Frantic speculation about the end of the American century is idle. What matters is the facts, which spell out progressive, and inexorable, integration across much of the world
Crucial developments in Washington, Brussels, Virginia and St. Petersburg these last few days may offer us serious clues on where we are now heading – geopolitically and geoeconomically.
Let’s start with a neo-apocalyptic stream of analysis ruling that President Trump pulling out of the Paris climate accords has plunged the West into a conflict deeper than any since WWII.
What was described as a “historic blunder” by one of the negotiators of the Paris accords also managed to draw a powerful rebuke – and in English, too – from French President Emmanuel Macron.
German chancellor Angela Merkel, at the G7 in Taormina, had already warned Trump that “the field would be left to the Chinese” in case of a US pull out.
And indeed that came as a heavenly PR coup for Chinese Premier Li Keqiang, who met with Merkel in Berlin and a gaggle of Eurocrats in Brussels.
China is the EU’s second-biggest trading partner after the US. A joint communiqué – their first ever on public policy – at the China-EU summit declared climate change “an imperative more than ever.” Beijing and Brussels pledged to cut back on fossil fuels, develop additional green technology, and help raise US$100 billion a year by 2020 to help the Global South cut emissions.