Energy

The success of U.S. President Joe Biden's China policy will depend on whether the two powers can cooperate in producing global public goods, while competing in other areas. The U.S.-China relationship is a "cooperative rivalry," in which the terms of competition will require equal attention to both sides of the oxymoron.  Joseph Nye argues that it will not be easy.

Professor Joseph Aldy says the incoming U.S. administration can breathe new life into global efforts against climate change, but faces daunting political and economic obstacles.

Stephan Walt writes that Trump's foreign-policy instincts might be more sound—but he has forfeited the chance to lead.

The US has many problems, including Donald Trump, says political scientist Cathryn Clüver-Ashbrook. If Joe Biden wins the election, he'll have to fix a lot first.

The US is facing a presidential election, the outcome of which will not necessarily be accepted by the current president. The corona pandemic is hitting the USA as hard as few other countries worldwide, also because of government decisions. Racism is more pronounced than it used to be, and environmental and climate protection provisions are being withdrawn.

Joseph Nye advises skepticism toward claims that the pandemic changes everything. China won't benefit, and the United States will remain preeminent.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

The world has never before confronted a crisis quite like COVID-19, one that has simultaneously tested both the limits of public health systems everywhere and the ability of countries to work together on a shared challenge. But it is in just such moments of crisis that, under all prior U.S. presidents since World War II, the institutions of U.S. foreign policy mobilize for leadership. They call nations to action. 

European capitals are taking a variety of steps individually to try to beat back the outbreak. But few countries are working together to combat the spread of COVID-19, the disease caused by the novel coronavirus.