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Return-Path: <bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com> Delivered-To: info@harmonyinnovationhub.com Received: from premium12.web-hosting.com by premium12.web-hosting.com with LMTP id YCD8KGndrmddXQcAcMox/g (envelope-from <bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com>) for <info@harmonyinnovationhub.com>; Fri, 14 Feb 2025 01:06:33 -0500 Return-path: <bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com> Envelope-to: info@harmonyinnovationhub.com Delivery-date: Fri, 14 Feb 2025 01:06:33 -0500 Received: from [198.54.122.200] (port=43332 helo=asp-relay-shared.jellyfish.systems) by premium12.web-hosting.com with esmtps (TLS1.3) tls TLS_AES_256_GCM_SHA384 (Exim 4.96.2) (envelope-from <bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com>) id 1tioqQ-0025Jp-0W for info@harmonyinnovationhub.com; Fri, 14 Feb 2025 01:06:33 -0500 Authentication-Results: asp-relay-shared.jellyfish.systems; dkim=pass header.d=e.economist.com header.s=200608 header.b=hYLhKkVr; dkim=pass header.d=s7.y.mc.salesforce.com header.s=fbldkim7 header.b=WzmMUYWM; spf=pass (asp-relay-shared.jellyfish.systems: domain of bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com designates 13.111.28.89 as permitted sender) smtp.mailfrom=bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com; dmarc=pass (policy=quarantine) header.from=e.economist.com Received: from mta.e.economist.com (mta.e.economist.com [13.111.28.89]) (using TLSv1.2 with cipher ECDHE-RSA-AES256-GCM-SHA384 (256/256 bits)) (No client certificate requested) by asp-relay-shared.jellyfish.systems (Postfix) with ESMTPS id 4YvM4h0h81zC1dw for <info@harmonyinnovationhub.com>; Fri, 14 Feb 2025 06:06:28 +0000 (UTC) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; s=200608; d=e.economist.com; h=From:To:Subject:Date:List-Unsubscribe:List-Unsubscribe-Post:MIME-Version: Reply-To:Message-ID:Content-Type; i=noreply@e.economist.com; bh=h3UrXUx0Df5zwodX75lgGT0GYUug5U4pLzzqNESxp/M=; b=hYLhKkVrVqJYTmzVIXDT2cahm1I7s8yKLS1ngYvud86LuRmNoT/Dv1RYjrOb8RXa3D3F6Tw5rOJq 3yj0d8lxAaEGqT3kCiHencnZLfb4BmIdUhFkx9ZxbNRpaKLj+k5duP1SuKXJf5ejjt2GKUpqtsiD hrPLeZcNzUo+dq3sFc4= DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; s=fbldkim7; d=s7.y.mc.salesforce.com; h=From:To:Subject:Date:List-Unsubscribe:MIME-Version:Reply-To:Message-ID: Content-Type; bh=h3UrXUx0Df5zwodX75lgGT0GYUug5U4pLzzqNESxp/M=; b=WzmMUYWMLdMLP9aYs4Vq9aYbbLtgevYUZEldsR+c/QPhsz/d5Ql38YZm6KkBkpd8FS+4sgGBM5Jp 5EuTC+t7HV8/7yJN5sIo06LhKsCmoure1DYGxbX5zdBmZbVuvd9KSlEAbu8iQ+H6wrs5AU1dmasa jAIDSjq+pOGNMazqO5HPotbevib/BUe9P9TzKN+HvsFY7vtRKSmTq84fHQO7vrsW4DV7oXRnvyfy Bp2dvZvRddFBTCN8ZbMYdVTzCvueari+KddXgpg6z31nS8uCdwpfvySn5PnBM1kv1rN2nvutX/5/ B5oXhryh9iEehPAgm9b5cNGkOke2fA6abar5KQ== Received: by mta.e.economist.com id hlremi2fmd47 for <info@harmonyinnovationhub.com>; Fri, 14 Feb 2025 06:06:27 +0000 (envelope-from <bounce-119_HTML-203748009-2061777-7291843-166@bounce.e.economist.com>) From: "Zanny Minton Beddoes at The Economist" <noreply@e.economist.com> To: <info@harmonyinnovationhub.com> Subject: Will Trump and Musk wreck or reform the Pentagon? Date: Fri, 14 Feb 2025 00:06:24 -0600 List-Unsubscribe: <https://click.e.economist.com/subscription_center.aspx?jwt=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJtaWQiOiI3MjkxODQzIiwicyI6IjIwMzc0ODAwOSIsImxpZCI6IjExOSIsImoiOiIyMDYxNzc3IiwiamIiOiIxNjYiLCJkIjoiNzAyMzkifQ.p6p6jfIPYG4KOhHF2ejn7Ls9vIInL10cKs9Qp2OGRx8>, <mailto:leave-fd5015717c0b5c392848-fe2e167076630075751479-fe9116707365037a72-fe8d13727c650c7976-ff62157673@leave.e.economist.com> List-Unsubscribe-Post: List-Unsubscribe=One-Click MIME-Version: 1.0 Reply-To: "The Economist" <reply-fe9116707365037a72-119_HTML-203748009-7291843-166@e.economist.com> X-SFMC-Stack: 7 x-job: 7291843_2061777 Message-ID: <81efa241-920b-4843-9db8-0a8a0cc7c75e@atl1s07mta1444.xt.local> Content-Type: multipart/alternative; boundary="oQMLuaWmpcy1=_?:" This is a multi-part message in MIME format. --oQMLuaWmpcy1=_?: Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 8bit The Economist ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ https://click.e.economist.com/?qs=c967adb589da5ff9f01968d4be827c573c67fb6bac0dfabfccc10b20b7a43dc0a6421222a60391ab1a6aec4b6277b62c27c23ef3d9279ac2fa99aee39371ec6d