Could nearly $40 billion in private pension savings become Russia's next source of wartime financing? In her latest @foreignpolicy.com column, @agathedemarais.com explores which funding options Moscow has left, and whether they are politically viable.💰 👉 foreignpolicy.com/2026/07/27/r...

The Kremlin’s Easy Money Is Gone

Russia still has assets to tap for its war, but the political costs are growing.

foreignpolicy.com

Pondering whether Russia's economy will collapse is in fashion, but it may be the wrong question - for @foreignpolicy.com I weigh another one: how many pots of politically affordable money does the Kremlin have left to finance war & social stability (hint: not many) foreignpolicy.com/2026/07/27/r...

The Kremlin’s Easy Money Is Gone

Russia still has assets to tap for its war, but the political costs are growing.

foreignpolicy.com

Europe's response to the China shock remains constrained by fears of retaliation and economic coercion. The result: European policymakers debating marginal options instead of systemic responses. ➡️ ecfr.eu/article/how-...

How China’s silent coercion has Europe sanctioning itself – European Council on Foreign Relations

Beijing no longer needs to actively deploy economic coercion to shape Europe’s economic agenda in its interest

ecfr.eu

Europe is building fewer cars and many of them are actually Chinese • Years of subsidies have left EU with more carmakers than market can support • Tariffs aimed at slowing rise in imports of Chinese EVs, but instead they created incentives to set up shop in EU www.bloomberg.com/news/feature...

Nuctech has become a lightning rod in EU-China trade and subsidy disputes. “China is using Nuctech as a test case for how much the Europeans will want to stick to their regulations and laws”, says Tobias Gehrke in a recent @nytimes.com article. 🔎Read the article: www.nytimes.com/2026/07/06/b...

The Chinese Company That Could Start a Trade War With Europe

Nuctech’s rise from a Chinese state-backed start-up to a global border-security supplier has made it a lightning rod in trade and subsidy disputes.

nytimes.com

The problem of Europe's start-up environment arises at the scaling stage: A shortage of European funding for breakthrough technologies has reduced Europe’s share of global tech market value. 👉Read more on how the EU seeks to address this issue: ecfr.eu/article/eu-i...

As Trump’s rule erodes predictability and legal certainty for tech start-ups in the US, the EU has the chance to offer a better alternative. To seize it, the bloc must better align its regulation and resources. EU Inc. could be a first step in this direction. Read more: ecfr.eu/article/eu-i...

EU Incorporated: The way to start-up European competitiveness – European Council on Foreign Relations

With American competitiveness declining, the EU has a chance to offer tech start-ups something better. To create this new generation of EU Incs, the bloc will f

ecfr.eu

It's @foreignpolicy.com free week: all pieces are free to read, with no paywall or need to log in - on this occasion I'm re-upping my most popular column ever, outlining how the initial US-Russia peace deal last year came with a US$300bn signing bonus for Trump

The U.S.-Russia Plan Gives Trump a $300 Billion Signing Bonus

If Europe moves fast to seize Russian assets, it may be able to sink this bad deal.

foreignpolicy.com

It's @foreignpolicy.com free week: all pieces are free to read, with no paywall or need to log in - on this occasion I'm re-upping my second most popular column since 2023, on how Canada may not be doing too badly in terms of fending off Trump's economic coercion tactics (happy Canada day!)

Canada Shows How to Neutralize Trump’s Trade Attacks

Ottawa’s latest reforms are a blueprint for Washington’s victims around the world.

foreignpolicy.com

Looking for sharp analysis on China, AI and Europe's global role? Agathe Demarais' @foreignpolicy.com columns are free this week: • China's De-Dollarization Drive Has Hit a Wall • How China Is Winning the Global AI Race • The EU Is the New Go-To Middle Power 👉 foreignpolicy.com/author/agath...

