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Many businesses have been severely impacted, with unemployment levels hitting new highs, writes Huawei Technologies’ Deputy Chairman Ken Hu.

Why we need to bridge the digital divide for greater equality

By: EBR | Monday, March 8, 2021

COVID-19 is deepening inequity both within and beyond borders. And as the world shifts increasingly online, uneven access to technology is leaving much of the global population behind

"An effective push against Putin also requires reaching out to Turkey’s pro-democracy forces. The clock is ticking on that."

Putin and Erdogan: Two Men Race to the Bottom

By: EBR | Thursday, March 4, 2021

Russia’s and Turkey’s lack of a solid economic performance is what motivates their two leaders’ steady resorting to domestic oppression

"The list of foreign policy divergences between Ankara and European capitals is long. They include the deployment of missile systems that are adversarial toward NATO, gas research operations in the Eastern Mediterranean under a military escort, and war operations in Azerbaijan, Libya, and Syria—not to mention a new posture on a settlement for the divided island of Cyprus."

The Price of a Positive EU-Turkey Agenda

By: EBR | Thursday, March 4, 2021

Ankara’s goal in dealing with Europe is to limit the future agenda to trade, economic matters, and refugee arrangements. In a diminishing space for civil society, academic freedom, and human rights, EU leaders are divided over what strategy to pursue with Turkey

“The sunk costs of EU regulation would be huge for tech companies, but they would only occur once. The EU could therefore trigger a cascade effect, with platforms adapting their business model not just in Europe, but everywhere.”

Tech regulation: waiting for Biden?

By: N. Peter Kramer | Wednesday, March 3, 2021

Germany, Denmark, Estonia and Finland “want to be more self-determined with democratic partners around the world” and to build “on a strong transatlantic relationship,” the country’s leaders said in their letter to the Commission

“The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide,” IEA executive director Fatih Birol said in a statement.

CO2 pollution bounces back, climate goals at risk: IEA

By: EBR | Tuesday, March 2, 2021

Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty targets for capping global warming out of reach

"Pakistan finds itself in a similar position as did South Korea in the 1950s. While included in Goldman Sachs’ Next 11, meaning the next countries to keep an eye on after the BRICs, investors seem too often to consider this as saying more about the coining of terms than economic potential."

A model for Pakistan’s elites and superfamilies

By: EBR | Monday, March 1, 2021

In the early 1950s, development economists were left wondering as to whether there is any hope for an Asian country receiving generous foreign aid

"Technological innovations offer an opportunity to bring deforestation to an end and restore some of the forests we have lost."

The world has lost one-third of its forests, but an end to deforestation is possible

By: EBR | Monday, March 1, 2021

Shortly after the end of the last great ice age – 10,000 years ago – 57% of the world’s habitable land was covered by forest

"When it should be dealing with much bigger issues of global importance, Georgia’s government seems intent on shredding the country’s democratic credentials and waging an acrimonious political civil war against its domestic opponents."

In Georgia, a New Crisis That No One Needs

By: EBR | Friday, February 26, 2021

When it should be dealing with issues of global importance, Georgia’s government seems intent on shredding the country’s democratic credentials and waging an acrimonious political civil war on its domestic opponents

"Following the G7 summit, the European Union and Germany pledged a further €1.4 billion to fund vaccine procurement across Africa."

Protect innovation, not greed

By: EBR | Friday, February 26, 2021

Emmanuel Macron was the first EU leader to pledge to offer surplus COVID vaccine supplies ahead of last week’s G7 summit and the French president got plenty of laudatory media coverage

"Universal immunization, for the planet’s 7.8 billion people, does not seem feasible — even if everyone wanted to have the vaccine, which they do not, and given that there are as yet no vaccines for children."

Immunizing the World: Can We Do It?

By: EBR | Thursday, February 25, 2021

Global governance on immunization against COVID 19 has failed quite badly so far. The West will experience a blowback

"EU now has to decide what kind of relationship, if any, it intends to pursue with Russia. When it comes to foreign and security policy, particularly with regard to Moscow, Berlin’s role is crucial. But strategy is not part of the German lexicon."

