How to Handle an Oil Shock
By Carmen M. Reinhart CAMBRIDGE – The global oil market is a volatile place. But, abstracting from high-frequency fluctuations, average an
A Turkish Thorn in the EU’s Side
[:en] By Javier Solana MADRID – While the European Union tries to weather a nationalist storm that threatens its core institutions, some of
Defending Liberal Democracy in Poland
By Guy Verhofstadt BRUSSELS – Since coming to power in 2015, Poland’s populist Law and Justice (PiS) party has launched a systemic assault on the
Another Strange French Disaster
By Bernard-Henri Lévy PARIS – The “hunger games” aspect of this French election cycle began on the left. President François Hollande was b
A Normative Approach to Preventing Cyberwarfare
By Joseph S. Nye, Jr. CAMBRIDGE – A series of episodes in recent years – including Russia’s cyber interventions to skew the United States’
Donald Tusk’s Domestic Stalker
By Sławomir Sierakowski WARSAW – European Union leaders are set to announce their choice for President of the European Council at a summit
Addicted to Dollars
[:en]By Carmen Reinhart FRANKFURT – Since the end of World War II, the United States’ share in world GDP has fallen from nearly 30% to about 18%.
What Liberal World Order?
By Mark Leonard LONDON – After the annus horribilis that was 2016, most political observers believe that the liberal world order is in ser
Realism About Trumpism
By Joschka Fischer BERLIN – Little more than a month after US President Donald Trump’s inauguration, it has become clear that nothing good
How Europe Should Deal With Trump
By Wolfgang Ischinger MUNICH – Donald Trump’s presidency poses a stress test for Europe, for transatlantic relations, and for the world as
Mutual Assured Deterrence
[:en] By Sergei Karaganov MOSCOW – The degradation of governance within the international system is a hot topic nowadays – and for good rea
Donald Trump’s Dark Art of the Tweet
By Joseph S. Nye, Jr. CAMBRIDGE – President Donald Trump’s critics have consistently underestimated his political communication skills, pe
Harnessing the Politics of Disruption
By Mark Leonard LONDON – The United Kingdom’s vote to exit the European Union and Donald Trump’s election as US president exposed a deep g
Is the Deflation Cycle Over?
By Carmen M. Reinhart CAMBRIDGE – Until the global financial crisis of 2008-2009, deflation had all but disappeared as a concern for policymakers
Trump, Iran, and Stability in the Middle East
[:da]By Javier Solana MADRID – It is unfortunate that so few international agreements have been reached in recent years. During a period when gre
“Zombie” Apocalypse in the West?
[:en]By Hugo Drochon CAMBRIDGE – François Fillon, a discreet and loyal former prime minister under former President Nicolas Sarkozy, is now the r
The Kindleberger Trap
[:en]By Joseph S. Nye, Jr. CAMBRIDGE – As US President-elect Donald Trump prepares his administration’s policy toward China, he should be wary of
The Year That Ended an Epoch?
By Javier Solana MADRID – As 2016 comes to an end, the outlook for 2017 is shrouded in uncertainty. Tensions in the Middle East are rising, and p
The Coming Brexit Tragedy
By Mark Leonard LONDON – This past year changed everything, except how governments think. Nowhere is that more apparent than in the pre-negotiati
Italy on the Brink
[:en]By Philippe Legrain LONDON – Political instability in Italy is nothing new. But Italian voters’ rejection of constitutional reforms in a ref
