Today's essential intelligence covering international developments and European affairs. Central Bank Tug-of-War
Former President Trump is signalling he would again press the Federal Reserve to cut rates and weaken the dollar; historians remind that every White House attempt since LBJ’s brow-beating of Chair William Martin backfired by stoking inflation and market distrust (WSJ, FT). Trump’s “Euro-paid” Patriots
Washington flipped again: Trump okayed Patriot launchers for Kyiv, but only if Europe foots the bill—Berlin signals no veto, yet refuses blank cheques (ZDF, Politico).