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Norway will struggle to cut dependence on oil and gas

Location:

NORWAY

Norway’s importance as Western Europe’s only significant hydrocarbons exporter has increased in the wake of Russia’s war in Ukraine. Its contribution might be good for Europe’s…

Ukraine war makes EU climate targets less achievable

Location:

EUROPE

The plan focuses on decoupling from Russian energy primarily via an acceleration of the energy transition, rather than falling back on more carbon-intensive coal or building new…

Biden-Moon summit indicates a new realism in Seoul

Location:

SOUTH KOREA

The first was Japan’s prime minister, Yoshihide Suga, in April. While this priority sends a clear signal to Beijing, in each case there was also a substantial bilateral and…

New talks increase prospects of a Brexit trade deal

Location:

EU/UK

At a meeting on June 15 with European Commission President Ursula von der Leyen, UK Prime Minister Boris Johnson stated he wanted a deal despite previous threats to abandon the…

Russia wants to avoid worse ties after US sanctions

Location:

RUSSIA

Russia's demand that Washington scale down its diplomatic mission staffing is dramatic in tone yet limited in effect. Despite the large number of posts to be cut, this retaliation…

European elections will test new Greek leftist leader

Location:

GREECE

The new leader of the left-wing Syriza party, Stefanos Kasselakis, has until then to establish himself as Greece’s leading oppositionist. He has not been helped by the…

Beijing-ASEAN South China Sea tensions will grow

Location:

CHINA/ASEAN

While there is always potential for unplanned escalation, recent incidents in the area are unlikely to change the basic dynamics there: China’s increasing assertion of ‘on-water’…

US-Korea-China chip move boosts supply chain stability

Location:

SOUTH KOREA

Separately, SK hynix has blocked a merger between the NAND (flash memory) sector’s third- and fourth-ranked firms, Kioxia -- which it partly owns -- and Western Digital.

United Arab Emirates’ green transition will intensify

Location:

UNITED ARAB EMIRATES

Earlier in July, the United Arab Emirates (UAE) government unveiled ambitious new targets for clean power and low-carbon hydrogen production. The main emirates are accelerating…

China will invest selectively in South-eastern Europe

Location:

BALKANS/CHINA

Despite controversies and Western push-back, Beijing remains involved in infrastructure development across South-eastern Europe. Chinese investment is also flowing into the…