Diplomacy and International Politics

The following is an event write-up about the recent Future of Diplomacy Project (FDP) seminar on “The Future of Ukraine: Reconstruction, Energy Security, and Innovation” moderated by Ambassador Paula J. Dobriansky, Senior Fellow with the Future of Diplomacy Project. 

The Project on Europe hosted a post-COP 26 discussion about how European integration of a climate change agenda is now at the very center of its political project. Europe is exiting almost two decades of existential crisis during which it lost its narrative: it no longer had a compelling story to tell. It has now found it once again. Today, a green Europe represents a normative vision, an economic growth strategy, as well as a route to a political Union: it promises to be the new narrative to revive the European project. Precisely because it is so existential for the future of Europe, getting both the story and the practice right is crucial. This is a tall order.

A normative vision for the future, it represents both a clear growth strategy and a route to a political union for the bloc. Yet, as has been made clear at the U.N.’s Climate Change Conference (COP26) in Glasgow this week, the EU — responsible for only around 8 percent of global emissions — is but a small part of the global picture. And a green Europe can only be realized if it’s a global one too.  

The recent ruling of the German Constitutional Court on the ECB was an economic and political bombshell. The deep controversy that resulted – within Germany and on a European scale – illustrates that the ambiguity surrounding the euro area’s legal order and architecture may have reached its limit.

Tensions escalate between Washington and Tehran, after the president says U.S. forces shot down an Iranian drone. Former U.S. Ambassador to NATO Nick Burns, former Acting CIA Director John McLaughlin and former Director of the National Counterterrorism Center Nick Rasmussen join Andrea Mitchell to discuss.

Michael Greenwald writes that with the recent change of leadership at the European Central Bank, the euro likely has a bright future ahead.

Washington should adjust its coercive economic strategy to reflect a broader use of tools beyond sanctions. Given the degree of political interference in China’s banking system via formal state ownership and the indirect influence of opaque party committees, penalties imposed against the country’s banks are unlikely to produce a meaningful change in behavior.

Like with the Soviet Union, America once again finds itself in a global competition with Beijing today, albeit with many more consequences for Washington’s financial statecraft.

As part of the Project on Europe and the Transatlantic Relationship’s (PETR) 2019 European Election event series, Muriel Rouyer, Adjunct Professor of Public Policy and Robert N. Stavins, A.J. Meyer Professor of Energy & Economic Development, discussed transatlantic advances in environmental policy, as well as the role the issue of climate change would play in the EU parliament vote taking place on May 23-26, in a conversation with Cathryn Clüver Ashbrook, Executive Director of PETR on April 30th, 2019.