https://view.e.economist.com/?qs=b98c245e98618b9a2b76de2b3d577740b17297bb4ccd5653bd2f6a4b1520577cec64a418962e2d4663b71e38d3453538db026b18a9c10902c013c3574be574dd98079c87fc80cc0ddf83f4310fdf08ca Read in browser February 14th 2025 The Economist this week Highlights from the latest issue https://click.e.economist.com/?qs=c967adb589da5ff911bcec977b8f2b4aa2e5ee8f186e4cebd59998c6383fa95f201a473d84230cef436bd928a6c7548dfdf2ef06356280e9358f052e94f661e0 https://click.e.economist.com/?qs=c967adb589da5ff929ef1173bd80dff54897ab0e80562568c34265032a3e53cea3fd101f5edec219b5a3757a99a80b9f94ce5ce31bc4261d https://click.e.economist.com/?qs=c967adb589da5ff929ef1173bd80dff54897ab0e80562568c34265032a3e53cea3fd101f5edec219b5a3757a99a80b9f94ce5ce31bc4261d Zanny Minton Beddoes Editor-in-chief I am writing this week&rsquo;s newsletter from a plane on my way to the Munich Security Conference, which begins on Friday. The conversation will undoubtedly be dominated by Donald Trump. From his overtures to Vladimir Putin to his plans for overhauling the Pentagon and taking ownership of Gaza, Mr Trump has&mdash;in just three weeks&mdash;upended the world of geopolitics. Our covers this week address two important elements of this upheaval. The Pentagon is the focus of our cover in most of the world. After feeding America&rsquo;s foreign aid into the woodchipper, Mr Trump has set Elon Musk and the Department of Government Efficiency on America&rsquo;s armed forces. Their work could not be more important, or more risky. If Mr Musk sparks chaos, the consequences for America&rsquo;s security could be catastrophic. As https://click.e.economist.com/?qs=c967adb589da5ff983f8e3275ab86b3e112ccd9380f9179c97efec1b26fe087a17bc0fba63187d59c7bef57a8358799b505173dc9476aa51 our briefing explains , America&rsquo;s military supremacy is in jeopardy. The problems are clearest in the use of technology on the battlefield. The drones over Ukraine, for example, are upgraded every few weeks. Behind this is a nightmare of budgets, aggravated by congressional squabbling and pork-barrelling politicians. Attempts to reform the military-industrial complex have failed before. Mr Musk&rsquo;s task is big and tricky. But, https://click.e.economist.com/?qs=c967adb589da5ff954cbb7f4dc015bd9a98439bb41f27f30c8646eb9179486d04e8414290a4cd607531b98da59c43fb700f410917e081bca as our leader argues , there are reasons to think this time could be different. Our cover in Britain and Europe looks towards Germany. Last week I travelled with Chris Lockwood, our Europe editor, and Tom Nuttall, our Berlin bureau chief, https://click.e.economist.com/?qs=c967adb589da5ff917edf2c4f1c139f81b6cd8940f0f49763839e26b56a5e85db0a1ced12be801f1522adb32a9a488439aed4a3a94968792 to interview Friedrich Merz , who will probably become Germany&rsquo;s chancellor after an election on February 23rd. I have met Mr Merz several times before, but this was the first time I&rsquo;ve done a formal interview with him. He was relaxed and confident, speaking to us for an hour in flawless English. He was refreshingly candid about the scale of Germany&rsquo;s challenges, admitting its &ldquo;business model is gone&rdquo;. Unfortunately, we found him less impressive on solutions. From how to pay for the higher defence spending Germany will inevitably require, to how to reboot the defunct German business model, Mr Merz was surprisingly incremental and small-bore in his proposals. Two weeks before the election some caution from the front-runner is inevitable. My worry is that by failing to prepare the electorate for bolder change, he will not have the mandate to do what Germany so desperately needs. Our leader asks whether he is capable of the task that lies ahead: https://click.e.economist.com/?qs=c967adb589da5ff9b496aa7082c638784de92b3ed403dece6b740b1a7e3fcc037c03f7fb3c876ed39052eb1b08002c9935c96ef66352c700 saving Germany&mdash;and Europe . Start your free trial today Get digital access to independent global analysis https://click.e.economist.com/?qs=118ea4762b2304ee3be2eff5053954264aff9e95600d02a5a97c5296e7a6c52229f023964ca23586351e810964acf13432d72b43eaa810ea71c34f63ddac6e1b Subscribe Editor&rsquo;s picks Must-reads this week https://click.e.economist.com/?qs=c967adb589da5ff930c6d9113c736b7c6a1ff58066a2412e2377819c692cffaea82e502fcb570b61118805f4bc9d01c764aa1f9e4cc95fd190bb774fb46521ad