In the midst of deep crisis, cooler heads rarely hold sway — at least in the public discourse. Thus it was that just a year ago, we heard from many experts — and joyous activists — that globalization was on its deathbed: The global economy was on the verge of a great and permanent unraveling. It was to be an inexorable and exact reversal of everything that defined the go-go globalization of the 1990s, replete with social and political unrest of the highest order. In effectively re-enacting the Great Depression of the 1930s, we even faced the incredible prospect of […]

The last few weeks have been disappointing ones for European diplomacy and energy politics, to say the least. At the beginning of April, Russia began construction of the Nord Stream pipeline, which will bring up to 55 billion cubic meters a year of additional Russian gas to Germany, bypassing non-EU transit countries as well as the Baltic republics and Poland. Moscow also began floating proposals for a joint-venture between Gazprom and Ukraine’s Naftogaz, raising the real possibility of Russian participation in the troublesome Ukrainian pipeline network. Although the EU initially opposed the two Russian initiatives, Brussels ultimately expressed acceptance. Its […]

For the first time since American and Soviet missiles silently faced off across the vast, icy expanse of their northernmost Arctic territories during the Cold War, the Arctic is again becoming a strategic concern. As global climate change forces both permanent and seasonal sea ice to recede, the world is gaining what amounts to a brand new ocean — one that has never been fished, rarely navigated, and has waters that are thought to be rich with natural resources. In 2009, the United States Geological Survey estimated that the Arctic contains over 90 billion barrels of oil, 1,669 trillion cubic […]

THIMPU, Bhutan — Nepal’s Prime Minister Madhav Kumar Nepal returned home from the 16th South Asian Association for Regional Cooperation (SAARC) summit in Bhutan on April 30 to face a political crisis in his landlocked Himalayan nation. On May 1, the country’s former prime minister, the Maoist leader Pushpa Kamal Dahal (popularly known as Prachanda), began an indefinite general strike aimed at bringing down Kumar Nepal’s government. The ostensible reason was the latter’s almost-certain inability to meet a looming May 28 deadline for a new constitution, part of the 2006 peace agreement that ended a decade-long Maoist insurgency. But a […]

Over the space of the next 5-10 years, Iraq’s political leaders must grapple with a series of deeply contentious issues that cut to the core of the design of the Iraqi state. Many of these divisive issues — such as the division of powers between the central government and the regions, control over the oil and gas sector, and the future status of disputed territories in northern Iraq — are intertwined, and relate in one way or another to the current and future status of the Kurds in Iraq. In the broadest sense, then, the “big picture” question facing Iraq […]