European Union (EU)

Germany Enters the Post-Merkel Era

cc Heinrich-Böll-Stiftung, Flickr, modified, https://www.flickr.com/photos/44112235@N04/14271189360

The SDP-Greens-FDP coalition has laid out a policy framework that envisions significant changes in Germany’s domestic and foreign policies.

Britain Stages a Comeback in the Indian Ocean

HMS Queen Elizabeth (R 08) conducts a replenishment-at-sea in the South China Sea., cc Official U.S. Navy Page, modified, https://flickr.com/photos/usnavy/51351941357/in/photolist-2meN86g-2kWqQvc-A2yrhM-2kLCiUC-2gXABPz-2knkiXE-yZZH7w-2kLSQET-A1ppmJ-2kLMdnt-2kZoUcW-fqWPet-2joWfAY-2jY94a9-2kyv9fK-2kLC2Qc-2jQ7GHM-2kLQX9n-2kLCkQg-2k8MD8h-2m58p49-2kZwsvm-2m1rTkX-2jXHm7A-KdwCuo-BMtMEj-qTo81J-2j5AXZ1-2kJZR6X-2j5CvQj-zUJoRh-7MUVQT-2j5Cwhb-2j5EoVD-2kMFAZS-4GT7WC-4GNXRi-XhGmaz-2iBMrrE-2hwQE1Q-2iFqrVo-nYd9Zc-2jj5xdD-Mu5wJx-2kZoUe4-HEBLde-2iBP2Xq-2gjaUFz-2hnxwzi-2kLRpfG

The Indo-Pacific features prominently in ‘Global Britain,’ but diplomatic and fiscal realities could get in the way.

SNAPSHOT: No Relief for Natural Gas Prices in Europe

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Natural gas prices have skyrocketed in Europe since July, and they continue to defy gravity heading into the winter.

This Is Not the Joe Biden Europe Was Hoping For

cc madison.beer, flickr, public domain, https://flickr.com/photos/192921173@N03/51241878073/in/photolist-2m5524v-2m59oas-2m5bYFZ-2m59oJo-2m53Ytk-2m5homt-2m5kpfv-2m5j5JD-2m56tPw-2m58iUC-2m5fTxY-2m5ho3c-2m53Zce-2m4ZkPR-2m5hnZ1-2m59oeF-2m56tWR-2m551Am-2m551So-2m58jcS-2m5fxGr-2m4Zkgg-2m4ZknU-2m57UWf-2m59nXt-2m5hmoZ-2m59o2M-2m56tSh-2m57UKd-2m53ZeP-2m5kABJ-2m5uhh4-2m5daz6-2m53YEn-2m4ZkRp-2m5bayj-2m4ZkQs-2m5fyLA-2m57Us4-2m5e469-2m54FEq-2m59oh6-2m4ZkZW-2m53ZkL-2m53YBg-2m57UZS-2m5htda-2m5mWJv-2m5e4be-2m5527r

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

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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

cc Flickr Valsts kanceleja/ State Cha, modified, https://creativecommons.org/licenses/by-sa/2.0/

Either the target or the loose monetary policy had to go. In the end it was the target.

Backgrounder: EU COVID-19 Recovery Fund

cc Flickr European Parliament, modified, https://flickr.com/photos/european_parliament/48298975382/in/photolist-2gA1SES-2gGsY7K-2gGCubF-2gGtCLV-2gGsYmn-2gGCu9r-2gGCuaP-2gGCumk-2gGCuhH-2gGsY7e-2gGtCHD-2gGsY8w-2gGsY8M-2gGsY8g-2gGsYkf-2gGsYcE-2gGsYhp-2gGtCSg-2ino4Nd-Yh4vht-2isikxv-2hRzY6y-6i29mG-2gA1SvP-27Yr9YW-ohNciT-2hs5NSD-2gA1hYs-2gA1SN7-2gA1hUV-2gA1hVS-2gA1hQw-2gA1i5V-2gA1SL8-2gA1i7y-2ii4avr-2gAbR83-2jHd79c-26XipYY-XTwR3U-nTmYnZ-2ii1Lgr-nRzuZa-2ii1Lk9-2ii4auj-2ii1Lkj-2ii1KZz-uK6M3b-2jHciPY-2i1EMzN

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)

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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?

cc Flickr European People's Party, modified, https://flickr.com/photos/eppofficial/9298445259/in/photolist-faEXPH-faEY42-faVduG-faEYfe-faF1yV-faEXBe-faVdC1-e4yaqA-8ac54a-98ybLd-8afkWY-8afgAb-8afm69-ahv9ht-4Vvxh2-KsFtc-AHmLRC-ArWtHL-AGg8X7-zMvyew-A8Uhm8-AJxBWZ-A8UvUF-A6zWM5-AKxFKv-AKx9on-AJxJQP-AGeNij-AGfMiG-ArWku1-ArWJoY-A6yRnt-zMvKof-A8TsPK-AHmR3J-A8TjoB-A6z1Bb-AKxc4c-zMvXkG-A6zUQ9-A6ztHe-AKwPNr-AGfjgA-AHmPfW-AKxnJk-zMDHEP-zMDLP4-AHkWDA-ArWqQb-A6zmUf

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’?

cc gérard, modified, Flickrhttps://flickr.com/photos/35803445@N07/25991131648/in/photolist-FAKkVs-22L9VGm-23Hr3Tm-22ng8e6-BWayBr-ESc8oQ-22DWM9Q-22La31y-23QXD6g-23DuUGX-BNjoGa-fUBeg1-23Ffnkp-23Lw83W-fUBdqv-fPpNNy-NKT7k1-6xHGz5-6vPT95-NzhcmU-2jr5BnU-Pg9nR3-2xFL34-zB38f-PjHdDW-4ESr3v-4F6Uf3-zB5eS-253FCm-tkkkr-KL14m5-2xavkr-253FBs-fP8s9i-Q3fjKB-Q2vvdB-fPpUqE-fUB1qj-7GRhfL-6A72PS-BMxyh5-rD6GDQ-B1xsNF-qJALZF-7oCGRJ-BL4LnP-Lb44of-JSrbeF-LyvYwb-23CrTXU

The unequal matchup between a bureaucratic behemoth and Vanuatu reveals more about history and geopolitics than it does about financial irregularities.

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