Now that America has stepped back, Europe is at last stepping up. We examine the bloc’s tactics (if not yet a strategy) and how steady its support is likely to be. With the coming public listings of SpaceX and Anthropic, we ask whether stockmarkets can handle a string of “giga-IPOs”. And our World Cup series looks at Iran’s side.Guests and host:Tom Nuttall, chief Germany correspondentJoshua Roberts, capital markets correspondentJon Fasman, senior culture correspondentJason Palmer, co-host of “The Intelligence”Topics covered: Europe, security, Ukraine warIPOs, investment, stockmarkets, SpaceX, Anthropic, OpenAIWorld Cup, IranVisit education.economist.com and use code 5YEARS to save 15% on courses developed by our editors and correspondents.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.