While the global economy has overcome many of the effects of the financial crisis, slow growth, job losses in traditional sectors, and increasing inequality are testing the ability of governments in advanced economies like the United States and Germany to provide broad-based prosperity. A high-standard, rules-based international trading system and well-regulated financial markets will continue to be important drivers of economic growth and a focus of attention for governments and business alike.

Governance of the European Union just became more complicated. On May 16, the European Court of Justice (ECJ) issued its ruling over which European institutions had “competence” over different provisions of the EU-Singapore Free Trade Agreement (Singapore FTA). In short, who gets to speak for Europe on which issues in trade negotiations? In the midst …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics John Kennedy and Illiberalism (AICGS) ECB plays down Brexit threat to Eurozone economy (Financial Times) OPEC Agrees to Extend Crude Output Caps (Wall Street Journal) Foreign and Domestic Politics Trump Meets NATO Officials in Brussels (NPR Morning Edition) Merkel threatens to …Read More

May 29 will mark the 100th anniversary of the birth of John F. Kennedy, the 35th President of the United States. Kennedy may be well known not only to Germans, but more widely in the democratic world for his June 26, 1963, speech where he defied Soviet communism by declaring “Ich bin ein Berliner.” But …Read More

All eyes will be on Donald Trump when he attends the international summits of NATO and the G7 at the end of May. On his first trip to Europe he is also set to meet the presidents of the European Council and the European Commission, Donald Tusk and Jean-Claude Juncker. Policymakers in Brussels and across …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics German business leaders urge Tories to rethink plan to leave single market (The Guardian) Germany’s car city drives on after Dieselgate (Politico EU) What NAFTA talks could mean for U.S. consumers and business (USA Today) ECB officials clash over QE …Read More

In the face of growing challenges to an open, rules-based global economic order, there is a need to identify new ideas and narratives about the importance of international economic engagement for the United States, Germany, and the European Union. This Issue Brief, which benefited from the discussions of the AICGS Geoeconomics Strategy Group, sets the …Read More

After President Trump’s withdrawal from the Transpacific Partnership (TPP) and with the Transatlantic Trade and Investment Partnership (TTIP) negotiations “in the freezer,” the future of free trade agreements is put into question. However, trade agreements remain an important tool not only to create jobs and economic growth, but also to develop, update, and enforce the …Read More

The final meeting of the AICGS Geoeconomics Strategy Group centered on the concept of “economic security” defined as the ability of a country to pursue national prosperity according to the values and principles it chooses. In an ideal world, publics in the United States, Germany, and other G20 countries would understand that achieving this goal …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics German unemployment at historic lows (DW) Bundesbank warns of German real estate bubble (DW) Senate approves measure to fund the government through September (The Washington Post) Oil craters to its lowest level since November (Business Insider) U.S. labor market tightening; …Read More

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