Dropping oil prices and alternative sources have resulted in dramatic changes for the global energy sector. As new players and relationships emerge, traditional powers, particularly Russia, still wield energy as a geostrategic weapon. This report covers the politics of energy over the past year. As Oil Prices Drop, Some Seek Hidden Hands Behind Market ForcesBy Frida GhitisOct. 23, 2014 Europe EU Seeks Energy Security Solutions to Russian Gas ChallengeBy Richard WeitzJune 3, 2014 Russia’s Energy Ambitions Explain Putin’s Zigzags on UkraineBy Nikolas GvosdevJune 27, 2014 Russia’s Energy Leverage Over Europe, Ukraine Considerably DiminishedBy Keith SmithMarch 4, 2014 Turkey Positions Itself […]
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While poverty and violence have pushed thousands of Central Americans to take the long and dangerous trek to the United States, the embattled region now faces another challenge: Droughts and torrential rains have all but ruined the harvests of hundreds of thousands of impoverished farmers in Guatemala, El Salvador, Honduras and Nicaragua. And even though climate extremes were exacerbated in recent years by temporary weather phenomena, ill-prepared governments and climate change have put food security in the region permanently at risk. This summer, the most severe drought in over four decades hit the so-called Dry Corridor, a subtropical highland area […]
As a former World Bank official, Columbia University academic and Afghan minister of finance, newly elected Afghan President Ashraf Ghani faces high expectations to turn his country’s war-torn economy around. Having actually written the book on fixing failed states, he now faces the challenge of putting theory into practice. Ghani’s deep skepticism of the merits of foreign aid and extractive industries positions him well to avoid the pitfalls of putting either at the economy’s helm. While aid levels will likely decline as foreign troop numbers continue to dwindle, Ghani’s real challenge will be nurturing Afghanistan’s fragile minerals sector while managing […]
Indian President Pranab Mukherjee’s visit to Norway in mid-October, the first by an Indian head of state, was a signal of India’s rising profile in the Arctic. Mukherjee signed 13 agreements with Norway, including one exploring avenues for joint military research between India’s Defense Research and Development Organization and Norway’s Norwegian Defense Research Establishment, known as FFI. Mukherjee also visited neighboring Finland, where he signed an additional 19 agreements, on everything from civilian nuclear cooperation to education and fishing. But the trip, coming a year after India gained observer status in the Arctic Council—an intergovernmental forum that includes eight member […]
Oil occupies a special place in the world of international trade and in the public lore. No other commodity carries the political, strategic and tactical power of petroleum. Since it became the world’s primary fuel less than two centuries ago, oil has played a major role in shaping world events, triggering trade embargoes and colonial wars, making and breaking political alliances and always offering a justification, real or imagined, for international conflicts. It’s hardly surprising, then, that the recent precipitous drop in global oil prices has generated a flurry of conspiracy theories. Speculation about “the real cause” behind the current […]
With crude oil prices down 25 percent since June and holding at roughly $86 a barrel on Tuesday, Venezuela is getting nervous. Lower prices will put greater strain on Venezuela’s oil-reliant economy as its government struggles with growing macroeconomic imbalances. Yet even with all the problems that reduced oil prices create for his administration, President Nicolas Maduro is doubling down on his current policies. By stalling in the hopes of a bailout in the form of higher oil prices or Chinese credit, instead of attempting politically unpopular restructuring, Maduro is ignoring cracks in his political and economic program. Booming commodity […]
For the past decade, Panama’s economy has been roaring. With GDP growth averaging 8.24 percent from 2003 to 2013, Panama’s economy looked more like that of the so-called East Asian Tigers than many of its neighbors, particularly to the north, and the comparison to Asia does not end there. As the government moves to widen the Panama Canal to accommodate wider shiploads and makes massive investments in infrastructure, including ports and the first-ever subway in the capital city, Panamanian authorities have proclaimed that they want to be the Singapore of the Western Hemisphere—the region’s main logistical hub. While in terms […]
Chad is currently in talks with the Chinese National Petroleum Company (CNPC) over oil-extraction licenses that were revoked due to environmental violations. In an email interview, Celeste Hicks, a freelance journalist specializing in Africa, discussed Chad’s oil sector. WPR: What is the extent of Chad’s oil sector, and what plans are there for further development? Celeste Hicks: Chad is currently producing about 130,00 barrels per day (bpd) of oil. Around 100,000 bpd comes from the Kome oil fields near the southern town of Doba, which is operated by a consortium led by Esso and Malaysia’s Petronas, and about 15,000 bpd […]
Last month, Brazil and Angola signed a Technical Memorandum of Understanding for the Brazilian navy to support the development of Angola’s naval capabilities. Angola will purchase seven Brazilian Macae patrol ships, four of them built in Brazil with Angolan personnel support, and three others in Angola. Brazil will also train Angolan military personnel and build a shipyard in Angola. The agreement is another sign of Brazil and Angola’s strategic partnership, following their 2010 Defense Cooperation Agreement and more recent pacts on naval and aeronautic cooperation. But it also fits into Angola’s broader strategy to secure its maritime borders to safeguard […]
Electoral democracy is flourishing across Latin America. But if the region has eagerly embraced pluralism to decide policy, many problems must still be addressed, ranging from insecurity and corruption to balancing economic growth with environmental concerns. This report covers the full spectrum of Latin America’s challenges. Mexico Mexico’s Energy Reform: A Major First Step on a Very Long JourneyBy Jed BaileyJan. 3, 2014 Rise of Self-Defense Groups Highlights Mexico’s State-Level Security ChallengesBy Benoît Gomis and Jerónimo MoharJan. 24, 2014 Mexico’s Scaled-Backed Gendarmerie Force No Security PanaceaBy Nathaniel Parish FlanneryAug. 1, 2014 Central America and the Caribbean Border Disputes, Political Tensions […]