Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control?
The world suffered another ransomware nightmare Tuesday, with pharmaceutical companies, Chernobyl radiation detection systems, the Kiev metro, an airport and banks all affected. One U.S. hospital also appears to be a victim. Worse is expected, thanks to some pernicious features in the ransomware sample.
On June 23, 2016, citizens in the United Kingdom voted 52 to 48 percent to leave the European Union, sending shockwaves around the world and raising concerns about a new type of populism on both sides of the Atlantic. The common explanation of Brexit presents it as a revolt by the losers of globalization.
There is growing debate about a common European military policy and defence spending. Such moves would have major economic implications. We look at the supply side and summarise some key facts about the European defence sector: its size, structure, and ability to meet a possibly increased demand from EU member states.
If it is confirmed that Baghdadi has been killed in a Russian air strike, it would also be a major coup for Vladimir Putin
What must Angela Merkel be thinking? What must Xi Jinping be thinking? What must Vladimir Putin be thinking?
The migrant crisis in Europe has placed the issues of refugees and migration firmly on the global agenda, with estimates that over 1 million people entered Europe in 2015 as refugees or migrants. Fleeing war, generalized violence, or repressive governments, they mostly originate from Syria, Afghanistan, Iraq, Kosovo, Albania, and Pakistan.
SIPRI’s recently published data shows a decrease of 7.2% in Brazil’s military expenditure in 2016 compared to 2015. The reasons behind this cut are quite complicated, since the country is embroiled in a mix of a political and economic crises. This blog post briefly discusses some of the features driving Brazil’s military spending downwards and how the current context may affect the future.
Some of the world’s largest oil companies and the country’s biggest auto maker are joining a group pushing the U.S. government to tax carbon in an effort to slow climate change.
Rivals gain ground with less aggressive EU stance
When President Trump made his first major decision on the war in Afghanistan, he did not announce it in a nationally televised address from the White House or a speech at West Point.
For decades, Israeli and Palestinian politicians have pursued a political solution to the Arab-Israeli conflict, only to see their hopes dashed again and again. Today, the prospects for a comprehensive peace agreement remain dim. Policymakers must therefore start looking for other ways to improve the situation on the ground and preserve the possibility of a two-state solution.
Knowing when to go in with cannons blazing and when to hold your fire is essential for all businesses, but especially for big miners. That makes Glencore’s gambit to poach Rio Tinto’s Australian coal assets from rival Chinese suitor Yancoal for $2.55 billion an interesting case.
The dramatic and sudden effort to isolate Qatar, like the fateful intervention before it in Yemen, sprang from the shared vision of two princes. Depending on your point of view, they may be the harbingers of a new and better Middle East—or reckless architects of disaster.
Oil demand should outpace supply in the second half of this year but excess inventories will persist well into 2018, dealing a blow to global crude producers enacting output cuts to bring down stubbornly high stockpiles.
Last month, Chinese President Xi Jinping presided over a heavily orchestrated “Belt and Road” forum in Beijing. The two-day event attracted 29 heads of state, including Russia’s Vladimir Putin, and 1,200 delegates from over 100 countries. Xi called China’s Belt and Road Initiative (BRI) the “project of the century.” The 65 countries involved comprise two-thirds of the world’s land mass and include some four and a half billion people.
Brexit supporters argue that the EU threatens sovereignty and stifles growth, while opponents counter that EU membership strengthens trade, investment, and the UK’s standing in the world.
Islamism and Salafism have become part of Europe’s Muslim landscape, affecting its hues and shape.
The little-known Arakan Army, one of the country's newest insurgent outfits, is responsible for rising violence in the country's remote western regions
And President Trump’s backhanded condolences and hypocrisy aren’t helping.
How spies, terrorists, and criminals could leverage gamified intelligence networks to wreak havoc in the 21st century.
Britain’s general election has ended with no party winning an outright majority, bringing the second so-called hung Parliament in the last three elections. Here are a few questions over what it means and its implications for the country.
ACROSS the cobbles of Vienna’s Michaelerplatz the world of empires, waltzes and mutton-chop whiskers glowers at the modern age of psychoanalysis, atonal music and clean shaves. In one corner, the monumental, neo-baroque entrance to the Hofburg palace, seat of the Habsburgs; in the other, the Looshaus, all straight lines and smooth façades, one of the first buildings in the international style. This outcrop of modernism, designed by Adolf Loos, was completed in 1911
Another terrorist attack in Europe brings more alarmed finger-pointing at Tunisia. Have we entirely misread the story of the small Mediterranean nation whose people’s bold protests for dignity and social justice sparked the Arab Spring six years ago? It is a deeply troubling puzzle. Here is a nation known by most in the West for its languid tourist beaches; but one which has also produced a group of individuals now linked to a string of terrorist attacks.
The European Commission’s recently released Clean Energy Package, has a 2030 target of 30% energy savings. An important policy instrument to deliver these are Energy Efficiency Obligation (EEO) schemes.