Faced with the risk of losing investments in the technologies of the future, due to subsidies that its global competitors are pumping into their economies, the European Union is forced to rethink its industrial policy.

The United States and Europe risk entering into a subsidy war, each trying to support the competitiveness of their economies… their market economies… with public money. Meanwhile, member states expect from Brussels solutions that will allow them to remain relevant in a world where interventionism is the order of the day.

In a typically French move, France's top lawmakers are refusing to side with the United States and single out China's TikTok.

A debate with Simon Tay, Chairman of the Singapore Institute of International Affairs (SIIA), Associate Professor at the National University of Singapore, and Singapore’s Ambassador to Greece.

Barriers being put up by the US, China and the EU could hinder scientific progress at a time when it is most urgently needed, according to OECD’s latest report on the global R&D outlook.

The Iranian government claimed last week it had found a new deposit of lithium in the Hamedan province, worth 10% of all global lithium resources, but experts say this marks no shift in EU-Iran diplomatic ties.

The invasion of Ukraine by the Russian Federation and consequent supply chain disruptions in the energy sector have exposed critical vulnerabilities in the European Union’s broader strategic autonomy agenda and bolstered efforts at lessening strategic dependency on third states in a variety of areas , from raw materials, batteries and active pharmaceutical ingredients to hydrogen, semiconductors, and cloud and edge technologies.

The United States are ramping up its efforts to deny China access to the most advanced semiconductors powering smartphones, personal computers and the latest generation of supercomputers. 

French President Emmanuel Macron will visit Prime Minister Mark Rutte in The Hague on Monday evening. He mainly hopes for Rutte's support for a European rebuttal to Biden's protectionist green industrial policy.