A Trump-Putin pact is emerging – and Europe is its target

US President Donald Trump and Russian President Vladimir Putin in 2016. Photograph: Chris McGrath/Getty Images

US betrayal of Ukraine is the rehearsal for a grander bargain with Moscow and an assault on continental solidarity

Rafael Behr

A prime time current affairs programme; a discussion about Donald Trump’s handling of the war in Ukraine. “He’s doing excellent things,” says a firebrand politician on the panel, before listing White House actions that have belittled Volodymyr Zelenskyy and weakened his battlefield position – military aid suspended; satellite communications obstructed; intelligence withheld.… Read the rest

Investment drives growth. That’s why gloomy forecasters are so wrong about the budget

Rachel Reeves has dared to invest, tax and borrow on the scale necessary. Photograph: Paul Marriott/REX/Shutterstock

Will Hutton

The Office for Budget Responsibility’s extreme conservatism means it has woefully underestimated the impact of Labour’s public spending plans

here is a consensus among economists that a precondition for higher growth is higher levels of investment, and that one of the most certain ways of lifting investment levels is for the state to provide a lead.… Read the rest

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