Greece will rely more on gas as transition fuel

2020 ◽  
Keyword(s):  
Eastern Mediterranean ◽  
The United States ◽  
Domestic Demand ◽  
Energy Market ◽  
Short Term ◽  
Content Type ◽  
The Past ◽  
Strategic Trade ◽  
Domestic Energy ◽  
The Eu

Significance Over the past few months, the new Greek government under the leadership of Kyriakos Mitsotakis has demonstrated both its commitment to reforming the domestic energy market and its ability to engage regional partners in a dialogue on cooperation in energy policy. Its ambitious plan to transform Greece into a regional natural gas hub got off to a good start in 2020 with the signing of the landmark international Eastern Mediterranean (EastMed) pipeline agreement on January 3. Impacts If the economy recovers as expected, particularly industry, it should boost domestic demand for gas. In the short term, Greek reliance on Russian gas imports is expected to remain high. Rising volumes of US LNG imports will appease the United States, a strategic trade and military partner of the EU. Greece will strive to position itself as prominent LNG bunkering location in the Eastern Mediterranean.

Rethinking of Turkey’s Geopolitics together with Eastern Mediterranean. Turkish Perspective

2021 ◽  
Vol 705 (2) ◽  
pp. 45-66
Author(s):  
Arıboğan Deniz Ülke ◽  
Ibrahim Arslan
Keyword(s):  
Middle East ◽  
Raw Materials ◽  
Eastern Mediterranean ◽  
International System ◽  
The United States ◽  
The Past ◽  
Humanitarian Interventions ◽  
The Us ◽  
Transportation Accessibility ◽  
The Eu

In the studies carried out within the scope of geopolitical discipline, the expression "geography is destiny" is frequently used and it is claimed that geography has unchangeable, irreversible qualities and the policies implemented are shaped through this assumption. This assumption ignores the humanitarian interventions over the geography and makes it difficult to understand the results produced by these interventions at both regional and global level. Similarly, the dynamic nature of international relations reveals new actors in the international system in times of bounce and collapse, and the borders that expand or narrow with each transformation can differentiate the geopolitical view with new sovereign countries. In the historical process, transportation accessibility, trade, search for raw materials, security and alliance relations have caused the same geography to be interpreted differently in different periods. This situation also applies to the geography of Turkey had been the homeland of empires. The developments in the Middle East over the past two decades has created a sensitivity in the relations between Turkey and the West, especially the United States. Competing interests with the EU and the US in the Middle East and the Eastern Mediterranean, has necessitated a reassessment of Turkey's geography.

German diplomacy averts Greek-Turkish conflict for now

2020 ◽  
Keyword(s):  
United States ◽  
Eastern Mediterranean ◽  
The United States ◽  
Customs Union ◽  
Content Type ◽  
Common Position ◽  
The Eu

Significance The role of Germany, holder of the six-month EU presidency, has been crucial in averting war between Greece and Turkey. However, the EU has found it difficult to reach a common position on whether to impose sanctions against Turkish interests and has struggled to devise a clear strategy in the Eastern Mediterranean. Impacts Greece's military role in the Eastern Mediterranean will expand now that it is the most reliable US ally in the region. The EU will focus on a positive agenda with Turkey including the customs union and generous aid for migrants, at Germany's initiative. Greece will proceed with major arms purchases from France, the United States and other countries.

Washington will speed US energy export growth

2017 ◽  
Keyword(s):  
The United States ◽  
Energy Market ◽  
State Governments ◽  
Environmental Groups ◽  
Extraction Technology ◽  
Content Type ◽  
The Past ◽  
The Us ◽  
Gulf States ◽  
Market Consequences

Significance Over the past decade, US energy production has significantly increased through investments in infrastructure and new extraction technology, particularly fracking. This has helped the United States become less reliant on energy imports and its emergence as an energy exporter will have significant political and market consequences. Impacts Environmental groups will seek to use US courts and friendly state governments to oppose increased hydrocarbon development. US gas exporters will compete with Australian producers to supply Asian demand. Energy market stability concerns will maintain US security commitments to the Gulf states despite the US domestic supply uptick.

Domestic factors will weigh on Central Europe’s autos

2018 ◽  
Keyword(s):  
The United States ◽  
Consumer Confidence ◽  
Gdp Growth ◽  
Foreign Trade Policy ◽  
Short Term ◽  
Content Type ◽  
Car Industry ◽  
Investor Confidence ◽  
Per Capita ◽  
The Eu

Subject Central Europe’s car industry. Significance The uncertainty surrounding US foreign trade policy has created headwinds to growth for Central Europe (CE) and its automotive sector, even though CE auto exports are highly concentrated on the EU, and CE has only limited trade exposure to the United States. Business and consumer confidence is patchy among some of the fastest-growing economies in the region, such as Poland. Impacts CE auto production will be an important driver of economic growth in 2018-19; Slovakia has the highest per capita auto production globally. Robust GDP growth should help partly offset declines in business or investor confidence in the short term. However, the worsening price competitiveness of the car industry will be a concern.

Global demand dynamics will keep oil price low

2015 ◽  
Keyword(s):  
Economic Activity ◽  
The United States ◽  
Oil Price ◽  
Short Term ◽  
Content Type ◽  
Demand Growth ◽  
Global Demand ◽  
Oil Demand ◽  
Holding Back ◽  
The Eu

Significance This would feed an already oversupplied market, exacerbating the contango market structure, with prices for future delivery exceeding spot rates. Prices have not returned to their January low thanks to strong US demand, as consumers capitalise on lower prices. Elsewhere, the picture is weaker. OPEC expects global oil demand to grow by an average 1.17 million barrels per day (b/d) to 92.45 million b/d in 2015. Impacts The United States will be the leading contributor to projected OECD demand growth, as lower prices boost economic activity. Weaker-than-expected Asian demand and product stock-builds in the first quarter of 2015 will curtail demand ahead. The pace of China's imports will decelerate as its storage approaches its limits. India and Indonesia might have replaced China's demand volumes, but they have abolished subsidies, holding back demand growth. The EU is unlikely to support global demand growth, at least in the short term.

