Middle East & North Africa

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.

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

This article argues that cyberthreats are not fundamentally different from other asymmetric threats, and it provides a conceptual model for developing a response by drawing on classic principles of military strategy, the "four Ds"— Detection, Deterrence, Defense, and Defeat—as well as resilience (the little "r"). The authors offer a model for how countries can create policies addressing each of these principles that will enhance the security of national cyber systems.

David H. Petraeus, retired four star general and former CIA director, testified before the House Armed Services Committee on "The State of the World," Feb. 1, 2017 

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