Japanese politicians are often driven to act by gaiatsu—the Japanese word for “external pressure”—and Prime Minister Yoshihide Suga got a welcome dose of it in Cornwall, England, last week when his fellow G-7 summiteers endorsed holding the Olympic Games in Tokyo next month. Read More Here
President Joe Biden spent his first trip overseas highlighting a sharp break from his disruptive predecessor, selling that the United States was once more a reliable ally with a steady hand at the wheel. European allies welcomed the pitch — and even a longtime foe acknowledged it. Read More Here
Uniting allies around an affirmative agenda is at the core of the Biden administration’s grand strategy of democratic solidarity. After four years of igniting dumpster fires with “America first” chest-thumping, U.S. diplomacy arose from the ashes. Truth beats fibs, hope topples fear, and Joe Biden knows the difference between an ally and a rival. Read More […]
The G7 is under compulsion to reinvent itself. The weekend summit marked the first step toward reframing the G7 as the fountainhead of the democratic world, enabling it to lead a coalition of the willing in a global campaign against China. However, there are signs of disunity among the G7 countries in regard to an […]
Leaders of the world’s largest economies unveiled an infrastructure plan Saturday for the developing world to compete with China’s global initiatives, but they were searching for a consensus on how to forcefully to call out Beijing over human rights abuses. Read More Here
The G7 agreement on taxation of global corporations still needs formal approval from a wider set of countries, and there remain many details to be worked out for it to be effective. Nonetheless, it would not be farfetched to describe the deal as historic. Read More Here
Iran’s foreign minister flew into the French resort hosting a G7 summit on Sunday, an unexpected twist to a meeting already troubled by differences between U.S. President Donald Trump and Western allies over a raft of issues, including Iran. Read Here – Reuters Also Read: The G-7 Gathers in Biarritz For A Dysfunctional Family Reunion […]
Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option. Read Here – […]
When leaders of the United States, Japan, Germany, France, Great Britain, Italy and Canada meet in the picturesque French seaside town of Biarritz, the official reason for their gathering will be the G-7 summit. But for many of them, the focus will be on bilateral meetings with a bombastic politician boasting a peculiar mop of […]
US President Donald Trump’s summits with North Korean leader Kim Jong-un in Singapore and Russian President Vladimir Putin in Helsinki are history, as is the G7 summit in Quebec and the NATO summit in Brussels. But already there is talk of another Trump-Putin summit in Washington, DC, sometime later this year. Some 30 years after […]
looking beyond borders 