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ID:
188452
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| Summary/Abstract |
The main factors American presidents typically consider before committing military resources to protect a partner include perceived US national interests, US domestic politics, the nature of the attack itself, the aggressor’s military capabilities and the possibility of escalation. An additional factor is the ability and willingness of the partner to conduct joint and combined operations with the United States and possibly others. This is critically important in the Middle East. As Washington prioritises the Indo-Pacific and Europe, US military forces will draw down in the Middle East and be less able to intervene promptly. To maintain strong regional deterrence, security arrangements between the United States and its Arab partners should be reconfigured to ensure that they can confront regional threats, Iran’s in particular, without immediate American assistance. The will require American advice and assistance in creating sustainable and effective joint forces.
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| 2 |
ID:
188450
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| Summary/Abstract |
The recalibration of Saudi foreign policy under Crown Prince Muhammad bin Salman (MbS) reflects Riyadh’s changing assessment of its relationship with the United States and its ambition to become a full-fledged geo-economic power that is less constrained by the traditional pillars of Saudi statecraft. While much attention is being paid to the acrimonious relationship between MbS and US President Joe Biden, there are structural reasons for the growing divergence between the two countries. The October 2022 OPEC+ crisis over Saudi Arabia’s oil-production cut illustrates how Riyadh is willing to prioritise its financial and energy interests even at the risk of upsetting its long-time security partner.
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| 3 |
ID:
185491
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| Summary/Abstract |
On October 2nd, 2018, Jamal Khashoggi, a journalist and critic of the Saudi Arabian regime, disappeared after a visit to the Saudi Arabian consulate in Turkey nd was most likely murdered shortly afterwards. After this incident, a period of uncertainty started about whether or not a major arms deal that was signed between the United States and Saudi Arabia would still going to be approved by Congress or in turn will be rejected. The main findings presented in this study clearly demonstrate that the uncertainty surrounding the deal caused a significant drop in the daily return on the equity prices of US defense firms. This result suggests that investors believe that it is very likely that the major arms deal will be blocked by Congress in the short-run thereby reducing the business perspectives of the US defense-related industry. Besides these findings also imply that investors expect that the US president will not use its veto power or make permanently use of the exemption clause provided in the US arms trade legislation.
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