Offensive cyber operations have become increasingly important elements of U.S. national security policy. From the deployment of Stuxnet to disrupt Iranian centrifuges to the possible use of cyber methods against North Korean ballistic missile launches, the prominence of offensive cyber capabilities as instruments of national power continues to grow. Yet conceptual thinking lags behind the technical development of these new weapons. How might offensive cyber operations be used in coercion or conflict? What strategic considerations should guide their development and use? W

Since Marco Polo, the West has waited for the “Asian Century.” Today, the world believes that Century has arrived. Yet from China’s slumping economy to war clouds over the South China Sea and from environmental devastation to demographic crisis, Asia’s future is increasingly uncertain. Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability.

In American Exceptionalism in a New Era, editor Thomas W. Gilligan, director of the Hoover Institution, has compiled thirteen essays by Hoover fellows that discuss the unique factors that have historically set America apart from other nations and show how America and its people have prospered and emerged as global leaders by prizing individuality and economic freedom and explore key factors in America’s success, including immigration, education, divided government, light regulation, low taxes, and social mobility. America isn’t perfect, they argue, but it is exceptional.

The world is changing fast. Political risk-the probability that a political action could significantly impact a company's business-is affecting more businesses in more ways than ever before. A generation ago, political risk mostly involved a handful of industries dealing with governments in a few frontier markets. Today, political risk stems from a widening array of actors, including Twitter users, local officials, activists, terrorists, hackers, and more.