SNEAK PEEK   — Why the Big Beautiful Bill has more in common with Poland’s stabilization programs of the 1980s than Chinese industrial policy. 

  SNEAK PEEK — The long-awaited grand geopolitical bargain for peace is finally showing itself in public. But can it hold?  — Spain’s Pedro Sanchez throws a

  SNEAK PEEK — ECB’s Christine Lagarde is not a fan of stablecoins, and thinks a light-touch capital control for the eurozone might be needed

  SNEAK PEEK — We do a deep dive on the case against Bulgaria’s upcoming euro adoption and the Atlanticist forces backing it. — The newly passed GENIUS

  SNEAK PEEK — Financialization was a policy choice in America and the U.K. just as much as industrial policy was a choice in China.

  SNEAK PEEK — Are the Spanish blackouts potentially explained by a planned announcement in favour of renewable energy? — A new insurgent group in Saudi Arabia emerges

  SNEAK PEEK — The commotion in Japanese bond yields suggests a new strategic relationship is being forged between Tokyo, the U.S, and Masayoshi Son’s

  SNEAK PEEK — Anduril’s new unmanned aircraft proves that America can still hold the global military edge — but critical flaws remain. Good morning subscribers! Dario

  SNEAK PEEK — Putting the Pax into Pax Americana with the upcoming “global dollar network”. — The BoE’s new RTGS system is a go.

  SNEAK PEEK — The Trump-Bibi relationship seems broken, but is it truly broken if it never existed? — Pakistan and India fight in possibly