The EU approaches finance for the economy it used to have, not the one that will decide power in 2040 - for @ipq.bsky.social I argue that budget choices, joint debt and the digital euro may decide if Europe remains a great power or slips into the middle-power league

Avoiding the Legacy Trap

The EU is not a middle power—yet. Failing to build the financial architecture to mobilize capital at scale and project power may well lead to it becoming an irrelevance.

ip-quarterly.com

China's dedollarisation efforts are stalling as few global firms are rushing to adopt the renminbi, CIPS or the e-yuan - in my latest for @foreignpolicy.com I outline how Beijing is learning the hard way that demand, unlikely infrastructure, cannot be built to order

China’s De-Dollarization Drive Has Hit a Wall

Beijing can create financial instruments, but it cannot decree demand.

foreignpolicy.com

🌐Interested in the latest developments in Geoeconomics and Tech? Stay ahead of the curve with our quarterly newsletter. Get informed about: ✅ Insightful publications ✅ Timely policy alerts ✅ Upcoming events Sign up today and never miss an update. 👉https://ecfr.eu/newsletter-subscriptions/

Our newsletters, updates, and mailings – European Council on Foreign Relations

ecfr.eu

Bonjour Paris! Together with @ecfrafrica.bsky.social, we are gearing up for a full day of discussions on the hard choices facing Europe's critical minerals agenda.

How can Europe become more resilient in a changing global landscape shaped by an increasingly assertive China and uneasy transatlantic ties? @tobiasgehrke.bsky.social explained it in his @ecfr.eu insight at the #ACM2026. You can watch the recording here: www.youtube.com/watch?v=Hg4l...

How can the G7 help reduce global AI imbalances?🖥️🔑 One proposal from our #Think7 solution paper: enforceable G7 guarantees for safe and durable access to critical AI technology stacks. What role can the #G7Summit play in advancing this agenda? think7-2026.org/wp-content/u...

Getting ready for @ecfr.eu's Annual Council Meeting in Vienna!🙌 #ACM2026 Looking forward to fruitful exchanges on current geo-economic challenges and to discussing our recent policy brief mapping out potential future trajectories of US-EU relations. bit.ly/4egaOFf

How can the G7 cooperate in a brutal world? 🤝 The Think7 communiqué outlines recommendations from leading think tanks for G7 decision-makers. As co-chair of the T7 task force, @ecfr.eu helped lead this effort ahead of this week's G7 Summit. ▶️🏔️ Read the communiqué: think7-2026.org/wp-content/u...

Export controls on Mythos and Fable 5 are a remarkable US own goal - in my @financialtimes.com op-ed I outline how export restrictions on US frontier AI raise awkward questions for the business model of American AI firms and could fuel demand for Chinese AI models giftarticle.ft.com/giftarticle/...

Cutting access to Anthropic’s Mythos is a gift to China

Washington’s suspension just strengthened Beijing’s pitch for its own competing AI models

giftarticle.ft.com

As tariffs hit their limits Trump could turn to the financial, energy and digital fields to pressure Europe - in our @ecfr.eu policy brief @tobiasgehrke.bsky.social, @jitorreblanca.eurosky.social and I sketch out three such scenarios, complete with response options for Europe ecfr.eu/publication/...

Mitigate, deter, escalate: Europe’s options against US economic coercion – European Council on Foreign Relations

The US under Trump will seek new ways to coerce Europe economically. Here is how Europeans can resist the pressure and emerge stronger for it.

ecfr.eu

Stress-testing Europe's financial relationships: How could Europeans respond if America weaponized the continent's reliance on the dollar and US financial mechanisms? Explore the scenario in our latest policy brief: bit.ly/4egaOFf

Mitigate, deter, escalate: Europe’s options against US economic coercion – European Council on Foreign Relations

The US under Trump will seek new ways to coerce Europe economically. Here is how Europeans can resist the pressure and emerge stronger for it.

bit.ly

Last week, the US government ordered Anthropic to suspend foreign nationals' access to its Fable 5 and Mythos 5 models. A recent @ecfrgeotech.bsky.social report argued that, to build the AI layer of the EuroStack, European must tackle dependencies in both AI compute and AI models. bit.ly/48ZLCBA

Get over your X: A European plan to escape American technology – European Council on Foreign Relations

Foreign technology companies cannot be entrusted with meeting Europe’s growing digital needs. This includes American big tech firms. Here’s what Europeans shoul

bit.ly

As the G7 summit kicks off in Evian today, ECFR Senior Policy Fellow @agathedemarais.com notes that “China has no interest in engaging with the G7, which it denounces as a gathering of old powers.” Read the full Handelsblatt article: www.handelsblatt.com/politik/deut... @ecfrberlin.bsky.social

Handelskonflikt: Hunderttausende Arbeitsplätze verloren – schlägt Europa gegen China zurück?

