages and enters political speeches. AI probably drafted one in ten words spoken in Britain’s parliamentary debates and one in seven in America’s House of Representatives.

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