Yemen’s Houthi have mounted a selective counter-shipping campaign in the Red Sea that has disrupted global trade between Asia and Europe. In a new issue brief, fellow Jim Krane describes how the attacks have triggered major shipping delays and expenses for firms based in countries friendly to Israel — effectively acting as economic sanctions and demonstrating the power of a non-state actor to undermine global norms around freedom of navigation.
The issue brief explores Mexico’s financial inclusion as an obstacle for development, based on an index developed by the author, expert Jesús Antonio López Cabrera.
President Vladimir Putin’s invasion of Ukraine has backfired in many ways. For one, it’s leading to a diminished Russian energy export economy and spurring Europe to a clean energy future, writes fellow Jim Krane.
In the wake of the collapse of Terra — a once-prosperous blockchain network that suffered one of the biggest falls in the history of cryptocurrency — the authors discuss recent government efforts to regulate digital assets.
Alexander Hernández Romanowski, Helen BrantleyJuly 22, 2022
The authors examine the recent attacks on oil infrastructure in Saudi Arabia and other Persian Gulf nations to shed light on the current state of U.S.-Gulf strategic relations and the potential directions of its evolution in coming years.
In June 2018, Saudi Arabia finally put an end to its legal ban on women driving, opening the way for millions of new drivers to navigate across a country three times bigger than Texas. While the long-overdue policy shift provides relief to women who lacked freedom of mobility, the onset of so many new drivers has enormous consequences for transportation and the energy sector, as well as labor market participation and public health.
This month, the Syrian Civil War will have lasted seven years. The authors of this brief explore how the United States — first under President Barack Obama and now under President Donald Trump — has struggled to develop a coherent strategy that balances U.S. interests in the conflict with the military, financial and diplomatic resources necessary to pursue them.
This paper examines the progress of energy subsidy reforms in the Persian Gulf, documenting policy changes in all six monarchies and briefly examining the role of energy and the state.