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The German public is very pleased with the way Chancellor Merkel has managed the eurozone crisis. Yet no amount of tactical skill on her part will make the crisis go away.
China’s economy does not need to grow at 7.5 percent a year. What matters is that Chinese households continue to improve their lives at the rate to which they are accustomed.
A recent adaptation of Wagner’s Ring cycle makes a provocative analogy with American oil, but misses the importance of the shale gas revolution sweeping the United States.
Every week leading experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
During the last sixty years, Europe has adopted some awkward bad habits. It needs to find some new ones fast, or the next decades will be a period of turmoil and decline.
Europe’s dream of constructing its own gas pipeline from Azerbaijan to Austria is no more. That raises important questions about the EU’s energy strategy and the role of Russia.
Every week leading experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
If China is to rebalance its economy, the policies that subsidized Chinese exports must be reversed. As this happens, manufacturing in the rest of the world will surge.
France’s economic woes will seriously affect Europe’s ability to conduct military missions. Europeans should face up to that new reality.
As Merkel defends austerity and the opposition pledges higher taxes and spending, Germany’s next election will have a huge impact on the future of Europe and the euro.
Every week leading experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
Europe’s woes go much deeper than the present crisis. The problem is that both elites and electorates have lost the will to strive for a better life.
German Chancellor Angela Merkel should use the emergence of an anti-euro party as an opportunity to explain why Germans shouldn’t abandon their European path.
Brazil, Russia, India, China, and South Africa are setting up a development bank. That is good news, as it increases their stake in a rules-based liberal world order.
Moscow has overcome its shock over the Cypriot bailout, even finding the deal useful domestically. But the crisis has profoundly changed Russian attitudes toward Europe.
Beijing is facing a financial dilemma: it must reduce investment and slow the growth of debt, but if it does so it will face stiff opposition from vested interests.
A new EU bailout deal for Cyprus has been agreed. But with Russian depositors footing the bill, the result may be a worsening of relations between Berlin and Moscow.
The decision to endorse a bailout deal that included a levy on bank deposits was legally dubious, morally unjustifiable, managerially inept, and economically foolish.
By embracing the proposed Transatlantic Trade and Investment Partnership, political leaders can send a strong message of support for open markets and liberal capitalism.
Despite the constraints on its influence, Poland is fast becoming an important player in Europe, and one of the few countries with a strategic view of the EU’s future.
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