Geopolitical power is hardly achievable without military capabilities and cannot be secured in the long term. In order to maintain military capabilities in the long term, sound public finances are needed.

Now we seem to have the first case of a European group considering spinning off its China business because of geopolitical risks.

The EU Commission's legal framework does not create incentive structures that make the digital euro so attractive to citizens as to trigger a salutary compulsion for monetary reform.

The Turkish central bank has raised its key interest rate. However, further interest rate hikes will probably be necessary until the decline of the Turkish lira is halted and inflation is effectively combated.

Erdogan is convinced that he can override not only political laws and rules to his liking, but also economic laws.

Altasia has enormous economic potential and an existential interest in not being dominated by China. The common interests of the West and Altasia are obvious.