As Europe’s power shrinks, its fear is growing and the result is huge mistakes

News Snapshot:

Europe no longer wields the power it once did in world affairs, when there was a liberal international order that hinged on US power and in which international cooperation flourished. In that world, Europe was not a superpower, but the hallmarks of the post-cold war era – multilateralism, regional cooperation, interdependence, the flourishing of democracy, soft power and free trade – were also insignia of the European Union. Today we are in a post-post-cold war era and the world has changed direction. Some features of the old system live on. But contrasting forces such as nationalism, protectionism and unilateralism are...