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Is Europe in danger of losing its sovereignty?

Is Europe in danger of losing its sovereignty?

It used to be that a country's sovereignty – its ability to do what it wants at home and abroad – depended mostly on military or economic clout. But in the digital age, when the ability to make sense of massive amounts of data will increasingly determine economic and military might, that's changing.


For the EU in particular, that's a problem: The world's largest economic bloc doesn't have anything comparable to Silicon Valley, whose massive digital companies lord over the data of billions of people and are poised to lead the next wave of digital innovation. Meanwhile, its companies in the US and East Asia make much of the physical hardware, like semiconductors, that powers the digital economy. Long-term, there's a risk that Europe could be cut off from key technologies in a crisis or end up overly dependent on tech companies in countries that might not always share Brussels' values on privacy and human rights.

Ursula von der Leyen, the incoming president of the European Commission, wants that to change. She's making a big push for "technological sovereignty" during her upcoming 5-year term. How?

First, by saying "no" to foreign tech giants that want access to Europe's lucrative market of 400-million consumers without respecting privacy rights. Brussels has had some success here: its strict data protection laws have already forced some of the world's biggest websites to conform their data practices to EU laws.

But being a regulatory superpower isn't enough. Europe also needs to ensure that its companies can compete in the digital age. Consider Europe's vitally important car industry, where the increasingly complex software that makes vehicles run will soon be more valuable than the rest of the car's parts combined. If one of Europe's most vital industries ends up beholden to foreign tech companies, its technological sovereignty will be in question.

Still, shoring up tech sovereignty won't be easy. The US and China aren't going to look kindly on attempts to rein in Silicon Valley. The US has already threatened tariffs in response to France's move to slap a tax on big digital firms, arguing that Paris unfairly singled out US tech companies. Uncle Sam isn't going to take other aggressive regulation from Brussels lying down. And trying to shut out Chinese 5G suppliers in order to give European manufacturers a leg up might stoke anger in Beijing.

What's more, the EU is actually 28 (ok, soon 27) countries who themselves don't all agree on questions about privacy regulation or how best to foster European technology champions. When Brussels comes asking them to change their views, they may refuse, citing their own...sovereignty.

Khant Thaw Htoo is a young engineer who works in Eni's Sakura Tower office in the heart of Yangon. As an HSE engineer, he monitors the safety and environmental impact of onshore and offshore operations. He also looks out for his parents' well-being, in keeping with Myanmar's traditions.

Learn more about Khant in the final episode of the Faces of Eni series, which focuses on Eni's employees around the world.

On his first day as president, Joe Biden signed a remarkable series of executive orders. Boom! The US rejoins the Paris Climate Accord. Bang! The United States rejoins the World Health Organization. Pow! No more ban on immigration from many Muslim-majority countries. Biden's press secretary reminded reporters later in the day that all these orders merely begin complex processes that take time, but the impact is still dramatic.

If you lead a country allied with the US, or you're simply hoping for some specific commitment or clear and credible statement of purpose from the US government, you might feel a little dizzy today. The sight of an American president (Barack Obama) signing his name, of the next president (Donald Trump) erasing that name from the same legislation/bill, and then the following president (Biden) signing it back into law again will raise deep concerns over the long-term reliability of the world's still-most-powerful nation.

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"There needs to be a dramatic and deep reduction in the amount of debt on the poorest countries. That's clear." As the world's poorest nations struggle to recover from a devastating pandemic, World Bank President David Malpass argues that freeing them of much of their debt will be key. His conversation with Ian Bremmer is part of the latest episode of GZERO World.

Listen: Renowned tech journalist Kara Swisher has no qualms about saying that social media companies bear responsibility for the January 6th pro-Trump riots at the Capitol and will likely be complicit in the civil unrest that may continue well into Biden's presidency. It's no surprise, she argues, that the online rage that platforms like Facebook and Twitter intentionally foment translated into real-life violence. But if Silicon Valley's current role in our national discourse is untenable, how can the US government rein it in? That, it turns out, is a bit more complicated. Swisher joins Ian Bremmer on our podcast.

Ian Bremmer discusses the World In (more than) 60 Seconds:

Biden's first scheduled call with a world leader will be with Canada's Justin Trudeau. What's going on with the Keystone Pipeline?

Well, Biden said that that's it. Executive order, one of the first is that he will stop any construction or development of the Keystone Pipeline. This is of course an oil pipeline that would allow further oil sands oil to come to the United States. The infrastructure is significantly overstretched, it's led to backlogs, inefficiency, accidents, all the rest, but it also facilitates more energy development and keeps prices comparatively down if you get it done. So, there are lots of reasons why the energy sector in Canada wants it. Having said all of that, Trudeau, even though he's been a supporter of Keystone XL, let's keep in mind that he did not win support in Alberta, which is where the big energy patch in Canada is located. This is a real problem for the government of Alberta, Canada is a very decentralized federal government, even more so than the United States. The premier of Alberta is immensely unhappy with Biden right now, they've taken a $1.5 billion equity stake in the project. I expect there will actually be litigation against the United States by the government of Alberta. But Trudeau is quite happy with Biden, his relationship was Trump was always walking on eggshells. The USMCA in negotiations ultimately successful but were very challenging for the Canadians, so too with the way Trump engaged in relations on China. All of this, the fact that Trump left the nuclear agreement with Iran, the Paris Climate Accords, WHO, all of that is stuff that Trudeau strongly opposed. He's going to be much more comfortable with this relationship. He's delighted that the first call from Biden is to him. And it certainly creates a level of normalcy in the US-Canada relationship that is very much appreciated by our neighbors to the North.

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The GZERO World Podcast with Ian Bremmer. Listen now.

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