Securitizing the Critical Minerals Supply Chain

An image of a large open-pit mining site with layers of soil and rock, featuring a large excavator extracting minerals.

A bucket-wheel excavator operating in a large open-pit mine, December 2012. Source: Pixabay.

Journal of Political Risk, Vol. 13, No. 9, September 2025

By Yan Bennett

For the purpose of securing American access to critical mineral supply chains and countering Chinese dominance in the sector, members of the Senate introduced the Critical Minerals Security Act in March of this year. During both his administrations, President Trump has made critical minerals a key component of his national policy. These developments show the strategic importance of critical minerals in the American economy and toward national security. 

 

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Boy Scouts and National Security: More Than Just Merit Badges

A Boy Scout Troop walking on the deck of an aircraft carrier during the day.

Boy Scout Troop 1571 touring the USS John C. Stennis (CVN-74) in 2018, docked at Naval Base Kitsap–Bremerton, Washington State. Photo courtesy of the author.

Journal of Political Risk, Vol. 13, No. 8, August 2025

By Roan Aidane

Given geopolitical unrest and fluctuating enlistment rates of youths within the armed services, it is worthwhile to recall an institution that has a track record of effectively preparing youth for the American military while building America’s civic capacity: Scouting America (formerly the Boy Scouts of America, BSA). Scouting America stands as an underutilized resource in national security and military readiness. The death of the bills, H.R. 5622 in the House and S. 4499 as part of the “Youth Lead Act,” in the 118th Congress, underscores the undervaluation of Scouting America as an organization critical to U.S. national security.

 

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DeepSeek’s Collision Course with Xi

Journal of Political Risk, Vol. 13, No. 3, March 2025

By Vaibhav Panwar

President Xi Jinping of the People’s Republic of China in Beijing, 5 September 2024

President Xi Jinping of the People’s Republic of China in Beijing, 5 September 2024. Source: President Paul Kagame via Flickr.

Fresh from the highs of DeepSeek’s ‘Sputnik moment’ in the AI race, Xi Jinping hosted a rare meeting with the titans of industry — notably the tech sector — in Beijing on February 16th. The event was attended by heads of BYD, Huawei, Deepseek, and other stalwarts. However, amidst these giants stood a tiny man with a big pedigree: Jack Ma. The tech baron from Hangzhou, who once pulled the strings of one of China’s largest tech conglomerates, The Alibaba group, is renowned for his influence. The company had its fingers in profitable pies like online wholesaling, e-commerce, and online transactions. Its fintech arm, Alipay, had racked up north of a billion users by the end of 2020. Ma was having a dream run: in October 2014, he found himself on the front page of newspapers around the world when the recently concluded Alibaba IPO breached the $25 billion mark – the biggest ever— leaving the world in awe of his role as the symbol of Chinese entrepreneurial spirit and China’s sprawling economy. Ma’s empire was firing on all cylinders; on single’s day 2019 — China’s answer to Black Friday — Alibaba and its subsidiaries did $38 billion in sales in 24 hours. Now, fast-forward to fall 2020: another Alibaba entity, ANT Group, was about to go public, all set to raise north of $35 billion based on the pre-subscriptions. The largest stock-offering in history was set to take place in Shanghai, creating a landmark moment for the Chinese economy, and cementing Ma’s status as one of the world’s most successful entrepreneurs. Beijing, however, was not so comfortable with the market consolidation of the tech giant from Hangzhou — or for that matter — the public criticism lobbed by Ma against Chinese banks at Shanghai’s Bund Conference. To nobody’s surprise — besides, perhaps his own — Jack Ma was called in for regulatory meetings by the Chinese central bank (PBOC) shortly after his remarks. Soon, the Chinese regulators would go on to pull the plug on the IPO right before the launch day, which was widely believed to be a disciplinary move against Ma over his comments. Ma was subsequently gone from the public eye, until he popped up in Japan a couple of years later.

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Amodei’s AI Plan To Democratize China

Image of US and Chinese flags painted on computer chip.

Flags of the USA and China on a semiconductor. William Potter.

Journal of Political Risk, Vol. 13, No. 1, January 2025

By Anders Corr

A new strategy that could peacefully democratize China and other autocratic states was published recently. By ensuring a democratic lead in artificial intelligence (AI), its benefits could be used to incentivize autocracies into nonaggression against democracies. Then, AI could unblock information and defeat autocratic censorship, ultimately improving education in autocracies to the point that Chinese people themselves would successfully drive and achieve democratic reforms. 

While using the stick of military AI to deter autocracies has long been discussed, the idea of using the carrots from AI to buy peace with autocracies, and then using the same technology to defeat censorship and achieve democratization in those countries, had not, to the best of this author’s knowledge, been published before October. Continue reading

Italy’s New Government: Business as Usual

Journal of Political Risk, Vol. 11, No. 1, January 2023

Lorenzo Ammirati

The image depicts a poster with a stylized black-and-white illustration of a woman wearing a military-style uniform and cap, reminiscent of fascist propaganda art. The background features the Italian flag with vertical green, white, and red stripes. Below the image, in bold black and red text, is the label "MUSS-MELONI", which is a play on the names of Benito Mussolini, the Italian fascist dictator, and Giorgia Meloni, the Italian politician. The image appears to be a piece of street art or protest art, criticizing Meloni by drawing a parallel between her and Mussolini.

Poster of Giorgia Meloni, leader of the Brothers of Italy Party, 2022. Source: Duncan Cumming via Flickr.

Nationalist identarian right-wing party Fratelli d’Italia (“Brothers of Italy”) was the only major Italian party to oppose former European Central Bank President Mario Draghi’s “national unity” coalition government which governed Italy between February 2021 and September 2022. Among the key campaign promises made by Fratelli d’Italia’s leader and current Italian Prime Minister Giorgia Meloni during the electoral campaign of September 2022 was a break with the economic policies of the Draghi government. However, the first Italian female Prime Minister has thus far demonstrated the opposite orientation.

In fact, Meloni’s sphere of decision making on economic policy is severely limited. Italy’s extremely high levels of public debt (above 150% of GDP) coupled with weak trust from financial markets and the European Union’s tight fiscal rules make it very costly (both financially and reputationally) for any Italian government to finance new public policies. Additionally, investments are currently mainly being made through the European Union’s Recovery Instrument, an ad-hoc fund created after the COVID-19 pandemic which lends money for EU approved projects, greatly constraining the power of the Italian government.

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