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The Zeitenwende: Germany’s Reluctant Revolution

Talking about a revolution Three days into the Russian invasion of Ukraine, Chancellor Olaf Scholz announced a revolution in German foreign policy. At an extraordinary session of the German Bundestag …

The European Central Bank’s Inflation Dilemma

Major central banks have finally accepted that inflationary pressures are here to stay. Both the Federal Reserve and the European Central Bank now admit that price increases are not a …

Reading Between the Lines of U.S. China Policy

U.S. Secretary of State Antony Blinken gave a speech to George Washington University on May 26 with the admirably straightforward title of “The Administration’s Approach to the People’s Republic of …

The EU’s Old School Approach to Russian Oil

Over the last two years, the European Union has innovated in a remarkable fashion to strengthen both its internal and external roles as an economic actor. As the EU struggles …

The Potential Role of the U.S.-EU Trade and Technology Council in a Rapidly Changing Global Economic Order

In an important speech on April 13, U.S. Treasury Secretary Janet Yellen stated that “…the war between Russia and Ukraine has redrawn the contours of the world economic outlook.” Amid …

Episode 57: U.S. and European Responses to Economic and Strategic Challenges from China

On this episode of The Zeitgeist, Daniel Gros, Member of the Board and Distinguished Fellow at the Centre for European Policy Studies (CEPS), joins AICGS President Jeff Rathke and Peter …

The West Should Stay Focused on Geoeconomic Rivalry with China

As China leveraged its state capitalist model to become a global superpower, it increasingly challenged the market-oriented basis of the liberal economic order founded by the United States and its …

Episode 56: War in Ukraine: How are the United States and its NATO Allies Responding?

A Conversation with Ambassador Julianne Smith, U.S. Permanent Representative to NATO Russia’s war in Ukraine has entered a new phase, after the Ukrainian forces’ spirited and effective resistance forced Russia …

Episode 55: Russia’s War on Ukraine and Europe’s Response

On this episode of The Zeitgeist, Stavros Lambrinidis, Ambassador of the European Union to the United States, joins AICGS President Jeff Rathke and Peter Rashish, Director of AICGS Geoeconomics Program. …

German Turning Points

Past and Present When Chancellor Olaf Scholz took office three months ago, few expected that he would dramatically change the coordinates of German foreign and defense policy. But on February …

Why Some German Companies Are Struggling with the Ukraine Sanctions

Until Russia’s military invasion in Ukraine, many German companies used to have close ties with Russian companies and institutions. Some of them stem from the time of the USSR when …

Why the German Paradigm Shift on Russia Is (Probably) Bound to Last

When Russia invaded Ukraine on February 24, German Chancellor Olaf Scholz announced a Zeitenwende—a “change of times.” The term entails the double meaning of an era ending and a paradigm …

Revoking Russia’s Trade Privileges

The System Worked Last Friday, the G7 and the European Union decided to revoke Russia’s “most favored nation” (MFN) status, or what is called “Permanent Normal Trade Relations” in the …

Break the Bias

Achieving Gender Parity in European Parliaments The average share of women in national parliaments worldwide remains behind the times, amounting to around 25 percent. In Europe, the figures are only …