Tag

Economic Security

All articles tagged with #economic security

AI Governance in a Global Race: Balancing Security, Jobs, and Innovation
policy15 days ago

AI Governance in a Global Race: Balancing Security, Jobs, and Innovation

Foreign Affairs argues that governing AI requires navigating a three-way tradeoff among national security, economic competitiveness, and societal safety. It rejects the idea of a rapid “singularity” and urges deliberate policy that weighs practical tradeoffs, not idealized extremes. The piece proposes two main compromises: (1) a modest AI safety “risk tax” that nudges private labs to invest in safety research, funded in part by tax credits and bolstered by public–academic collaboration; and (2) a stronger government data and oversight framework (CAISI) with the power to veto dangerous releases and to curate public data, enhancing societal safety while limiting short-term economic costs. It also argues for a targeted approach to open-weight models and envisions a possible global nonproliferation path for AI, saying policymakers should embrace tradeoffs rather than the do-nothing option.

Pax Silica: The U.S.-Led Drive to Guard AI’s Global Supply Chain
world1 month ago

Pax Silica: The U.S.-Led Drive to Guard AI’s Global Supply Chain

The Trump administration is pushing Pax Silica, a U.S.-led effort with six allies (Israel, Singapore, Japan, South Korea, Australia, and the United Kingdom) to secure the global AI and tech supply chain—from minerals and energy to semiconductors and logistics—citing China’s dominance in rare earths and Belt and Road influence. Qatar and the UAE are expected to join, with talks underway with the EU, Canada, and Taiwan. The plan rests on four pillars: rebalancing trade, reindustrializing America, securing supply chains, and stabilizing conflict zones through economic tools, all aimed at reducing China’s leverage in AI and technology.

EU unveils new strategy to bolster economic security amid China-related risks
world3 months ago

EU unveils new strategy to bolster economic security amid China-related risks

The European Commission and High Representative announced a new strategic approach to bolster Europe's economic security by proactively addressing risks, reducing dependencies, and enhancing coordination with member states and partners, with a focus on critical sectors and technologies to ensure resilience and openness in global trade.

US-China Trade Tensions Rise Amid Tariff Threats and Market Volatility
world4 months ago

US-China Trade Tensions Rise Amid Tariff Threats and Market Volatility

US Trade Representative Greer indicated that additional tariffs on Chinese exports depend on China's actions, with ongoing staff-level talks aiming to resolve disputes over critical minerals and trade restrictions. The US is considering tariffs starting November 1, but a meeting between Trump and Xi Jinping is still scheduled, highlighting ongoing tensions and negotiations in the US-China trade war.

India and Japan Strengthen Ties with Infrastructure and Investment Initiatives
world6 months ago

India and Japan Strengthen Ties with Infrastructure and Investment Initiatives

Indian Prime Minister Narendra Modi visited a chip factory in Japan and discussed strengthening semiconductor supply chains and economic ties with Japan, including a target of $68 billion in private investment over 10 years, as part of broader cooperation on technology, energy, and strategic partnerships amid shifting geopolitical dynamics.

EU-China Trade Tensions Escalate Amid Looming EV Tariffs
international-trade1 year ago

EU-China Trade Tensions Escalate Amid Looming EV Tariffs

The EU is divided over how to manage economic ties with China, with France advocating for strong industrial policies and protective measures, while Germany and other free-trade proponents prefer market-driven competition. The debate centers on an EU investigation into Chinese electric vehicle subsidies, which could lead to higher import duties and potential trade wars. The issue has become politically sensitive, with a decision likely postponed until after the European Parliament elections. The broader discussion includes proposed economic security strategies and export controls, with businesses and member states expressing varied opinions on the best approach.

economics2 years ago

"The Darkening of America's Economic Security Doctrine"

The United States' economic security doctrine has taken on a darker hue, as the country grapples with challenges such as rising inequality, geopolitical tensions, and the impact of the Covid-19 pandemic. This shift in economic policy reflects a growing focus on protecting critical industries, supply chains, and technological innovation, as well as addressing national security concerns in the context of the global economy.

MacKenzie Scott's $2.1 Billion Philanthropic Gifts: Revealing the Beneficiary Groups
philanthropy2 years ago

MacKenzie Scott's $2.1 Billion Philanthropic Gifts: Revealing the Beneficiary Groups

Philanthropist MacKenzie Scott donated $2.1 billion to 360 organizations, including Mercy Housing, Upstream USA, and Year Up. The announcement was brief compared to previous years, but the gifts align with Scott's focus on economic security, education, equity, and health. Many donations went to housing organizations, including the San Francisco Community Land Trust, which received a $20 million gift. Scott's giving is "unprecedented" as she provides unrestricted donations, benefiting smaller nonprofits and allowing them to change their fundraising strategies. Other donors are not following her lead in making large, unrestricted grants.

EU Leaders Seek Economic Security and Address Key Issues at Granada Summit
international-relations2 years ago

EU Leaders Seek Economic Security and Address Key Issues at Granada Summit

European Union leaders have resolved to enhance the bloc's competitiveness, prioritize green and digital technologies, and reduce reliance on third countries, particularly China. The leaders emphasized the need to strengthen the single market, decrease external dependencies in critical sectors, and invest in research and skills. The EU plans to assess potential risks to economic security related to advanced technologies and consider tighter control of exports. Discussions will also focus on harmonizing national security policies and determining the level of openness to foreign companies in European markets.