United States and Canada

How the US and Europe should rethink their economic relationship in the Biden years

By Elmar Hellendoorn

If the Biden administration chooses a conventional approach to trade policy, it will not only deprive itself of a powerful instrument to shape international relations but also put US interests and the Western liberal order at a disadvantage.

Sanctions against Turkey over Russian arms: Has the United States found a sweet spot?

By Daniel Fried

With its sanctions against Turkey's main defense-procurement entity, the United States may have found a sweet spot: sanctions strong enough to capture Turkish attention but not so sweeping as to shut down bilateral security and arms relations with a NATO ally.

To grow jobs, Washington must fight for US companies abroad

By Grant T. Harris

To expect US companies to match China’s resources and withstand its tactics without the full support of the US government is a farce. Washington needs a new approach—one that gives US companies a fair shot without adopting China’s style of state control or offering handouts to domestic companies.

Countering China’s crackdown on Hong Kong

By Anna Downs and Ash Jain

The implementation of the national security law has stifled the democratic movement in Hong Kong. This action sparked a series of democratic protests that China quickly attempted to dismantle—alarming observers worldwide. Can democracies mitigate the impact of the new national security laws on Hong Kong? Should Chine face penalties from the international community? Or will aligned democracies fail to defend other vulnerable democratic nations against Chinese malign influence?

Borghard in WIRED: Russia’s hack wasn’t cyberwar. That complicates US strategy

By Atlantic Council

Erica and co-author Jacquelyn Schneider discuss the SolarWinds hack and its implication in terms of U.S. cyber strategy, analysing the concepts of deterrence and defend forward. More about our expert

How the Federal Reserve just set the terms for the 2021 recovery

This year was perhaps the most ambitious in the history of the US Federal Reserve. To weather the financial effects of the pandemic, the Fed kept interest rates low and injected an unprecedented amount of funds into the economy.

Europe’s new legislative proposals mark a big ‘first move’ on tech-market power

By Eileen Kannengeiser and Jörn Fleck

On December 15, the European Commission unveiled its long-anticipated legislative proposals—the Digital Services Act and Digital Markets Act—in a move that may further deepen transatlantic divides over digital commerce.

FAST THINKING: The Fed caps its most important year ever

By Atlantic Council

The Fed increased QE to unprecedented levels to keep financial fallout from the pandemic at bay. That, combined with the Fed’s move to lower its benchmark interest rate to zero, made this the most important year in the history of US monetary policy.

The top ten risks and opportunities for 2021

By Mathew Burrows, Robert A. Manning

COVID-19, the kind of “grey swan” event that is predicted but never pinpointed in time, finally came calling in 2020. Drawing on years of foresight experience at the US National Intelligence Council, we are assessing the top 10 risks and opportunities in the new year, for the US in particular, but with global implications.