Asia & the Pacific

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

Former U.S. Secretary of State Rex Tillerson offered his take on global leaders and hotspots, from Iran and Saudi Arabia to North Korea and Syria. He was joined by Professor Nicholas Burns, Professor James Sebenius and Professor Robert Mnookin.

By turning established diplomatic practice on its head and making an unscheduled stop to shake hands with Kim Jong Un in the DMZ, President Trump demonstrated his readiness to go the extra mile and beyond to meet the challenge his predecessor, Barack Obama, told him would define his presidency.

President Trump’s unconventional foreign policy appeared in disarray amid a series of setbacks around the globe and mounting signs that the president and his advisors were on the verge of losing several risky policy bets.