In addition to a sharp economic downturn, Venezuela faces a humanitarian crisis. The United States can do little to prevent a downward spiral, but it should take measures to mitigate the political, economic, and humanitarian consequences of a potential mass emigration.

Introduction Although the likelihood of a full-blown war between Russia and Georgia is low, one cannot rule out renewed confrontation between the two countries in the next twelve to eighteen month…

Introduction The China-India relationship is remarkably stable in many ways. Bilateral summits and new multilateral groupings often bring the two Asian giants together in common cause. Both sides …

Introduction There is growing risk of a violent uprising in the West Bank that could be costly to Israelis and Palestinians and harmful to U.S. interests. Violence could be ignited in various ways…

Introduction Tensions have risen to dangerous levels between Japan and China over a small group of uninhabited islands in the East China Sea, called the Senkaku by the Japanese and the Diaoyu by t…

In March 2015, the author wrote an update to this memo to reflect recent developments in Venezuela. Read the update. Introduction In the coming months, Venezuela could experience significant po…