1653 Items

 Working session at the G7 Summit | June 8, 2018

The White House

Analysis & Opinions - Los Angeles Times

Trump Calls For Russia's G-7 Reinstatement, Adding To Deep Tensions With Allies At Summit

| June 08, 2018

Escalating his confrontation with American allies, President Trump came to the summit of the Group of 7 major economic powers in Canada on Friday with a stunning proposal: that Russia be reinstated into their ranks, four years after its expulsion for its global transgressions.

A homeless stands at the Duomo square, in Milan, Italy on Wednesday, Oct. 10, 2012. Italy’s per capita GDP in 2018 is about 8% below its level in 2007, the year before the global financial crisis triggered the Great Recession. (Luca Bruno/AP Photo)

Luca Bruno/AP Photo

Analysis & Opinions - Project Syndicate

Italy's Long, Hot Summer

| May 31, 2018

Severe political uncertainty, chronic slow growth, and a sovereign-debt level currently hovering around 160% of GDP already is enough for Italy to trigger a debt crisis. And there is no plausible resolution that would not generate additional risks and complications.

Transformed Gas Markets Fuel US-Russian Rivalry, But Europe Plays Key Role Too

Max Avdeev/Flikr

Analysis & Opinions - Russia Matters

Transformed Gas Markets Fuel US-Russian Rivalry, But Europe Plays Key Role Too

| May 30, 2018

This month, the Wall Street Journal reported that U.S. President Donald Trump has been pressuring Germany to drop its support for a major new Russian gas pipeline if Europe wants to avoid a trade war with Washington, while a senior U.S. diplomat warned that the project could be hit with U.S. sanctions; Russian President Vladimir Putin responded defiantly. This development, sadly, fuels the further politicization of the European gas market—a space that, in many ways, has reflected the triumphs of a depoliticized, pro-market technocracy, which has managed to stimulate competition and lower prices irrespective of changing political trends. Just last year, Trump called on European countries to buy American liquefied natural gas, or LNG, which, for now, remains more expensive than Russia’s pipeline gas. Certainly, the U.S. has much to gain on the global gas market, which has changed drastically over the past decade, as America rapidly transformed from an importer to an exporter. Europe’s gas market, meanwhile, has much to gain from additional supply. But Trump’s approach, especially if the latest reports are true, both alienates Western European partners and feeds into a sensationalist, simplistic portrayal of the new U.S. role’s effect on Russia—as a zero-sum game, in which these new, plentiful U.S. gas supplies serve as an antidote to Russia's “gas dominance” in Europe and hence to Moscow's political leverage.

The flag of the European Union

Richard Revel

Analysis & Opinions - The National Interest

A Call for Realism in Europe

| May 27, 2018

Strategic thought in Europe is underdeveloped. Hard power and military force remain beyond the scope of many Europeans. That is a problem because the extent to which Europeans can understand the world determines the extent to which they can exert influence. The United States are in a relative decline and there is no guarantee that Washington will protect Europe against the rise of China, the threat from Russia, and/or the instability from the Middle East. Europe will have to stand upon its own feet and take responsibility for its own fate. Doing so not only requires significant investment in military resources, but also a renaissance of European realist thought.

President Donald Trump talks with German Chancellor Angela Merkel during the Women's Entrepreneurship Finance event at the G20 Summit, in Hamburg, Germany, July 8, 2017. (AP Photo/Evan Vucci)

AP Photo/Evan Vucci

Analysis & Opinions - South China Morning Post

How Angela Merkel’s ‘gift’ of Goodwill Could Boost Beijing-Berlin Trade Ties at Donald Trump’s Expense

| May 27, 2018

Over the past year, Berlin has toughened its stance on China as German business and political elites’ concerns about Chinese economic practices, including in Germany itself, have intensified. But during Angela Merkel’s trip to Beijing this week – her eleventh as chancellor – she struck a more conciliatory tone.