South African President Cyril Ramaphosa’s political future hangs in the balance after an independent panel found evidence that he had violated the country’s constitution and breached the country’s anti-corruption laws in an incident involving large sums of cash stolen from one of his properties two years ago.
Tensions over the war in Ukraine have relaxed since the U.S. midterm congressional elections but could ramp up again if Europe continues to fall behind the U.S. when it comes to providing financial and military support for Kyiv. Europe cannot afford a rift on this issue while Ukraine’s–and its own—security is on the line.
Advocates of cryptocurrencies have long argued that the new technology behind them would break the government monopoly on currency regulation. The collapse of the FTX exchange illustrates why this sort of “disruption” is unlikely in the realm of currency control, which has historically been and will remain the domain of governments.
French President Emmanuel Macron is in Washington this week for an official state visit to the United States. While the visit comes at a pivotal moment in the bilateral relationship, many European observers are paying attention to the areas of divergence over issues related to trade and Western unity as the war in Ukraine drags on.
After an inauspicious start, 2022 has been a year of low-key but surprisingly successful muddling through for multilateralism. While the war in Ukraine had the potential to throw international institutions into disarray, overall these institutions weathered the storm in better shape than seemed imaginable shortly after the invasion.
Back in 2020, the West’s initial difficulties in responding effectively to the coronavirus pandemic looked like a propaganda godsend for Beijing. Now, with China’s COVID-19 response triggering the biggest protests the country has seen in decades, it looks like the regime’s effort to capitalize on the pandemic has backfired spectacularly.
This week, U.K. Prime Minister Rishi Sunak gave a speech that some commentators took as evidence that Sunak intends to soften London’s stance toward China. In reality, domestic politics and international events are unlikely to permit major changes to one of the most controversial aspects of British foreign policy.