The Economist released an interesting chart on global military spending this week showing the increased spending on military assets by countries that have been considered in the past to not be pro-Western or an ally of the United States or EU. The largest spending boom was made by China. China has openly shown the People’s […]
The insufferable Thomas Friedman has been ranting in recent columns about how North Korea threatens to step over a “red line” in the country’s latest belligerence towards the West which would disrupt the world’s conflict-free period. The New York Times’ champion of neoliberalism explains: “Think about what a relative luxury we’ve enjoyed since the Great […]
I saw these two reports within a few minutes of each other and the contrast wasn’t exactly hard to see. The first piece detailed China’s rapidly increasing military spending: China’s defense budget will double by 2015, making it more than the rest of the Asia Pacific region’s combined, according to a report from IHS Jane’s, […]
The Middle East Channel at Foreign Policy has an interesting story on Israel’s escalating attacks on South African judge Richard Goldstone, written by Foreign Affairs senior editor Sasha Polakow-Suransky. Goldstone was the leader of a UN report on Israel’s Operation Cast Lead, which accused Israel and Hamas of war crimes during the January 2009 clash […]
Pakistan’s short-sighted foreign policies and military spending will not lead to long-term regional stability.
Moody’s issues shot across the bow to warn US about expanding Federal debt burden.
In a clear threat of economic warfare, China indicated that it may sell-off its holdings of U.S. Treasury notes in retaliation for our recent arms sale to Taiwan.