https://click.e.economist.com/?qs=c967adb589da5ff930c6d9113c736b7c6a1ff58066a2412e2377819c692cffaea82e502fcb570b61118805f4bc9d01c764aa1f9e4cc95fd190bb774fb46521ad High alert https://click.e.economist.com/?qs=c967adb589da5ff930c6d9113c736b7c6a1ff58066a2412e2377819c692cffaea82e502fcb570b61118805f4bc9d01c764aa1f9e4cc95fd190bb774fb46521ad Will Donald Trump and Elon Musk wreck or reform the Pentagon? https://click.e.economist.com/?qs=c967adb589da5ff930c6d9113c736b7c6a1ff58066a2412e2377819c692cffaea82e502fcb570b61118805f4bc9d01c764aa1f9e4cc95fd190bb774fb46521ad America’s security depends upon their success Related &rarr; https://click.e.economist.com/?qs=c967adb589da5ff983f8e3275ab86b3e112ccd9380f9179c97efec1b26fe087a17bc0fba63187d59c7bef57a8358799b505173dc9476aa51 America&rsquo;s military supremacy is in jeopardy https://click.e.economist.com/?qs=c967adb589da5ff994ccb88e2d80c544c1859b0d6d4d230bd3d133f3ed643fd72300b042eeaff4502c1e988f7b3f25525342b835445a0d937103c734d80b3dfc https://click.e.economist.com/?qs=c967adb589da5ff994ccb88e2d80c544c1859b0d6d4d230bd3d133f3ed643fd72300b042eeaff4502c1e988f7b3f25525342b835445a0d937103c734d80b3dfc European politics https://click.e.economist.com/?qs=c967adb589da5ff994ccb88e2d80c544c1859b0d6d4d230bd3d133f3ed643fd72300b042eeaff4502c1e988f7b3f25525342b835445a0d937103c734d80b3dfc Can Friedrich Merz save Germany—and Europe? https://click.e.economist.com/?qs=c967adb589da5ff994ccb88e2d80c544c1859b0d6d4d230bd3d133f3ed643fd72300b042eeaff4502c1e988f7b3f25525342b835445a0d937103c734d80b3dfc He is on track to win the election, but to fix Europe he will have to fix his country first Related &rarr; https://click.e.economist.com/?qs=c967adb589da5ff917edf2c4f1c139f81b6cd8940f0f49763839e26b56a5e85db0a1ced12be801f1522adb32a9a488439aed4a3a94968792 Germany&rsquo;s &ldquo;business model is gone&rdquo;, warns Friedrich Merz &rarr; https://click.e.economist.com/?qs=c967adb589da5ff9ee5ab7ae96689c9c35c0fc53a9377add6a6c76e0e28a8ad9a8a145728fa95c5925bb7db232f8941a8ffbef78fcec1d89 German election tracker: who&rsquo;s leading the polls? https://click.e.economist.com/?qs=c967adb589da5ff921b8f4fd5064238de5e691dc531debef7d12f619db73a1511da11a56d0ae1aebd18cbf7cfdef77560319b2ae98dd65d59f00f1a1405edb4e https://click.e.economist.com/?qs=c967adb589da5ff921b8f4fd5064238de5e691dc531debef7d12f619db73a1511da11a56d0ae1aebd18cbf7cfdef77560319b2ae98dd65d59f00f1a1405edb4e Going over their heads https://click.e.economist.com/?qs=c967adb589da5ff921b8f4fd5064238de5e691dc531debef7d12f619db73a1511da11a56d0ae1aebd18cbf7cfdef77560319b2ae98dd65d59f00f1a1405edb4e Ukraine’s fears are becoming reality, after Trump talks to Putin https://click.e.economist.com/?qs=c967adb589da5ff921b8f4fd5064238de5e691dc531debef7d12f619db73a1511da11a56d0ae1aebd18cbf7cfdef77560319b2ae98dd65d59f00f1a1405edb4e A phone call sparks fear and dread in Kyiv and other European capitals Related &rarr; https://click.e.economist.com/?qs=c967adb589da5ff9b534149272005bad7802872fb9fdb0695ff68198a4e836126b0c45774c54e457c5652a9fe07e3071429c2162fd735d7b Read our interview with Volodymyr Zelensky https://click.e.economist.com/?qs=c967adb589da5ff92c622c766cfe0b587543269f4331d2f0c610eab20124fe4fe4ab3437c29cd1703d1462df4a0e50f202af54c834f4310c038ac698936ef604 https://click.e.economist.com/?qs=c967adb589da5ff92c622c766cfe0b587543269f4331d2f0c610eab20124fe4fe4ab3437c29cd1703d1462df4a0e50f202af54c834f4310c038ac698936ef604 Semantic strikes https://click.e.economist.com/?qs=c967adb589da5ff92c622c766cfe0b587543269f4331d2f0c610eab20124fe4fe4ab3437c29cd1703d1462df4a0e50f202af54c834f4310c038ac698936ef604 China’s stunning new campaign to turn the world against Taiwan  https://click.e.economist.com/?qs=c967adb589da5ff92c622c766cfe0b587543269f4331d2f0c610eab20124fe4fe4ab3437c29cd1703d1462df4a0e50f202af54c834f4310c038ac698936ef604 Seventy countries have recently backed “all Chinese efforts” to take the island https://click.e.economist.com/?qs=c967adb589da5ff9467c364ffc5c4da9198c56a1bc7aedfa248c3b00a0552e308d6a0fe7a8089a02f61fddb0960538dfe686136d7d35f41dad4302b2b6ee7c44 https://click.e.economist.com/?qs=c967adb589da5ff9467c364ffc5c4da9198c56a1bc7aedfa248c3b00a0552e308d6a0fe7a8089a02f61fddb0960538dfe686136d7d35f41dad4302b2b6ee7c44 Bartleby