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New Atlanticist

Apr 22, 2020

Coronavirus spurs Europe’s quest for digital sovereignty

By Kenneth Propp

All of the virus-related developments—growing skepticism about global sourcing, the deepening threat of disinformation, the centrality of digital services in a return towards normality, and the privacy and security questions that dog them—will have an impact on the EU’s longer-term quest for digital sovereignty.

Digital Policy European Union

New Atlanticist

Apr 22, 2020

The pandemic’s next stop: The financial system

By Bart Oosterveld

The peak of bank failures closures during the Global Financial Crisis happened two years after the collapse of real estate prices—there is an argument that there may be some time before the financial sector’s reserves are depleted. The wider picture however shows gyrating equity and commodity markets, very high unemployment, and a fragmented ‘reopening’ picture. All in all, the moment of the need for a meaningful injection of capital, whether from private markets or from the taxpayers, is approaching.

Coronavirus International Financial Institutions

New Atlanticist

Apr 22, 2020

Digitizing the dollar in the age of COVID-19

By Michael Greenwald

As the COVID-19 crisis continues to cast a shadow over the future of the global economy, the dollar, while currently surging, finds itself at another larger inflection point; it needs to again prove its worth as the essential global currency.

China Coronavirus

New Atlanticist

Apr 21, 2020

The 5×5—On viral infections online and in the real world

By Simon Handler

Cybersecurity often gets reduced to breaches and hacking, but the world has witnessed multiple pandemics in cyberspace and could learn more about response to exponential events.

Coronavirus Cybersecurity

New Atlanticist

Apr 21, 2020

As US crude prices crumble, a difficult hand for the United States

By Reed Blakemore and John Soughan

As the market digests the final surge of oil from a Saudi-Russian price war prior to the implementation of production cuts on May 1, it may be that the tail end of a brutal supply glut has arrived and corresponding price stabilization—albeit at a very low price—will be soon to follow. But with oil demand projections reaching multi-decade lows, and US inventories continuing to build by record levels, the madness on April 20 suggests that US markets are far from out of the woods, putting policymakers and regulators in a tough position.

Energy Markets & Governance Oil and Gas

New Atlanticist

Apr 21, 2020

There is a better way to counter China in multilateral organizations: Lead with allies

By Gerard Araud and Benjamin Haddad

There are plenty of reasons to be underwhelmed with the WHO’s performance in tackling the COVID-19 pandemic. The administration’s response to halt funding, however, will have the opposite of the intended effect. Rather than beginning a long overdue debate on Chinese influence over multilateral institutions, it will reinforce the very reason why Chinese influence has grown in the WHO and other institutions: US disengagement.

China Coronavirus

New Atlanticist

Apr 20, 2020

COVID-19 spells out new era for energy markets

By Agnia Grigas

Global energy markets are experiencing historic upheavals most evident by the dramatic drop in oil prices and demand. Yet, there are deeper structural upheavals at play and ones driven by changes over the past decade.

Coronavirus Energy Markets & Governance

New Atlanticist

Apr 20, 2020

At long last, Israel to form a government

By Daniel J. Samet

Most Israelis want to avoid a fourth election. Most Israelis want to see an empowered government—not a caretaker regime—in place to deal with the coronavirus pandemic.

Elections Israel

New Atlanticist

Apr 20, 2020

Coronavirus will worsen India’s non-performing loan problem

By Ketki Bhagwati

The unwelcome arrival of the novel coronavirus (COVID-19) pandemic and the accompanying national lockdown is very likely to bring on a fresh wave of non-performing loans as banks resort to credit contraction to preserve capital for future losses.

Coronavirus Financial Regulation

New Atlanticist

Apr 20, 2020

What German reunification can teach Kosovo

By Artan Behrami

A reunified Germany has become an inspiration for the people of Kosovo who seek freedom and independence, even in the face of opponents in their region. But Kosovo’s leaders and the international community should heed several lessons from Germany’s example.

Politics & Diplomacy The Balkans