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boundary="EuJobsij2jOo=_?:" This is a multi-part message in MIME format. --EuJobsij2jOo=_?: Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 8bit The Economist ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ https://click.e.economist.com/?qs=26edd61ed50725451342c7907495360c5e3f3b20459c39103ce5855a54aef924b4ddec32f65ee1e76c1f225f6c533791179a58294338a206afd118d8ac19eb19 https://view.e.economist.com/?qs=9510eeb7c8d6117bbbadb1825c123342a18c5d55a693bcc5bbae751fee4dbcc3b0b06fc1ec4d052bfda45fdc0e2399453f7a6305c2adb717a7313da8dd82857400ca44732757ccfc20502d1267cfc402 Read in browser February 23rd 2025 The Economist today A Sunday edition of our daily newsletter https://click.e.economist.com/?qs=26edd61ed507254515952d66fcc1d8265a61dfc2cfaee3a73af04a96c7313324312eec9e009fbbcf6d285ac3aec8145a0e296a1a982c019ebe0c27e79ad58f38 https://click.e.economist.com/?qs=26edd61ed50725450cd967dcefe5247c835eb8e835c98c5e9a7ef901ba5238c62d4206b1ebf79a1ba50a2b23974a07beab9f245965d8b887d43e1cab876b64b8 https://click.e.economist.com/?qs=26edd61ed5072545c10c40c562504731257ca277dac23567b9f478818a8b9ff5bc287e030720e7b3223d2948f0d33aa0e2bde9319dfe324299864e87560bc765 Adam Roberts https://click.e.economist.com/?qs=26edd61ed5072545c10c40c562504731257ca277dac23567b9f478818a8b9ff5bc287e030720e7b3223d2948f0d33aa0e2bde9319dfe324299864e87560bc765 Digital editor Hello from London, What is the greatest division between America and Europe? You might think it is over attitudes to food or sport, policy towards China or something about the guardrails needed for capitalism. Not a bit of it. The biggest split is over cars. Americans expect to drive huge ones, ideally something that has the heft and noise of an elephant. Europeans are far likelier to opt for smaller beasts. When an American friend once visited, renting a stylish but tiny Fiat 500 at the airport, his teenage daughter was mortified, announcing it was obviously a toy vehicle and not fit for the road. Admittedly, Europeans are also driving bigger cars than they used to https://click.e.economist.com/?qs=26edd61ed5072545b490d56ac71c1c25a58d05795e116f9260cf26414a06d6f5eb8c7b3d1dc17aef9beedbe64fa45f2a74c33e2ccc5f9315bc1209a5fbed02ea . But Americans increasingly prefer monsters, relishing the thrill of revving up a big truck and judging that, for drivers and their passengers, bigger vehicles bring more safety. Unfortunately, as we set out in a new article published this weekend https://click.e.economist.com/?qs=26edd61ed5072545b33a9e8a410eeb03abdbc646d434d152c8d28cf7cf579ecc65dd28575cf2063386433a460c4196070ea82efd6b9d404e683dd05872dd7378 , this is becoming a fatal trend for others on or near the road. The monsters increasingly flatten pedestrians, cyclists and drivers of smaller cars. Last year one pollster noted that 41% of Americans thought SUVs and pickup trucks had grown too big. Too right. Germany is on our minds today. State elections in the east of the country are usually not of huge interest to outsiders, but the two held today help to show how strong extremists are becoming in the political system. The hard-right Alternative for Germany, which stirs up support on the back of hostility to refugees and other migrants, looks to have come top https://click.e.economist.com/?qs=26edd61ed50725454d50ab9384450cf3223afbf2d278066e60cd6f031378865c6ad6fed787452f186bba67adcd1986a457a88db50122c3df70ddfaaca3505cde in Thuringia and appears to have run the conservative Christian Democratic Union close in Saxony—though it won’t be in government in either state. On the hard left, the party of Sahra Wagenknecht, a pro-Russian opposition leader who is hostile to migrants, seems to have come third in both places. (Read our weekend profile of Ms Wagenknecht. https://click.e.economist.com/?qs=26edd61ed5072545d6d45b5b4c45ecb8a767be802bb93efe2870b65e79390d567a7701bc89ab2d2c60e38ddf7f5cc7ed30d1cd9cde38b291605e82160ffbf883 ) Our latest Dateline history quiz is now live. Do you remember the year DVDs were launched? Or when Jack the Ripper prowled the streets of London? I certainly didn’t. Finally, our caption competition has been drawing you in in ever greater numbers. Thank you all for voting and for your suggested captions. This week I’ve chosen an image that we used on our cover in 2017. Back then we asked whether social media posed a threat to democracy. What caption would you write for it, or Mark Zuckerberg, today? Write to me at economisttoday@economist.com mailto:economisttoday@economist.com?subject=Caption%20context . Last week we asked you to vote on a shortlist of three suggestions for an image of an overstretched businessman. The winners, by a long stretch, were Keith Parr, David Paterson and Jim, who all proposed “Elon-gated”. Finally, we now want your votes on which of the following three ideas work best with the image, below, of Kamala Harris. You can vote for your favourite