2026-06-03
21 分钟The Economist.
Hello and welcome The Intelligence from The Economist.
I'm Jason Palmer.
Today on the show, whether stock markets can stomach the coming wave of giga-IPOs,
and our World Cup contender series continues with Iran.
I believe the people of Europe understand very well that we must stand up against this cruel aggression.
March 1st, 2022.
The world was still digesting Russia's invasion of Ukraine,
and Ursula von der Leyen, President of the European Commission, called it a moment of truth for Europe.
Yes, protecting our liberty comes at a price,
but this is a defining moment and this is the cost we are willing to pay.
Four years later, and the time has come to live up to that impassioned notion.
This is now Europe's war to manage for three reasons.
Tom Nuttall is our Chief Germany Correspondent and Berlin Bureau Chief.
One is that America has disengaged, it's cut off financial aid, it's lost interest in diplomacy.
The second reason is that the election in Hungary a few weeks ago got rid of Viktor Orbán,
who was the veto player inside the EU on things like sanctions and aid.
And the third reason is that there's now a sense of diplomatic possibility
because Ukraine has enjoyed some advances on the battlefield and with its deep strikes inside Russia.
And there's some hope that that might be the beginning of a process