https://click.e.economist.com/?qs=c967adb589da5ff9467c364ffc5c4da9198c56a1bc7aedfa248c3b00a0552e308d6a0fe7a8089a02f61fddb0960538dfe686136d7d35f41dad4302b2b6ee7c44 How to get people to resign https://click.e.economist.com/?qs=c967adb589da5ff9467c364ffc5c4da9198c56a1bc7aedfa248c3b00a0552e308d6a0fe7a8089a02f61fddb0960538dfe686136d7d35f41dad4302b2b6ee7c44 Without torching the organisation or losing your best employees https://click.e.economist.com/?qs=c967adb589da5ff9caf4a48b2c5767b1cea4828357c26e7669d02bf8a786207b382e3aa7efa55396dfdff8fe6b3586f53ae86b99ead9e7654acc30739c80cb0c https://click.e.economist.com/?qs=c967adb589da5ff9caf4a48b2c5767b1cea4828357c26e7669d02bf8a786207b382e3aa7efa55396dfdff8fe6b3586f53ae86b99ead9e7654acc30739c80cb0c Plane to see https://click.e.economist.com/?qs=c967adb589da5ff9caf4a48b2c5767b1cea4828357c26e7669d02bf8a786207b382e3aa7efa55396dfdff8fe6b3586f53ae86b99ead9e7654acc30739c80cb0c Inside the world’s most famous aeroplane boneyard https://click.e.economist.com/?qs=c967adb589da5ff9caf4a48b2c5767b1cea4828357c26e7669d02bf8a786207b382e3aa7efa55396dfdff8fe6b3586f53ae86b99ead9e7654acc30739c80cb0c What are 3,200 military aircraft doing in the Arizona desert? https://click.e.economist.com/?qs=c967adb589da5ff98d69bbcbfe2488f6c6c394e3d1be1e8502a21b7fd9bc44ad848e0956b90cba311049e05fa770c2884e9efde99d77710d819fcc90a0d946c2 Podcast https://click.e.economist.com/?qs=c967adb589da5ff923bbc974b1950efd219f1916ef2a2771629135a89e15a17d7bc362c7e3b160668e97b049370e3a26a5a6105e6bc14ca9f9dce5fd1f25f550 https://click.e.economist.com/?qs=c967adb589da5ff923bbc974b1950efd219f1916ef2a2771629135a89e15a17d7bc362c7e3b160668e97b049370e3a26a5a6105e6bc14ca9f9dce5fd1f25f550 Drum Tower https://click.e.economist.com/?qs=c967adb589da5ff923bbc974b1950efd219f1916ef2a2771629135a89e15a17d7bc362c7e3b160668e97b049370e3a26a5a6105e6bc14ca9f9dce5fd1f25f550 How did Latin America become a battleground in the US-China rivalry? https://click.e.economist.com/?qs=c967adb589da5ff923bbc974b1950efd219f1916ef2a2771629135a89e15a17d7bc362c7e3b160668e97b049370e3a26a5a6105e6bc14ca9f9dce5fd1f25f550 Our weekly podcast on China Video https://click.e.economist.com/?qs=c967adb589da5ff9fe3dc3476bc468f1d7dea66841cc69e8e2acc788b275744f1f74a84c256a5ce0ffb2d5d2da6649fe45f6f4804d769198 https://click.e.economist.com/?qs=c967adb589da5ff9d24c5a1cc61af6f7cda6540ff6cec5fe28370ed04a9acabb178e65142f3c16cebc476cec0af759932765234760fd1a9b https://click.e.economist.com/?qs=c967adb589da5ff9fe3dc3476bc468f1d7dea66841cc69e8e2acc788b275744f1f74a84c256a5ce0ffb2d5d2da6649fe45f6f4804d769198 European security https://click.e.economist.com/?qs=c967adb589da5ff9fe3dc3476bc468f1d7dea66841cc69e8e2acc788b275744f1f74a84c256a5ce0ffb2d5d2da6649fe45f6f4804d769198 Zelensky fears being sidelined by Trump https://click.e.economist.com/?qs=c967adb589da5ff9fe3dc3476bc468f1d7dea66841cc69e8e2acc788b275744f1f74a84c256a5ce0ffb2d5d2da6649fe45f6f4804d769198 Ukraine&rsquo;s president speaks to Oliver Carroll, a foreign correspondent at The Economist Also from The Economist https://click.e.economist.com/?qs=c967adb589da5ff9ba8ac8f806d0dd6dccac8850f08c9c19facb29ef92e069c41e838c00023c1f7048ca119d217515cfe3e7aeb112d04929c12130b216eb6c0a https://click.e.economist.com/?qs=c967adb589da5ff9ba8ac8f806d0dd6dccac8850f08c9c19facb29ef92e069c41e838c00023c1f7048ca119d217515cfe3e7aeb112d04929c12130b216eb6c0a Free to receive https://click.e.economist.com/?qs=c967adb589da5ff9ba8ac8f806d0dd6dccac8850f08c9c19facb29ef92e069c41e838c00023c1f7048ca119d217515cfe3e7aeb112d04929c12130b216eb6c0a How did Latin America become a battleground in the US-China rivalry? 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padding: 0px; height: 80px; width: 80px; text-align: center; border: 0px none transparent;" width="80"> </td> </tr> </table> </div> <!