Showing results for "2 march"

Truss team takes gamble with emergency budget

  • New UK Chancellor Kwasi Kwarteng delivers on Friday the first major fiscal event of the new government, with Prime Minister Liz Truss’s team in a risk-taking mood. In his emergency budget, Kwarteng will start delivering on Truss’s pledge to bring an end to what she calls a failed UK consensus...
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Europe emerges as an anchor for a potential nuclear deal with Iran

  • The two key parties in any new nuclear deal with Iran would be Washington and Tehran. Yet to the surprise of some, it is Europe that has emerged as the lynchpin of any agreement that might be concluded. Josep Borrell, the EU’s foreign affairs chief, announced the “final” text of a deal this mo...
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Six months into Ukraine war, how much longer can European unity hold?

  • Since Russia invaded Ukraine, one of the genuine geopolitical surprises to many has been the stronger than expected unity the West has shown against Moscow. Seven economics sanctions packages have been announced by the EU alone. Yet, as Wednesday marked the six-month anniversary of the start ...
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Why Europe is facing its most difficult winter since Second World War

  • The winter of 2020, during the peak of the pandemic, was a terrible time for Europe, which faced its worst health emergency in decades. Yet, the end of 2022 could be an even more troubled period, with the prospect of an energy emergency and a possible resurgence in the coronavirus crisis. Wit...
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Why Europe is engaging emerging powers in Africa and Asia-Pacific

  • The unity of Western powers since Russia’s invasion of Ukraine has surprised many. However, that resolve has been undercut by a broader international nonalignment on this issue, led by emerging markets from India to Brazil. With the Ukraine conflict now into a third month, Europe has belatedl...
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Why Sunday’s French election matters to the world

  • It is not just the French populace that is holding its breath as the final round of presidential election on Sunday sees incumbent Emmanuel Macron face off against far-right Marine Le Pen. For much of the world is watching too. At stake is the future direction of the eurozone’s second-largest ...
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Ukraine represents a watershed moment for global corporations

  • The crisis in Ukraine is primarily a human tragedy. One of the most striking illustrations of this is the approximately 3.5 million refugees it is estimated have already been forced to flee the country, which is about 10 percent of the population. Geopolitically, the situation is fast becoming...
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Why democracy is in retreat across the globe

  • The collapse of the Soviet Union was widely predicted to herald a new generation of democratic enlargement across the world. Yet, three decades on, there are growing signs that much of the world is moving toward authoritarian or nondemocratic political models. Take the example of the latest an...
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Phnom Penh summit highlights Europe’s growing focus on Asia

  • While many headlines have been made in 2021 by the intensified US focus on Asia under President Joe Biden, the growing attention that Europe is devoting to the world’s fastest-growing economic region is often overlooked. The latest signal of European intent toward Asia comes with the Asia-Eur...
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Europe at a turning point

  • While much on the agenda this week in Brussels for the summit of Europe’s 27 government leaders will be familiar, there is a historic power shift underway that could bring about significant change in 2022.    The summit will probably be the last for outgoing German Chancellor Angela...
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