By Homi Kharas By Homi Kharas The nomination of Ajay Banga as the U.S. candidate for World Bank president is welcome news. If history is any guide, Mr. Banga will be elected, maybe unanimously, as the next World Bank president. His nomination, therefore, carries considerable import. It suggests that the Biden administration seriously believes the […]
By Janka Oertel By Janka Oertel The COVID-19 pandemic and Russia’s war in Ukraine have changed how the EU thinks about the future of its relations with China — with significant potential for shifts in policy towards Taiwan. The latest (virtual) EU-China summit on April 1, in which European leaders wanted to focus on the […]
By Hans Binnendijk, Daniel S. Hamilton, Alexander Vershbow By Hans Binnendijk, Daniel S. Hamilton, Alexander Vershbow Executive Summary While Russian President Vladimir Putin’s war of aggression against Ukraine has reinvigorated the Atlantic alliance, it has also deepened Europe’s strategic dependence on the United States. As North Atlantic Treaty Organization (NATO) allies continue to help Ukraine […]