entry by clicking the blue tick below your favourite entry. (When you click you’ll be taken to The Economist’s website, but don’t worry—your vote will be registered.) Option 1:  Addressing the elephant in the room - Hirak Parikh https://click.e.economist.com/?qs=26edd61ed507254529769893fa04a868a7a719bbdbf58f06cba37017598be1d453c1fe511c574231b9d02900e6726624524d9cb3abb393f9364c10bc3e2c18a9 Option 2: When your campaign falls out of a coconut tree - from Dylan Arouh    https://click.e.economist.com/?qs=26edd61ed50725456a358db7e9ed8a76b7a558bdb4dcb559115f87958af16411a70c131a99add4751890ddaa1e5ad110d86d528528a554077538b045d2747665 Option 3: Hello, I am not Donald Trump and I am running to be your next president - from Paul M https://click.e.economist.com/?qs=26edd61ed507254556b5d0556ab0272f46e27a4329ec9445c1be1eedf51323b7473f6bebb78398a241e3405ecbf3cc70176089f04c2be3fbc0f1c6d56673ec86 Start your free trial today Get digital access to independent global analysis https://click.e.economist.com/?qs=26edd61ed50725455c45a25d44eaddb6d1122775d8763c58d4bf05ce1447b10865cf8d1bd11caec4e8743aeead2144d49ac5bd7bc4f7a8c6164d3dc43a2b3c81 Subscribe Recommended reads https://click.e.economist.com/?qs=26edd61ed5072545e5d496c929d80ab0c9e4346fc87f876b87e1704ca31191ca44503aa541c60b56e4117e3b407d3d940daea5e712881780d65ba24f870f47dc https://click.e.economist.com/?qs=26edd61ed5072545e5d496c929d80ab0c9e4346fc87f876b87e1704ca31191ca44503aa541c60b56e4117e3b407d3d940daea5e712881780d65ba24f870f47dc Trump 2 https://click.e.economist.com/?qs=26edd61ed5072545e5d496c929d80ab0c9e4346fc87f876b87e1704ca31191ca44503aa541c60b56e4117e3b407d3d940daea5e712881780d65ba24f870f47dc The beginning of the end of the Trump era https://click.e.economist.com/?qs=26edd61ed5072545e5d496c929d80ab0c9e4346fc87f876b87e1704ca31191ca44503aa541c60b56e4117e3b407d3d940daea5e712881780d65ba24f870f47dc The new president is more confident, and radical, than ever&mdash;and also more accepted https://click.e.economist.com/?qs=26edd61ed50725453a65ddadd53d6fcb3ee3f628a5061d5fe06bf29ead363d6fca9a76dc26521855aefb830dc89971caae2650157ebd2be1fbe952592345a4b7 https://click.e.economist.com/?qs=26edd61ed50725453a65ddadd53d6fcb3ee3f628a5061d5fe06bf29ead363d6fca9a76dc26521855aefb830dc89971caae2650157ebd2be1fbe952592345a4b7 He&rsquo;s back https://click.e.economist.com/?qs=26edd61ed50725453a65ddadd53d6fcb3ee3f628a5061d5fe06bf29ead363d6fca9a76dc26521855aefb830dc89971caae2650157ebd2be1fbe952592345a4b7 Tracking Trump&rsquo;s presidency https://click.e.economist.com/?qs=26edd61ed50725453a65ddadd53d6fcb3ee3f628a5061d5fe06bf29ead363d6fca9a76dc26521855aefb830dc89971caae2650157ebd2be1fbe952592345a4b7 The first 100 days of Donald Trump's second term https://click.e.economist.com/?qs=26edd61ed50725456edd89d9c963565d22ca4b15bab514ea046cf3a8842321fb027501fae4b16a0c88316bad54b6ccf04955248467ebdd98d6f6a8224cda7c51 https://click.e.economist.com/?qs=26edd61ed50725456edd89d9c963565d22ca4b15bab514ea046cf3a8842321fb027501fae4b16a0c88316bad54b6ccf04955248467ebdd98d6f6a8224cda7c51 Weekend profile https://click.e.economist.com/?qs=26edd61ed50725456edd89d9c963565d22ca4b15bab514ea046cf3a8842321fb027501fae4b16a0c88316bad54b6ccf04955248467ebdd98d6f6a8224cda7c51 Pam Bondi seems like a relatively safe pair of hands https://click.e.economist.com/?qs=26edd61ed50725456edd89d9c963565d22ca4b15bab514ea046cf3a8842321fb027501fae4b16a0c88316bad54b6ccf04955248467ebdd98d6f6a8224cda7c51 But is America&rsquo;s next attorney-general an independent operator? https://click.e.economist.com/?qs=26edd61ed507254505439ee5b50954dc56d7934ef26ad99ca2169fab50db12c8d33211ef0c6ef5aa34f6f60e818e50cc18284a168ae4e205e287d2f17aa2ebd9 https://click.e.economist.com/?qs=26edd61ed507254505439ee5b50954dc56d7934ef26ad99ca2169fab50db12c8d33211ef0c6ef5aa34f6f60e818e50cc18284a168ae4e205e287d2f17aa2ebd9 RedNote rising https://click.e.economist.com/?qs=26edd61ed507254505439ee5b50954dc56d7934ef26ad99ca2169fab50db12c8d33211ef0c6ef5aa34f6f60e818e50cc18284a168ae4e205e287d2f17aa2ebd9 A protest against America&rsquo;s TikTok ban is mired in contradiction https://click.e.economist.com/?qs=26edd61ed507254505439ee5b50954dc56d7934ef26ad99ca2169fab50db12c8d33211ef0c6ef5aa34f6f60e818e50cc18284a168ae4e205e287d2f17aa2ebd9 Another Chinese app is not the alternative some young Americans think it is https://click.e.economist.com/?qs=26edd61ed50725459cd173e17719e2d77449fd88cc0ffba012b9c0031163b8bc46c7b963ce1190512f510bb82d806993da8b40778e0b5ddf6afb911abcc82a2b https://click.e.economist.com/?qs=26edd61ed50725459cd173e17719e2d77449fd88cc0ffba012b9c0031163b8bc46c7b963ce1190512f510bb82d806993da8b40778e0b5ddf6afb911abcc82a2b Death from above https://click.e.economist.com/?qs=26edd61ed50725459cd173e17719e2d77449fd88cc0ffba012b9c0031163b8bc46c7b963ce1190512f510bb82d806993da8b40778e0b5ddf6afb911abcc82a2b Russian pilots appear to be hunting Ukrainian civilians