South Asia

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.

Frank O'Donnell describes how the strategic gains are even more enticing than the economic ones.

"Just as U.S. nuclear strategy and arsenal expansions affect those of China, China's nuclear shifts affect India's threat perceptions. Pakistan, in turn, pays close attention to any growth in Indian nuclear forces. To avoid a nuclear chain reaction in Asia, Congress should take a stand against proliferation and refuse to fund these new weapons programs."

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

"Even as Prime Minister Narendra Modi is forging closer ties with Washington, he is not budging from New Delhi's core positions on a climate change agreement or the Nuclear Liability Bill. Even when as an insurance pool of $250 million is being offered to nuclear suppliers, there seems to be very little possibility of scrapping the Liability Bill entirely for U.S. suppliers."

"India's woes should strike a warning for modern nations to invest in themselves and in the networks and infrastructure that unite their citizens. It's important to be a competent nation....It means that the lights go on, trains run on time, and a capital city — whether it is New Delhi or Washington, which suffered its own debilitating blackout last month — continues to function."

In the past two decades, at least two terrorist groups have made serious attempts at obtaining nuclear weapons or the nuclear material needed to make them. They won't be the last. Foiling terrorists willing to inflict unlimited damage requires the international community to prioritize the nuclear stocks that pose the greatest risks and take immediate steps to eliminate or secure them.

"The world's five original nuclear weapons countries have all suspended production of fissile materials for new weapons and are negotiating cuts in their nuclear arsenals. But one nuclear-armed nation is heading in the opposite direction."