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The Food Revolution Is Up to Us

Even if the world were to move to carbon-free energy sources tomorrow, the climate crisis still will not have been addressed, because industrial agriculture would continue to drive both planetary warming and biodiversity loss. A food-systems revolution is therefore past due. BRUSSELS – This year, the United Nations is convening a special gathering to “raise awareness and elevate public discussion” about how food-system...

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Is Doing Business Really Dead?

The World Bank’s recent decision to stop publishing its annual Doing Business report is an understandable initial reaction to revelations of data manipulation in favor of certain countries. But the Bank should use this interruption to develop a better report, rather than ending it for good. ITHACA – Recent days have brought me a storm of emails and calls about the collapse of the World Bank’s most widely watched annual...

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The Right War for the US and China

Either everyone wins the fight against climate change, or no one does. So, while the world’s great powers – especially the United States and China – should prepare for war, they must wage it against the right enemy. HONG KONG – The planet is heating up – and so are global geopolitics. With less than two months until the crucial United Nations Climate Change Conference (COP26) in Glasgow, the United States and China...

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Biden’s Collaborative Containment Strategy

While some in China have interpreted US President Joe Biden’s recent overture to Chinese President Xi Jinping as a sign of American weakness, nothing could be further from the truth. In the intervening weeks, the administration has shown that it is serious about reimagining and rebuilding US foreign policy in the Indo-Pacific region. NEW YORK – Following the news that US President Joe Biden and Chinese President Xi...

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The Necessity of AUKUS

The diplomacy surrounding the recent agreement between Australia, the United Kingdom, and the United States left much to be desired, and UK Prime Minister Boris Johnson should now lead efforts to mollify the French. But this should not be the last agreement between like-minded powers to counter Chinese aggression. LONDON – The basic text making the case for an international-relations rulebook was provided by the...

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America’s Lost World

Two recent books recounting – and eulogizing – America's receding political hegemony show how the Cold War embedded the country's value commitments and cultural innovation in its "brand" and why victory has led to retreat. A society that no longer knows what it stands for has little to share with the rest of the world. NEW YORK/VIENNA – When the post-Cold War world was still in its infancy, there was a palpable sense of...

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The Promise of Green Hydrogen

Although more countries and businesses have made commitments to achieve carbon neutrality in the decades ahead, a net-zero economy will not be possible without additional substitutes for fossil fuels. Fortunately, the tiny hydrogen molecule holds the key. STOCKHOLM – While we already have mature technologies that can replace fossil fuels in many parts of our economy, there are areas where eliminating carbon pollution...

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How to Avert a Global Climate Catastrophe

Current global efforts to raise awareness and nudge and shame policymakers are necessary but not sufficient to prevent an existential climate crisis. Addressing the problem more effectively requires international governance arrangements that amount to a new social contract on global public goods. AMMAN – The hottest day on record in Jordan since 1960 was a staggering 49.3° Celsius, (120.7° Fahrenheit) in July 2018, one...

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Europe’s Latest Humiliation

Donald Trump humiliated the European Union by annulling the Iran nuclear deal, and now Joe Biden has done so by announcing the new AUKUS agreement with Australia and the UK. But as much as Europe's leaders may protest, the EU's subordination to the US reflects a conscious choice that they have made. ATHENS – A “brutal lesson in geopolitics,” is how the Berlin newspaper Der Tagesspiegel described the announcement of...

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The Developing World’s Hidden Inflation Risks

A combination of specific inflationary shocks and vulnerabilities could seriously threaten developing economies' stability and prosperity. Although part of the policy response to these risks is in the hands of poorer countries themselves, the international community can and must help. ABIDJAN/PARIS – As the global economy begins to emerge from the COVID-19 crisis, managing inflation risks will be much more challenging...

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