https://click.e.economist.com/?qs=26edd61ed50725459cd173e17719e2d77449fd88cc0ffba012b9c0031163b8bc46c7b963ce1190512f510bb82d806993da8b40778e0b5ddf6afb911abcc82a2b Residents of Kherson are dodging murderous drones https://click.e.economist.com/?qs=26edd61ed5072545c91d0f8130f7bb861f71e803235faab3c5a70886ffbf0163b20ea4d183e4078b3781ede63078c7e82f932361d1156a14497637a6afe5045b https://click.e.economist.com/?qs=26edd61ed5072545c91d0f8130f7bb861f71e803235faab3c5a70886ffbf0163b20ea4d183e4078b3781ede63078c7e82f932361d1156a14497637a6afe5045b Ageing disgracefully https://click.e.economist.com/?qs=26edd61ed5072545c91d0f8130f7bb861f71e803235faab3c5a70886ffbf0163b20ea4d183e4078b3781ede63078c7e82f932361d1156a14497637a6afe5045b What do you think of misbehaving boomers? https://click.e.economist.com/?qs=26edd61ed5072545c91d0f8130f7bb861f71e803235faab3c5a70886ffbf0163b20ea4d183e4078b3781ede63078c7e82f932361d1156a14497637a6afe5045b A selection of reader correspondence https://click.e.economist.com/?qs=26edd61ed50725450b397d4ec6ff75a913e0c8f57b8aa8c54b466bf316bfa3efff940b3b51a568ce6c6d2335fa670369bbb11e2fbb54ed2af6e55aa5debf797c https://click.e.economist.com/?qs=26edd61ed50725450b397d4ec6ff75a913e0c8f57b8aa8c54b466bf316bfa3efff940b3b51a568ce6c6d2335fa670369bbb11e2fbb54ed2af6e55aa5debf797c Well informed https://click.e.economist.com/?qs=26edd61ed50725450b397d4ec6ff75a913e0c8f57b8aa8c54b466bf316bfa3efff940b3b51a568ce6c6d2335fa670369bbb11e2fbb54ed2af6e55aa5debf797c Can you breathe stress away? https://click.e.economist.com/?qs=26edd61ed50725450b397d4ec6ff75a913e0c8f57b8aa8c54b466bf316bfa3efff940b3b51a568ce6c6d2335fa670369bbb11e2fbb54ed2af6e55aa5debf797c Scientists are only beginning to understand the links between the breath and the mind https://click.e.economist.com/?qs=26edd61ed5072545a7c67d6fc0c49a2df4360346441fe0a7be30bee4927558ee55911b692e4f3519747117c13b2ab5914e972dd6eba9e64ba4f42c962d30ba0b https://click.e.economist.com/?qs=26edd61ed5072545a7c67d6fc0c49a2df4360346441fe0a7be30bee4927558ee55911b692e4f3519747117c13b2ab5914e972dd6eba9e64ba4f42c962d30ba0b Archive 1945 https://click.e.economist.com/?qs=26edd61ed5072545a7c67d6fc0c49a2df4360346441fe0a7be30bee4927558ee55911b692e4f3519747117c13b2ab5914e972dd6eba9e64ba4f42c962d30ba0b How The Economist reported on the second world war https://click.e.economist.com/?qs=26edd61ed5072545a7c67d6fc0c49a2df4360346441fe0a7be30bee4927558ee55911b692e4f3519747117c13b2ab5914e972dd6eba9e64ba4f42c962d30ba0b To mark 80 years since the war&rsquo;s end, we are republishing weekly excerpts from our 1945 archive https://click.e.economist.com/?qs=26edd61ed5072545cd2438970e5f36ca98b9819b74631e6d6585b89216cb1a6cb6db1ea6d14dc12d92fc07f0fea98f8ad6563cbe76487da07816e11a6c5d50b1 https://click.e.economist.com/?qs=26edd61ed5072545cd2438970e5f36ca98b9819b74631e6d6585b89216cb1a6cb6db1ea6d14dc12d92fc07f0fea98f8ad6563cbe76487da07816e11a6c5d50b1 The Weekend Intelligence https://click.e.economist.com/?qs=26edd61ed5072545cd2438970e5f36ca98b9819b74631e6d6585b89216cb1a6cb6db1ea6d14dc12d92fc07f0fea98f8ad6563cbe76487da07816e11a6c5d50b1 No Contact, when adult children estrange https://click.e.economist.com/?qs=26edd61ed5072545cd2438970e5f36ca98b9819b74631e6d6585b89216cb1a6cb6db1ea6d14dc12d92fc07f0fea98f8ad6563cbe76487da07816e11a6c5d50b1 A modern version of an old story Most read by subscribers → Why Sudan’s catastrophic war is the world’s problem https://click.e.economist.com/?qs=26edd61ed5072545651d2cec36564aeeec6dfa456c02ef376295b31a5a244ad8620b07057a423b4923acb16f8145686b920409f587f59866d1bc845e9906f521 → What makes Europe so liveable? 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} } </style> </head> <!-- / Header styling --> <body id="body" bgcolor="#f2f2f2" style="width:100% !important; margin:0 auto; padding:0; background-color:#f2f2f2;"><style type="text/css"> div.preheader { display: none !important; } </style> <div class="preheader" style="font-size: 1px; display: none !important;">Also: Trump makes Ukraine an offer it can’t refuse</div> <div style="display:none;"> <img src="https://click.e.economist.com/open.aspx?ffcb10-fe92167073670d7a77-fe2315777162017e7c1479-fe8d13727c650c7976-ff6415717c-fe2e167076630075751479-ff051576756506&d=70238&bmt=0" width="1" height="1" alt=""> </div> <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"><!--[if !mso]><!--> <div style="max-height:0; overflow:hidden; mso-hide:all;" aria-hidden="true">&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; &nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;‌&nbsp;&nbsp;‌&nbsp;‌&nbsp; </div> <!--<![endif]--></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"><!