Energy

39 Items

teaser image

Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

Some Countries Believe Nicolás Maduro (left) is Still the President While Others are Backing Juan Guaidó (right)

Getty Images

Analysis & Opinions - METRO U.N.

Venezuela: Consequences

| Feb. 20, 2019

For years outside observers of Venezuela have followed the disastrous developments in the country under the leadership of Chavez and his successor Maduro with growing concern: the steep decline of the economy, growing violence and repression of human rights, the catastrophic living conditions of people without food or health care and the flight of 3 million Venezuelans into neighboring countries. The geopolitical implications of a growing influence of and indebtedness to China and Russia in addition to Cuba’s role in upholding the repressive regime created additional worries to Western governments. But reluctance to violate the principle of non-interference – always a particularly sensitive issue in Latin America – allowed the Venezuelan situation to deteriorate uninhibited over a long period.

David Miliband and Nicholas Burns

Benn Craig/Belfer Center

Analysis & Opinions - Future of Diplomacy Project, Belfer Center

Conversations in Diplomacy: David Miliband on the Global Refugee Crisis

| Apr. 13, 2017

David Miliband, President and CEO of the International Rescue Committee, discusses the drivers behind the displacement of over 65 million people and the changes that must be made to existing political and humanitarian systems in order to address the crisis on a global scale.

Nuclear reactors

AFP/LiveMint

Analysis & Opinions - Live Mint

India-US ties after the Westinghouse setback

| Apr. 10, 2017

Nuclear energy powerhouse Westinghouse Electric Co. filed for Chapter 11 bankruptcy on 29 March, with its parent company Toshiba writing off more than $6 billion in losses connected to its US businesses. Westinghouse was engaged in negotiations to build six AP1000 nuclear reactors in India as part of the landmark US-India civilian nuclear agreement. The bankruptcy filing raises fresh questions, not just about the fate of the reactors, but also about the future of the nuclear deal.

 

Dutch lawmaker Geert Wilders talks to reporters as he arrives at at Quicken Loans Arena before the start of the second day session of the Republican National Convention in Cleveland, Tuesday, July 19, 2016.

(AP Photo/Carolyn Kaster)

Analysis & Opinions - Project Syndicate

Putting the Populist Revolt in Its Place

| October 6, 2016

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

Prince Mohammed Bin Salman of Saudi Arabia

Wikimedia Commons

Analysis & Opinions - The Washington Post

A 30-Year-Old Saudi Prince Could Jump-Start The Kingdom - Or Drive It Off A Cliff

| June 28, 2016

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.