UK economic strategy could bring short-term results

2019 ◽  
Keyword(s):  
Free Trade Agreements ◽  
The United States ◽  
Short Term ◽  
Economic Strategy ◽  
Content Type ◽  
The Government ◽  
Fiscal Conservatism ◽  
Political Backlash ◽  
Economic Outlook ◽  
The Eu

Subject UK economic outlook. Significance The United Kingdom’s economic strategy under Prime Minister Boris Johnson signals a clear break with the fiscal conservatism of the last decade. In order to both boost productivity and growth, and address the political backlash against cuts to public services, the government has promised to implement significant spending increases and tax cuts. Impacts London's plans are to show the EU that it is ready for a no deal and opposition parties that the Conservatives are ready for elections. Extra borrowing will not cause significant market difficulties in the short term, even if there is a no-deal Brexit. A no-deal Brexit will increase significantly the pressure to strike free trade agreements with such countries as the United States.

Italy’s new coalition should give short-term stability

2019 ◽  
Keyword(s):  
United States ◽  
Immigration Policy ◽  
Democratic Party ◽  
The United States ◽  
Right Wing ◽  
Short Term ◽  
Content Type ◽  
Five Star Movement ◽  
Right Wing Populism ◽  
The Eu

Subject Italy's new government. Significance The threat of an immediate general election from which Matteo Salvini’s League would emerge at the head of a nationalist alliance appears to have been avoided. His former allies, the Five Star Movement (M5S), have shifted their alliance leftwards, going into government with the Democratic Party (PD) and the smaller Free and Equal party. The coalition should be more pro-EU and more fiscally responsible than its populist predecessor. Its durability, however, is very fragile. Impacts The new government will adopt a pro-EU stance when it comes to relations with such countries as Russia, China and the United States. The EU will likely be more accommodating towards Italy’s concerns with immigration policy, now that a pro-EU government is in Rome. The fall of the League is for now a blow to momentum for right-wing populism across the EU.

Italy's politics without policy: Balancing Atlanticism and Europeanism in the Middle East

Modern Italy ◽  
2008 ◽  
Vol 13 (2) ◽  
pp. 135-153 ◽  
Author(s):  
Raffaella A. Del Sarto ◽  
Nathalie Tocci
Keyword(s):  
Foreign Policy ◽  
Middle East ◽  
The United States ◽  
The European Union ◽  
Short Term ◽  
The Government ◽  
Specific Interests ◽  
Policy Shifts ◽  
The Eu

Focusing on Italy's Middle East policies under the second Berlusconi (2001–2006) and the second Prodi (2006–2008) governments, this article assesses the manner and extent to which the observed foreign policy shifts between the two governments can be explained in terms of the rebalancing between a ‘Europeanist’ and a transatlantic orientation. Arguing that Rome's policy towards the Middle East hinges less on Italy's specific interests and objectives in the region and more on whether the preference of the government in power is to foster closer ties to the United States or concentrate on the European Union, the analysis highlights how these swings of the pendulum along the EU–US axis are inextricably linked to a number of underlying structural weaknesses of Rome's foreign policy. In particular, the oscillations can be explained by the prevalence of short-term political (and domestic) considerations and the absence of long-term, substantive political strategies, or, in short, by the phenomenon of ‘politics without policy’ that often characterises Italy's foreign policy.

The international strength of the euro will grow

2021 ◽  
Keyword(s):  
Euro Area ◽  
Financial Services ◽  
Raw Materials ◽  
Domestic Demand ◽  
Content Type ◽  
The Us ◽  
Us Dollar ◽  
Strategic Autonomy ◽  
Geopolitical Risks ◽  
The Eu

Significance The proposals identified areas where the euro could potentially become more dominant, such as the issuance of green bonds, digital currencies, and international trade in raw materials and energy. Ambitions to enhance the international leverage of the euro are being driven by the aim to strengthen EU strategic autonomy amid rising geopolitical risks. Impacts Developing its digital finance sector would be an opportunity for the EU to enhance its strategic autonomy in financial services. Challenging the US dollar would require the euro-area to rebalance its economy away from foreign to domestic demand. Member state division will prevent the economic reconfiguration the euro-area needed to make the euro a truly global currency.

So you want to work in sports? An exploratory study of sport business employability

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
David J. Finch ◽  
Norm O'Reilly ◽  
David Legg ◽  
Nadège Levallet ◽  
Emma Fody
Keyword(s):  
United States ◽  
Emotional Intelligence ◽  
Labor Market ◽  
Exploratory Study ◽  
Design Methodology ◽  
Sport Management ◽  
The United States ◽  
Content Type ◽  
The Past ◽  
Analytical Thinking

PurposeAs an industry, sport business (SB) has seen significant growth since the early 2000s. Concurrently, the number of postsecondary sport management programs has also expanded dramatically. However, there remain concerns about whether these programs are meeting the demands of both employers and graduates. To address these concerns, this study examines the credential and competency demands of the SB labor market in the United States.Design/methodology/approachResearchers conducted an analysis using a broad sample of employment postings (N = 613) for SB positions from two different years, 2008 and 2018.FindingsResults support that a complex set of SB qualifications exist, and the credentials and competencies included in SB employment postings have evolved over the past decade.Originality/valueA noteworthy finding is that meta-skills are found to be particularly important for employability, including items such as communication, emotional intelligence and analytical thinking and adaptability.

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