----></td></tr></table> <table role="presentation" style="min-width: 100%; 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" 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"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254582338d46c59edbfbb79edbef668132b31b02728aaa7da65bfb0694e1862f6fe32b0a11347136dbd8d6704eb6037244f06b0424763ca64f24" title=""><img alt="" data-assetid="349835" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/8723f552-00e3-460a-bd53-b10e86b564b5.jpg" style="border-radius: 50%; display: block; padding: 0px; height: auto; width: 100%; text-align: center; border: 0px none transparent;" width="67"></a></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><a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254582338d46c59edbfbb79edbef668132b31b02728aaa7da65bfb0694e1862f6fe32b0a11347136dbd8d6704eb6037244f06b0424763ca64f24" style="color:#000000;text-decoration:none;" title="">Adam Roberts</a></b><br> Digital editor</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:0 16px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="color:#121212;font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif;font-size:18px;line-height:25px;padding:0 0 1px 0;text-align:left;" valign="top"> <p class="article-text" style="margin: 0px;"> Hello from London,<br> <br> After last week&rsquo;s transatlantic tiff, is it time for a patch-up? Donald Trump has made various nonsensical claims in the past few days&mdash;propounding a version of Vladimir Putin&rsquo;s lies about the world. In his telling, Ukraine is to blame for being invaded by Russia, is run by a dictator and should in effect roll over in the face of the aggressor. In an extra twist, Mr Trump added a line that sounded awfully like a mobster setting out a protection racket: Ukraine should hand over hundreds of billions of dollars&rsquo; worth of mineral wealth in exchange for military aid. As we report today, Ukraine&rsquo;s president, Volodymyr Zelensky, has rejected the <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed50725455ea31578997cf978572080d25e8f2a9ddf6bc2887c5e982bd4e7ed9307606d21d8d1ff27803756e186c85d8c9ad78a0b8a92f0891750df2c" style="text-decoration:none;" title="latest version of America’s extortionate plan">latest version of America&rsquo;s extortionate plan</a>. <br> <br> Some of this, I would hope, could be wound back in the coming days. Most recently Mr Trump seems to have conceded that Russia did invade its smaller neighbour. This week he will interact with some new leaders from Europe who could&mdash;just possibly&mdash;help to improve relations. Most important is the prospect of a new leader emerging in Europe&rsquo;s largest country after Germans voted today.<br> <br> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545ba08c06ebf0f4237d3158ae8d7d8a4690a16d482ae33550bdbf394e0cf0701b941de87601e4b078f58aab72fff58327afe86a2f818586507" style="text-decoration:none;" title="Our new story, freshly delivered">Our new story, freshly delivered</a> by our Berlin correspondent, assesses the early indications since polls closed a couple of hours ago. Whatever the finer points, it&rsquo;s almost certain that Friedrich Merz will become the next chancellor, after negotiations for a coalition. (And those points are fine indeed: what that coalition might be depends, among other things, on how many smaller parties scrape past the 5% threshold needed to enter the Bundestag. This evening, the answer to that isn&rsquo;t clear. <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254517002637ab5b7201664ce2b62bb18035fbf10d72bf728874921bc27132b469fb142df760c458dbcbbd61bc272832627af5bc67a17d226543" style="text-decoration:none;" title="Our results page will track the outcome">Our results page will track the outcome</a>.) My colleagues interviewed Mr Merz recently (<a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545896d86fa32613cb0055c03ef0f49ebee168ec841d8698023503bb1d30ef60967fe1173d42df1421cb31245111247140413da4fa533441ae4" style="text-decoration:none;" title="read what they concluded">read what they concluded</a>). Don&rsquo;t expect him to emerge as energetic as Mr Trump has proved to be, but he is surely an improvement on the previous German leadership. Presumably he&rsquo;ll speak to Mr Trump shortly.<br> <br> Then, as the third anniversary of Russia&rsquo;s unprovoked invasion is marked on Monday, the French president is visiting Washington, to be followed later in the week by Britain&rsquo;s prime minister. Neither Emmanuel Macron nor Sir Keir Starmer will be able to simply talk Mr Trump around. Indeed there&rsquo;s some trepidation. If they bungle meetings, or offer an ill-judged argument, they could worsen ties. But on balance I&rsquo;d hope that sensible, rational and well-informed leaders can set out for Mr Trump why it&rsquo;s in America&rsquo;s interest not to junk the hugely successful transatlantic relationship. Mr Trump has some fondness for both men. It will help, too, if the Europeans show up with serious evidence that they will boost their defence spending. Mr Trump, obsessed with transactions, wants to brag about quick wins. Mr Macron and Sir Keir should give him something to boast about.