Ursula von der Leyen’s Multiannual Financial Framework Gamble

On 16 July, Ursula von der Leyen unveiled a bold EUR 2 trillion budget proposal for the EU’s 2028–2034 Multiannual Financial Framework. Aiming to shift priorities toward competitiveness, defence, and strategic investment, the plan marks a significant departure from traditional focuses like agriculture and cohesion. While it reflects her vision of a stronger, more centralised EU, the proposal has triggered internal dissent and sparked backlash from member states. The battle over Europe’s future direction is now firmly underway.

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The Big Beautiful Bill: Domestic Vision, Global Ripples

Donald Trump’s “Big Beautiful Bill,” passed on July 4, 2025, delivers sweeping tax cuts and boosts defense and immigration enforcement, but faces sharp criticism over its impact on debt and social safety nets. While the administration touts economic benefits, the bill reallocates Medicaid and SNAP funding to states and imposes new work requirements. Internationally, Trump’s tariff strategy—especially on countries like South Africa—raises economic uncertainty. The bill marks a bold, polarising vision with far-reaching domestic and global implications.

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