Economics & Global Affairs

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 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.

Former U.S. Secretary of State Rex Tillerson offered his take on global leaders and hotspots, from Iran and Saudi Arabia to North Korea and Syria. He was joined by Professor Nicholas Burns, Professor James Sebenius and Professor Robert Mnookin.

NPR's David Greene talks to Amanda Sloat of the Brookings Institution, and David Rennie of The Economist magazine, about the global standing of the U.S. The G-7 meetings in France wrap up Monday.

After the G7 Summit, President Trump is now saying he would be open to a meeting with Iran if the circumstances were correct and they were "good players." He also claimed China wants a trade deal very badly and talks were "elevated" last night. Plus the president became salesman-in-chief when asked about next year's G7 summit - which he wants to host at his resort in Doral, Florida. NBC's Kelly O’Donnell, Washington Post columnist Eugene Robinson, former Commerce Secretary and former U.S. ambassador to China Gary Locke, and former U.S. ambassador to NATO Nick Burns join Andrea Mitchell to discuss.

President Trump is continuing to raise the issue of readmitting Russia to the G7, and is still blaming President Obama for throwing Moscow out of the group. Former U.S. ambassador to NATO and Washington Post foreign columnist David Ignatius 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.