Ambrose Evans-Pritchard: does the EU club have a future?

The economic crisis has transformed the global economic landscape. The dreams of a decade ago now seem grandiose, says Ambrose Evans-Pritchard.


14 Sep 2009
Telegraph.co.uk



Strasbourg's Babel house has no unifying language or political culture

Broadly speaking, the world is run at the outset of the 21st Century by the United States and China together in uneasy condominium. This is the surprising reality of our era. The pattern is unlikely to change much until India takes its full place, perhaps in 40 years.

The baton passed from Europe’s tired hands at London’s G20 summit in April, where the only meeting that mattered was the tete-a-tete between Barack Obama and Hu Jintao. The two Pacific superpowers are meshed together by their “dollar-yuanâ€