Asia & the Pacific

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

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."

Policymakers have long focused on preventing nuclear weapons proliferation by controlling technology. Even developing countries, however, may now possess the technical ability to create nuclear weapons. The history of gas centrifuge development in twenty countries supports this perspective. To reduce the demand for nuclear weapons, policymakers will have look toward the cultural, normative, and political organization of the world.

"But this one-sided approach — always opting to kill instead of capture — is a major weakness of America's current approach to counterterrorism. It deprives us of significant amounts of intelligence about what Al Qaeda is thinking and planning, and information that could help find other senior terrorists. After all, it was intelligence from a detainee that helped American forces track down Bin Laden."

This report marks the culmination of a two-year research project that examined all aspects of the mandate and operations of the International Atomic Energy Agency, from major programs on safeguards, safety, security, and the peaceful uses of nuclear energy to governance, management, and finance.

"The operation of Abbottabad was much better coordinated between the military and the CIA than was the unfortunate attempt, thirty years earlier, to rescue the hostages held by the Iranian "students" at the American Embassy in Tehran, during the presidency of another Democratic president, Jimmy Carter. Although the two operations were very different, they resembled each other in some aspects. Both represented military interventions in countries with which the United States was not at war. Also, in both cases, it was the CIA's responsibility to acquire intelligence on the internal situation in the country and prepare the groundwork for the intervention. As for the military, it was their responsibility in each case to carry out the attack."

The Winter 2011-2012 issue of the Belfer Center newsletter features news, analysis and insight by Belfer Center scholars on issues that include increasingly important info-tech policy challenges and the first U.S.-Russian joint threat assessment on nuclear terrorism. The Center’s deepening impact on defense policy is highlighted with an article about the recent appointments of Ashton B. Carter and Eric Rosenbach to senior Pentagon posts and a Q&A with Carter, the new deputy secretary of defense. Additional articles focus on issues ranging from the Palestinian bid for statehood to Calestous Juma’s role in Lagos’ launch of the first innovation advisory council in Africa.