Risk Analysis

Economic and financial market risks; the consequences of climate change, terrorism, and organized crime; supply security of energy and raw materials; the increase of cybercrime; and the vulnerability of critical infrastructure—governments, businesses, and societies face numerous systemic risks. Purely national approaches to cope with these transnational challenges are doomed to fail. In fact, there is a need for international cooperation. The United States and the EU are key players in this context—without the two economic and political heavyweights, systemic risks cannot be handled adequately. Despite the high degree of integration of their economies, sound political relations, and similar vulnerabilities to systemic risks, cooperation between the two partners is often difficult.

The Arab Awakening One Year On: A European Perspective

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moeller10

In early 2011, the debate in the European Union about the repercussions of the Arab awakening that started in late 2010 and continues to this day was largely framed in terms of opportunities rather than risks. The prospect of democracy finally making headway in one of the most static regions of the… Read more >

Energy Security Risk Assessment: A Transatlantic Comparison

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Aki Kachi

The U.S. and West Germany once shared similar energy profiles and similar global energy challenges. Through the 1960s and in the beginning of the 1970s, with largely comparable energy mixes, they both saw themselves as vulnerable to oil shocks and in 1974, were both founding members of the International Energy Agency.  At… Read more >

Climate 2.0 – Can Geoengineering Make the World a Safer Place?

Sabrina Schulz

Wizardry to some, anathema to others, geoengineering—or climate engineering—is slowly encroaching on the territory of traditional climate policy. The Intergovernmental Panel on Climate Change’s (IPCC) next Assessment Report, due in 2013/14, will cover “the deliberate large-scale manipulation of the planetary environment”[1] as a potential strategy to counteract man-made climate change. Technological solutions… Read more >

Assessing Transatlantic Risks: The Erosion of Allied Solidarity

Ann-Kristin Otto

Approaching its summit in Chicago in May, NATO is desperately looking for a positive message to spread. But there’s little good news to be found on all major fronts. Intentions to paint a picture of success in Afghanistan while conducting its own withdrawal are being overrun by events on the ground.  The… Read more >

White, Grey, and Black (Euro) Swans: Dealing with Transatlantic Financial Risk in 2012

Matthias Matthijs

The idea that the euro crisis is over is hopeful at best, naïve at worst. It is far from over. We are actually at the beginning of a dangerous new phase of political uncertainty across the eurozone that could massively impact its financial markets. On the other side of the Atlantic, continuing… Read more >

New Ground for Cooperation: The Arab Spring as a Turning Point for EU-Turkey Relations

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rislam

Though politicians use the word “historic” in a fairly inflationary way, there is no better terminology for describing what the international community is witnessing in the Middle East and North Africa (MENA). The uprisings that are sweeping over the region astonished Western observers as they replaced an existent narrative. After the 9/11… Read more >