Table.Briefings

Feature

Canada: Carney prevents climate rollback, but oil and gas remain dominant

Mark Carney's election victory in Canada prevents a drastic rollback of climate policy. However, numerous hurdles prevent greater ambitions. Canada's new climate target is not overly ambitious, and the oil and gas sector has strong supporters in the provinces. Moreover, Carney only heads a minority government and must constantly seek new majorities in parliament.

By Nico Beckert

yuan dollar

Trade without the dollar: Where Beijing's dream stumbles

China continues to push ahead with the internationalization of its national currency. The US tariff policy plays into the country's hands. Beijing now stands to gain a significant victory in the geopolitical rivalry with the Americans.

By Marcel Grzanna