US

“With broad-based opposition to the 1,239-kilometer (770-mile) pipeline in the U.S., German hopes that the president-elect will reverse sanctions may be misplaced. The friction is contributing to an array of issues fraying ties between Germany and the U.S., pushing Europe to chart its own course.” – by Jonathan Tirone and Brian Parkin

“Donald Trump becomes the first one-term president in more than 25 years. He is fighting the outcome in court.”  Joe Biden has won the presidency, toppling Donald Trump after four years of upheaval in the White House.

“With German-American relations at their lowest ebb since World War II, McCain’s frustration with German policy offers a reminder that the American transatlantic establishment’s exasperation with Germany runs deep and is bipartisan. Trump’s outrageous taunts have prompted many Germans to forget that Barack Obama also pressured Berlin to spend more on defense.” – by Matthew […]

“The EU has been handed the right to hit almost $4bn-worth of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, leading Brussels to ramp up calls for a final settlement to the two sides’ 16-year aircraft dispute.” – by Jim Brunsden, Peggy Hollinger and Aime Williams

“The coronavirus crisis is having a profound and lasting effect on the global economy, with the vast majority of countries expected to get back to their 2019 level of economic output only in 2022.” – by Eldar Vakhitov

“If Donald Trump loses the United States presidential election in November, he will ultimately be seen to have left little mark in many areas. But in the US’s relationship with China, the decoupling of economic links could continue, and that could force Europe into hard choices.” – by Jean Pisani-Ferry

“The U.S. stepped up pressure on Germany and France with extra tariffs on some of their goods, a move designed to squeeze the European Union into settling a long-running dispute over illegal subsidies to Airbus SE.” – by Brendan Murray and Jenny Leonard

“Germany is preparing to strike back against the U.S. if President Donald Trump follows through on his threat to kill off the Nord Stream 2 gas pipeline with additional sanctions.” – by Patrick Donahue and Brian Parkin

“A new proposal to clarify and expand U.S. sanctions on the Nord Stream 2 pipeline has been just introduced in the U.S. Senate. Spearheaded by Senators Ted Cruz (R) and Jeanne Shaheen (D) the bill has a rare bipartisan support. If expanded, the sanctions would impact all pipeline laying activities as well as companies that provide […]

“So far in 2020, the pace of corporate bankruptcy filings in the U.S. has already surpassed every year since 2009, the aftermath of the global financial crisis, Bloomberg data show.” – by Eliza Ronalds-Hannon, Katherine Doherty, and Davide Scigliuzzo