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“I think we have an opportunity to make something positive out of a bad hand that we inherited when we took office.”

Blinken: US able to mitigate Nord Stream 2 pipeline effects

By: EBR | Wednesday, June 9, 2021

Secretary of State Antony Blinken said on Monday (7 June) the completion of the Russian Nord Stream 2 natural gas pipeline was a “fait accompli”, defending the US decision to waive some sanctions and vowing a response if Moscow tries to use gas as a weapon

"An investment agreement would provide investors with greater protection for their investments and shore up the resilience of supply chains under the framework of the EU-Asia Connectivity Strategy."

Partners for a green, digital future – Taiwan and the EU need a BIA

By: EBR | Tuesday, June 8, 2021

20 May, with an overwhelming majority, the European Parliament froze the ratification process of the controversial Comprehensive Agreement on Investment (CAI) with China

"The COVID-19 pandemic certainly led to some setbacks. In fact, cross-border trade declined more during March and April 2020 than it did during the Great Depression of 1929. However, the recovery has been faster than expected."

Re-Globalization, With Hiccups

By: EBR | Friday, June 4, 2021

A new era of globalization is dawning, but it is accompanied by serious challenges

“It’s a specialized process to ensure we track all ransomware cases regardless of where it may be referred in this country, so you can make the connections between actors and work your way up to disrupt the whole chain.”

US to give ransomware hacks similar priority as terrorism

By: EBR | Friday, June 4, 2021

The US Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters

"A recent study by leading economist Enrique Dussel Peters, coordinator of The Center of China-Mexico Studies revealed that in 2020 Mexico became the main recipient of Chinese investments in Latin America."

The Chinese-Mexican Bromance

By: EBR | Thursday, June 3, 2021

An official apology by Mexico’s President for the 1911 Torreon massacre of Chinese immigrants highlights China’s increasing clout in Mexico

Turkey blocked a NATO defense plan for Poland and the Baltic states for over six months, until June 2020. This had prompted the New York Times to label the country, “NATO’s ‘Elephant in the Room.’”

Turkey Undermines NATO, Yet Again

By: EBR | Wednesday, June 2, 2021

Erdogan saves Putin’s Belarusian ally by playing spoiler role within NATO

“Most economies that perform well focus their talent development efforts in every stage of the educational process,” write Professor Arturo Bris and Dr Christos Cabolis of Switzerland’s Institute for Management Development, which has been compiling the IMD World Talent Ranking for seven years.

European countries top the global talent list of 2020

By: EBR | Tuesday, June 1, 2021

A global ranking of 63 countries has found that investing in education at all levels boosts competitiveness by developing and attracting talent

"Europe’s new ’Digital Services Act’ (DSA), Digital Markets Act (DMA) and the recently proposed AI regulation are a big deal for European companies and all companies operating here."

Together with the US, the EU can keep the internet ’open’

By: EBR | Tuesday, June 1, 2021

Big Tech New internet legislation puts the EU at risk of falling behind the US and China. But together, the US and the EU can reach an international consensus

"The possibility of a common EU-US front on WTO reform is kindling optimism and even great expectations."

Why the EU is such a key player on global trade and tax reform

By: EBR | Tuesday, June 1, 2021

This summer the European Union will be swimming, if not drowning, in an alphabet soup of fraught global negotiations. Whether or not it emerges triumphant, these issues answer the familiar question of “what’s the EU for?”

According to the study, every year from 2021 through 2025 is likely to be at least 1 degree Celsius warmer.

Rising global temperatures ’inexorably closer’ to climate tipping point, WMO says

By: EBR | Monday, May 31, 2021

There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the next five years -- and these odds are rising, a U.N. report said

"How seriously should we take Britain’s prime minister? Very, say his supporters."

Britain’s Post-Brexit Ambitions Will Be Modest, Not Global

By: EBR | Friday, May 28, 2021

Brexit Britain is discovering that its influence and ability to tackle global challenges have diminished. As reality sinks in, it could change the way Britain thinks and acts—very possibly for the better

"Both personally and as an institution, we fully support and endorse the universal principles, rights and frameworks that were put in place in the past 75 years to ensure that everyone in the world can lead a peaceful and prosperous life."

