Eurozone Integration Screeches to a Halt

Once upon a time, we were taught that visitors came humbly to Europe to wonder at the magnificence of the white man’s civilisation. Now, the caricature is reversed. This week, three leading non-Europeans, one black, one brown and one yellow-skinned, arrived in Cannes. The President of the United States, the Prime Minister of India and the Premier of China certainly looked puzzled by what they found, but whatever they were lost in, it was not admiration.