Briefing Archive

U.S. President Barack Obama’s announcement of $20 million in financing for private investment in Caribbean clean energy projects at a meeting yesterday with the region’s leaders in Kingston, Jamaica, comes at a good time: After a lost decade, during which easy access to cheap Venezuelan oil undermined incentives to seek alternative sources, the Caribbean now faces long-deferred decisions on how it sources and uses energy. The slump in global oil prices has hit Venezuela’s economy hard, threatening its Petrocaribe trade program, established by the late Venezuelan President Hugo Chavez in 2005 to sell subsidized oil and diesel to the group’s […]

Gabon hardly ever makes headlines outside of the French-language press, so it’s little surprise that the storm brewing over this small, oil-rich country on the west coast of Central Africa for the past few months has received little attention. Yet all indicators point to political turbulence ahead in the run-up to Gabon’s next presidential election, which is scheduled for mid-2016, given a series of protests and strikes, including a teachers’ union strike that has paralyzed Gabon’s education system since February. The growing social unrest has affected Gabon’s economy, with its health, petroleum and telecommunications sectors all feeling the impact; in […]

On April 1, U.S. President Barack Obama signed an executive order expanding Washington’s ability to deter cyberattacks, by empowering the government to apply financial sanctions on hackers and companies overseas that benefit from cyber-espionage. The directive authorizes the secretary of the treasury, in consultation with the attorney general and secretary of state, to impose sanctions on individuals and entities that he determines are responsible for, or complicit in, malicious cyber-enabled activities that may constitute a threat to U.S. national security, foreign policy, economic health or financial stability. The measure was no April Fool’s Day joke. Indeed, it reflects a move […]

The city of El Alto, Bolivia, should be a stronghold for President Evo Morales and his Movement Toward Socialism (MAS) party. Perched on the Andean Plateau above its sister-city La Paz, the sprawling, fast-growing El Alto is considerably poorer and more indigenous than the capital. Almost three-quarters of its almost 1 million inhabitants are, like Morales, ethnically Aymara, and in the past voters have supported the president and other MAS candidates by large margins. On March 29, however, things took a turn in regional elections as the party lost dramatically in both the El Alto mayoral and the La Paz […]

The framework agreement announced last week by Iran and the P5+1 states—the United States, Britain, France, Russia, China and Germany—on how to regulate Tehran’s nuclear enrichment program faces many obstacles before it can be finalized as a formal accord by the self-imposed June 30 deadline. To survive the onslaught of spoilers on all sides, however, the permanent deal will need to be sound not only on the technical level, in terms of the verifiable limits it places on Iran’s nuclear enrichment capability, but also on the political level. Nevertheless, the successful outcome of the talks in Lausanne, Switzerland has revived […]

After a six-week election delay in February, Nigerians went to the polls last weekend. To the surprise of many, they voted out an incumbent, President Goodluck Jonathan, who faced growing criticism for failing to address corruption, poverty and the threat of the militant Islamist group Boko Haram. Jonathan was defeated by 72-year-old Muhammadu Buhari, a retired general who led a successful military coup in 1983 and, more recently, was runner-up in the previous three presidential elections. Buhari’s decisive victory, which relied on substantial support from northern and southwestern Nigeria, was the first electoral defeat of an incumbent president in Nigerian […]

On March 11, French Defense Minister Jean-Yves Le Drian unveiled an updated version of the Military Programming Law for 2014-2019, a five-year blueprint for the country’s force structure and defense budget that will be debated in Parliament in June. As part of the revised law, previous plans to reduce the armed forces have been walked back, with the government announcing new investment to meet persistent threats at home and abroad. However, in a climate of stagnant economic growth and austerity-driven fiscal constraints, doubts persist about how sustainable this approach is. Le Drian’s announcements are a direct consequence of the Charlie […]

Singapore’s founding prime minister, Lee Kuan Yew, transformed the island from a tiny third-world country in 1965 into a first-world city-state that is now one of the world’s most prosperous, least corrupt and best-educated societies. Yet after Lee’s death earlier this month on the 50th anniversary of the republic’s founding, questions remain about the durability of his legacy. While changes have been afoot in Singapore, particularly since Lee retired from politics in 2011, they are likely to develop into larger challenges as the city-state’s economic constraints become clearer and its politics more competitive amid growing regional and global uncertainties. Domestically, […]