As the world descends into geopolitical competition, other powers increasingly challenge European countries' ability to defend their interests and values. Russia is willing to weaponise energy supplies, cyber capabilities, and disinformation; China invests strategically and uses state capitalism to skew the market; Turkey instrumentalises migration; Saudi Arabia leverages its energy resources. And the Trump administration is willing to exploit European dependence on the transatlantic security alliance and the dollar to achieve short-term policy goals. What unites these disparate powers is their unwillingness to separate the functioning of the global economy from political and security competition. The EU has the market power, defence spending, and diplomatic heft to end this vulnerability and restore sovereignty to its member states.
Jul-15-2019, 14:14:41 GMT