Neue Zahlen zeigen, wie sehr der Chinaschock der deutschen Industrie schadet. Nun könnte Europa härter gegen Peking vorgehen – weil Bundesregierung und deutsche Wirtschaft umdenken.

handelsblatt.com

As G7 leaders gather in Évian next week, questions loom over G7 unity amid growing transatlantic strain. How can the French-led G7 deliver, and what are the implications of a 2027 US G7 presidency? More in this @dgap.org briefing featuring our very own @agathedemarais.com: dgap.org/en/mediacent...

The G7 Summit in Évian-les-Bains: Rebalancing the Global Economy

DGAP's Morning Briefing The G7 summit takes place June 15–17. With transatlantic tensions running high, French President Macron has made reducing global macroeconomic imbalances the meeting's central ...

dgap.org

🚨Policy alert! As Musk escalates his campaign against Britain, the EU should apply two remedies to address political interference via X: mandatory interoperability and mandatory algorithmic choice. Read more here: ecfr.eu/article/musk... @jitorreblanca.eurosky.social @ecfr.eu

Musk’s war on European democracy: How to open up X and fight back – European Council on Foreign Relations

The EU should apply two remedies to address political interference via X

ecfr.eu

Pleased to see our new policy brief featured in the Italian newspaper Formiche, highlighting different scenarios of US coercion and European counterstrategies. 📰🔎 @ecfrrome.bsky.social Read the new brief here: bit.ly/4egaOFf

Mitigate, deter, escalate: Europe’s options against US economic coercion – European Council on Foreign Relations

The US under Trump will seek new ways to coerce Europe economically. Here is how Europeans can resist the pressure and emerge stronger for it.

bit.ly

🎲Going all in or playing it safe? Our latest policy brief explores scenarios of US coercion against Europe in the finance, energy and tech spheres. It maps out 3 potential EU responses: mitigation, deterrence and escalation. Read @ecfr.eu's new report: ecfr.eu/publication/...

Mitigate, deter, escalate: Europe’s options against US economic coercion – European Council on Foreign Relations

The US under Trump will seek new ways to coerce Europe economically. Here is how Europeans can resist the pressure and emerge stronger for it.

ecfr.eu

All is not well in #transatlantic relations and Washington holds powerful levers over Europe through finance, energy and technology. A new policy brief sets out three policy options in each sphere to help Europe build lasting economic leverage. @ecfrgeotech.bsky.social https://bit.ly/4egaOFf

Mitigate, deter, escalate: Europe’s options against US economic coercion – European Council on Foreign Relations

The US under Trump will seek new ways to coerce Europe economically. Here is how Europeans can resist the pressure and emerge stronger for it.

bit.ly

What is on the agenda for the Evian G7 summit next week, how united are G7 countries and what can we expect from the gathering? Join us on Thursday for @dgap.org's morning briefing to discuss these topics (and more) 👇

DGAP's Morning Briefing

Speakers: Axel Berger, Deputy Director (interim), German Institute of Development and Sustainability (IDOS) Agathe Demarais, Senior Policy Fellow, European Council on Foreign Relations (ECFR) Barnaby…

dgap.org

Putin's data are wildly off the mark - BRICS economies represent 25% of global GDP (in nominal terms, as using PPP doesn't make much sense here), while the G7 still accounts for 45% of global GDP Source: IMF data - www.imf.org/external/dat...

WarTranslated (Dmitri)@wartranslated.bsky.social · 2mo ago

Key takeaways from Putin's SPIEF address today: BRICS accounts for 49% of global GDP vs G7's 18%, Putin claims. The West is "eroding" its own trade institutions. Russia "leads" in nuclear energy with over 80% of global atomic projects, he claims.