The last great defender of rules-based open commerce — the European Union — is about to fall. It happens in slow motion and the impact will be painful. If the world’s largest trading bloc abandons the concept of free trade, the entire global economy will suffer. But such an outcome looks increasingly likely, as the …
Europe First: Brussels is preparing to give up its ideals of free trade Read More »
Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …
Why Europe is quietly mad about the US climate bill Read More »
Press play to listen to this article Expressed by artificial intelligence. BERLIN – It’s cold in Europe, the economy is collapsing and the natives are restless. There is only one answer: Blame America. Pointing across the Atlantic has long been a favorite diversionary tactic of European political elites when things start to get dicey on …
