As Obama embarks on his second term in office, he faces major challenges at home and abroad. With a fiscal cliff looming and the Republicans and Democrats at loggerheads in Congress, at home Obama faces major challenges on the economy. Abroad he must forge relations with Arab countries that have elected new political leaders, whilst maintaining allies in the Gulf. Following the recent outbreak of violence between Israel and Gaza, he will be re-engaging with the peace process. On the eve of his inauguration, join us with a panel of experts and commentators to examine the challenges that lie ahead for Barack Obama.