In April 2015, the author wrote an update to this memo to reflect recent developments in the South China Sea. Read the update. Introduction The risk of conflict in the South China Sea is signif…

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.

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…

The trade war, fallout from COVID-19, and increased military activity raise the risk of conflict between the U.S. and China in the South China Sea. Here’s how the U.S. can prevent or mitigate a clash.

Tensions are rising in the Balkans and the risk of renewed violence is growing, but the United States can help preserve peace and stability in the region.