Taxing carbon is probably the most effective way of curbing greenhouse gases that cause climate change. But because taxing carbon emissions will raise gasoline and other energy costs for households and industry, it may be the most politically treacherous step any government can take. Undaunted, Europe should forge ahead with an ambitious plan to make the cost of using fossil fuels effectively exorbitant. The economic impact on Europe would be enormous. But Europe’s actions could also have a significant impact on the United States.
Jacob Funk Kirkegaard (PIIE)
Yuan Yang (Financial Times) joins to explain the allegations and complications surrounding Chinese telecom equipment maker Huawei. They discuss alleged risks to national security, IP theft, unfair trade, sanctions violations, export controls, the entity list, and more.
Featuring Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)
The Democratic presidential candidates’ debate last Thursday finally featured an actual discussion of trade policy, although, typically for television, it was too short and too focused on a single hot-button issue: China tariffs. It also turned out to be not very enlightening.
Israel’s inability to thwart Hamas on the Gaza front, even as it persistently worsens the lives of the 20,000 Israeli citizens who live in the “Gaza envelope,” is a national shame. Yet PM Benjamin Netanyahu is correct that this pain must be borne as Israel focuses on the Iranian threat and Israel’s northern front.
Anthony H. Cordesman
Une attaque de drones ou de missiles a provoqué des incendies dévastateurs dans deux importantes installations pétrolières du géant public Aramco, en Arabie Saoudite, premier pays exportateur mondial d’or noir, ce samedi 14 septembre. Cette frappe aérienne a été revendiquée par les rebelles houthistes du Yémen, soutenus par les Iraniens. Les conséquences économiques et diplomatiques sont préoccupantes : le cours du pétrole a fortement augmenté et les tensions entre les États-Unis et l’Iran sont toujours aussi vives.
Marc-Antoine EYL-MAZZEGA, invité de Caroline Roux dans “C dans l’air” sur France 5
The Bolt Report on Sky News Australia on the night of September 10 was almost like “a bully’s report,” where ultra-conservative anchor Andrew Bolt intimidated and interrogated Gladys Liu, the first Chinese-born female Liberal Federal MP from Chisholm in Victoria, South-eastern Australia, on her social affiliation and connection with a few Australian-Chinese associations.
By Chen Hong
The United Kingdom’s bid to withdraw from the European Union is typically characterized as a dramatic manifestation of British nationalism. In fact, it has almost nothing to do with Britain, and everything to do with English national identity, which has been wandering in the wilderness ever since the fall of Pax Britannica.
Edoardo Campanella is a Future of the World Fellow at the Center for the Governance of Change of IE University in Madrid and co-author, with Marta Dassù, of Anglo Nostalgia: The Politics of Emotion in a Fractured West.
The attacks on the sprawling Saudi oil facility bears all the hallmarks of an Iranian operation, marking a dangerous new phase in Gulf tensions.
By Ray Takeyh