“Since the annexation, Russia has carried out extensive confiscation of public and private property, which it has referred to as ‘nationalization’ under Russian Federation legislation,” writes Dr. Anders Åslund, in Kremlin Aggression in Ukraine: The Price Tag, a new report by the Atlantic Council’s Eurasia Center. If Kyiv loses the occupied Crimea and Donbas forever, the total asset value lost would be an estimated $98.4 billion for Ukraine. These two cases of military aggression were quite different, and their differences have persisted in relation to both the damage caused and how the territories have been governed. While conditions are bad in both territories, they are far worse in the Donbas.
Since 2000, the United States has taken steps toward developing strategic stocks of emergency oil product reserves to safeguard supply from international crises and local events such as natural disasters. In recent decades, many International Energy Agency member states, including the United States, have emphasized product stockholding to facilitate rapid local emergency supply distribution. In his report, Strategic Oil Product Stockholding: International Experience and American Prospects, Global Energy Center Nonresident Senior Fellow Phillip Cornell provides in-depth analysis of the US case and identifies strategic product stockholding practices of countries around the world, from the Netherlands to India and China.
Venezuela is in a state of desperation as its oil industry – for years the foundation of the country’s economy – spirals out of control. With elections on the horizon, the United States speeding up its drumbeat of sanctions, and Russia and China’s influence increasing in the country, the Atlantic Council’s Adrienne Arsht Latin America Center today releases The Collapse of the Venezuelan Oil Industry and its Global Consequences, a new policy brief detailing what’s ahead for the crisis-ridden country and its oil industry.
Written by Atlantic Council author Francisco Monaldi, a fellow in Latin American Energy Policy at Rice University’s Baker Institute and founding director of the Center for Energy and the Environment at the Management Studies Institute in Venezuela, the brief lays out the factors leading to the oil collapse, details sanctions options and their impact, measures Russia’s and China’s increasing presence, and presents various short and long-term scenarios for the industry against a potential default.
The third paper in the new Atlantic Council Sudan Task Force series, “Sudan: Soft Power, Cultural Engagement, and National Security” examines the importance of people-to-people engagement and its relevance to broader US strategic aims in Sudan.
More than two decades of isolation have succeeded in funneling Sudan’s best and brightest to seek higher education and post-graduate employment in locations other than the West. The United States has lost valuable ground to other actors, ranging from the benign to the malicious, who are influencing Sudan’s youth and wider population in ways that almost certainly will not serve US interests.
The second paper in the new Atlantic Council Sudan Task Force series, “Sudan: Prospects for Economic Re-engagement” examines the possibility of a new era of US economic cooperation with Sudan, including an opportunity for the United States to push for desperately needed economic reforms as part of wider US bilateral engagements efforts.
Authored by Dr. Jeffrey Herbst in collaboration with the Council’s Sudan Task Force, the issue brief describes the political economy of Sudan, which shapes Khartoum’s priorities and affects how it will respond to demands for economic reform.
The first paper in the new Atlantic Council Sudan Task Force series, “Sudan: Politics, Engagement, and Reform” examines the political landscape in the country in the wake of renewed bilateral engagement, addressing questions of governance, inclusion, and reform.
Co-authored by Ambassador Johnnie Carson and Zach Vertin in collaboration with the Council’s Sudan Task Force, the issue brief offers recommendations for continued progress toward democratic transformation in Sudan, in both the medium and long terms.
“The Russians and other purveyors of disinformation will constantly improve their tactics; our counter-tactics therefore cannot be static,” write Ambassador Daniel Fried and Dr. Alina Polyakova in Democratic Defense Against Disinformation, a new publication by the Atlantic Council’s Eurasia Center. This report is part of the broader transatlantic effort to identify democratic solutions for countering disinformation in the short term and building societal resistance to it in the long term.
Over the past ten years, Chinese companies and policy banks have steadily invested and lent hundreds of billions of dollars in Latin America's oil and gas sector. China's leaders have been pressured to secure energy resources because of stagnating domestic oil production coupled with rapid growth in consumption. Latin America's growing proven oil reserves have made it an attractive partner for China. The rise in capital flowing from China to the energy sector in Latin America, plus the lack of transparency around the deals however, has led to a rise in myths about the true motivation behind China's intentions. This report seeks to uncover the facts of Chinese investment and lending deals in the Latin American energy sector, explains what is reality and what are myths, and provides pointed recommendations of how all parties can help shape a better energy cooperation.