Economics & Global Affairs

46 Items

An F-35A Lightning II flies above the Mojave Desert

USAF/Public Domain

Analysis & Opinions - Bulletin of the Atomic Scientists

To Enhance National Security, the Biden Administration Will Have to Trim an Exorbitant Defense Wish List

| Mar. 13, 2024

David Kearn argues that even in the absence of restrictive resource and budgetary constraints, a focus on identifying and achieving concrete objectives that will position the United States and its allies to effectively deter aggression in critical regional flashpoints should be the priority given the stressed nature of the defense industrial base and the nuclear enterprise.

Houthi supporters attend a rally

AP/Osamah Abdulrahman

Analysis & Opinions - Foreign Affairs

Iran's New Best Friends

| Jan. 29, 2024

Mohammad Tabaar argues that the attacks on Red Sea ships unintentionally advance the Houthis agenda by allowing it to claim that it is fighting imperialism, and the attacks help Iran by fortifying its political foothold in the Middle East. Washington should therefore cease the strikes. It should, instead, work to halt the war in Gaza. The United States should also try to strengthen the region's diplomatic agreements and shore up its security framework. Otherwise, the Houthi-Iranian partnership will only grow stronger, as will Tehran's leverage in the region.

Analysis & Opinions - Bulletin of the Atomic Scientists

The Postponement of the NPT Review Conference. Antagonisms, Conflicts and Nuclear Risks after the Pandemic

The Bulletin of Atomic Scientists has published a document from the Pugwash Conference on Science and World Affairs concerning nuclear problems and tensions in the time of COVID-19. The document has been co-signed by a large number of Pugwash colleagues and personalities.

The Bavand, one of two stranded Iranian vessels, sits anchored at the port in Paranagua, Brazil on July 25, 2019. In defiance of U.S. sanctions, Brazil's top court ordered state oil company Petrobras to supply fuel to two Iranian vessels that were stranded off the coast of Parana state since early June (AP Photo/Giuliano Gomes).

AP Photo/Giuliano Gomes

Journal Article - Washington Quarterly

A Financial Sanctions Dilemma

| Winter 2020

Over the last two decades, there has been a dramatic increase in the popularity of financial sanctions as an instrument of US foreign policy to address security threats ranging from weapons of mass destruction (WMD) proliferation and terrorism to human rights violations and transnational crime. Washington’s policymakers have prized these tools for their ability to rapidly apply pressure against foreign targets with few perceived repercussions against American business interests. The problem, however, is that Washington is ignoring a growing tension between financial sanctions designed to support economic statecraft (with non-financial goals) and those designed to protect the international financial system. Confusing the two sends mixed signals to adversaries as well as allies and undermines US credibility and commitment to upholding international banking rules and norms. If Washington cannot reconcile these competing processes, it is unlikely that future administrations will enjoy the same foreign policy levers, leaving the United States at a significant disadvantage.

President Donald Trump, center, Canada's Prime Minister Justin Trudeau, right, and then-Mexican President Enrique Pena Nieto hold a joint news conference before signing a new United States-Mexico-Canada Agreement in Buenos Aires, Argentina on Nov. 30, 2018 (AP Photo/Martin Mejia).

AP Photo/Martin Mejia

Analysis & Opinions - Bulletin of the Atomic Scientists

Trump's Trade Policy May Deflate His "Maximum Pressure" Campaigns

| June 10, 2019

Although Trump did not outline his legal basis for imposing the tariffs, several analysts anticipated that he was seeking to use the authorities granted him under the International Emergency Economic Powers Act—the legal basis that presidents rely on to impose financial and economic sanctions against WMD proliferators, terrorist organizations, narco-traffickers, and human rights abusers. Mixing trade and immigration policy under the guise of a national security threat, however, may end up deflating Trump’s “maximum pressure” sanctions campaigns against Iran and North Korea.

Russian President Vladimir Putin, right, and Iranian President Hassan Rouhani attend a joint news conference

AP

Analysis & Opinions - Atlantic Council

US Pressure is Pushing Iran Closer to Russia and China

| Mar. 22, 2018

"...Iran's turn toward China and Russia leave the United States with less leverage for future negotiations on any issue, making it less and less likely for Iran to agree to cooperate with the United States or its allies. Thus, it is crucial to rethink these policies and come up with a more feasible plan."