Why the Europeans Don’t Have a Russia Policy

By: EBR | Wednesday, February 24, 2021

The leaders of the EU’s institutions and member governments need Germany to shape a strategic policy toward Russia. But Chancellor Angela Merkel is not prepared to take on this task

"The Third Generation of China’s elite families will be shaped by this and will see their fortunes rise or fall in accordance to how well they are adapted to this very different environment."

China’s Superclans: The Third Generation

By: EBR | Tuesday, February 23, 2021

Wealth never survives three generations, unless you’re in China. The Chinese Economic Miracle over the past 70 years has in effect been the world’s largest continuous endogenous wealth creation event in history

“Whoever becomes the leader in AI [or artificial intelligence] will become the ruler of the world,” Vladimir Putin once famously said.

Here’s what you need to know about the new AI ’arms race’

By: EBR | Tuesday, February 23, 2021

In the current geopolitical theater, a global race towards leveraging artificial intelligence (AI) should come as no surprise

“We will continue to monitor activity that could lead to additional penalties including sanctions, but I think it would be wrong to think of sanctions as the only tool in our toolbox here.”

US sees progress against Nord Stream 2 amid calls for more action

By: EBR | Tuesday, February 23, 2021

The United States said Monday (22 February) it had seen progress from European companies moving out of the Nord Stream 2 pipeline from Russia to Germany, but critics urged stronger action

"German history should not be an obstacle — but an inducement to a better, more European-minded and circumspectly arranged future."

Mr. Steinmeier’s Major Faux Pas

By: EBR | Monday, February 22, 2021

North Stream 2: Is the gas pipeline’s completion really mandated by history, as the German President has claimed?

"It is interesting for the EU that Biden, during the telephone conversation with Xi Jinpeng expressed his ‘deep concerns’ about the ‘human rights violations’ in Xingjian, where the Uyghur Muslim minority lives."

Is Biden strengthening Trump’s (anti-) China policy? But this time with allies?

By: N. Peter Kramer | Wednesday, February 17, 2021

Last Sunday US President Joe Biden had a call with China’s President for the first time since taking office

"The dual crises of climate change and biodiversity loss cannot be solved without stopping tropical deforestation."

Collective action to enable sustainable growth will be critical to end tropical deforestation

By: EBR | Friday, February 5, 2021

It is now universally accepted that there is no solution to the twin crises of climate change and biodiversity loss without ending tropical deforestation

"There is no doubt that the astonishing human ingenuity which led to the successful development of effective and safe vaccines in record time provides a light at the end of the tunnel."

A vaccination race between nations can have no winners

By: EBR | Thursday, February 4, 2021

In 2020, one of the world’s most pressing challenges was to develop a vaccine against COVID-19

"Business leaders will need to cultivate ’businessworthy’ mindsets to make building a new era of inclusion and sustainability a reality."

How leaders can harness the power of finance and technology for social good

By: EBR | Wednesday, February 3, 2021

The COVID-19 pandemic has undone progress made on the Sustainable Development Goals (SDGs)

"We must come together to ensure the Age of Collaboration, in which we can build a better world."

From an Age of Disagreement to an Age of Collaboration

By: EBR | Tuesday, February 2, 2021

Polarization has created the Age of Disagreement, which threatens to derail progress to the world’s Sustainable Development Goals (SDGs)

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EU Actually

EU leaders slow down Green Deal to save industry and business competitiveness

N. Peter KramerBy: N. Peter Kramer

The relation between industry and business competitiveness on the one hand and the green transition on the other was one of the key issues at the Summit last week.

Europe

How Europe’s AI tortoise might overtake the US hare

How Europe’s AI tortoise might overtake the US hare

Giles Merritt reports on the growing risk of an investment meltdown of the US’s exuberant AI start-ups, and the opportunity for Europe.

Business

Corporate Geopolitics: When Billionaires Rival States

Corporate Geopolitics: When Billionaires Rival States

Tech giants are increasingly able to wield significant geopolitical influence. To ensure digital sovereignty, governments must insist on transparency and accountability.

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