Europe’s decision to ban most Russian oil imports is based on a simple calculation: because the EU accounts for about half of Russia’s oil exports, an embargo would roughly halve Russia’s oil-export revenues. But the reality is more complicated. Read More Here
If he follows through on his plans to visit Riyadh, Biden will be making a bad deal: exchanging near-certain reputational damage for the mere possibility of modest triumphs. It is a visit that should never have been planned. Read More Here
Why does China neither endorse nor condemn Russian President Vladimir Putin’s war? The answer lies in what has become the first principle of Chinese foreign policy: distrust of the United States. Read More Here
The US dollar has long played an outsized role in global markets, but central banks aren’t holding the greenback in their reserves to the extent that they once did. Read More Here
The rare confluence of geopolitical, economic, and technological forces now confronting the world may reverberate for generations. Read More Here
From its stance on Russia to the tilt toward non-traditional security and public goods, India’s fingerprints on the Quad agenda are clear. Read More Here
U.S. Secretary of State Antony Blinken’s speech last week outlining the Joe Biden administration’s China strategy was eloquent, logical, and gave Biden’s oft-criticised China policy some much-needed coherence. But it was also a year late and neglected many major issues facing the two countries. Read More Here
World leaders are failing to prepare for a new era of complex and often unpredictable risks to peace as profound environmental and security crises converge and intensify, according to a major report by the Stockholm International Peace Research Institute (SIPRI). Read More Here
As Russian forces press their advantage in Ukraine’s east, the Western maximum-pressure campaign against the Kremlin faces its toughest test yet. Read More Here
Global carbon pricing revenue in 2021 increased by almost 60 percent from 2020 levels, to around $84 billion, providing an important source of funds to help support a sustainable economic recovery, finance broader fiscal reforms, or invest in communities as part of the low-carbon transition future, according to the World Bank’s annual “State and Trends […]
looking beyond borders 