The Almighty Dollar?
Global economic changes make it likely that the international monetary system will no longer be so dominated by the dollar. The question, though, is whether the euro or the yuan can take on the baton.
Global economic changes make it likely that the international monetary system will no longer be so dominated by the dollar. The question, though, is whether the euro or the yuan can take on the baton.
While there is little appetite on either side of the Atlantic for a revival of TTIP, both the EU and the US should work toward smaller agreements to enhance transatlantic trade cooperation in the long-term.
The best way to strengthen the transatlantic partnership is to address immediate challenges in ways that also position both sides to cope with, and even thrive in, a dawning “Age of Disruption.”
The transatlantic partners need to lock in gains now before the next election cycle in the US and in Europe may create a less favorable environment for cooperation.
Europeans have to make an extra effort to maintain the transatlantic relationship. Some suggestions for what they should and should not do.
Transatlantic relations are close but could be closer, says Ben Rhodes, former foreign policy advisor to President Obama. What’s missing is greater alignment on China policy. And there’s also the danger of the US turning into an autocracy.
The Russian invasion of Ukraine has made some of the traditional transatlantic security discussions obsolete. It could lead to a new order for security cooperation between the United States and Europe.
While the US and China battle for technological supremacy, the European Commission has been misunderstanding the nature of the struggle. Intervening in supply chains is the wrong approach.
While the center of economic gravity has already moved to Asia, Vladimir Putin’s war against Ukraine has reaffirmed Europe’s role as the center stage of international affairs.
French President Emmanuel Macron is seeking to provide fresh impetus to the Franco-German partnership. Yet to avail of the opportunities ahead the duo needs to also open up to others in Europe.
Poland’s actions following the outbreak of war in Ukraine—its break with Hungary, its openness toward the refugees—do not necessarily signal a shift back to liberal democratic values. The national populist government’s focus is Ukraine’s and, invariably, Poland’s right to self-determination.
Spain is experiencing a "watershed moment" of its own, with the public at times even favoring NATO’s intervention should Vladimir Putin not stop Russia’s offensive in Ukraine. There is also strong support for a geopolitical EU. To achieve it, widening and deepening must go together.