Energy

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.

On 24 and 25 November 2016 experts from politics and academia, including FDP Executive director Cathryn Clüver, discussed the impact of Brexit on several policy areas in a series of workshops at the Hertie School of Governance in Berlin. All events took place under Chatham House rules.

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

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.

With the United States and China expected to be the two dominant powers in the twenty-first century, it is essential that they actively manage their relationship to avoid military conflict, a group of distinguished Chinese and American scholars said at a major conference in Washington, D.C. The scholars—from Harvard Kennedy School, the Chinese Academy of Social Sciences and elsewhere—have worked together for more than two years to create a blueprint for a new relationship between the two countries.

BEIRUT -- This week’s sixth anniversary of the September 11, 2001 attack on the United States sees the top American military and diplomatic officials in Iraq speaking to the US Congress about American strategy in Iraq. The juxtaposition is noteworthy: Six years ago, a small band of Al-Qaeda militants attacked the United States and killed some 3000 people. Today, an army of over 160,000 American troops wages a war in Iraq that has seen tens of thousands of people killed since 2003. Neither policy makes much sense to anyone in the world, other than to those fanatics on both sides who decided to pursue these actions.