Foreign leadership in the US or China has every reason not to take EU leadership seriously when European security matters come down to 8 million Hungarian voters. Expect massive foreign influence in the Hungarian elections, and let's hope for a fair and democratic outcome.

will likely disappear after lots of opposition from the Orban-packed courts. Czech leadership, according to the latest statements, is apparently on board with EU-level debt. In any case, an embarrassing state of affairs for the world's supposedly second largest economy.

The vote (if any happens) on EU-issued debt is a foregone conclusion due to Hungary's opposition. The path of least resistance for politicians appears to be bridge financing Ukraine until mid 2026, hoping that Tisza wins in Hungarian elections. In that case, the Hungarian veto

Der Bundesrat fühlte sich wohl unter Druck hier rasch eine Lösung zu präsentieren. Dabei hätte er besser das Supreme Court Ruling abgewartet. Die Hoffnung bleibt, dass viele der versprochenen Investitionen später gar nie stattfinden und die Schweiz nur auf Zeit spielt.

Die zugesagten 1500 Tonnen an zollfreiem Geflügel entsprechen rund 1-2% des Schweizer Jahresverbrauchs. Überraschend, dass ausgerechnet Parmelin hier Eingeständnisse macht. Bei den sehr knappen Margen in der Landwirtschaft tun auch diese kleinen Importsteigerung weh.

Die EU hat im Vergleich zur Schweiz Investitionszusagen in der Höhe von 650 Mia. gemacht, was rund 3% ihres BIPs darstellen. Die 200 Mia. der Schweiz entsprechen demgegenüber 21%! Obendrauf kommen noch zollfreie Kontingente für Poulet und Rindfleisch.

Maybe some promise of future private investments by Swiss companies? Seems the most likely variant. Is that a good idea though given that current tariffs are likely deemed unconstitutional? Then those investments would flow to the US rather than staying in CH for little gain.

Strategy's market cap is below the value of it's bitcoin. There's quite some room to go lower: Interest on all the outstanding loans are going to kick in later and the revenue from the actual operating business is barely covering expenses.

Exact same issue in the UK: www.bloomberg.com/opinion/arti...

France will go to the polls once more. That won't resolve the underlying issues but maybe a different coalition can sell the necessary cuts to the French. A tried and tested method could be rabid populism that blames it all on the rich and foreigners t.co/IymNM2paHB

or be faced by a shrinking tax base for government revenue if they do implement higher taxes on the asset-rich. regarding a third option: any global cooperation between all states to shift the tax burden will always fail due to the prisoners dilemma: www.researchgate.net/publication/...

Any extension of social benefits will either directly or indirectly (via inflation) be funded by the working class itself, making the wealth gap between the asset-rich and working-poor larger every year. either governments can successfully distract people from this fact

I hate to be a cynic - but governments can either choose between becoming populist or losing their mandate every other year. The reality is that national governments have largely lost their ability to tax rich individuals or corporations due to today's global mobility of capital.