• Russia Working Hard to Acquire Sensitive Western Military Technology

    Russia has struggled for years, if not decades, to acquire sensitive Western technology and military hardware: everything from night-vision goggles for soldiers to powerful computer chips for advanced fighter jets. How successful the effort has been is an open question, but according to news reports and military analysts, sensitive Western technologies are widely employed in Russian weaponry and military equipment.

  • Seismic Shifts Underway in Global Semiconductor Market as U.S. Accelerates Decoupling from China

    Historically, the U.S. had the lion’s share of the global semiconductor industry (37 percent in 1990), but its dominance has been eroded by North Asian markets over the past three decades. In August, the administration committed to bolstering the U.S. semiconductor manufacturing sector with $50 billion in funding under the CHIPS and Science Act, with the potential to create 40,000 new jobs.

  • Washington Raises Stakes in War on Chinese Technology

    The Biden administration is expanding its list of technology-focused sanctions on China, drawing parallels to U.S. controls targeting the Soviet Union during the Cold War – and the new U.S. sanctions are in some ways more restrictive than Cold-War era controls.

  • The Promise and Peril of Guyana’s Oil Boom

    Most people may not have even heard of Guyana, a tiny country on the northeast coast of South America, but the former British colony is in the midst of an oil boom of staggering proportions. The vast oil reserves discovered off the Guyana coast will soon make Guyana a major oil producer. The question is whether Guyana will escape what economists call the “Resource Curse” — the phenomenon which sees economies that are blessed with natural resources experience less favorable development outcomes than their resource-poor counterparts.

  • China’s Challenge: Why the West Should Fear President Xi’s Quest to “Catch and Surpass It’ with Technology

    Beijing’s bid for technological dominance is a threat to global security and liberty. The Western democracies must not shirk the task of confronting it.

  • Nord Stream Pipeline Sabotage: How an Attack Could Have Been Carried Out and Why Europe Was Defenseless

    Whatever caused the damage to the Nord Stream gas pipelines in the Baltic Sea, it appears to be the first major attack on critical “subsea” (underwater) infrastructure in Europe. This raises the question of the vulnerabilities of European pipelines, electricity and internet cables, and other maritime infrastructure. Europe will have to revisit its policies for protecting them.

  • Magnesium Market Highlights Continuing Fragility of Global Supply Chains

    Magnesium is a critical input for major and emerging economies’ economic and industrial development. It has diverse high-tech applications in a wide range of sectors, from renewable energy to aerospace, defense to transport, and telecommunications to agriculture. The problem is that for both industry and governments, magnesium supply chains are vulnerable to sudden disruptions.

  • Will DHS Again Leave H‑2B Winter Industries Short Workers?

    The H 2B program allows employers to hire foreign workers for seasonal or temporary nonfarm jobs. USCIS recently announced that employers had already reached the H 2B cap of 33,000 visas for the winter months before the start of the season. The H 2B program is filling jobs in relatively niche areas or positions where the shortages are most severe. DHS should immediately raise the cap to allow more H 2B workers to enter these positions.

  • The “Hurricane Tax”: Ian Is Pushing Florida’s Home Insurance Market Toward Collapse

    Hurricane Ian has dissipated, but it will bring even more turmoil to the Sunshine State in the coming months. This damage will be financial rather than physical, as ratings agencies and real estate companies have estimated the storm’s damages at anywhere between $30 and $60 billion. The storm is poised to be one of the largest insured loss events in U.S. history.

  • The U.S. Needs to Prepare for More Billion-Dollar Climate Disasters Like Hurricane Ian

    Billion-dollar disasters such as Hurricane Ian are on the rise in the United States. Officials should take swift action to reduce the damage and protect Americans.

  • The Cost of Rising Temperatures

    From crop damage to cooling failures at cloud-based data centers, climate change affects a wide variety of economic sectors. The study found that economies are sensitive to persistent temperature shocks over at least a 10-year time frame.

  • Permanent Rupture: The European-Russia Energy Relationship Has Ended with Nord Stream

    Last Monday’s blasts that tore through the Nord Stream 1 and Nord Stream 2 pipelines have already blown up whatever was left of five decades of German energy policy. For Germany, abandoning the Nord Stream pipelines signified a fundamental transformation of Germany’s energy security strategy, and its approach to relations with Russia. “The Nord Stream pipeline was the last gasp of Ostpolitik and this week’s damage is likely fatal.” Emily Holland writes.

  • How Can Countries Protect Critical Infrastructure from Cyberattacks?

    Hacking attacks on power grids, telecom networks, or governments can paralyze entire societies. That makes them a powerful military weapon, as the war in Ukraine demonstrates. How can countries protect themselves?

  • Human Trafficking’s Newest Abuse: Forcing Victims into Cyberscamming

    Tens of thousands of people from across Asia have been coerced into defrauding people in America and around the world out of millions of dollars. Those who resist face beatings, food deprivation or worse.

  • Pipeline Leaks Likely the Result of Deliberate Act

    European Union foreign policy chief Josep Borrell said Wednesday that all indications are that leaks from two Nord Stream natural gas pipelines in the Baltic Sea “are the result of a deliberate act.” The 1,222-kilometer-long Nord Stream 1 pipeline has been, until recently, a major source of gas for Germany. Nord Stream 2, which is 1,234 kilometers in length, has yet to go into commercial operation.