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.

Dr. Ian Bremmer, expert in political risk and founder of the Eurasia Group, gave a seminar sponsored by the the Future of Diplomacy Project on Thursday, November 9 at the Harvard Kennedy School, titled “Managing Risk in an Unstable World."

Putin and his government seek respect, stability from next U.S. administration, panel says.

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.