--[if (gte mso 9)|(IE)]> <td valign="top" align="left" style="width:1460px;"> <![endif]--> <div class="fluid" style=" display: inline-block; width: 100%; min-width: 100%; max-width: 480px; vertical-align: top; "> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pr16" height="44" style="vertical-align: middle; padding: 0px 16px 0px 0px" valign="middle"> <h1 class="txtl txt36 serifLF" style="margin: 0px 0px; font-family: EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size: 32px; color: rgb(18, 18, 18); line-height: 38px; letter-spacing: normal; font-weight: 500 !important; text-align: center;"> The Economist this week</h1> </td> </tr> <tr> <td class="pr16" height="28" style="vertical-align: middle; padding: 0px 16px 0px 0px" valign="middle"> <p class="txtl" style="margin: 0px; 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" class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"> <table cellspacing="0" cellpadding="0" border="0" align="center"> <tr> <td style="padding: 0 16px 0 16px;" valign="top" align="center"> <a href="https://click.e.economist.com/u/?qs=c967adb589da5ff93a54844bb9fa20eda3e52b4445d7cf6e35c08466980fd8f95a0dd159532768941560e16af85e491f45a374917b09a1ef413bcbd03cc56efb" > <img style="display: block; width: 100%; max-width: 600px; height: auto; border: none; padding: 0px; text-align: center;" src="https://pas.economist.com/view/2/39673/57851417e462c4aaa382616de415f6a6/2061777?ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG" width="600"> </a> <img width="1" height="1" style="display: none;" alt="timer" src="https://pas.economist.com/t/2/39673/0033z00002rl1PoAAI/2061777?pid=1&ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG"> <img width="1" height="1" style="display: none;" alt="trk_px" src="https://pas.economist.com/extt/2/39673/0033z00002rl1PoAAI/2061777?pid=1&ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG"> </td> </tr> </table></td></tr></table></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- MAIN TITLE + IMAGE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td class="pb32" style="padding:0 16px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="direction:ltr;font-size:0px;padding:0px;text-align:center;"> <!--[if mso | IE]> <table role="presentation" border="0" cellpadding="0" cellspacing="0"> <tr> <td class="" style="width:600px;" > <![endif]--><div style="font-size:0;line-height:0;text-align:left;display:inline-block;width:100%;direction:ltr;"> <!--[if mso | IE]> <table role="presentation" border="0" cellpadding="0" cellspacing="0"> <tr> <td style="vertical-align:top;width:300px;" > <![endif]--><div style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:50%;"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%"> <tr> <td align="center" style="font-size:0px;padding:0px 8px 0px 0px;word-break:break-word;"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;"> <tr> <td style="width:276px;"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff9bfd361db770efe3d1c049f927361b8de33c2a5dd28ec56d5e647e6ed83f3b8d86e94b104473bb7a187c6923d5364917f" title=""><img alt="" data-assetid="361009" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/4e95aba2-3f7b-4e66-b07c-cef11e171bd5.png" style="display: block; 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outline: none; text-decoration: none; height: auto; width: 100%; font-size: 13px; padding: 0px; text-align: center; border: 0px;" width="276"></a></td></tr></table></td></tr></table></div><!--[if mso | IE]> </td> </tr> </table> <![endif]--></div><!--[if mso | IE]> </td> </tr> </table> <![endif]--></td></tr></table></td></tr></table><!-- //MAIN TITLE + IMAGE --></td></tr></table> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- ARTICLES (3) --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 8px 0px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td align="center" style="padding:0 8px 24px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td></tr></table></td></tr></table><!-- //ARTICLES (3) --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- BYLINE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td align="left" style="padding:0 16px 16px 16px;" valign="top"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation"> <tr> <td style="vertical-align:middle; padding:0 16px 0 0;" valign="middle" width="67"> <img alt="" data-assetid="347943" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/48279c25-4128-4d61-aab7-d8422c8641e4.png" style="border-radius: 50%; display: block; padding: 0px; height: auto; width: 100%; text-align: center; border: 0px none transparent;" width="67"></td><td class="serifLF" style="vertical-align:middle; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="middle"> <p style="margin:0;"> <b>Zanny Minton Beddoes</b><br> Editor-in-chief</p></td></tr></table></td></tr></table><!