Middle East & North Africa

Secretary of State Mike Pompeo’s most recent announcement on Iran policy has raised some eyebrows. He indicated on Monday morning that the Trump administration will not renew waivers to importers of Iranian crude and that other suppliers (meaning Saudi Arabia) have agreed to increase production in to ensure the global oil market remains well-supplied. Skeptics question whether — after last summer’s debacle — there is sufficient trust between Washington and Riyadh for this arrangement to work. What skeptics may not have digested is that, while timing remains a problem, this is a classic win-win situation. It is a near-perfect example of the very limited universe of occasions when transactional diplomacy could actually work.

Stephen Walt writes that the number of problems Americans need to address is growing and at an increasingly rapid rate. Issues such as climate change, refugees, changing labor markets, soaring deficits, violent extremists, privacy, shifting balances of power, etc. may outstrip the country's capacity to formulate workable solutions. Addressing such problems  successfully will require paying less attention to conditions abroad and more attention to domestic institutions.

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil”, “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

Stephen Walt writes that the future will be determined by a handful of big questions: What is China's future trajectory; How good are America's cybercapabilities; What's going to happen to the EU; How many states will go nuclear in the next 20 years; and Who will win the debate on U.S. grand strategy?

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil,” “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

Stephen Walt discusses Donald Trump's genuine insights about America's international problems. He then analyzes what went wrong.

If asked what will be the most consequential meeting this weekend in Argentina at the G-20, you might have a hard time making up your mind. You’d have good reason to choose a) the Trump-Xi bilateral. But b), the gathering to sign the new Nafta deal, could also go awry. If you are like me, you are relieved that c), the Trump-Putin meeting, is now off the table.

In “A Conversation with John Kerry” at the JFK Jr. Forum Tuesday, the former Secretary of State spoke about today’s challenges and the importance of actively tackling them and finding solutions.

President Donald Trump, convinced that he alone can break stalemates with adversarial counterparts on trade and security, will put his theory to the test in Argentina this week. Global markets and foreign capitals are eyeing him anxiously.