The contest for word of the year is already over. In the geopolitical category, the winner is “de-risking”.
This D-word has moved from obscurity to ubiquity in less than two months. It was the centrepiece of a speech about China made in late March by Ursula von der Leyen, the European Commission president. De-risking was then seized on by the Biden administration. Then, last week, it was endorsed by a G7 summit.
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Financial Times
Gideon Rachman is chief foreign affairs columnist for the Financial Times. His particular interests include American foreign policy, the European Union and globalisation.
