Sebastian Mallaby in today’s Washington Post: China has accumulated at least $1.5 trillion in dollar assets, according to my Council on Foreign Relations colleague Brad Setser, so a (highly plausible) 30 percent move in the yuan-dollar rate would cost the country around $450 billion — about a tenth of its …
[youtube]http://www.youtube.com/watch?v=OfC99LrrM2Q&feature=player_embedded[/youtube] Follow Heritage’s continuing coverage of the Sonia Sotomayor nomination to the Supreme Court.
This morning, President Barack Obama announced the nomination of Judge Sonia Sotomayor to the Supreme Court of the United States. While this may seem like the culmination of a long process, it actually marks just the beginning–really, the very first step–of the confirmation process laid out in our Constitution. President …
Today, President Obama announced Sonia Sotomayor as his nominee to replace Justice Souter on the Supreme Court. Any nomination for a lifetime appointment to the Supreme Court deserves careful review by the Senate. Nominations should be judged by a common standard: will they apply the Constitution of the United States …
U.S. intelligence agencies are still collecting data from an array of high-tech equipment, but analysts have little doubt that North Korea did detonate a nuclear device yesterday. The Pyongyang regime also test-fired two missiles today despite a U.N. Security Council condemnation of their nuclear test. These actions come just five days …
Pyongyang ’s eagerness to conduct a nuclear test so quickly after its long-range missile launch shows it has abandoned its previous façade of negotiations and is instead striving to achieve a viable nuclear weapon and ICBM delivery capability. North Korea ’s unflinching efforts to develop the means to threaten the …
A new poll released this week by McLaughlin and Associates shows that Americans understand better than Congress that Iran is a serious a threat to our national security and is a dangerous actor amongst its neighbors. According to Joel Rosenberg’s Weblog, the poll found: Nine in ten voters (91%) say …
As we have discussed before, President Obama’s fiscal year 2010 defense budget suffers from serious conceptual flaws concerning the nature of future warfare and the force structure the American military needs to fight and win. But there is another related issue that must merit the serious consideration of Congress as …
This Memorial Day, Heritage honors those who serve in the United States Armed Forces, their families, and all military retirees and veterans. From the battlefields of the Civil War–after which the first Memorial Day was observed–to the Forest of Argonne, the beaches of Normandy, the islands of the Pacific, the …
