Nuclear Issues

Last May, Chinese solar panel manufacturer LONGi signed an agreement with Saudi trading company El Seif Group to establish large-scale solar manufacturing infrastructure in Saudi Arabia. The deal came several months after the Trump administration's imposition of global tariffs on imports of Chinese solar panels and cells.

If the intended aim of the new round of U.S. sanctions were to change Iran’s behavior, it already has. Just not the behavior the Trump team had in mind—Iran abandoning its pursuit of pro-market economic reforms. President Hassan Rouhani, who was elected twice, in 2013 and 2017, on a platform of liberal economic reforms, has piece by piece put aside his reform agenda. Because of the economic havoc wreaked by the re-imposition of U.S. sanctions, he finds himself in the odd position of overseeing price controls, punishing commodity hoarders, subsidizing imports of a variety of goods, including mobile phones, and has lost the most liberal members of his economic team

The attacks in Brussels last month were a stark reminder of the terrorists’ resolve, and of our continued vulnerabilities, including in an area of paramount concern: nuclear security.

The attackers struck an airport and the subway, but some Belgian investigators believe they seemed to have fallen back on those targets because they felt the authorities closing in on them, and that their original plan may have been to strike a nuclear plant. A few months ago, during a raid in the apartment of a suspect linked to the November attacks in Paris, investigators found surveillance footage of a senior Belgian nuclear official. Belgian police are said to have connected two of the Brussels terrorists to that footage.

The end of the year is a good time to consider the risks that lie ahead of us. There are of course important economic risks, including the mispricing of assets caused by a decade of ultra-low interest rates, the shifts in demand caused by the Chinese economy’s changing structure, and European economies’ persistent weakness. But the main longer-term risks are geopolitical, stemming from four sources: Russia, China, the Middle East, and cyberspace.

Although the Soviet Union no longer exists, Russia remains a formidable nuclear power, with the ability to project force anywhere in the world. Russia is also economically weak because of its dependence on oil revenue at a time when prices are down dramatically. President Vladimir Putin has already warned Russians that they face austerity, because the government will no longer be able to afford the transfer benefits that it provided in recent years.

As U.S. policymakers ponder the future shape of the Middle East, they should perhaps recall that the United States was opposed to the 1916 Sykes-Picot agreement, the famous “line in the sand” that is now said to be dissolving.

In the wake of the so-called Arab Spring of 2011, the political landscape has shifted dramatically in the Middle East and the wider Arab world. Many Arab countries — primarily Syria, Libya and Yemen — continue to face civil war, social unrest and governmental disarray. Even Egypt, Tunisia and Bahrain still continue to face civil disobedience by organized groups using terror to achieve their objectives. Directly in the midst of this turmoil sits Saudi Arabia, internally immune to such chaos, yet facing a long and developing list of regional issues as it takes up the security mantle of responsibility for an Arab world that is staring into the abyss of war and destruction.

Russia is violating Ukrainian sovereignty and international law by sending troops to seize communications, transportation, and governmental hubs on the Crimean peninsula. Soldiers violating borders to seize territory in Europe is a grave matter, reminiscent of a darker past that Europe has tried to escape.

What has Barack Obama's administration done to respond?

Amidst the weeping and gnashing of teeth from the Prime Minister’s office after the interim agreement on Iran reached in Geneva, it is appropriate to pause to ask how President Obama’s interim agreement actually measures up on Israeli Prime Minister Netanyahu’s chosen yardstick.