Energy

85 Items

Professor Nicholas Burns addresses the Versailles conference-goers

American University in Paris

Speech

Remarks by Ambassador (ret.) Nicholas Burns: Conference on Versailles 1919-2019

| May 25, 2019

I saw first-hand the value of our alliance with Europe on 9/11 when I was the new American Ambassador to the Alliance.  When we were hit hard in New York and Washington D.C., the allied Ambassadors came to me in Brussels that afternoon to pledge their support for us when we needed them most.  They pledged to invoke the alliance’s collective defense clause—Article 5 of the NATO Treaty—that an attack on one would be considered an attack on all.

teaser image

Analysis & Opinions - METRO U.N.

New Battleground? China-Europe vs. America-Europe

| May 15, 2019

The policies of the Trump Administration have produced an international alignment, which never existed before: China and Europe (EU) now find themselves on the same side in a global conflict where the American president attacks multilateralism, has withdrawn from major international trade agreements, has unilaterally imposed tariffs, and questioned the validity of the WTO.

Estonian Military Officer reading NATO at 70

Munich Security Conference

Analysis & Opinions - Economist

What NATO Needs To Do To Live To Its 100th Birthday

| Mar. 14, 2019

Yet as this special report has pointed out, NATO is also deeply troubled. Douglas Lute and Nicholas Burns, two former American ambassadors to NATO, say Donald Trump has “hurtled the alliance into its most worrisome crisis in memory.” The report, “NATO at Seventy,” sets out a daunting array of the challenges it faces.

Iran demonstrations 22 Bahman Iranian Revolution

Tasnim

Analysis & Opinions - Project Syndicate

The Islamic Revolution at 40

| Feb. 12, 2019

US President Donald Trump’s administration seems to hope that, with a nudge from sanctions, ordinary Iranians will rise up and overthrow the Islamic Republic. But the economic data do not support the view that the Iranian public has been driven into abject poverty since 1979, let alone that it is on the brink of revolting.

Secretary Pompeo Meets with Saudi Crown Prince Mohammed bin Salman

U.S. Department of State

Analysis & Opinions - Foreign Affairs

Saudi Arabia’s Empty Oil Threats

| Nov. 01, 2018

The brazen murder of Washington Post journalist and U.S. resident Jamal Khashoggi has elicited that rarest of reactions in contemporary U.S. politics: bipartisan consensus. President Trump’s administration, however, has adopted a notably restrained response thus far. US administration officials reportedly worry that by applying too much pressure on the kingdom, they could inadvertently “jeopardize plans to enlist Saudi help to avoid disrupting the oil market.” The Trump administration has been counting on Saudi Arabia, as the world’s swing producer, to increase its oil production to help offset the anticipated loss of Iranian supply come November 5, when sanctions lifted under the Iran nuclear deal are re-imposed. While Saudi Arabia does have the ability to impose costs on the United States if it is displeased by forceful action on the Khashoggi affair, Saudi threats to sabotage President Trump’s Iran policy through manipulating the oil market do not appear credible

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

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.

Iran Tehran Bazaar

Wikicommons

Analysis & Opinions - Foreign Affairs

Yes, Iran’s Economy Is Suffering—But It’s Not All About the U.S.

| Sep. 25, 2018

Although U.S. President Donald Trump has hurt the Iranian economy, the unexpected depth of the rial’s decline owes less to U.S. policy than to poor decision-making in Tehran and structural weaknesses in Iran’s economy. A proper understanding of the factors that deepened the crisis suggests that the country’s acute hardships may ease or disappear as Iran adjusts to the new situation. Iran’s foreign exchange market needs to be understood on its own terms in order to avoid the common mistake of equating the fall of the rial in the free market with economic collapse, rising poverty, and increasing protests that can weaken the regime.