Europe’s Vault Amid America’s Strategic Retrenchment
The post Europe’s Vault Amid America’s Strategic Retrenchment appeared on BitcoinEthereumNews.com. A photo taken on January 22, 2018 shows the UBS logo in Zurich. – Swiss banking giant UBS reported on January 22, 2018 that its profits plummeted 63 percent last year due to US tax reforms that hit fourth-quarter earnings. It said annual net profit dropped to 1.16 billion Swiss francs (900 million euros, $1.01 billion) for the year. (Photo by MICHELE LIMINA/AFP via Getty Images) AFP via Getty Images The future of European security has become one of the central geopolitical questions arising from Washington’s strategic retrenchment. America’s emerging burden-sharing and burden-shifting policy will compel European powers to construct a new continental security architecture – a formidable undertaking given Europe’s fractured strategic history and uneven military capabilities. Within this evolving landscape, Switzerland’s longstanding posture of neutrality and its position as Europe’s vault c