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New Atlanticist

Jul 28, 2020

Singapore’s prime minister has a message for the US: Don’t choose China confrontation or Asia withdrawal

By David A. Wemer

Lee Hsien Loong, the prime minister of Singapore, worries that Washington’s increasingly tense relationship with Beijing and domestic pressures to reduce its commitments abroad will force US policymakers to choose either a path of “colliding with China” or “deciding that you have no stake in the region and leave us to our own defenses.”

China Coronavirus

New Atlanticist

Jul 28, 2020

As central banks implement coronavirus rescue plans, has moral hazard been forgotten?

By Hung Tran

With financial markets beginning to astoundingly recover, despite continued economic pain and an uncertain pandemic picture, the fear of moral hazard seems to have been forgotten.

Coronavirus Financial Regulation

New Atlanticist

Jul 27, 2020

What happened to transatlantic cooperation on WTO reform?

By Marie Kasperek

Contrary to the transatlantic aspirations on WTO reform in the summer of 2018, there is now less cooperation, more setbacks, and a bleak outlook for at least the rest of 2020.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Perfect competition: Getting a US-EU trade deal was never going to be easy

By Julia Friedlander

US Trade Representative Robert Lighthizer recently criticized the EU for negotiating seventy-seven individual trade agreements globally. What was more striking in this comment was not the criticism of Brussels, but what that number revealed about the transatlantic dilemma. Europe can take home ancillary prizes but the golden goose—an agreement with the United States—remains out of reach.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Two years after Rose Garden deal, Europe prefers to wait it out

By Bart Oosterveld

Two years after the Juncker-Trump summit, a realistic scenario for transatlantic trade discussions in the next few years is progress on minor aspects. Think of lullaby topics like closer alignment of insurance regulation. With such political uncertainty, policymakers on both sides of the Atlantic will hope for agreements that the press tunes out quickly and make sure that farmers do not block the access roads to Paris.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Europe and the US should remember their Rose Garden intellectual property pledge

By Marc L. Busch

While progress on protecting intellectual property since the summit has been disappointing, it still provides a compelling opportunity for the United States and Europe to join forces to protect this key economic freedom.

European Union Eurozone

New Atlanticist

Jul 27, 2020

The curious case of the US Treasury and Gaz Group

By Brian O’Toole

The US Treasury Department’s Office of Foreign Assets Control (OFAC) very quietly issued two extensions of general licenses on July 22 related to Vladimir Putin-tied oligarch Oleg Deripaska’s Gaz Group that, while apparently going unnoticed, constitute a significant change in the sanctions on Gaz, which can now seemingly operate according to something like business as usual.

Economic Sanctions Russia

New Atlanticist

Jul 24, 2020

Will NATO still be relevant in the future?

By Larry Luxner

“Having allies and institutions like NATO gives us an extraordinary advantage over Russia, China, and other adversaries,” Alexander Vershbow said

China NATO

New Atlanticist

Jul 22, 2020

EU deal is a win-win for all sides

By Antonio de Lecea

The €1.8 trillion agreement was the subject of intense debate over several days, but in the end European leaders reached a compromise that is a win-win for all sides and will strengthen the EU’s economy and political stability during turbulent times.

Coronavirus European Union

New Atlanticist

Jul 22, 2020

As Arctic warms up, US Air Force launches Department’s first strategy for confronting threats

By Larry Luxner

Driven by rising temperatures and melting ice, the vast Arctic region is changing—and so are the military priorities of the United States and its two biggest adversaries: Russia and China.

China Defense Policy