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The US is enjoying a virtuous cycle, while the EU is caught in a mid-tech trap

New legislation risks driving development of the transformative technology away from the bloc

Intervention ahead of Trump interview adds to tensions over first-of-its-kind investigation into social media platform X

EU leaders must match the boldness of Thatcher and Delors

Market hopes rest on gaining the benefit of the doubt that the US commands

Also in this newsletter: Germany arrests AfD member and others over alleged Nazi-inspired plot

Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness

Also in this newsletter: Slovakia’s premier Fico faces no-confidence vote over closeness with Russia

Many governments outside the US do not want to rely on Elon Musk’s satellite company

EU nations will need to step up to the plate in arming Kyiv as US support becomes less fulsome