<br> <br> In lighter news, we have added a new puzzle to our small collection of quizzes (<a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545ef94f739b2b7d1dbe9fd23922cb0b18e249717a931888921988e0c31a053d870963b0893d7df409135d9ada55a5832ff5c7f4df26a9947b8" style="text-decoration:none;" title="Dateline">Dateline</a> and our <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545b66292ba42a16b9c0f34b57c2d3ddcb63f02dd0ac8176c047667752ba17834cf43ed2a509d6c460689eca0f391d20dc84ee7001ed48d5385" style="text-decoration:none;" title="pint-sized news quiz">pint-sized news quiz</a>). Try your hand at a <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed50725458e5e3b4f3c2c03d8a0b82d0a17d03fb99695c8209c35552f3907bcb30baf42b0c5750796d1d1d309ddba91f602b2ce27d37aa89f4b6e7bea" style="text-decoration:none;" title="mini crossword">mini crossword</a> that combines British-style cryptic clues with &ldquo;straight&rdquo; factual ones.<br> <br> We have also published the latest extract in our Archive 1945 project, this time looking at the war in the Pacific and the Japanese armed forces. We asked whether, like Italy, Japan might be willing to surrender or, like Nazi Germany, it would fight to the bitter end. <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545db094a9627293f3f6476de187dc66fb4b8dbe9ea8e4103e05c6a1c9ad7c27a8d40308c297f385727c6586d1d6ea4deb6434e6cf015b69cb8" style="text-decoration:none;" title="Read the project so far">Read the project so far</a>, and on to August.<br> <br> Last week I asked for your views of how smaller countries may cope in a world of might-makes-right. Thank you for all your responses (and, separately, to the many of you who responded to our editor&rsquo;s observations from the Munich Security Conference. <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed50725456e6311fdd997a20187608900895b2330eb096cf2dc1c7c5272bd2d0f9f011226bef4585dade9794255f503b692e2c70adfff2cb1dcc5c79f" style="text-decoration:none;" title="Read a selection of those">Read a selection of those</a>). We read, and welcome, all your correspondence, even when you strongly disagree with us. <b>Lou Griffith</b> warns me against ranting or being woke and suggests we give Mr Trump more credit, particularly for his courage in shaking up old certainties. Some disruption can be welcome, I agree. Lou also seems to suggest that we didn&rsquo;t object loudly when Mr Putin first invaded Ukraine, in 2014, and asks me to reprint what we said then. Space is limited, but we condemned <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254574ef6ae32ad1f5f7f91d5f5b1107d55f5a7d025aa5cfee51a359fab32b3da558a9444ed757846d9a879b714bd9bd9ee739c3c2d5e8457ad3" style="text-decoration:none;" title="“Putin’s inferno”">&ldquo;Putin&rsquo;s inferno&rdquo;</a> and his <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254539640c87ead09ff1d3f36074b202032bced34b59180064bcf4e064ac51f9dd4fa12cc720c0189d8f57aeac26099cad2ded802d4a350e6c0f" style="text-decoration:none;" title="“new world order”">&ldquo;new world order&rdquo;</a> repeatedly, saying the West had to stand up to him. You&rsquo;ll note we are at least consistent. <b>Andrew Hammett</b>, in Germany, laments that he sees &ldquo;only weakness and lack of leadership around us. Please continue to ring the alarm bells.&rdquo; <b>James J Stark</b>, in Florida, sees Mr Trump overdoing his many actions, getting &ldquo;over his skis&rdquo; and expects this administration will have a &ldquo;short shelf life&rdquo;.<br> <br> Please continue to send me your thoughts. Do you expect that we&rsquo;ll see a summit between Mr Trump and Mr Putin, perhaps in Moscow, in May? Write to me at <a data-linkto="http://" href="https://click.e.economist.com/?qs=26edd61ed50725450072eb0057ed646c36f93025e80682bce7f22464f292d1dd303412c451d245b5b814314a0e06966bad48310b04f2d2d700bfb7445c64d882" style="text-decoration:none;" title="economisttoday@economist.com">economisttoday@economist.com</a>. </p></td></tr><tr> <td style="color:#121212;font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif;font-size:18px;line-height:25px;padding:0 0 1px 0;text-align:left;" valign="top"> </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 style="padding:0 16px 40px 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; 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border-top:1px solid #121212;" 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>Recommended reads</b></h2></td></tr></table></td></tr></table><!-- //SECTION HEADING --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545e9ef0d2cc4b18461017bfac7aaec4e7a1f747cd1ceda352981c2e17df47d5b1a22368bf841dc09e03ffb8101f1e3781a3cfa802075d714ba" target="_blank"><img alt="GERMANY-POLITICS-VOTE-CDU" src="https://www.economist.com/content-assets/images/20250301_BLP903.