Shapiro begins by revisiting-and correcting-his earlier view that Canada had little room to push back against U.S. pressure. "I think he's making a bet that Canada has far more leverage than I was giving it credit, and that actually Canada is the one holding the cards here," Shapiro says, arguing that Trump's negotiating style and domestic political constraints give Canada more room than was first assumed.
We begin with a deliberately ambitious question. What would it take for every person on Earth to live at least as well as someone in Switzerland does today-by 2100? Not culturally Swiss, but economically empowered with high incomes, long lives, strong education, and social cohesion. Achieving this would require global GDP to be about 8.5 times higher than it is today. That figure alone is enough to trigger skepticism. Will we have enough energy, materials, food, and innovation?
We want to achieve stability and predictability in trade relations. A united stance within the European Union is important in this regard. Businesses need planning security, and that applies on both sides of the Atlantic. We therefore expect clarity from the US government on the next steps.
The United States is reportedly in discussions with Russia on a range of high-stakes infrastructure and trade projects, including a nuclear-powered datacenter and a tunnel under the Bering Strait, according to The Economist. Sources close to the talks indicate that associates within the orbit of former President Donald Trump are exploring potential stakes in Russian energy assets. In addition, negotiations are reportedly ongoing over rare-earth metals, oil, and gas projects in the Arctic region.
For the European Commission president, Ursula von der Leyen, the EU's trade pact with India was the mother of all deals. Seen from the other end of the telescope, it looked like the mouse of all deals, with just 4bn (3.5bn) in tariff reductions a rounding error in a 180bn trading relationship. But that misses the point: this is about economic heavyweights resetting the terms of their cooperation because of Donald Trump's use of tariffs as a tool of economic and political compulsion.
US Secretary of State Marco Rubio reassured a nervous Europe on Saturday that Washington wants to "revitalise" the transatlantic alliance. "We do not seek to separate, but to revitalise an old friendship and renew the greatest civilisation in human history," Rubio said. "What we want is a reinvigorated alliance." Rubio stressed that the US and Europe "belong together" and must act as partners to defend shared values.
Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
US and Palestinian officials also used the ceremony to lay out a blueprint for the next steps in implementing a ceasefire in Gaza, and putting the territory under the day-to-day control of a Palestinian-run technocratic administration, which has been assembled in Cairo. The president's son-in-law Jared Kushner outlined a plan for the next 100 days, including a significant increase in aid deliveries, the rehabilitation of essential infrastructure, such as water, electricity and sewage systems, and the reconstruction of hospitals and bakeries.
Meeting in Munich over the weekend, officials on both sides said they wanted to continue to work together. In the world of geopolitics all eyes were on Southern Germany over the weekend where the Munich Security Conference (MSC) served as the latest make or break moment for Germany-US relations. German Chancellor Friedrich Merz delivered the event's opening speech in which he acknowledged that a rift has opened up with the US, and urged trans-Atlantic partners to repair and revive trust.
