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(C) Project Syndicate

(C) Project Syndicate

Articles

    “Bomb threat! Leave the premises immediately,” a security officer yelled at me during a “Principles First” conference of moderate Republicans gathering in Washington, D.C., on Feb. 22. We learned a little later that the threat came in the form of an untraceable email that said four homemade bombs had been planted “in honor of the January 6 hostages recently released by Emperor Trump.”

    26 July 2025
    Trump’s America is a powder keg

    The more humanity learns about the oceans, the more obvious it becomes how little we actually understand about them. For example, it is believed that there are actually three times as many marine species as we have already identified. This fact alone should make us stop treating the ocean as something self-evident.

    19 July 2025
    New approaches to financing the oceans

    On July 10, the European Parliament will vote on the resignation of European Commission President Ursula von der Leyen and her entire team. Such a vote of no confidence is highly unusual for the European Union. But although such initiatives have never been successful, they are the most powerful tool for controlling the executive branch in the EU and, as history shows, change the political dynamics in Brussels.

    12 July 2025
    Moment of truth for von der Leyen

    The just-concluded NATO summit in The Hague took place at a time of extreme tension. Since returning to the White House, Donald Trump has repeatedly accused Europe of sponging off U.S. defense spending, raising serious concerns about the health of the Atlantic alliance. These fears were only heightened by Trump’s decision to bomb Iran’s nuclear facilities just three days before the summit, a decision made in coordination with Israel and without notifying America’s NATO allies.

    6 July 2025
    Trump’s dilemma for NATO

    For the umpteenth time, fiscal austerity has opened the door for populist political parties. In the UK, France, Poland and other countries, populists succeed by criticizing “fiscally responsible” governments that cut spending.

    5 July 2025
    Fiscal austerity policies are a gift to populists

    During the first four months of 2025, 56 Norwegian citizens debated how Norway’s vast oil wealth can best serve current and future generations – at home and abroad. Unlike traditional decision-making methods, where elected officials and experts determine policy, the so-called Commission for the Future (the second such assembly in Norwegian history) allowed ordinary citizens, selected through a representative and knowledgeable process, to make recommendations in informed discussions.

    29 June 2025
    Norway’s responsibility to future generations

    Even before U.S. President Donald Trump’s attack on the global economy, it was experiencing not only a structural crisis, but also a crisis of values that once justified and guided international cooperation. The declining role of multilateralism, i.e. multilateral relations, is explained not only by the weakening of international organizations and geopolitical tensions, but also by the loss of unified principles of international cooperation, the shift to unilateralism, transactional diplomacy, and zero-sum nationalism.

    28 June 2025
    The new economic order needs a moral compass

    The third UN Ocean Conference ended in Nice with much accomplished. But there is also much unfinished business for the world to discuss at this year’s UN Climate Change Conference (COP30) in Belém, Brazil.

    22 June 2025
    UN Ocean Conference: the world needs to finish what it started

    In early June, after finishing his job as a “special government employee,” Ilon Musk almost immediately began criticizing Donald Trump and Republican congressmen’s bill known as the “One Big Beautiful Bill.” The package, which includes big budget deficit spending and tax cuts, would bankrupt America, Musk warned, calling on senators and congressmen to “kill this bill.”

    21 June 2025
    Lessons from Trump’s spat with Musk

    Against the backdrop of the worsening climate crisis, the EU and the UK are gradually introducing the “Border Carbon Adjustment Mechanism” (CBAM for short). They present it as a key instrument that will link trade with climate policy. However, the CBAM’s ambitious goals are causing growing discontent.

    15 June 2025
    Revision of the EU’s “Border Carbon Adjustment Mechanism”

    Over the past two months, financial investors have come up with a new trading strategy based on a simple rule – TACO. This is an acronym for the phrase “Trump Always Chickens Out”, meaning “Trump is always scared”. America’s president threatens to impose huge duties on imports from friendly and hostile countries or fire the chairman of the Federal Reserve, but then backs down because the uncompromising scourge of the market forces him to exercise discipline. Then Trump switches to duties again, and then backs off again.