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545e9ef0d2cc4b18461017bfac7aaec4e7a1f747cd1ceda352981c2e17df47d5b1a22368bf841dc09e03ffb8101f1e3781a3cfa802075d714ba" style="color:#e3120b;text-decoration:none;" target="_blank">On the edge in Germany</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545e9ef0d2cc4b18461017bfac7aaec4e7a1f747cd1ceda352981c2e17df47d5b1a22368bf841dc09e03ffb8101f1e3781a3cfa802075d714ba" style="color:#121212;text-decoration:none;" target="_blank">Friedrich Merz wins a messy victory. But can he now rule Germany?</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545e9ef0d2cc4b18461017bfac7aaec4e7a1f747cd1ceda352981c2e17df47d5b1a22368bf841dc09e03ffb8101f1e3781a3cfa802075d714ba" style="color:#000000;text-decoration:none;">A terrible night for the chancellor, Olaf Scholz; a great one for the hard right</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- 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>More on Germany&rsquo;s election</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; font-weight:500; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;;" valign="top"> <p style="margin:0;"> &rarr; <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254579bcfce46a9d7804719b20fe92f5489e83dc1ae014e4612851146396af1ad91336b8339e05f49835d5d83e8c8bf98d8bb9538bb437206cbe" style="color:#000000;text-decoration:none;" title="">2025 election results: the race for the Bundestag</a></p></td></tr><tr> <td class="serifLF" style="padding:10px 0 10px 0; font-weight:500; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #121212;;" valign="top"> &rarr; <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545cfb583ad7fdfb8e123b9f1c8aaebb9eb75ecf148f925d80f57cdca271a01f73f80a02d4fcac6b69e4c6db5c4c4e40398fc173703df6a7119" style="color:#000000;text-decoration:none;" title="">Can Friedrich Merz save Germany&mdash;and Europe?</a></td></tr></table></td></tr></table><!-- //RELATED ARTICLES --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545123c97ac66496b17dde24ec7a5e73d3f922ebd3b790acbd0e4adce458a4002c5e17ef8274fa994726e0796ba22dbceb4b5d603397200b099" target="_blank"><img alt="" src="https://www.economist.com/content-assets/images/20250301_BLP902.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545123c97ac66496b17dde24ec7a5e73d3f922ebd3b790acbd0e4adce458a4002c5e17ef8274fa994726e0796ba22dbceb4b5d603397200b099" style="color:#e3120b;text-decoration:none;" target="_blank">A “transaction of love”  </a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545123c97ac66496b17dde24ec7a5e73d3f922ebd3b790acbd0e4adce458a4002c5e17ef8274fa994726e0796ba22dbceb4b5d603397200b099" style="color:#121212;text-decoration:none;" target="_blank">Donald Trump makes Ukraine an offer it can’t refuse </a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545123c97ac66496b17dde24ec7a5e73d3f922ebd3b790acbd0e4adce458a4002c5e17ef8274fa994726e0796ba22dbceb4b5d603397200b099" style="color:#000000;text-decoration:none;">A proposed economic deal would be punitive. Saying “no” could be worse </a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed507254532d1bee16b94a8cd37174bd5e2fe150c2612746dcd06e2bced8a8f269bdfe2f03276c904483db6b96b0344aeff3b4463dd060e62d268855e" target="_blank"><img alt="Kirill Dmitriev in Moscow, Russia, April 2nd 2021" src="https://www.economist.com/content-assets/images/20250222_EUP510.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254532d1bee16b94a8cd37174bd5e2fe150c2612746dcd06e2bced8a8f269bdfe2f03276c904483db6b96b0344aeff3b4463dd060e62d268855e" style="color:#e3120b;text-decoration:none;" target="_blank">Weekend profile</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed507254532d1bee16b94a8cd37174bd5e2fe150c2612746dcd06e2bced8a8f269bdfe2f03276c904483db6b96b0344aeff3b4463dd060e62d268855e" style="color:#121212;text-decoration:none;" target="_blank">From Wall Street banker to Vladimir Putin’s point man</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed507254532d1bee16b94a8cd37174bd5e2fe150c2612746dcd06e2bced8a8f269bdfe2f03276c904483db6b96b0344aeff3b4463dd060e62d268855e" style="color:#000000;text-decoration:none;">Kirill Dmitriev, boss of a Russian state investment fund, wants Donald Trump to cut a deal</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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 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=26edd61ed507254591705210f29cedb6d01e79478b7afc6a56b2c10b8ac6c824ab3ca33235cf2a661b7b8e07c3a851c1e3a5c929a9e69e6c9918db6423612ba2" > <img style="display: block; 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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;"> <p> </p><table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> </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 0px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:0px; 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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed50725453af6ecab1a7c748e5afb3085056c1bab380d3d18763dfccf95fe2893b0bc3d5d652b8becd365fed113d10818783459275f970257fe42e9b5" target="_blank"><img alt="People are passing by a Bitcoin office in Istanbul, Turkey." src="https://www.economist.com/content-assets/images/20250222_FNP503.