Tag Archives: EU
Juncker TTIP EU

Juncker, seen as pro-free trade, could revive TTIP

Jean-Claude Juncker has said he intends to support a free trade agreement with the U.S. and maybe renegotiate UK membership in the European Union. But will contradictory positions on EU governance, reflected in the lack of consensus over Juncker’s nomination, determine the prospects for the Transatlantic Trade and Investment Partnership (TTIP)? As the debate over the […]

Continue Reading
Moldova elections flag

5 events to watch before Moldova’s 2014 elections

Moldova’s upcoming elections in November present short-term and long-term political risks. Here are five specific events to watch in the coming months. 1. Short-term support for the European Union The situation in Moldova has been one of overwhelming support for accession to the European Union in the wake of the Ukraine crisis. The ruling Liberal Democratic coalition has […]

Continue Reading
Aleksandar_Vucic_in_Pentagon; Source: Leon E. Panetta via Wikipedia

Despite setbacks, Serbia sees increased entrepreneurship

As Serbia recovers from devastating floods in May, Belgrade has a flourishing network of young entrepreneurs taking hold. This could provide many lucrative opportunities as the country prepares to join the EU. The images of devastation in the northwest town of Obrenovac show the scale of Serbia’s historic natural disaster.  The new government of Prime Minister Aleksandar […]

Continue Reading
Petro Poroshenko Ukraine

Presidential elections bring Ukraine closer to the West

The success of the presidential elections and the clean victory of the pro-European candidate Petro Poroshenko will bring Ukraine closer to the West, but the conflict with Russia is likely to continue. The Ukrainian presidential elections took place on 25 May amid the most difficult political situation since the country gained independence from the Soviet […]

Continue Reading
Ringed seal; Source: Ansgar Walk via Wikimedia Commons

EU seal case adds new protectionism to WTO

The WTO’s public morality exemption has seldom been employed. However, a recent successful challenge has changed that and may herald a litany of trade restrictions in the near future. Goods, services, intellectual property, technical standards, trade-related investment measures and food safety are just some of the sectors covered by the World Trade Organization (WTO). Observers […]

Continue Reading
Russia China energy pact

Sino-Russian natural gas deal transforms global energy markets

Sino-Russian energy deal will have profound economic consequences for global energy markets and will have an impact on relations between Russia and the West. On 21 May, Russia and China signed a decade-long negotiated deal on Russian natural gas exports to China valued at $400 billion. According to the agreement, Russia’s gas giant Gazprom will […]

Continue Reading

Resurgence of MFN clauses in contracts and treaties

Most favored nation clauses have been around for centuries. Perhaps because of their increasing popularity, however, governments and the public are starting to question how well they work.  What do U.S. District Judge Denise Cote, Michigan Governor Rick Snyder, the Automotive Service Association (ASA), the head of a prominent Ghanaian business lobby, South Africa’s Department […]

Continue Reading
India whiskey

India’s domestic whiskey industry difficult to tap

India remains the world’s largest consumer of whiskey, an industry worth about $10 billion. Foreign whiskey brands, however, have struggled to capture the market due to a complicated federal tax structure, high import duties and policies favoring domestic producers. With more than 550 million votes cast in an election that spanned from April 7th to May 12th, India has finally […]

Continue Reading
Austria Russia gas pipeline

Austria-Russia energy deal exposes EU disunity over Ukraine

A recent gas deal between Austrian energy company OMV and Russian gas exporter Gazprom exposes fractures within the European Union bloc over responses to the Ukraine crisis and threatens the stability of the EU policy-making. When it comes to natural gas diplomacy, member states of the EU have always found it difficult to unite under […]

Continue Reading

Erdogan undermines Turkish Central Bank’s autonomy

On 30 April, the Governor of Turkey’s Central Bank, Erdem Basci, announced an interest rate cut in the near future, but specified neither number nor schedule. The announcement came a week after reaffirming the Bank’s stance that tight monetary policy would remain in effect going forward in order to maintain a stable currency and reduce inflationary risks. Turkey’s inflationary outlook has […]

Continue Reading