A “tectonic shift” is underway in global economics and politics, the chancellor has said
The era of ‘Pax Americana’ is over for Europe, German Chancellor Friedrich Merz has said, adding that the global economy and political order are undergoing a “tectonic shift” in centers of power worldwide.
The term ‘Pax Americana’ (American Peace) describes the transatlantic order that emerged after 1945 and was institutionalized through NATO, with the US as Europe’s primary security guarantor and leading military power.
Speaking at the Christian Social Union (CSU) party convention in Munich on Saturday, Merz urged Europeans to prepare for a “fundamental…
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