President Donald Trump has announced that he will nominate CIA director Mike Pompeo to replace Rex Tillerson as secretary of state. Fellow Joe Barnes analyzes the implications of this decision and assesses Tillerson's short tenure as head of the State Department in a new post for the Baker Institute Blog.
The list of 13 demands presented in June 2017 by Bahrain, Egypt, Saudi Arabia and the United Arab Emirates suggests a supremely ambitious set of goals behind their embargo of Qatar, including “red lines” that touch directly upon Qatari sovereignty and that Doha will almost certainly reject. The stage is thus set for a contest of endurance, one that with every passing month looks more likely to result in favor of Qatar, writes fellow Gabriel Collins in this brief.
The United States appears less exposed to geopolitical risks affecting its oil supply than at any time since the early 1970s due to fracking, climate change and a more diverse energy supply, according to research by energy fellow Jim Krane and Kenneth B. Medlock, senior director of the Center for Energy Studies.
The Center for Energy Studies at Rice University’s Baker Institute for Public Policy and the Qatar Leadership Centre hosted a roundtable on February 15-16, 2017, in Doha, Qatar, to discuss some of the most pressing challenges facing market participants in the global energy landscape, with a focus on several issues of paramount interest to Qatar and the broader Gulf Cooperation Council.
Kenneth B. Medlock III, Jim Krane, Francisco J. Monaldi, Kristian Coates Ulrichsen, Gabriel CollinsSeptember 5, 2017
In his first prime-time address to the nation, President Trump committed the United States to a sustained and, indeed, enhanced military presence in Afghanistan.
The relationship between the United States and its Gulf allies has evolved in important ways since President Jimmy Carter’s 1980 declaration of American “vital interests” in the Persian Gulf — the “Carter Doctrine” — and while many circumstances have changed, the rationale for maintaining U.S. protection for Gulf oil supplies remains strong, authors Gabriel Collins and Jim Krane write in this paper.
The fall of Mosul and the ongoing demise of the ISIS pseudo-state are good news, but they do not herald either an end to the jihadist terrorist threat nor promise an enduring solution to the ongoing conflicts that have afflicted Iraq and, especially, Syria, writes Bonner Means Baker Fellow Joe Barnes in this post for the Baker Institute Blog.
The landscape is changing for foreign direct investment in Latin America. Investments flow not only from north to south, but also from south to south and south to north. What's more, relatively small firms in developing countries are becoming as likely as multinationals to invest abroad.
Most analysis of NAFTA begins by citing the huge increase in bilateral trade between the U.S., Canada and Mexico since 1993. U.S.-Mexico trade—exports plus imports—has grown three and a half times faster than U.S. GDP since NAFTA began in 1994. If NAFTA were solely responsible for that trade, renegotiating it on more favorable terms might have big payoffs. However, there are seven problems with thinking NAFTA has mattered or can matter very much.