Global Challenges

3 February 2015

Promises of High-Level Talks on Korean Reunification

Disasters and political scandals dominated South Korean politics in 2014. And hopes for progress on North–South relations on the Korean peninsula were left unfulfilled. Disasters and political scandals dominated South Korean politics in 2014. And hopes for progress on North–South...

30 January 2015

Kazakhstan: Measuring the Northern Aral’s Comeback

The water level continues to rise in the Northern Aral Sea thanks to the Kokaral Dam and 13-kilometer dike at the southern edge of the recovering lake. As the northern part of the Aral Sea, once the world’s fourth-largest lake,...

30 January 2015

Does the UN Need a New Approach Toward North Korea?

The UN needs a new strategy to address human rights violations in North Korea: a strategy that goes beyond a simplistic dichotomy of good versus bad and right versus wrong. The UN needs a new strategy to address human rights...

29 January 2015

What’s Wrong with Europe’s Silicon Valley?

Silicon Valley has become a synonym for innovation and, with its ecosystem of super-moneyed venture capitalists, it is world renowned as a hub for new products and software. Europe meanwhile has struggled to produce the likes of Facebook, Amazon or...

24 January 2015

The Threat of International Cyber Hacking

China and the US are entering a new and troubling phase of cybersecurity. The recent crash of North Korea’s internet network reveals just how inexperienced world leaders are in dealing with cyber conflict. It shows how one reckless act in...

21 January 2015

Paris attacks reveal exclusion of French Muslims

While nothing excuses the terrorist killings in Paris, the French state can no longer turn a blind eye to the marginalization of Muslims. The French banlieues are becoming a breeding ground for jihadists. While nothing excuses the terrorist killings in...

19 January 2015

Should China Expect Confrontational Policies from Washington?

In 2013, the Sino-US relations ended with concern over strategic mistrust. In 2014, bilateral relations were characterized by a sense of optimism. While bilateral trust may endure through the Obama era, challenges will ensue thereafter.The renewed sense of strategic trust...

18 January 2015

Has the Market Expectation Pendulum Swung as Far as it Can?

The investment climate has become more treacherous.  Weak wage growth and disinflationary headwinds are making market participants question likelihood of a Fed rate hike around mid-year.  The Swiss National Bank's jettisoning its prior strategy has thrown many investors off balance...

29 December 2014

Conspiracy Theories and the Price of Oil

The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price,...

18 December 2014

Russia, Juncker’s Investment Scheme and Greece

Russia's woes have not been sufficient to spur a change in behavior from Putin.  His press conference today was strident, blaming the US and EU for undermining Russia.  He blames foreign influences driving down the rouble.  The EU will impose...