‘Russian invasion has failed’ + Climate policy on shaky ground + Investment in China despite risks

“The Russian invasion has failed” – at least that is what European Commission chief Ursula von der Leyen and UK Prime Minister Liz Truss said after a meeting at the United Nations General Assembly in New York on Wednesday. President Vladimir Putin’s decision to order a partial Russian mobilization for the fight in Ukraine was a sign of weakness, they said. Putin’s announcement prompted EU foreign ministers to hold an emergency meeting on Wednesday to discuss new sanctions and arms deliveries to Kyiv. Speaking with Ella Joyner, Michael Gahler, foreign policy spokesman for the EPP Group, explains how he interprets Putin’s announcement and what he believes the West needs to do now.

Will the climate goals of the German government soon fall victim to high energy and food prices? The plan is already to postpone the increase of the national carbon price in the Fuel Emissions Trading Act by one year. Climate strategy plans are also shaky at the European level. Lukas Scheid analyzes what impact this will have.

China welcomes foreign investors – and they are coming, despite the rising market risks. For German companies, in particular, the growth in China is tempting. But how long will it last? China is catching up, wants to become the market leader itself, and will in all likelihood replace foreign companies at some point. My colleague Nico Beckert talks about dependencies, tensions and investment opportunities on the Chinese market.

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Lisa-Martina Klein