The Business Times
business-time-50

Transatlantic ties are topsy-turvy under Biden

google-preferred-sourceAdd BT as a preferred source
    • European Commission President Ursula von der Leyen and Ukraine's President Volodymyr Zelenskiy. The best case scenario for Ukraine, as von der Leyen has set out, is that recent US political dramas only delay, not totally derail, US financial support for Kyiv, with the challenge just a question of “timing” for Washington.
    • European Commission President Ursula von der Leyen and Ukraine's President Volodymyr Zelenskiy. The best case scenario for Ukraine, as von der Leyen has set out, is that recent US political dramas only delay, not totally derail, US financial support for Kyiv, with the challenge just a question of “timing” for Washington. PHOTO: REUTERS

    Andrew Hammond

    Published Mon, Oct 16, 2023 · 05:02 PM

    THE English term ‘topsy-turvy’, coming from the phrase ‘upside down’, is a potentially apt description of Europe’s relations with the United States under the Biden administration, as Washington and Brussels prepare for a summit this Friday (Oct 20).

    To be sure, transatlantic ties with the US have improved dramatically, overall, since the end of the Trump presidency with significant cooperation, for instance on defence and security issues, such as the Ukraine war.

    However, there have been significant tensions in some policy areas, including over the US Inflation Reduction Act (IRA).

    US-Europe relationsUS foreign policyInflation Reduction Act

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More