The European Union is moving to expand its Carbon Border Adjustment Mechanism (CBAM) beyond the basic carbon-intensive materials initially covered by the policy. On September 15, the European Parliament adopted a new position on proposed changes that would expand CBAM’s scope to a wider range of downstream steel and aluminum products as a means of preventing companies from circumventing the mechanism.

EuropeSophia CarpenitoOctober 20, 2026Climate, EU, trade, economics

Germany’s New Economic Era: How Berlin’s Fiscal Shift Could Redefine Europe

Germany, a country rocked by runaway hyperinflation a century ago during the Weimar Republic, has clung to fiscal conservatism for decades, illustrated in its hesitancy and reluctance to bailouts during the EU debt crisis in the 2010s. Now, facing economic stagnation and growing defense demands, Berlin’s September 2025 reforms mark a turn toward large-scale investment in infrastructure and security, reshaping both its domestic identity and its role in Europe.

French Pension Reforms Signal a Looming Crisis

While the pension’s present structure may have proven effective until now, France’s rapidly declining birth rates and aging population pose a challenge to its stability, as current trends would either necessitate an increase in the pension tax for future workers or decrease the quality of life for upcoming pensioners.