Energy Archive

Late in September, when stock markets around the world went into spasms of anxiety following news that Chinese real estate giant Evergrande might go bankrupt, the shockwaves reached all the way to Latin America, about as far from the Chinese mainland as one can get. In fact, South American markets dropped even more than those in the United States, even though Evergrande has had little, if any, contact with the region. That’s because Latin American economies are not just deeply entwined with China, but are increasingly dependent on its growth to sustain their own. The drama of Evergrande, with its […]

Belgian Prime Minister Alexander De Croo announced yesterday that theaters and cinemas in the country will close, while stopping short of imposing a  full lockdown, as is now the case in neighboring Netherlands.  Last week’s announcement of the full lockdown by Dutch Prime Minister Mark Rutte, just days after he clinched a deal to form a new government, came as a surprise to observers, given that the country generally adopted a more relaxed response in the early phases of the pandemic than its neighbors. Now it is the only country in Europe so far to have locked down in response to concerns over […]

When I first joined the WPR editorial team and took over Africa Watch, I wrote an inaugural edition introducing myself and my guiding principles, as well as the trends, topics and developments you could expect to see me cover in the newsletter as well as in my other writings for WPR.  It’s now been six months since I began writing these newsletters, an experience that has been as remarkable as it has been exciting. And while the newsletter’s format has since evolved, I would like to believe that the orientation I set out in that edition has largely remained intact.  During […]

Olaf Scholz of the center-left Social Democratic Party, or SPD, was sworn in yesterday as Germany’s ninth chancellor, ending the 16-year tenure of Angela Merkel and her center-right Christian Democratic Union, or CDU. But while in other countries a swing from the right to the left might herald significant change politically, this is unlikely to be the case in Germany, which is known for its preference for pragmatic, consensus-oriented political leadership. A key point to note is that Scholz was a member of the previous government, serving as vice chancellor and finance minister in Merkel’s fourth and final Cabinet, as […]

A few days before last week’s Forum on China-Africa Cooperation in Dakar, Senegal, the Ugandan newspaper Daily Monitor published a story claiming that China was on the verge of taking over Uganda’s Entebbe Airport, the country’s main international airport, due to an inability to service a $200 million loan from China incurred in expanding the airport. Almost immediately, the story went viral on Twitter and other social media. On Facebook, several posts making the same claim as the original Daily Monitor story, including many with a digitally altered AFP photo giving the impression that the airport had already been seized […]

After five years and a nearly 20-month border shutdown, the heads of government of Mexico, Canada and the United States gave a sense of restored normalcy to trilateral relations last month, when they joined up in Washington for the first summit of its kind since a 2016 gathering—featuring a famously awkward handshake—in Ottawa. Then again, by the time Mexican President Andres Manuel Lopez Obrador, or AMLO, met with U.S. President Joe Biden in the Oval Office on the sidelines of what has been dubbed the Three Amigos Summit, they were already capping off a period filled with renewed, high-level bilateral […]

The 2015 Paris Agreement on climate change contains a curious omission: The phrase “fossil fuels,” which appears nowhere in the nearly 7,200-word document. Nor do the terms “coal,” “oil” or “natural gas,” despite these resources being responsible for most greenhouse gas emissions. That lacuna was no accident. It reflects the decision by national governments, reinforced by industry lobbyists, to focus emissions reduction efforts on reducing the demand for fossil fuels, rather than limiting fossil fuel supply by discouraging or even prohibiting their extraction in the first place.  In other words, as climate activist Tzeporah Berman points out in a powerful […]