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The minister put all her hopes on Commission President Jean-Claude Juncker who will be travelling later this month to Washington to seek a solution to the potential trade war between the US and the EU. But if the Trump administration decides to hit European cars, there will be consequences. “We will react with countermeasures because we need to protect our industry,” Schrambock warned. “I have the feeling that we stand together as one on this,” she said.

Austria Presidency pushes for dialogue on US-EU trade dispute

By: EBR | Thursday, July 5, 2018

Austria’s EU Presidency is committed to preserving EU unity on the US trade dispute during its mandate but wants the European Commission to prioritise a transatlantic dialogue and avoid escalation

Across seven studies, we hypothesised that imagining an alternative offer causes negotiators to boost their aspirations and motivates them to demand more from their opponents. In one study, for example, 306 online participants were divided into three groups. They were told to sell a second-hand CD to a potential buyer and were instructed to make a first offer. One group was told that another buyer was offering US$8 for the CD, which gave them a strong alternative. Another group lacked an alternative offer. The third group also lacked an alternative but was instructed to imagine what it would feel like to have one, what this alternative would look like and how it would affect their upcoming negotiation.

Imagine alternatives to negotiate more ambitiously

By: EBR | Thursday, July 5, 2018

Mentally simulating an attractive alternative can provide some of the advantages that real alternatives typically offer

Psychological experiments in recent years have uncovered other routes to power, beyond formal hierarchy and individual expertise. For instance, asking people to dwell on prior instances of empowerment can prime feelings of power. While such psychological manipulations involving recall tasks are reliable, they do require having experienced a sense of power in the past and a good memory. What if there was a way, in our daily interactions, to enhance our feelings of power without having to rely on memory?

Why power seekers give advice

By: EBR | Thursday, July 5, 2018

How giving advice makes some feel powerful and why it can be dangerous

In particular, Trump lacks a set of innovation and industrial policies that countries like China and Germany deploy to build strong industry. Rather than investing in America, Trump pushed through a major tax cut that slashes investment and jeopardizes the United States’s ability to do so in the future. According to the Congressional Budget Office, the tax cut will widen the deficit to $1 trillion per year in 2020.

How Trump should think about China

By: EBR | Tuesday, July 3, 2018

As China’s example shows, a country needs to invest in its future prosperity. Tariffs and tax cuts are no way to get there

The US President has made no secret of his contempt for the Alliance. He thinks the US is being taken advantage of: European states aren't spending enough on defence and who wants to sit around talking endlessly about cooperation and solidarity anyway?

Trump is wrong: guns alone don’t make a super power

By: EBR | Tuesday, July 3, 2018

Having struck at the heart of the once all-powerful Group of Seven (G7) of industrialised countries, caused havoc among world trading nations and insulted almost all key allies, is US President Donald Trump now going to take an axe to the NATO military alliance?

Over the next seven decades, GDP calculations would not generally include unpaid (and mostly female) labour. But Deane’s work shows us this was not the only way to measure economic production. As GDP calculations come under increasing criticism, we should look to her research for a way forward.

History tells us we've got GDP wrong. Here's why

By: EBR | Friday, June 29, 2018

It’s been nearly 80 years since British economists James Meade and Richard Stone devised a method of national income accounting that would become the global standard. Today, we call it a country’s gross domestic product (GDP)

A series of recent developments suggests that the domestic political situations of several key players in the international arena are undergoing significant shifts, as are relations between players. Everything seems to indicate that the world is in another period of historical transition.

Three scenarios for the future of geopolitics

By: EBR | Friday, June 29, 2018

To understand events in the international arena, it helps to distinguish whether our current period is essentially stable or in significant flux

“The CNDH has been instrumental in bringing about real and positive change in Morocco but, as is outlined in the report, there is still much to do,” said Fautre commending real progress in the country. Fautre added, “The fact finding mission in Morocco was designed to identify the most urgent issues and this report seeks to analyse these in detail. It also shows that the EU’ssoft power can contribute to promoting human rights in this country and elsewhere.”

HRWF Report recommends measures to boost human rights in Morocco

By: EBR | Wednesday, June 27, 2018

A major new report by a leading rights group says that “significant progress” has been made in promoting democracy and human rights in Morocco

The first EU reaction to Turkey’s elections was a prudent acknowledgement of the results and an expression of the need to urgently address key shortcomings regarding the rule of law and fundamental rights. The interesting aspect will be the tone that EU leaders use in acknowledging Erdogan’s victory. The sorry experiences in of Berlin and The Hague last year and Paris in January will perhaps not induce much enthusiasm. They will express a clear will to continue working with Turkey, but effusive embraces are not in the mood as Turkish interferences in domestic EU politics are still on everyone’s mind.

