Jul 22, 2019Anne-Marie Slaughter & Elina Ribakova
show how the Trump administration has hastened the emergence of new global linkages that exclude the US.
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As the nominee to serve as the EU's next High Representative for Foreign Affairs and Security Policy, Spanish Foreign Minister Josep Borrell will have an opportunity to update Europe's approach to foreign policy. Chief among the challenges facing the bloc is to reassert its own sovereignty in an age of great-power politics.
In the early 1980s, the chairman of the US Federal Reserve, Paul Volcker, was able to choke off runaway inflation because he was afforded the autonomy necessary to implement steep interest-rate hikes. Today, the Fed is clearly under unprecedented political pressure, and it is starting to show.
