The Iran nuclear agreement is a great victory for US President Barack Obama and Secretary of State John Kerry, neither of whom have had much success in foreign policy. Despite all the compromises, the Iran nuclear agreement – or the Joint Comprehensive Plan of Action (JCPOA) – does have the potential to hold Iran accountable for what it does with its nuclear programme for 15 years. This is assuming the US is willing to confront Iran if necessary, which is not a given especially in the remaining year and a half of the Obama administration. It also gives Iran yet another chance to prove that it is a state that abides by the solemn international commitments it willingly undertakes and that suspicions about it seeking nuclear weapons are unfounded.Continue Reading →
After long, fractious negotiations, world powers and Iran struck a historic deal on Tuesday to curb Iran’s nuclear program in exchange for billions of dollars in relief from international sanctions. This Policy Alert examines reactions from China, India, Russia, South Korea, and Japan to the Iranian nuclear deal.
Chinese media expressed cautious optimism for the nuclear deal and predicted a surge in trade between Iran and China as a result of the deal. (more…)Continue Reading →
Greece slipped deeper into its financial crisis at midnight Tuesday after it became the first developed economy to default on a loan with the International Monetary Fund. Greece will hold a referendum on Sunday, asking citizens to decide whether to accept the austerity demands of its international lenders in return for more cash. In this Policy Alert, we examine reactions from Russia, India, China, Japan, and South Korea to the ongoing Greek financial crisis.
Russian officials expressed concern about Greece’s financial crisis while simultaneously dispelling rumors that Russia might offer Greece a bailout. (more…)Continue Reading →