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; 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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; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed50725453af6ecab1a7c748e5afb3085056c1bab380d3d18763dfccf95fe2893b0bc3d5d652b8becd365fed113d10818783459275f970257fe42e9b5" style="color:#000000;text-decoration:none;">Policymakers are racing to catch up with their rapid rise</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545c3d3ee9e25a5dc3ba4dddc4165f61ed8d253ed117d3edb7bbbc785d8e938cf938bf12d175df1d85b625556095ba078b0b8a7e36cb0c23298" target="_blank"><img alt="MEXICO-US-BORDER-SECURITY" src="https://www.economist.com/content-assets/images/20250222_AMP502.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545c3d3ee9e25a5dc3ba4dddc4165f61ed8d253ed117d3edb7bbbc785d8e938cf938bf12d175df1d85b625556095ba078b0b8a7e36cb0c23298" style="color:#e3120b;text-decoration:none;" target="_blank">US-Mexican relations</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545c3d3ee9e25a5dc3ba4dddc4165f61ed8d253ed117d3edb7bbbc785d8e938cf938bf12d175df1d85b625556095ba078b0b8a7e36cb0c23298" style="color:#121212;text-decoration:none;" target="_blank">Mexico deploys 10,000 troops to the US border</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545c3d3ee9e25a5dc3ba4dddc4165f61ed8d253ed117d3edb7bbbc785d8e938cf938bf12d175df1d85b625556095ba078b0b8a7e36cb0c23298" style="color:#000000;text-decoration:none;">They have been sent to tackle the drugs trade—and placate Donald Trump </a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545f66d6ed5967fac17f16798ca48ce3f61f492a1de036056c59bf38a259f5f62db9b97a359b70eb4f30a3f03406ac2eb81eef59f1a84892847" target="_blank"><img alt="Defense Sec. Hegseth Welcomes Israeli PM Netanyahu To The Pentagon" src="https://www.economist.com/content-assets/images/20250229_BLP902.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545f66d6ed5967fac17f16798ca48ce3f61f492a1de036056c59bf38a259f5f62db9b97a359b70eb4f30a3f03406ac2eb81eef59f1a84892847" style="color:#e3120b;text-decoration:none;" target="_blank">Eject!</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545f66d6ed5967fac17f16798ca48ce3f61f492a1de036056c59bf38a259f5f62db9b97a359b70eb4f30a3f03406ac2eb81eef59f1a84892847" style="color:#121212;text-decoration:none;" target="_blank">Donald Trump sacks America’s top military brass</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545f66d6ed5967fac17f16798ca48ce3f61f492a1de036056c59bf38a259f5f62db9b97a359b70eb4f30a3f03406ac2eb81eef59f1a84892847" style="color:#000000;text-decoration:none;">The navy chief, the air force second-in-command and military lawyers have all been fired, too</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545306da33dd8707671121a11bf57531ff58e51caa70be04572c32cde60b9019bd65c3e468c257319af194f28619cd5b7f6a9e49f04fa4c2b13" target="_blank"><img alt="JD Vance gives a speech at the Munich Security Conference" src="https://www.economist.com/content-assets/images/20250222_LTP501.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545306da33dd8707671121a11bf57531ff58e51caa70be04572c32cde60b9019bd65c3e468c257319af194f28619cd5b7f6a9e49f04fa4c2b13" style="color:#e3120b;text-decoration:none;" target="_blank">Letters to the editor</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545306da33dd8707671121a11bf57531ff58e51caa70be04572c32cde60b9019bd65c3e468c257319af194f28619cd5b7f6a9e49f04fa4c2b13" style="color:#121212;text-decoration:none;" target="_blank">J.D. Vance shakes things up in Europe</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545306da33dd8707671121a11bf57531ff58e51caa70be04572c32cde60b9019bd65c3e468c257319af194f28619cd5b7f6a9e49f04fa4c2b13" style="color:#000000;text-decoration:none;">Our readers respond to our report from the Munich Security Conference</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545e6956a3a146a86b019086593f4a5d5af23ec022749951a5d88fcf1d56ac996b91f9da826d344bf8579759b1551dde0ba3132ec0f033fab86" target="_blank"><img alt="A running shoe braking through finish line tape" src="https://www.economist.com/content-assets/images/20250301_STD000.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545e6956a3a146a86b019086593f4a5d5af23ec022749951a5d88fcf1d56ac996b91f9da826d344bf8579759b1551dde0ba3132ec0f033fab86" style="color:#e3120b;text-decoration:none;" target="_blank">Well informed</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545e6956a3a146a86b019086593f4a5d5af23ec022749951a5d88fcf1d56ac996b91f9da826d344bf8579759b1551dde0ba3132ec0f033fab86" style="color:#121212;text-decoration:none;" target="_blank">Do better shoes help you run faster? </a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545e6956a3a146a86b019086593f4a5d5af23ec022749951a5d88fcf1d56ac996b91f9da826d344bf8579759b1551dde0ba3132ec0f033fab86" style="color:#000000;text-decoration:none;">Yes, but the benefits won’t last</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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 40px 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"><!