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…

Introduction Egypt is experiencing a deep economic crisis. The country's foreign currency reserves are less than half of what they were before the January 2011 uprising, threatening Egypt's abilit…

The likelihood that Armenians and Azerbaijanis will clash over Nagorno-Karabakh in the next twelve months is high. The situation remains tense following fierce fighting in April 2016 that marked the worst bloodshed since the 1994 cease-fire.

A bungled leadership transition and continuing economic stagnation in Algeria would have significant ramifications for U.S. counterterrorism interests and regional stability. Washington should take worthwhile to manage the risk of growing political instability, including precautionary measures to safeguard its interests should the worst happen.

China-India tensions remain high. To reduce the threat of conflict, Daniel S. Markey recommends the U.S. boost aid to India and begin working with like-minded partners to develop a coordinated respon…