Can we improve the world by remaining impartial?

By: EBR | Friday, May 28, 2021

What do you do when violent conflict erupts, innocent people get killed, and human rights are being violated?

"Nature can play a fundamental role in achieving net-zero, with the capacity to deliver one third of cost-effective solutions to climate change."

The race to net-zero is on. This is how we can cross the finish line

By: EBR | Thursday, May 27, 2021

The world faces converging environmental crises that are inextricably linked: the accelerating destruction of nature and climate change, driven largely by unsustainable production and consumption

Nord Stream 2 will then double the capacity of Nord Stream 1.

Nord Stream 2: Biden waives US sanction on pipeline

By: N. Peter Kramer | Monday, May 24, 2021

US President Joe Biden has removed the consortium building Nord Stream 2 from the US sanctions list. The company’s CEO, former Stasi agent Matthias Warnig, is also no longer on the list

"In 2021 the EU’s no-contact policy with Hamas boils down to no leverage on Hamas, period."

Can Europe Do Anything to De-escalate the Israeli-Palestinian Conflict?

By: EBR | Friday, May 21, 2021

The EU’s hollow statements expressing “concern” over the latest Israeli-Palestinian conflagration will not deter either party. Unless the Europeans use what little leverage they have, they can forget about having a strategic role in the region

"The difficulties New Delhi and Brussels have in developing a better understanding are ironic. While neither side is aware of it, both the Europeans and the Indians are in fact similar in temperament and sensibility."

India: The Europe of Asia

By: EBR | Wednesday, May 19, 2021

Despite a similarity in temperament, Europe and India struggle to enhance their partnership. Why?

"Military mobility aims to support member states’ commitment to simplify and standardise cross-border military transport procedures, seen as the ‘silver bullet’ for EU-NATO defence cooperation and designed to ensure seamless movement of military equipment across the EU in response to crises."

EU military project more important than NATO?

By: EBR | Tuesday, May 18, 2021

NATO member Turkey has submitted an application to participate in the EU’s Dutch-led military project on military mobility, despite tense relations with Greece and Cyprus. While the request is being reviewed, EU diplomats are split over Ankara’s possible participation

"Will history repeat itself in the current clash with Hamas? Israeli decision-makers surely hope so."

What will finally break the cycle of violence between Israel and Hamas?

By: EBR | Monday, May 17, 2021

How will this round of bloodshed between Israel and Hamas end? In 2006, at the heat of the Second Lebanon War, I briefly met Anthony Cordesman, one of the most respected military strategists in the world

"Due to its proximity to China, Taiwan had been expected to be one of the countries most severely affected by the epidemic."

Building a resilient and inclusive global health system together—Taiwan can help

By: EBR | Tuesday, May 11, 2021

The threat that emerging infectious diseases pose to global health and the economy, trade, and tourism never ceases

"The lower educated workers put their money on Boris Johnson. They recognise themselves in his optimistic and nationalistic discourse."

Conservatives continue to gain in former Labour heartland

By: N. Peter Kramer | Monday, May 10, 2021

Local elections rarely warrant broad attention, but we do not live in normal times and the votes Britons cast Thursday don’t count as a normal local election

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EU Actually

The EU struggles to find a united voice

N. Peter KramerBy: N. Peter Kramer

EU leaders knew this may coming. For weeks, they watched the US military build-up in the Middle East. But since the US-Israeli attack started on Iran, the EU looked fractured and decidedly without leverage, caught up in the maelstrom of what happens.

Europe

The EU Needs a Third Way in Iran

The EU Needs a Third Way in Iran

European reactions to the war in Iran have lost sight of wider political dynamics. The EU must position itself for the next phase of the crisis without giving up on its principles.

Business

The EU’s zig-zag road towards stronger financial markets

The EU’s zig-zag road towards stronger financial markets

Giles Merritt delves into the confusing welter of efforts to streamline Europe’s national financial players into a more dynamic single capital market

MARKET INDICES

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