Guest: Joseph Sternberg. In Europe, France faces continued political paralysis that may require a decisive election between the right and left, whereas Germany's center-right government under Chancellor Merz is reclaiming the initiative by addressing immigration and economic growth. Meanwhile, Japan's move to normalize interest rates could trigger a massive repatriation of capital that impacts global markets, while in the UK, Prime Minister Starmer faces a difficult year of economic stagnation, surviving largely because there is no clear alternative to his leadership.
October 18701
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