The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free.

The E.U. is more than just a trade organization or a common market; it is a guarantee of democracy, freedom, justice, and human rights. Nations cannot stay in the E.U. if they do not respect these guarantees.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China.

The E.U. has moved to combat global terrorism by instituting common European arrest and evidence warrants and creating a joint situation center to pool and analyze intelligence.

Proliferation of nuclear weapons to terrorist organisations is far more dangerous than proliferation of nuclear weapons to states, even states like North Korea.

If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow.