The clash over HormuzThe island of Larak is a long-standing Iranian obsessionTehran is acting to preserve its advantages, whilst Washington is acting to limit the regime’s blackmail. But only by bypassing the Pasdaran can they be brought to the negotiating table on other issues.31 AUG 26
editorialsThe shadow of the AfD over the anniversary of German reunificationA victory for the nationalist party in Saxony-Anhalt would undermine the values Germany shares with its neighbours, whilst also threatening Berlin’s alliancesbyRedazione31 AUG 26
Middle EastNew attacks in the Middle East. The US military warns Hegseth: “An unsustainable pace”The US armed forces have struck an Iranian launch site that was attempting to lay mines in the Strait of Hormuz. The regime has struck Jordan and the United Arab Emirates31 AUG 26
after the voteIceland says ‘no’ to the EU. Has Europe fallen out of favour?Shadows over the election year. The decisive test in France: a victory for Marine Le Pen would be a blow to the EU. Brussels’ doubts over Meloni’s pro-European stancebyDavid Carretta31 AUG 26
Icelandic polling stationsThe “No” vote won in Iceland’s EU referendum. What does this mean for Brussels?The ‘No’ vote won with 52.5 per cent of the vote in the referendum on resuming accession negotiations with the EU. The problem, at this stage, is Europe’s credibilitybyLuciana Grosso30 AUG 26
MagazineThe Bauhaus under siege: how the AfD is courting neo-Nazis“Cosmopolitan and stateless”: the German right attacks the Weimar School and its legacy, turning the battle against “degenerate” art into a threat to cultural freedombyPaolo Valentino29 AUG 26
magazineBeing settlers. What lies behind Israel’s front lineThey are not found in high society; they do not turn the other cheek, and they are the harbingers of what we do not want to see.byGiulio Meotti29 AUG 26
The HawkTrump’s Fed appointee signals a rate rise and challenges Bessent on TreasuriesOn the 65 months of high inflation, he takes the blame on behalf of the Fed. And regarding US government bonds, he calls for them to reflect what investors think about inflation and public finances, without ad hoc interventions byDavide Mattone29 AUG 26
The weight of ArgentinaMilei reforms the Central BankAs a candidate, he wanted to shut it down. Now, however, he is rebuilding the institution’s credibility and independence to tackle inflationbyLuciano Capone29 AUG 26
Reading the enemyPutin is banking on the US’s new approach to AfghanistanAmid the chaos Trump has caused in the Middle East, the Kremlin is relishing its opportunity to act against Ukraine. It is a case of déjà vu, reminiscent of when Russia thought the time was right for a full-scale invasion of Ukraine. The US president’s plans and objectives regarding Tehran, and Moscow’s new line of attacks against KyivbyMicol Flammini29 AUG 26