-- //BYLINE --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- FULL-WIDTH CONTENT --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width: 600px;" width="100%"> <tr> <td style="padding: 0px 16px 0px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="article-text" style="padding: 0px 0px 1px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size: 18px;" valign="top"> <p style="margin: 0px;"> I am writing this week&rsquo;s newsletter from a plane on my way to the Munich Security Conference, which begins on Friday. The conversation will undoubtedly be dominated by Donald Trump. From his overtures to Vladimir Putin to his plans for overhauling the Pentagon and taking ownership of Gaza, Mr Trump has&mdash;in just three weeks&mdash;upended the world of geopolitics. Our covers this week address two important elements of this upheaval.<br> <br> The Pentagon is the focus of our cover in most of the world. After feeding America&rsquo;s foreign aid into the woodchipper, Mr Trump has set Elon Musk and the Department of Government Efficiency on America&rsquo;s armed forces. Their work could not be more important, or more risky. If Mr Musk sparks chaos, the consequences for America&rsquo;s security could be catastrophic. As <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff919bb088aab30dc8de805577e86ed59e2f37bfff8f6e47bdd3268b8e57ca60d0518f2d433bb2ca1faaade3fbe1a2882aa" style="text-decoration:none;" title="our briefing explains">our briefing explains</a>, America&rsquo;s military supremacy is in jeopardy. The problems are clearest in the use of technology on the battlefield. The drones over Ukraine, for example, are upgraded every few weeks. Behind this is a nightmare of budgets, aggravated by congressional squabbling and pork-barrelling politicians. Attempts to reform the military-industrial complex have failed before. Mr Musk&rsquo;s task is big and tricky. But, <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff9f3b1e739a9f53721649e3f8ea26c7021a3da0924a19615f084992c430a906e4f0c20bafa43d0eed41cbb3475ebcf8139" style="text-decoration:none;" title="as our leader argues">as our leader argues</a>, there are reasons to think this time could be different.&nbsp;<br> <br> Our cover in Britain and Europe looks towards Germany. Last week I travelled with Chris Lockwood, our Europe editor, and Tom Nuttall, our Berlin bureau chief, <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff9d2dc373b944bd987f29e9180b829cffab3fb43af0207895e819c59ccd79362bf26de4be78946f5e3e50d0f5422227654" style="text-decoration:none;" title="to interview Friedrich Merz">to interview Friedrich Merz</a>, who will probably become Germany&rsquo;s chancellor after an election on February 23rd. I have met Mr Merz several times before, but this was the first time I&rsquo;ve done a formal interview with him. He was relaxed and confident, speaking to us for an hour in flawless English. He was refreshingly candid about the scale of Germany&rsquo;s challenges, admitting its &ldquo;business model is gone&rdquo;.&nbsp;<br> <br> Unfortunately, we found him less impressive on solutions. From how to pay for the higher defence spending Germany will inevitably require, to how to reboot the defunct German business model, Mr Merz was surprisingly incremental and small-bore in his proposals. Two weeks before the election some caution from the front-runner is inevitable. My worry is that by failing to prepare the electorate for bolder change, he will not have the mandate to do what Germany so desperately needs. Our leader asks whether he is capable of the task that lies ahead: <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff9463539ec848531279eb7c3c4280eabf77b697c806e8aed74811e093131442e9a91a70f5152fa422a4dd2a81fe909bdba" style="text-decoration:none;" title="saving Germany—and Europe">saving Germany&mdash;and Europe</a>. </p></td></tr></table></td></tr></table><!-- //FULL-WIDTH CONTENT --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- BLANK SPACE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td class="pb56" style="padding:0 16px 56px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> </tr></table></td></tr></table><!-- //BLANK SPACE --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!----></td></tr></table> <!