Theresa May and the continental side of Brexit
British Prime Minister Theresa May is taking the blame for a debacle that is not of her making. But even now, in the shadow of a hard Brexit, the damage can be contained if cooler heads prevail on the other side of the Channel.
Opinion: Six lessons from Brexit
The United Kingdom and the European Union have drawn little benefit from the Brexit negotiations. It did not have to be this way. The leadership on both sides made critical mistakes that have put Europe in this pickle. As the process moves toward its next stage, the question is whether leaders can learn the lessons and take a more realistic stance. The future of both the EU and the UK depends on it.
A choice for economies: Freedom or socialism
Some say the global economy is slowing down due to Brexit and the U.S.-China trade dispute – but these developments are not the real dangers. Far more insidious is the trend toward increased government influence in economies and large public debts. Yet, even many economists have adopted the notion that government intervention and high debt can be a good thing. These policies have been tried before and failed. Worse, they can end up limiting freedom.
Opinion: The overhauled but directionless Franco-German tandem
When French President Emmanuel Macron and German Chancellor Angela Merkel signed a new Franco-German treaty in Charlemagne’s old imperial capital of Aachen earlier this year, the outcome was underwhelming. The ambitious goals that were set also seem entirely unrealistic, given the countries’ increasing divergence on policy. That means fears of a dominant Franco-German tandem in the EU are unfounded, but so are hopes that it will lead the bloc out of its current doldrums.
Planning the economy
Politicianal interventions rather than markets are causing economic crises in the world. Misguided attempts to centrally plan and manage the complex transactions of millions of different players are bound to produce unexpected results. In 2007-2008, politically inspired intervention in the housing market in the United States caused an international financial crisis of epic proportions. These days, policies of abundant money supply and unrestricted debt promise trouble for the developed countries.
A year of change for the European Union?
The European Union, which still lacks a post-Brexit vision of itself, will be changing the leadership of almost all its leading institutions over the next few months. Candidates are already jostling for position to take over at the European Commission and the European Central Bank, and surprises could be in store. With non-mainstream parties likely to gain seats in the May European Parliament elections, the EU-27 seems headed for even less harmony and more dissension.
Brexit: An unnecessary problem
British Prime Minister Theresa May finds herself in a tough spot on Brexit: Brussels is unwilling to make more concessions, but the British Parliament looks unlikely to accept the current agreement. It didn’t have to come to this, but a lack of pragmatism on both sides has brought us here. A hard Brexit will cause a lot of disruption, but it could also offer an opportunity for a new start in politics on both sides of the English Channel.
Brexit’s impact on UK energy policies
Brexit will have a huge impact on the energy sectors of both the United Kingdom and the European Union. Britain’s energy system will remain deeply tied to the rest of Europe’s, but questions surround how differences in regulatory environments will be bridged. Regardless of whether Brexit is “hard” or “soft,” adding complexities to energy trade will likely mean higher costs for consumers.
GIS Dossier: Angela Merkel
When Angela Merkel finishes her term as German chancellor in 2021, it will mark the end of an era. Love her or hate her, this shrewd political operator has had a huge impact on Germany, Europe and the wider geopolitical scene. This GIS Dossier compiles our experts’ analysis of her policies and the effects they have had across the globe.
Brexit and trade
Brexit negotiations between the European Union and the United Kingdom were supposed to be concluded at the EU summit on October 17. But the deadline passed with no breakthrough, and no plans for a new meeting. With the clock to a “hard Brexit” ticking down, this could be the salutary shock needed to pave the way for a compromise — or point to a future in which the UK’s diminished weight in international trade encourages a drift toward protectionism.