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Atlantic Council

Atlantic Council
The latest news and top stories on the Atlantic Council. A prominent Washington DC-based non-profit think tank, the Atlantic Council is dedicated to promoting constructive leadership and engagement in international affairs, particularly fostering transatlantic cooperation. Established in 1961, its primary mission involves galvanising US leadership and working with allies to address global challenges.
The United Arab Emirates said on April 28 it would leave Opec and Opec+ on May 1. Photo: EPA
Banking & finance

Macroscope | Mini-crises sparked by the Iran war may add up to a big collapse

From energy, inflation and trade to slowing global growth and investment uncertainty, these mini-crises have the makings of a massive crisis.

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United States

US and Nato in frustrating ‘marriage crisis’, Belgian defence minister says

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Nato

Nato considers end to annual summits to shield alliance from Trump

Banking & finance

Macroscope | The real reason stock markets are still flying high despite grave risks

For all the talk of market resilience, too much portfolio investment is chasing too few real-world investment areas.

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A trader works, as a screen broadcasts a press conference by US Federal Reserve chairman Jerome Powell following a rate announcement, on the floor of the New York Stock Exchange on March 18. Photo: Reuters
US, Israel war on Iran

Shifting Saudi ties: what role could China take after Iran war is over?

Caught between Washington and Tehran, Riyadh may shift towards self-reliance and diversifying partnerships, observers note.

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Banking & finance

Macroscope | Can World Bank and IMF leaders rescue a global economy on the brink?

By attacking Iran, the US has put the global economic order in jeopardy.

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The Philippines

Can Philippines become critical minerals powerhouse with help from US, Japan?

To curb China’s dominance in the sector, Manila has to cut red tape and fight corruption to draw US and Japanese investors.

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Nickel mining operations in the town of Cagdianao, Dinagat Island, the Philippines. Photo: Jeoffrey Maitem
United States

Trump lauds Beijing role in Iran truce, but clouds ceasefire with tariff threat

Markets rise on fragile pause in fighting, as Tehran keeps Hormuz shut and warns it may abandon deal if Israeli strikes on Lebanon continue.

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India

Pakistan steps in as Iran mediator while India watches from the wings

India’s ‘surprising’ silence on Iranian attacks amid uneasy ties with Tehran could affect its strategic relevance in the Gulf, analysts warn.

The Philippines

Why Philippines struggles to tap its US$1 trillion mineral wealth

Without a proper road map to grow its mining sector, the country remains a ‘second-tier mineral economy’.

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Nickel mining in southern Philippines. Analysts say a lack of a proper road map to realise the country’s mining potential is hindering its ambitions to grow the industry. Photo: Jeoffrey Maitem
Japan

Why plan by US and Japan to relocate Okinawa airbase is hitting turbulence

The US does not intend to vacate the current airbase for now due to disagreement over runway length at a replacement site, a report says.

Residential buildings are seen near US Marine Corps Air Station Futenma in Ginowan, Japan’s Okinawa prefecture. Photo: AFP
US-China relations

China may overtake US economically, still risk war in Taiwan Strait: survey

Most forecasters expect US military dominance to endure, even as many believe mainland China may try to seize Taiwan within a decade.

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Yuan

China keen to realise ambitions for digital currency amid slow uptake

Despite record transactions last year, most users prefer alternatives – while Beijing likely to maintain gradual expansion, analysts say.

China economy

Opinion | Talk of digital yuan challenging dollar dominance misses real power shift

China is merely building parallel capabilities. Whether the systems remain complementary or become competitive depends on how others respond.

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People walk past an e-CNY sign at the 2021 China International Fair for Trade in Services, in Beijing on September 5, 2021. Photo: Xinhua
China-India relations

Trump, Modi have ‘warm’ phone call – but 2025 unlikely to end with a trade deal

Even after calls for India to contribute more in the Indo-Pacific to counter China and deepen defence ties, Trump refuses to budge on trade concessions.

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US President Donald Trump and Indian Prime Minister Narendra Modi enjoyed a friendly phone call on Thursday, but a trade deal between the two countries is still some way off. Photo: AP
China-France relations

Macron bypasses EU in bid to boost France-China ties

French President Emmanuel Macron left Ursula von der Leyen in Europe, as European leaders sidestep the EU and seek to boost bilateral ties with China.

US-China relations

US lawmakers urge Trump to condemn Myanmar’s China-backed ‘sham’ elections

Call comes after government’s plan to stop legal protections for Myanmar nationals in US, citing elections as proof situation was improving.

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Americas and the Caribbean

Is the US preparing to invade Venezuela, or sabre-rattling to make a deal?

Largest Caribbean military build-up since the Cuban Missile Crisis leaves observers guessing if the US show of force is a prelude to action or a threat.

Venezuela’s President Nicolas Maduro delivers a speech while holding the Venezuelan independence hero Simon Bolivar’s ‘Sword of Peru’ during a military ceremony in Caracas on Tuesday. Photo: AFP
Ukraine war

Greece and Ukraine sign US gas supply deal amid Russian attacks

Greece will supply natural gas to war-battered Ukraine, via pipelines from the northern Greek port of Alexandroupolis to the Ukrainian port of Odesa.

US-China trade war

US ‘knocking on every country’s door’ as it races to secure rare earth supplies

Washington is determined to break China’s rare earths chokehold in case ties with Beijing fray once again, analysts say.

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China exports

Cuts to US ‘fentanyl tariffs’ help Chinese exporters gain on competition

Analysts said the reduction in US tariffs creates space for Chinese producers to gain on Asian competitors – particularly in low-cost goods.

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Cuts to US tariffs related to the drug fentanyl could provide an opening for China’s exporters to overtake their Asian competition. Photo: AP
US-China relations

Beyond a trade deal: will more Xi-Trump summits lead to new era of stability?

After the Biden presidency, the two leaders seek to chart a new course with more meetings and a focus on ‘bigger picture ideas’.

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US President Donald Trump and Chinese President Xi Jinping appear to have locked in a period of calm in bilateral relations following a highly anticipated summit in South Korea. Photo: Reuters
US-China relations

How are leading Western think tanks unboxing the Xi-Trump summit?

The Post looks at insights shared by analysts in the US and Europe after the leaders’ high-stakes meeting in South Korea.

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Israel

Is Israel’s ‘lessfire’ truce in Lebanon the model for Gaza?

Israel continues near-daily attacks in southern Lebanon, despite a ceasefire with Hezbollah taking hold 11 months ago.

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Venezuela

Trump calls off talks with Venezuela as US considers cartel targets on land

Relations between Venezuela and the United States have further deteriorated in recent weeks amid US accusations of drug trafficking.

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US Marines unload landing craft during a training exercise in Arroyo, Puerto Rico, on Tuesday. Photo: Reuters
US-China relations

TikTok deal: for US-China investments, is this a new normal or reciprocity risk?

Following Trump’s executive order on TikTok, Beijing urges Washington to provide a level playing field for Chinese investors.

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US President Donald Trump shows a signed executive order on a deal that would divest TikTok’s US operations from its Chinese owner, ByteDance, at the White House on Thursday. Photo: Reuters
Banking & finance

Macroscope | Beware of rising bond yields and falling markets

As markets greet the Fed rate cut with enthusiasm, long-term bond yields paint a much more alarming picture.

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War and conflict

Opinion | US attack on Iran shakes East Asia’s faith in non-proliferation norms

Amid the bombing of Iran, the region finds itself navigating a contested, multipolar nuclear order fraught with instability.

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