-- MAIN TITLE + CONTENT --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td bgcolor="#1f2e7a" class="ph32" style="padding:32px 16px 32px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td align="center" style="padding:0 0 8px 0;" valign="top"> </td></tr><tr> <td style="padding:0 0 6px 0;" valign="top"> <h1 class="headerCta23" style="margin:0; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:26px; font-weight:500; color:#ffffff; line-height:31px; text-align:center; mso-line-height-rule:exactly;"> Start your free trial today</h1></td></tr><tr> <td style="padding:0 0 20px 0; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:18px; color:#ffffff; line-height:25px; text-align:center;" valign="top"> <p style="margin:0;"> Get digital access to independent global analysis</p></td></tr><tr> <td align="center" valign="top"> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:initial !important; border:2px solid #ffffff; border-radius:32px;"> <tr> </tr><tr> <td class="econsans phCta" style="padding:4px 16px 4px 16px; font-family: apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-size:16px; font-weight:500 !important; color:#141F52; line-height:22px; text-align:center;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/u/?qs=118ea4762b2304ee3659a2977673d7d9cbb90a3e3edb222c9fb525ce89890938247532cc9b5a86480c426a4bd0fa4e8c8d0f76f9e3869b1f00143eba0f8e5eb4" style="color:#121212;text-decoration:none;" target="_blank" title="">Subscribe</a></td></tr></table></td></tr></table></td></tr><tr> <td height="56" style="font-size:1px; line-height:1px;"> &nbsp;</td></tr></table> <!-- //MAIN TITLE --></td></tr></table> </td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- SECTION HEADING --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width: 600px;" width="100%"> <tr> <td style="padding: 0px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding: 7px 0px 0px; border-top-color: rgb(18, 18, 18); border-top-width: 1px; border-top-style: solid;" valign="top"> <h2 class="econsans" style="margin: 0px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size: 18px; font-weight: bold; mso-line-height-rule: exactly;"> <b>Editor&rsquo;s picks</b></h2><p class="econsans" style="margin: 0px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size: 18px; mso-line-height-rule: exactly;"> Must-reads this week</p></td></tr></table></td></tr></table><!-- //SECTION HEADING --></td></tr></table> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee508b6a6551d94686df444ef87cd51306bebf8e5f0a4ce8a42c0d923381e739546662f8d1f19f1e15b4653eb489e5e3a79e71c0489d351e66" target="_blank"><img alt="" border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250215_LDD002.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee508b6a6551d94686df444ef87cd51306bebf8e5f0a4ce8a42c0d923381e739546662f8d1f19f1e15b4653eb489e5e3a79e71c0489d351e66" style="color:#e3120b; text-decoration:none;" target="_blank">High alert </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee508b6a6551d94686df444ef87cd51306bebf8e5f0a4ce8a42c0d923381e739546662f8d1f19f1e15b4653eb489e5e3a79e71c0489d351e66" style="color:#121212; text-decoration:none;" target="_blank">Will Donald Trump and Elon Musk wreck or reform the Pentagon? </a> </p> </td> </tr> <tr> <td style="padding:0 8px 8px 8px; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee508b6a6551d94686df444ef87cd51306bebf8e5f0a4ce8a42c0d923381e739546662f8d1f19f1e15b4653eb489e5e3a79e71c0489d351e66" style="color:#121212; text-decoration:none;" target="_blank">America’s security depends upon their success</a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- RELATED ARTICLE HEADING --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 16px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:4px 0 0 0;" valign="top"> <h2 class="econsans" style="margin:0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:18px; font-weight:bold; color:#121212; line-height:25px; text-align:left; mso-line-height-rule:exactly;"> <b>Related </b></h2></td></tr></table></td></tr></table><!-- //RELATED ARTICLE HEADING --><!-- RELATED ARTICLES --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td class="pb56" style="padding:0 16px 56px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="serifLF" style="padding:0 0 10px 0; 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width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=118ea4762b2304eec201808685f5361b59fee0e48172180cc6894957957551d93c5cce05f69436e69aec461377db2db87f83d4d6a938252cc9b8d711e80a5faa" target="_blank"><img alt="A collage illustration showing part of Xi Jinping's face, the UN logo, a map of Taiwan and the word " border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250215_IRD001.