Science & Technology

Stephen Walt argues for a return to a realism-based U.S. grand strategy.

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

"Africa's economic diplomacy will be dramatically shaped by the Continental Free Trade Area (CFTA) negotiations that will conclude in 2017. This builds on the Tripartite Free Trade Area covering 26 countries with 650 million people and a GDP of US$1.5 trillion. The CFTA will comprise a billion people with an initial GDP of $3 trillion. The foundations of the agreement include free trade, infrastructure development and industrialisation. This is a grand opportunity that will shape Africa's relationships with the UK, Europe and the rest of the world."

Indian Prime Minister Narendra Modi traveled to Washington last week, making his fourth trip to the United States since taking office just two years ago. India and South Asia Program Fellow, Ronak Desai examines the strategic approach to India's relations with the United States.

This article considers a number of political explanations for gas policy and shows that it is usually the economic interests of big energy firms that frequently take precedence, although these are often ignored and hidden as factors.

New public information allows a fresh estimate of China's current and under-construction uranium enrichment capacity. This paper uses open source information and commercial satellite imagery to identify and offer estimates of the capacity of China's 10 operating enrichment facilities, located at 4 sites, using centrifuge technology most likely based on adapting Russian technology. The total currently operating civilian centrifuge enrichment capacity is estimated to be about 4.5 million separative work units/year (SWU/year), with additional capacity estimated to be about 2 million SWU/year under construction. Also China could have an enrichment capacity of around 0.6 million SWU/year for non-weapon military uses (i.e., naval fuel) or dual use. These estimates are much larger than previous public estimates of China's total enrichment capacity. Further expansion of enrichment capacity may be likely since China will require about 9 million SWU/year by 2020 to meet the enriched uranium fuel needs for its planned nuclear power reactor capacity of 58 gigawatts-electric (GWe) by 2020 under its policy of self-sufficiency in the supply of enrichment services.

On December 1, 2014, during a visit to Turkey, Russian President Vladimir Putin abruptly announced that Gazprom was cancelling the South Stream pipeline, which would have taken natural gas from Russia through the Black Sea to Bulgaria, and through Serbia, Hungary, and Slovenia to Austria. That same day, BOTAŞ, Turkey’s state-owned pipeline company, and Gazprom signed a memorandum of understanding for the construction of a new offshore gas pipeline named Turkish Stream, which would boast a capacity of 63 billion cubic meters (bcm) per year and would run from Russia, under the Black Sea, and on to the Turkish–Greek border. In the first phase of the project, starting in December 2016, Russia agreed to supply some 16 bcm to Turkey. In the second phase, the remaining 47 bcm would be delivered to the planned hub on the Turkish side of the Turkish–Greek border.