Russia’s invasion of Ukraine has upended the foundations of Europe’s security order, but also its economic order. The sanctions imposed on Russia by the European Union and its Western partners suggest that an economic decoupling has begun. The implications of such a decoupling in the context of an integrated global economy are significant, but also murky and complex. Clearly, the war highlights a weakness in the logic that had long underpinned globalization as an economic but also a normative project: that economic interdependence among states would make the costs of conflict prohibitive. Longstanding dissatisfaction with China’s unfair trade practices, combined [...]
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Rwanda has announced an agreement with the United Kingdom to take in some asylum-seekers for processing in the East African country. Having pledged to control the country’s borders during the successful “Brexit” campaign to leave the European Union, British Prime Minister Boris Johnson yesterday announced a crackdown on migrant crossings via routes across the English Channel, saying that migrants who do not meet strict asylum criteria will be flown more than 4,000 miles to Rwanda for processing and possible resettlement there. British Home Secretary Priti Patel traveled to Kigali, the capital, to sign the deal, which includes £120 million—approximately $160 million—in aid to [...]
Sweden and Finland both took a major step toward joining NATO this week. Finland will make its decision on whether to apply for membership in “weeks rather than months,” Prime Minister Sanna Marin said yesterday in a joint press conference in Stockholm alongside her Swedish counterpart, Magdalena Andersson. Sweden will reportedly wait until after Finland makes a final decision, but Swedish media are reporting that Andersson’s Social Democrats are already sold on the idea and have decided to push for Sweden’s NATO membership. The bombshell announcement makes for yet another groundbreaking development in European security policy since Russian President Vladimir Putin authorized the invasion of Ukraine in February. Finland has historically steered [...]