By Huk Gonzalez The European Political Strategy Centre, an EU government think tank, wants Europe to take over the battery market by out China’ing China using failed American schemes. Good luck to all involved! Bemoaning the fact that Europe only accounts for 3% of the global battery cell manufacturing market, […]
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Mais NON: Macron Goes It Alone For Europe
France is a place that embraces paradox and revels in contradictoriness, and its president is no exception to this rule of exceptions to rules. Consider Emmanuel Macron’s stance on trade negotiations with the U.S.: he is prepared to fly solo, casting the lone dissenting vote against opening negotiations, all in order (he says) to […]
Should Taxes Be Lower? French and New Yorkers Think So
Two famously high-tax locales would like this particular claim to fame to go away – and don’t worry, they both have plenty of better claims to fame anyway. A new survey shows that a majority of French voters would like their sky-high taxes to come down, while economic data suggests that rich New Yorkers […]
BAD PASSENGERS: UK, Sweden Take Aim At Air Travel Mobility
For many years increased mobility was touted as one of the benefits of economic development as well as one of its main drivers, reflecting a virtuous cycle connecting the movement of labor and goods with rising prosperity. Now, however, mobility is viewed as anything but virtuous due to all-important environmental concerns. As in all […]
Brexit bad for Euro economies, except when it’s good, maybe
The course of true love never did run smooth, the bard tells us, and messy divorces are, like, way way worse. On that note it seems nobody can quite decide whether Brexit will have any benefits for continental European economies or just be plain bad. On the potentially positive side of the ledger book, […]
“Failing” Universities “Waiting To Be Disrupted”
By Erik Sass TES Editor It was surprising to hear this critique delivered by professors in a university lecture hall to attentive undergraduates, to say the least. Universities are failing systemically and poised to undergo the kind of massive disruption through digital technology that has already upended first print and then broadcast media, […]
Putin: U.S. Sanctions Won’t Stop Russia’s Arctic Development
by Daniel McGroarty TES GeoPolicy Editor Tired of reading? Here’s a short video clip of Vladimir Putin, not much longer than a pop song, with a strong riff on Russia’s plans for developing the Arctic’s resources – despite the threat of U.S. economic sanctions. Putin’s definitely a Classic Rock kind of guy, telling his respectful […]
In The Middle Of It: U.S. Scrutinizes Pharma Benefits Managers
In case anyone was wondering, it’s never good to be identified as a “middleman.” That’s the label being applied to pharmacy benefits managers who are being blamed for jacking up pharmaceutical prices through opaque agreements with pharmaceutical manufacturers and insurers, which allow the PBMs to negotiate substantial discounts without passing the savings along to […]
Trump Picking ANOTHER Trade Fight (But This Time Is He Right?)
A stopped clock is still right twice a day, the saying goes, and similarly U.S. President Donald Trump may actually be on solid ground in a new trade dispute with close American allies – although as usual his own statements and approach are doing nothing to bolster the case or persuade skeptics. Trump has […]
BAD PANDA: China Faces Pushback On Belt & Road
Beware vast Chinese state-owned enterprises bearing the gift of debt. That’s the new rule smaller countries along the route of China’s world-spanning “Belt and Road” initiative are finally learning, as the examples of Pakistan and other early participants show that one of the main “benefits” of the initiative is a mountain of debt owed […]