The European Union and the New Turkey

By: EBR | Wednesday, June 27, 2018

The EU should continue to increase its support to human rights defenders, independent media and civil society. This is probably an even more arduous task than before the election

The roots of the order run back to the mid-1940s, when US officials concluded that the United States should work to shape the postwar settlement in more structured, collaborative and rule-bound ways. They conceived of global organizations to promote collective problem-solving, avert protectionist impulses, and stabilize the world economy.

We need a new international order. Here’s why

By: EBR | Tuesday, June 26, 2018

Few global issues have taken on more current importance than the future of the postwar, rule-based international order

To be sure, large charities such as the Bill & Melinda Gates Foundation have financially sophisticated endowment funds. However, small- and medium-sized charities with funds of up to US$50 million may not be aware that they could do a better job of maximising their funds for the long term.

How charities can ensure financial longevity

By: EBR | Monday, June 25, 2018

Charities should create an investment strategy to meet long-term financial liabilities

The EU does not have much direct leverage over Rome. Italy pays more into the EU budget than it gets back directly (net contribution of €3.2 billion in 2016). A risk that the EU may eventually suspend funding for regional or structural adjustment programmes would matter much less for Italy than for the big net recipients of EU funds in east-central Europe such as Poland and Hungary.

Italy: the master of its fate

By: EBR | Monday, June 25, 2018

If Italy’s government tames its radical instincts it could be allowed to get away with a few things. But if it is confrontational with the EU it will be heading for trouble

Erdogan, 64, the most popular - yet divisive - leader in modern Turkish history, told jubilant, flag-waving supporters there would be no retreat from his drive to transform Turkey, a NATO member and, at least nominally, a candidate to join the European Union.

Turkey's Erdogan wins sweeping new powers after election victory

By: EBR | Monday, June 25, 2018

Turkish President Tayyip Erdogan won sweeping new executive powers on Monday after his victory in landmark elections that also saw his Islamist-rooted AK Party and its nationalist allies secure a majority in parliament

Third, awareness raising, financial literacy and access to affordable financial services are necessities for migrants in their new countries of residence and for their families back home. This will enable migrants to make informed choices about the cheapest and most secure means of sending money home, as well as provide them with an understanding of financial products in which their families can invest. This in turn will bolster the financial systems in countries of origin and residence.

How migrants who send money home have become a global economic force

By: EBR | Friday, June 22, 2018

More people are on the move around the world than ever before. An estimated 258 million people are currently living outside their country of origin

More generally regarding the role of the citizen, one principal uncertainty is whether or not we will be able to work collectively towards greater sustainability. This includes developing a common vision that can be embraced by different sectors of society and geographies across the world. It is unclear whether or not SDGs represent this vision, says David Bray, Executive Director of People-Centered Internet.

The two big uncertainties shaping our future

By: EBR | Friday, June 22, 2018

When we think about the future, most of us try to predict it by extrapolating from a wide range of assumptions that we make about today

But now the shift to a presidential system compels candidates to get 50 percent-plus-one of the national vote. This is where the ongoing climate of political polarization becomes a hindrance. While it helps to cement support within Erdogan’s more natural constituency, it creates a possibly non-bridgeable gap with the rest of the Turkish polity. That will be Erdogan’s dilemma in a second-round vote.

What Turkey’s elections mean

By: EBR | Thursday, June 21, 2018

The stakes are just so high: more centralization of political power, dealing with a polarized society, or even shifting Turkey’s direction to the West.

When researchers reassigned the pairs and now described the counterparties as cooperative negotiators, it led to mirror-opposite results. When negotiators believed their counterparty had a cooperative reputation, they shared meaningful, sensitive information that led to better deals when compared to pairs uninformed about their counterparty’s reputation.

Does a tough reputation pay off in negotiations?

By: EBR | Tuesday, June 19, 2018

How to build the type of reputation proven to lead to better deals

German Chancellor Angela Merkel has two weeks to reach a deal with her European counterparts about how to admit and register asylum seekers. Failing that, her job could well be on the line.

Merkel’s options, Europe’s future

By: EBR | Tuesday, June 19, 2018

Europe’s security, foreign, and defense policies will go nowhere without tackling the refugee and asylum crises

Individuals with a high sense of purpose, who can find new ways of achieving meaning, have the recipe for successful ageing. This comes with a key insight: The purpose of life is to live for others. Communing with the world, losing ourselves in what is not us, can create a great sense of satisfaction. Building on this, we find another concern of the greatest importance – the symbiotic relationship between personal wellbeing and the collective wellness of humanity and that of the planet.

Once you have it all, what’s next?

By: EBR | Tuesday, June 19, 2018

Where to look for answers to the existential questions many of us grapple with

Which different directions could these critical uncertainties take? What could be the implications for individuals, organizations, regions and the world? Exploring and discussing these alternative pathways will not only make us more prepared and resilient, it will offer opportunities to shape these developments towards the future we want.

The two big uncertainties shaping our future

By: EBR | Tuesday, June 19, 2018

When we think about the future, most of us try to predict it by extrapolating from a wide range of assumptions that we make about today

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