-- 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: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; border-top:1px solid #121212;" 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>Podcast</b></h2></td></tr></table></td></tr></table><!-- //SECTION HEADING --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545152a4acf6ffcaf2bd471584464d332f21f4fcc0046ddba9fc517b7ab19d3c15c8733ae626842058269e78c2ff06c6141ba45e0d7ad6b39bc" target="_blank"><img alt="Advertising for anabolic and steroids products in the window of a local pharmacy." src="https://www.economist.com/content-assets/images/20250222_PDP509.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545152a4acf6ffcaf2bd471584464d332f21f4fcc0046ddba9fc517b7ab19d3c15c8733ae626842058269e78c2ff06c6141ba45e0d7ad6b39bc" style="color:#e3120b;text-decoration:none;" target="_blank">The Weekend Intelligence</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=26edd61ed5072545152a4acf6ffcaf2bd471584464d332f21f4fcc0046ddba9fc517b7ab19d3c15c8733ae626842058269e78c2ff06c6141ba45e0d7ad6b39bc" style="color:#121212;text-decoration:none;" target="_blank">The hormone that grew me</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="other" href="https://click.e.economist.com/?qs=26edd61ed5072545152a4acf6ffcaf2bd471584464d332f21f4fcc0046ddba9fc517b7ab19d3c15c8733ae626842058269e78c2ff06c6141ba45e0d7ad6b39bc" style="color:#000000;text-decoration:none;">How far would you go in the pursuit of perfection?</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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 40px 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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And if there is a deal, how will the war have changed Ukraine, Russia and the world? Join our editors on Monday February 24th at 4pm GMT / 11am EST / 8am PST.</a></p></td></tr></table><table align="left" bgcolor="#142680" border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:initial !important; border:2px solid #142680; border-radius:16px;"> <tr> <td class="econsans" style="padding:5px 16px 5px 16px; font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-weight:500 !important; font-size:16px; color:#3c4faf; line-height:22px; text-align:center;width: 59px; height: 12px;" valign="top"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=26edd61ed50725451cb1707063d821410a55b918d92e0fd51ebe31c46032f307c9e513666e9541d29fb9bdb391fe9e978e114063eccf3d3ce5b437c8e4c3f0af" style="color:#ffffff;text-decoration:none;" target="_blank" title="">Register</a></td></tr></table></div></td></tr><tr> <td align="center" style="padding:0 8px 0px 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"><!-- ARTICLES (3) --><table align="center" bgcolor="#EFF5F5" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td class="serifLF" style="padding:16px 16px 16px 16px; font-family:25px; font-size:18px; font-weight:700; color:#121212; line-height:25px; text-align:left; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif;" valign="top"> <p style="margin:0;"> A message from Economist Impact</p></td></tr></table><table align="center" bgcolor="#EFF5F5" 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 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="pb8-16" style="padding:0 8px 8px 8px;" valign="top"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=26edd61ed5072545b5734a1e3d85f6e7227acfe258225eb74da1809c24a84b5b90565941c1c0574076bd7590c96952534aa9e1eae7b7bf7eee7cf9f0e8c11881" target="_blank" title="Economist Impact"><img alt="Economist Impact" data-assetid="361600" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/7b1f41ee-8aa0-4274-b431-8affa94d1be2.png" style="display: block; width: 100%; min-width: 100%; max-width: 276px; height: auto; padding: 0px; text-align: center; 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="serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:500; 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=26edd61ed507254511e1c13f1ee2cafdb26606c7383e93f35ef9103e57f7c36a15367987170b0e431843eb43130827b5460de816db76ce9d425b2d84bbaeac6b" style="color:#121212;text-decoration:none;" title="">Ignite antitrust debate</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; font-weight: 400; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=26edd61ed507254511e1c13f1ee2cafdb26606c7383e93f35ef9103e57f7c36a15367987170b0e431843eb43130827b5460de816db76ce9d425b2d84bbaeac6b" style="color:#121212;text-decoration:none;" title="">Join global leaders as they explore the evolving world of competition policy at the Antitrust Summit in London on February 27th. 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