The Decline of the Liberal Order: Insights from Florentino Portero

Florentino Portero argues that the liberal order based on freedom and free trade is collapsing, beginning a shift towards a post-Western world led by emerging powers in Southeast Asia. He warns of rising populism due to citizens’ declining trust in traditional parties, emphasizing the importance of fighting for freedom and addressing people’s immediate needs for stability and employment.

Gold Mid-Year Outlook 2025.

Gold prices surged 26% in the first half of 2025 due to a weaker US dollar and increased investment demand amid economic uncertainty. Predictions indicate potential gold price stability with a slight increase, while deteriorating conditions could drive prices 10%-15% higher. Conversely, conflict resolution could lead to a 12%-17% drop in gains.

The Impact of Trump’s Leadership on World Order.

Edward Luce critiques Trump’s tumultuous presidency, suggesting he has unleashed uncontrollable global forces. His actions have eroded U.S. prestige and damaged relationships, especially in Europe and Canada. While tensions existed prior, Trump’s erratic approach risks a new world order. The long-term consequences remain uncertain, highlighting the need for renewed strength.

Two Questions for the Oracle of Delphi.

Delphi, Greece, historically a pilgrimage center for prophecy, raises questions about democracy’s future. Philosopher Fernando Savater emphasizes citizen responsibility in a democracy. The conflict with China, which lacks fundamental freedoms, is highlighted. Despite challenges, democracy persists through its adaptability and civil society, contrasting with China’s authoritarian model.

The Axis of Power is Cracking.

The content reflects on the historical and current significance of Athens as a cradle of knowledge and democracy, connecting it to contemporary global power shifts, particularly toward Asia. It discusses China’s economic rise, the decline of European influence, and questions the implications for human rights and individual sovereignty in this evolving landscape.

Regime Change.

The text highlights an impending confrontation between Mexico and the US due to drug cartel complicity with the Morena government, particularly under Dr. Sheinbaum. Critics argue about her lack of political acumen and express concerns over potential US intervention as tensions rise, advocating for a national pact for a democratic transition in Mexico to avert crisis.

On Rails, China Is Taking Over Europe.

The Piraeus port terminal, controlled by China’s COSCO, is pivotal for China’s Belt and Road Initiative, enhancing trade routes to Europe. While primarily staffed by Greeks through subcontracting, the terminal facilitates significant container traffic, symbolizing China’s growing global influence and economic interconnection through rail networks and logistics.

The War of the Worlds.

The World has changed forever, not necessarily for the good of human civilization. There are challenges to overcome if we aspire to live in a world where human rights and the rule of law prevail over tyranical regimes. The world we knew is over and it will not return.