    14 June 2025
    The weakness of America’s “strong leader”

    When German Chancellor Friedrich Merz took office on May 6, 2025, few expected the swiftness with which he began to reshape the country’s foreign policy. But the tone has unequivocally changed. Germany’s long era of strategic uncertainty is coming to an end.

    8 June 2025
    The end of Germany’s comfortable tranquility

    In the Middle Ages, usually only the court jester dared to tell the king an inconvenient truth. In the United States, under the ersatz court of President Donald Trump, who longs to be a monarch, the bond market has taken over that role.

    7 June 2025
    King Trump and the bond market

    For at least a while, the U.S. has abdicated its role as the leader of the global clean energy transition. U.S. President Donald Trump has not only reversed the clean energy goals set by his predecessor, but also refuses to recognize the serious health, economic and security risks posed by climate change even to Americans, let alone traditional U.S. allies and partners in the world. The Trump administration has chosen to focus on revitalizing the coal industry and increasing oil and gas exports in an attempt to achieve “energy dominance” over friends and foes alike.

    31 May 2025
    Investing in clean energy strengthens Europe’s security

    To call the current global economic climate “uncertain” is a vast understatement of the confusion that has prevailed in recent months, especially after U.S. President Donald Trump imposed “release day” duties in early April. He suspended them almost immediately as the capital markets (especially the US bond market) erupted into chaos. But no one, except perhaps a few administration insiders, knows whether Trump will resume the duties this summer (they are suspended for 90 days while affected countries try to negotiate new bilateral trade agreements with the US), or whether he will replace them with agreements with trading partners. Still, we can predict a number of consequences of Trump’s policies for the U.S. and global economy.

    24 May 2025
    The economic impact of the Trump administration’s policies

    The tariff war launched by U.S. President Donald Trump is in full swing, and investors around the world are wondering: what will be the next item in his plan to overthrow the global economic order? The attention of many is focused on the so-called “Mar-a-Lago Agreement”. This is a plan proposed by Stephen Miran, chairman of Trump’s Council of Economic Advisers, to coordinate with America’s trading partners to weaken the dollar.

    17 May 2025
    Trump’s illogical plan to weaken the dollar

    On May 2, the Federal Office for the Protection of the German Constitution ruled to classify the Alternative for Germany party (AdG for short) as far-right and extremist. In response, U.S. Secretary of State Marco Rubio spoke in defense of the AdG, condemning the decision as an act of “disguised tyranny.”

    9 May 2025
    How to stand up to Trump’s America

    Donald Trump is rapidly turning the US into the largest tax offshore in world history. Just look at this: the Treasury Department has been instructed to withdraw from the information transparency regime that helps reveal the identity of the real owners of companies; the U.S. administration has withdrawn from the UN Framework Convention on International Tax Cooperation negotiations; it has stopped requiring compliance with the Foreign Corrupt Practices Act; and is pursuing a massive deregulation of cryptocurrencies.

    2 May 2025
    America is becoming the world’s largest tax haven

    Every Easter, Christians remember how at the Last Supper, on the eve of Jesus’ crucifixion, it seemed that hope was lost. Most of Jesus’ closest friends were about to disown and abandon him. All that lay ahead was torture and a horrible death. But in this moment of despair, Jesus made himself a gift to all, he gave bread to his disciples and said: “This is my body, given for you.” This act of hope culminated on Easter morning when life triumphed over death, love over hate, and divine giving over human greed.

    26 April 2025
    A society without charity is doomed

    The US-led world order as we knew it is gone. As the tectonic plates of geopolitics move beneath us, Europe faces the challenge of preserving its institutions and preventing the world from returning to an era where the strongest man is right, amid the concentration of power by authoritarian leaders in Washington, Moscow and Beijing.

    26 April 2025
    What does it mean for Europe to be self-sufficient