Delulu

Sharing a bottle of "El Esteco" Malbec from northern Argentina, my thoughts wandered not only to the parks of Buenos Aires, but across geopolitical fault lines. With the caveat that there may be things I do not know, Trump’s repeated threats to annex Greenland simply appear delulu (to borrow the latest internet term) – and a strategic catastrophe. Existing treaties already grant American troops effectively unlimited access to Greenland, and as for commodities, you can certainly buy quite a lot before it even begins to approach the stock-market turmoil that would follow any annexation, as European investors would withdraw their capital.

Otherwise, the grading season is in full swing. Yesterday alone, I received six more theses to assess, on everything from gender-neutral conscription to AI use in Swedish municipalities, so I better get back to work. But before I sign off, I should mention that, after 25 years of negotiations, the EU and Mercosur finally approved a free-trade agreement today which sends a strong signal in favour of mutually beneficial rules-based trade.