U.S. Sen. Joe Manchin is not well-loved among Democrats in Washington these days, but for champions of a greener world economy, he is someone who needs to be understood. In fact, for anyone looking to forecast the outcomes of the upcoming United Nations Climate Change Conference in Glasgow, all you need to do is track Manchin’s moves and those of his political counterparts in the world’s top coal-producing democracies to understand the new politics of the green transition and energy nationalism. At the moment, Manchin, a Democrat who represents the coal-producing state of West Virginia, is the main obstacle to a grinding push by […]
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Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. GDP data released Monday by China’s National Bureau of Statistics confirmed that the country’s economic recovery from the impact of the coronavirus pandemic is losing steam. The Chinese economy grew by just 4.9 percent in the third quarter of 2021, compared with the same quarter last year. Although some […]
Four years ago, at a Track II dialogue between German and American diplomats and analysts, a German colleague of mine explained his firm belief that his country—and, by extension, Europe as a whole—could use geoeconomic tools to regulate and blunt Russia’s geopolitical ambitions. Europe’s need for natural gas, he said, was balanced by Russia’s need to sell. A European strategy of energy diversification would therefore give the West leverage over Moscow, which would not want to risk its access to European markets by making bold political plays. The plan was for European governments to encourage gas utilities to shift from […]
Editor’s Note: This is the web version of our subscriber-only weekly newsletter, Africa Watch, which includes a look at the week’s top stories and best reads from and about the African continent. Subscribe to receive it by email every Friday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. For the first time since the inaugural event in 1973, the Franco-Africa Summit—rebranded as the New Africa-France Summit, or as some referred to it on Twitter and other social media platforms, #AfricaFranceRemix—did not feature a single African head of state or government, or ministerial delegation. Instead, the […]
KAMPALA, Uganda—Cars and motorcycle taxis rocket over the uneven pavement, while church sermons blare from loudspeakers. Vendors hawk bananas, cakes and chapatti. Brightly colored shops sell stationery and advertise printing services. But amid all the mundane, quotidian commerce here on Nassar Road in Uganda’s capital city, it is widely rumored that traders can buy false certificates to disguise the provenance of gold that has been smuggled over the border from the Democratic Republic of Congo and South Sudan, both of which face international sanctions on their gold trade due to its role in funding their internal conflicts. The false certificates […]
While the Biden administration tries to navigate the domestic political obstacles to implementing the president’s so-called Build Back Better plan, it has quietly started laying the groundwork for a parallel program with major geopolitical implications. Just getting off the ground, Build Back Better World, or B3W, is a plan to improve global infrastructure, widely defined, with an eye to not only raise living standards but, just as importantly, to counter China’s growing influence. The idea was formally announced by the Group of Seven leaders during the G-7 summit last June. It aims to take on China’s high-profile Belt and Road Initiative, or […]
Editor’s Note: This is the web version of our subscriber-only weekly newsletter, Europe Decoder, which includes a look at the week’s top stories from and about Europe. Subscribe to receive it by email every Thursday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your inbox. As the weather gets colder in Europe, policymakers are this week turning their attention to an increasingly worrying situation affecting energy prices across the continent. There are fears of a “winter of discontent” due to astronomical heating costs, saddling citizens with huge bills amid the ongoing recovery from the economic effects of the […]
Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. Households and factories across 20 provinces in China are reeling from the worst power crunch in a decade. In Shenyang, the capital city of Liaoning province and one of the most severely affected areas, schools have turned off the lights and sent children outside to […]
In early September, Russian President Vladimir Putin appeared at the Eastern Economic Forum in Vladivostok, a port city on the Pacific coast, to issue a call to action. Russia, he said, needed a new generation of pioneers to revive the country’s eastern frontier. “The development of the Far Eastern region is of huge importance to Russia,” Putin said, urging the assembled businesspeople to invest in the region. No less than “the development of our country not [just] for decades, but for centuries to come” depended on it, he added. Nearly 30 years after the collapse of the Soviet Union, Russia’s […]