Since succeeding Donald Trump, Joe Biden has sought to repair the damage Trump did to a wide range of traditional U.S. foreign policy objectives, particularly when it came to reassuring U.S. allies and partners around the world. But Biden has left one thing he inherited form Trump relatively untouched: trade policy.
Over the past year, numerous countries, led by the U.S. and EU, have leveled an unprecedented package of economic sanctions on Russia. These sanctions are both comprehensive, targeting the Russian economy in general, and specific, aimed at key Russian oligarchs who support Putin. Now, a natural question arises: Are they working?
The crisis in Peru shows no sign of easing. With the death toll climbing, protesters have now reached the capital. Meanwhile, political leaders are struggling to come to an agreement about a way out of a violent showdown that is crippling the economy, worsening poverty and threatening the survival of Peru’s democracy.
The Labour Party is likely to win the U.K.’s next election, which must be held no later than December 2024. It might take years before efforts to tackle the party’s policy priorities yield visible outcomes. But Brexit is a major area where swift action might be matched by results in Starmer’s first 100 days in power.
Lebanon’s ongoing political and economic crises took more dramatic turns last week, beginning with a sit-in inside parliament by some of the body’s members to protest the failure to elect a president, and continuing with extraordinary developments linked to the stalled inquiry into the August 2020 Beirut Port explosion.