Nuclear Issues

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

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.

"In the dark days at the turn of the year, all but a few bits of U.S.-Russian cooperation to strengthen nuclear security in Russia came to a halt.  No longer, for now at least, will U.S. experts work with counterparts at major Russian nuclear facilities to implement better means to prevent insiders from stealing fissile material, or to improve accounting, so a theft would be quickly detected..."

Last fall, experts from around the world gathered to identify ways to strengthen nuclear security cooperation between the United States and Russia and the United States and China. In this Policy Brief, Nickolas Roth summarizes that conversation and provides policy recommendations based on it.

"The United States is overestimating its leverage with sanctions in negotiating a nuclear agreement with Iran—a gamble bound to fail. A second deadline has slipped without a comprehensive agreement between the P5+1 and Iran, and hawkish rhetoric in the U.S. underscores a growing pessimism for successful negotiations by the next deadline in June 2015. Calls to strengthen sanctions highlight waning Congressional support for the talks, and buttress a narrow and unrealistic narrative that economic deprivation will force concessions. Any new sanctions, especially those proposed under the draconian Nuclear Iran Prevention Act, threaten to derail negotiations while providing cannon fodder for Iran’s hardliners..."