News Snapshot:
The new agreement between the US and Germany was supposed to show the West was united behind American leadership across the globe. Instead, the deal lays bare the emerging fault lines in a rapidly changing multi-polar world. Clothed in the usual unifying language of upholding common values and confronting Russia, the pact was published last week to great fanfare and harsh criticism at the same time. The US agreed to give its “permission” for the gas pipeline, in exchange for concessions from Germany. Berlin has committed to a one-off payment of $175 million to fund Ukraine’s transition to greener energy,...
