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New Atlanticist

Apr 21, 2020

As US crude prices crumble, a difficult hand for the United States

By Reed Blakemore and John Soughan

As the market digests the final surge of oil from a Saudi-Russian price war prior to the implementation of production cuts on May 1, it may be that the tail end of a brutal supply glut has arrived and corresponding price stabilization—albeit at a very low price—will be soon to follow. But with oil demand projections reaching multi-decade lows, and US inventories continuing to build by record levels, the madness on April 20 suggests that US markets are far from out of the woods, putting policymakers and regulators in a tough position.

Energy Markets & Governance Oil and Gas

UkraineAlert

Apr 21, 2020

Coronavirus proves what Ukrainians already knew—the UN doesn’t work

By Pavlo Klimkin and Andreas Umland

The coronavirus crisis has left the United Nations badly exposed. This has not come as a surprise to many in Ukraine, where distrust of the UN has been strong since the start of Russian aggression in 2014.

Coronavirus Ukraine

The future is here

Apr 21, 2020

Italy, Iran on path to ease restrictions; Trump plans immigration halt citing jobs

By Atlantic Council

Countries including Italy and Iran set out plans to ease coronavirus restrictions. US President Donald J. Trump said he plans to sign an executive order to halt immigration temporarily to protect jobs. Georgia’s plans to reopen businesses highlighted tensions around a tentative return to normality.

Coronavirus

New Atlanticist

Apr 21, 2020

There is a better way to counter China in multilateral organizations: Lead with allies

By Gerard Araud and Benjamin Haddad

There are plenty of reasons to be underwhelmed with the WHO’s performance in tackling the COVID-19 pandemic. The administration’s response to halt funding, however, will have the opposite of the intended effect. Rather than beginning a long overdue debate on Chinese influence over multilateral institutions, it will reinforce the very reason why Chinese influence has grown in the WHO and other institutions: US disengagement.

China Coronavirus

MENASource

Apr 21, 2020

Lessons the US can learn from the UAE about the decontamination of COVID-19

By Theodore Karasik

Since Gulf countries faced the imported coronavirus prior to it reaching the United States, they were weeks ahead in their thinking on how to prevent a second spike in infection. The UAE has taken a blended civil-military approach that is worth watching.

Coronavirus Middle East

New Atlanticist

Apr 20, 2020

COVID-19 spells out new era for energy markets

By Agnia Grigas

Global energy markets are experiencing historic upheavals most evident by the dramatic drop in oil prices and demand. Yet, there are deeper structural upheavals at play and ones driven by changes over the past decade.

Coronavirus Energy Markets & Governance

New Atlanticist

Apr 20, 2020

At long last, Israel to form a government

By Daniel J. Samet

Most Israelis want to avoid a fourth election. Most Israelis want to see an empowered government—not a caretaker regime—in place to deal with the coronavirus pandemic.

Elections Israel

AfricaSource

Apr 20, 2020

African private sector mobilizes COVID-19 response

By Aubrey Hruby

In times when neighbors are competing with each other for medical supplies, the private sector is creating partners out of competitors. Across the continent, coalitions are coming together to support public health responses and fight the virus: a private sector response that is even more important in resource-constrained African countries.

Africa Coronavirus

New Atlanticist

Apr 20, 2020

Coronavirus will worsen India’s non-performing loan problem

By Ketki Bhagwati

The unwelcome arrival of the novel coronavirus (COVID-19) pandemic and the accompanying national lockdown is very likely to bring on a fresh wave of non-performing loans as banks resort to credit contraction to preserve capital for future losses.

Coronavirus Financial Regulation

EnergySource

Apr 20, 2020

Containing Russian influence in Venezuela

By David L. Goldwyn and Andrea Clabough

The Russian government has been instrumental in preserving the Maduro regime, despite years of intense domestic and international pressure favoring a democratic transition, providing the regime invaluable diplomatic leverage, security personnel, and material, as well as an economic lifeline. The US strategy for a democratic Venezuela must recognize these realities and focus on containing Russian influence in Venezuela, as it cannot end it.

Economic Sanctions Economy & Business
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