Venezuela’s loss of production volumes was the largest global unplanned fall in crude oil output in 2017, a trend that has continued to intensify into 2018 and has the potential to get significantly worse in the coming months.
June 18, 2018
| William Alan ReinschOver the past 10 days I have detected two small shifts in thinking about trade, which do not immediately amount to much but which could well be a sign of more significant change in the future.
June 14, 2018
| Kathleen H. HicksPresident Trump’s agreement to suspend the upcoming U.S.-ROK combined exercise does not appear to meet the threshold for protecting U.S. lethality, and should not be advanced absent substantial North Korean concessions.
June 13, 2018
| Jon B. AltermanThe United States not only has a unique opportunity to loom large in the region’s future, but doing so would also push others to share in the burdens. Failing to do so is not merely a missed opportunity. It would represent an expensive mistake.
June 11, 2018
| Frank A. Verrastro, Larry Goldstein, Albert HelmigThe global oil market continues to evolve in both predictable and yet uncertain ways. Like previous OPEC meetings, next week’s discussions, including the emerging rifts between the larger members with spare capacity and those without such luxury, will need to be managed.
While the United States should consider the potential contribution of a larger U.S. presence in Europe on the merits, it should approach these issues in a way that strengthens NATO’s cohesion and solidarity.
June 5, 2018
| Gustavo TarreThere cannot be free elections if there is no separation of powers to keep one branch of government from undue control of political life and the election process. This lack of balance makes a clean election impossible.