More evidence of how overrated OBOR is.

The four-lane highway leading out of the Sri Lankan town of Hambantota gets so little traffic that it sometimes attracts more wild elephants than automobiles. The pachyderms are intelligent — they seem to use the road as a jungle shortcut — but not intelligent enough, alas, to appreciate the pun their course embodies: It links together a series of white elephants, i.e. boondoggles, built and financed by the Chinese. Beyond the lonely highway itself, there is a 35,000-seat cricket stadium, an almost vacant $1.5 billion deepwater port and, 16 miles inland, a $209 million jewel known as “the world’s emptiest international airport.”

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A Reset for Iran and the United States

Broadly speaking, the United States will have three options with respect to Iran in the years ahead. The first is to try to contain the country through intensified U.S.-led sanctions and a coalition of regional states led by Saudi Arabia (and separately, Israel). The second option, which is not mutually exclusive to the first, is to seek regime change. The third is to use a variety of behavior-driven inducements to preserve the regional balance of power through détente. The third option is politically unpopular in the United States, would take much longer than the others to show its effects, and would be considerably more difficult to execute. It also offers the best combination of risks and rewards for the United States.

The author is  and you can read the rest at FA here.