This Is Not the Joe Biden Europe Was Hoping For
The AUKUS saga reflects a different set of strategic priorities in Washington from what many European leaders were expecting.
ECB Moves to Scale Back COVID-Era Bond Buying
Citing improved growth and rising inflation, the ECB moved to scale back its bond purchases. But don’t call it a taper.
ECB Sets New Inflation Target in Rare Strategy Overhaul
Either the target or the loose monetary policy had to go. In the end it was the target.
Backgrounder: EU COVID-19 Recovery Fund
The legacy of Next Generation EU and the joint issuance it envisions will likely outlive the immediate harms of the COVID-19 pandemic.
Global Forecast (6-7-2021)
Iran makes a naval foray into the Atlantic, the EU takes aim at multinational tax avoidance, and security in the Sahel continues to deteriorate.
Hungary: Authoritarianism by Another Name?
What Prime Minister Viktor Orbán terms ‘illiberal democracy’ is starting to look a lot like blatant authoritarianism.
Why is the EU Breaking Its Own Treatise by Attacking a Small Pacific Island for not ‘Playing Fair’?
The unequal matchup between a bureaucratic behemoth and Vanuatu reveals more about history and geopolitics than it does about financial irregularities.
Global Forecast (5-17-2021)
Inflation in focus in Europe, the junta government in Myanmar faces more armed resistance, and Israel unrest spreads to the West Bank.
UK-France Joint Action Key to European Relevance in the Indo-Pacific
Only through joint action can France and the UK leverage their full strategic weight in the South China Sea dispute.
Netherlands Votes amid COVID-19 Pandemic
Centrist parties are benefiting from COVID-19 tailwinds, but don’t read too much into the Dutch results.