UK judgment 'victory for rule of law'

THE UK Supreme Court ruling that the government's decision to suspend parliament was unlawful is a decisive moment not just for Britain's political parties and the process of leaving the European Union.

THE BOTTOM LINE

Grim political arithmetic for Johnson as UK's PM

THE British prime minister has changed, but the grim internal and external political arithmetic remains the same. Boris Johnson entered 10 Downing Street on Wednesday at the helm of a weak, uncertain government facing very similar constraints to those that dogged Theresa May, his luckless...

THE BOTTOM LINE

Lagarde's ECB tenure will be a race against time

CHRISTINE Lagarde's nomination to run the European Central Bank (ECB) is a high-risk, French-orchestrated gamble that shatters the Bundesbank's pretensions to influence the fate of economic and monetary union. The selection of the International Monetary Fund (IMF) managing director and former...

Merkel's longtime rival Merz is Germany's new leader in waiting

GERMANY has a new leader in waiting. Friedrich Merz, longtime Christian Democratic Union (CDU) rival to Chancellor Angela Merkel, is moving into pole position as her most probable replacement, with strong support from German industrialists disillusioned with the mainstream politicians at the...

COMMENTARY

Germany's moribund banking sector has the country in a bind

FORMER German Chancellor Helmut Schmidt used to lament how Germany's giant banking groups would stoke up dangerous enmity among neighbouring countries by inevitably dominating European finance. A senior French banker once told me that French and German banks would never merge because the Germans...

COMMENTARY

Franco-German questions on Europe; Macron's steel, Merkel's twilight

THE longest-running conundrum in the European Union is: 'Who runs Europe - France or Germany?' The next few weeks will see further questions - but no ultimate answers. Britain is on its way to leaving the EU, before or after the May European Parliament elections. This follows nearly three years...

THE BOTTOM LINE

New CDU leader faces coalition shifts and power struggle

ANNEGRET Kramp-Karrenbauer, the new leader of Germany's principal governing party, faces a complex struggle to impose her will on her fractious Christian Democratic Union (CDU). She will pursue a more conservative path in key areas compared with still-Chancellor Angela Merkel. This has...