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; 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A saw is breaking the circle. 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text-decoration:none;" target="_blank">Bartleby </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee0c56ebec354785c4aba7b1b87a5a103f1fcf35eeda7f484c49885538681a67ab055ef2f70cb85451c39825d2f5ed2ca07e4a465d9cda7c63" style="color:#121212; text-decoration:none;" target="_blank">How to get people to resign </a> </p> </td> </tr> <tr> <td style="padding:0 8px 8px 8px; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=118ea4762b2304ee0c56ebec354785c4aba7b1b87a5a103f1fcf35eeda7f484c49885538681a67ab055ef2f70cb85451c39825d2f5ed2ca07e4a465d9cda7c63" style="color:#121212; text-decoration:none;" target="_blank">Without torching the organisation or losing your best employees </a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; 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max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"> <table cellspacing="0" cellpadding="0" border="0" align="center"> <tr> <td style="padding: 0 0px 0 0px;" valign="top" align="center"> <a href="https://click.e.economist.com/u/?qs=c967adb589da5ff97399fae154d5a2ae9b0a62bf285be764479527c97df3bc88572f1dd88221b77b9bede2ad9fb684bc9aa3388638e40fd53ecd84052e6b586e" > <img style="display: block; width: 100%; max-width: 600px; height: auto; border: none; padding: 0px; text-align: center;" src="https://pas.economist.com/view/2/39674/57851417e462c4aaa382616de415f6a6/2061777?ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG" width="600"> </a> <img width="1" height="1" style="display: none;" alt="timer" src="https://pas.economist.com/t/2/39674/0033z00002rl1PoAAI/2061777?pid=1&ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG"> <img width="1" height="1" style="display: none;" alt="trk_px" src="https://pas.economist.com/extt/2/39674/0033z00002rl1PoAAI/2061777?pid=1&ad_region=Africa&ad_country=Nigeria&send_date=14/02/2025&segment=4-NG"> </td> </tr> </table></td></tr></table><!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:0 0 0 0; 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font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=118ea4762b2304eec9c99ecc0d9f47578b841025dd0b76ccbec1e12eaa94fa11ed9eb3255fbe5942b4562cdc561ddcd1c8786826d961ddeea976e6084bdbdae3" style="color:#121212; text-decoration:none;" target="_blank">Our weekly podcast on China</a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; 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width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=c967adb589da5ff9687702fe50c9e14c70550d042535e4c0676dd5b28d936d7421ee4071971c8d0103d0a08b118a5352392895864b1be397" style="color:#e3120b;text-decoration:none;" target="_blank" title="">European security</a></p></td></tr><tr> <td class="h2" style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=c967adb589da5ff9687702fe50c9e14c70550d042535e4c0676dd5b28d936d7421ee4071971c8d0103d0a08b118a5352392895864b1be397" style="color:#121212;text-decoration:none;" target="_blank" title="">Zelensky fears being sidelined by Trump</a></p></td></tr><tr> <td style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=c967adb589da5ff9687702fe50c9e14c70550d042535e4c0676dd5b28d936d7421ee4071971c8d0103d0a08b118a5352392895864b1be397" style="color:#000000;text-decoration:none;" title="">Ukraine&rsquo;s president speaks to Oliver Carroll, a foreign correspondent at <i>The Economist</i></a></p></td></tr></table></div></td></tr><tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td></tr></table></td></tr></table><!-- //ARTICLES (3) --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- BLANK SPACE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 16px 24px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> </tr></table></td></tr></table><!-- //BLANK SPACE --></td></tr></table> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; 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