The central role of technology in the competition between the major powers is fueling an ever-more intense rivalry. Artificial intelligence is enabling large corporations to accrue unprecedented power, with consequences for states and even for international conflict. However, states do have tools at their disposal to regulate these developments. In this international competition, Europe has a strong hand, but must be prepared to play its cards in order to create a new kind of international cooperation.

Vikas Swarup, an Indian writer and former diplomat, is the author of four novels, including Q & A (New York: Doubleday, 2005), which has been translated into 47 languages and adapted for the screen under the title Slumdog Millionaire.

Text published in Politique étrangère, Vol. 91, No. 2, 2026.

Few countries have been as profoundly affected by the attacks of October 7th and the subsequent Gaza war as Germany. This is not merely a political controversy. It reflects a deeper structural problem: German-Israel policy has long rested on two guiding principles—a particular historical responsibility toward Israel derived from the Holocaust, and a firm commitment to universalist norms, above all international law and human rights.

Geopolitical risk has established itself, within the space of a few years, as a central variable in corporate strategy.

In April 2023, The Economist published an article pointing to the vast amounts of electricity infrastructure needed to reach energy transition goals. 

For what may be its most significant stress test since the end of the Cold War, European deterrence is under strain. Russia’s war against Ukraine has demonstrated Moscow’s willingness to use force and its ability to combine conventional operations with nuclear signalling, coercive rhetoric, and hybrid actions. At the same time, the gradual deterioration of transatlantic relations has revived concerns about the reliability of extended deterrence.

Germany is facing fundamental challenges to its economic and social model and is seeking a new course. The German post-war model was hugely successful, leading to economic strength and prosperity over many decades, but now it is steadily faltering. The previously latent fear of deindustrialization is becoming more concrete, particularly due to the weakening of a key sector: the automotive industry.

What is the outcome of Operations Roaring Lion (RL) and Epic Fury (EF), launched by Israel and the United States against the Islamic Republic of Iran on February 28, 2026?