The EU and the U.S. often work together to develop international standards. This is the case in fighting terrorism and transnational crime, advancing trade liberalization, and combating piracy and intellectual property violations.

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

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.

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

States can be deterred by the fear of retaliation; non-state organisations cannot by deterred at all.

The time horizon may be too long for sole reliance on market solutions - but perhaps the inventiveness of the financial services industry will prove me wrong that point!

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.