The UK is starting to get real about Europe – POLITICO

Paul Taylor is a contributing editor at POLITICO. After six years of chaos and recrimination since Britons voted to leave the European Union, there are signs the country is showing an unexpected outbreak of common sense in its approach to the bloc. In his first weeks in office, Prime Minister Rishi Sunak — a Brexiteer … Read more

EU plans subsidy war chest as industry faces ‘existential’ threat from US – POLITICO

Press play to listen to this article Voiced by artificial intelligence. The EU is in emergency mode and is preparing a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO. Europe is facing a double hammer blow from the US If it wasn’t enough … Read more

EU plans subsidy war chest as industry faces ‘existential’ threat from US – POLITICO

Press play to listen to this article Voiced by artificial intelligence. The EU is in emergency mode and is preparing a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO. Europe is facing a double hammer blow from the US If it wasn’t enough … Read more

Germany and France join forces against Biden in subsidy battle – POLITICO

BERLIN/PARIS — Germany and France pushed Tuesday for tougher industrial policies such as more state subsidies for European businesses to counter the threat from US reforms that risk triggering a transatlantic trade war. The EU’s two leading economies put aside their bad blood of the past weeks to issue a joint statement vowing to “explore … Read more

EU diplomats see ‘London talking to London’ as Westminster debates Swiss-style pact with Brussels – POLITICO

British politics might be abuzz with talk of a “Swiss-style” relationship with the European Union — but the mood on the Continent is one of polite bemusement. UK Prime Minister Rishi Sunak was this week forced to push back at a report in the Sunday Times that “senior government figures” in his fledgling administration are … Read more

EU diplomats see ‘London talking to London’ as Westminster debates Swiss-style pact with Brussels – POLITICO

British politics might be abuzz with talk of a “Swiss-style” relationship with the European Union — but the mood on the Continent is one of polite bemusement. UK Prime Minister Rishi Sunak was this week forced to push back at a report in the Sunday Times that “senior government figures” in his fledgling administration are … Read more

Germany mulls breaking subsidy taboo to avoid trade war with Biden – POLITICO

Press play to listen to this article Voiced by artificial intelligence. BERLIN — With only six weeks to avoid a transatlantic trade showdown over green industries, the Germans are frustrated that Washington isn’t offering a peace deal and are increasingly considering a taboo-breaking response: European subsidies. Europe’s fears hinge on America’s $369 billion package of … Read more

Five countries, other than China, most dependent on the South China Sea

The photo was taken from the left window of a commercial airplane, Hong Kong International Airport (Chek Lap Kok International Airport, HKG) to Singapore Changi International Airport (SIN) in the daytime. Taro Hama @ E-kamakura | Moment | Getty Images The South China Sea is a vital trade route connecting the main arteries of trade … Read more

There’s no win-win situation in a fragmented world

Singapore won’t take sides in geopolitical conflicts and will instead take positions that support the rule of law, the country’s Education Minister Chan Chun Sing said in his keynote address at the Morgan Stanley Asia Pacific summit in Singapore on Wednesday. He said the world should remain interdependent despite pressures to break up, as any … Read more

Hey Putin, where you gonna run to? – POLITICAL

With his brutal invasion of Ukraine, Russian President Vladimir Putin has made himself and his henchmen vulnerable to prosecution for war crimes — and they know it. If you listen to speeches, press conferences and media appearances by Russian pundits and political figures, you’ll hear an undercurrent of fear about ending up at a “tribunal” … Read more