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Beware of trying to “make China pay” for COVID-19

“It Would Be Great to “Make China Pay” for COVID-19, But the Price Could Be High” By Doug Bandow, courtesy of the Cato Institute   Many of us hoped that economic liberalization in China would encourage political reform. The country did change dramatically: Maoism was tossed into history’s trash bin, while personal autonomy and economic […]

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Ending the Jones Act Would Give China More Leverage

    By Ernest Istook, Former U.S. Rep (R, OK-5)     China aggressively aims to dominate world trade by dominating how goods are shipped around the globe as well as by making other countries dependent on its goods. Because 90% of world trade goes by ship, it seeks to command maritime trade by building […]

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Will this Black Swan make us stronger?

“The corona shock: the virus, an almost black swan and a changed world” By Prof. Dr. Henning Vöpel, courtesy of HWWI     The ultimate system shock   For a globalized and permissive society it is the ultimate, the greatest conceivable state of emergency: from one hundred to zero, from unlimited freedom of movement to […]

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Goerlach: Turkey-EU Strife and the Rise of Refugee Power Politics

    By Dr. Alexander Goerlach, Senior Fellow, Carnegie Council for Ethics in International Affairs   The strife on the Turkish-Greek border is escalating, with refugees being targeted by tear gas on the Greek side. The intent is to stop the refugees from illegally crossing the border to Europe. Images of such scenes – with […]

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Oil War Aims At U.S. Fracking

    By Daniel McGroarty, TES GeoPolicy Editor APRIL 14, 2020 UPDATE:  In one of the few non-COVID news stories still commanding attention, global economy watchers are focused on an Easter agreement brokered by Saudi Arabia that aims at global oil production cuts of at least 10%. The catch:  the cuts won’t come immediately, but in May. […]

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Coronavirus, Butter and Oil: As We Brace for Pandemic, We Also Need to Inoculate Ourselves Against Group-Think

  Daniel McGroarty, TES GeoPolicy Editor   As the world wakes each morning to new numbers mapping the Coronavirus’ spread, along comes a piece by Andrew Butter provocatively titled, “What China Knows About the Coronavirus that Oil Traders Don’t Know.”  Read it in full at SeekingAlpha.   Butter watches global oil markets, and he’s noticed […]

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Post-Brexit, Imperiled Transatlantic Relationship More Important Than Ever

  By Dr. Alexander Görlach, Senior Fellow, Carnegie Council for Ethics in International Affairs   The UK’s impending departure from the European Union on January 31 creates at least one certainty.  Following the Tories’ resounding victory in the December parliamentary elections, any further talk of a second referendum is empty rhetoric; the idea was rejected […]

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The Sake-Scotch Pact: New EU-Japan alliance forming

  “A Surprising New Alliance: Europe and Japan” Courtesy of CEPS   Almost surreptitiously, Europe and Japan are discovering they have a great deal in common, joining up to defend free trade, democracy and the rule of law.   For decades, low-grade commercial friction and political indifference marked the relationship. Japan’s powerful car industry frightened […]

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Suleimani hit will drag U.S. deeper into Middle East morass

  “Trump’s Dangerous Escalation with Iran” By Christopher A. Preble, courtesy of the Cato Institute   President Trump’s decision to order the killing of Iranian General Qassim Suleimani threatens to draw the United States even more deeply into a region that has already claimed too much American blood and treasure.   The international reaction was swift. Futures on […]

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U.S.-China compromise is (mostly) good news

  “A Few Things to Like About the U.S.-China Trade Deal” By Daniel J. Ikenson, courtesy of Cato Institute   More clarity and more questions emerged over the weekend about the terms of the U.S.-China trade deal, which warrants an update to this preliminary assessment published on Friday.   The deal is pretty good for what is […]