On January 15, British Petroleum (BP) agreed to form a joint venture with Russia’s state-owned Rosneft to develop three of Rosneft’s offshore exploration blocks in northern Russia. The two companies will jointly explore for oil and gas in the Russian Arctic, one of the world’s last remaining unexplored hydrocarbon basins. …
The House of Representatives will soon vote on full repeal of Obamacare. In an attempt to defend the health care overhaul, Treasury Secretary Timothy Geithner writes this morning that, in light of continued unacceptably high unemployment, “Given where we are, we must do things that help bolster the recovery, and …
Vanderbilt University Medical Center made a welcome decision last week and removed from its nurse residency admission application a requirement that students admitted to its women’s health track agree to participate in training to provide abortions. The decision came just 24 hours after attorneys at the Alliance Defense Fund, a …
It was a strange way to kick off the Martin Luther King weekend. But last Friday night, President Obama slapped hundreds of Cuba’s political prisoners’ right in the face. That’s when the administration announced it will make it easier for Americans who support Castro’s government to send money there and …
On the eve of the scheduled vote in the U.S. House of Representatives on a bill to repeal Obamacare, the Department of Health and Human Services (HHS) issued a report yesterday entitled: “At Risk: Pre-Existing Conditions Could Affect 1 in 2 Americans: 129 Million People Could Be Denied Affordable Coverage …
The votes from last week’s mostly peaceful referendum are now being counted. Early results indicate that Sudan—Africa’s largest country—will soon split in two. Some countries (such as Iran) have reluctantly accepted the likely outcome, while simultaneously criticizing the idea of self-determination. At the same time, some American commentators such as …
In fiscal year 2010, the first full fiscal year under the Obama Administration, the federal government issued 43 major new regulations. According to the Administration’s own estimates, the total cost of these rules was $28 billion. Only two of the new rules reduced measured regulatory costs, and then by only …
Secretary of Defense Robert Gates just returned from a visit to China after the recent restoration of military ties between the two countries. While he was there, China’s military leaders unveiled a new stealth fighter jet. The Chengdu J-20 prototype of a future stealth fifth-generation multirole aircraft clearly caught the …
