Are the Russians going to establish a bomber presence in Venezuela or Cuba? This past weekend a Russian air force commander spoke of potential basing opportunities in Venezuela while leftist President Hugo Chavez seemed to indicate a readiness to accept Russian aircraft. But then Chavez “walked the cat back” as …
Unemployment and social and economic instability sparked by the ongoing crisis have caused a socio-political fallout in Russia. The share of guest workers is traditionally high in Moscow’s employment patterns, and nowadays many of them have been laid off. The rates of street crime with their participation have spiked, according …
This Saturday the Washington Post reported: Exerting its new influence as the U.S. government’s largest creditor, China yesterday demanded that the Obama administration “guarantee the safety” of its $1 trillion in American bonds as Washington goes further into debt to combat the economic crisis. … China surpassed Japan last year …
Yesterday, U.N. Secretary-General Ban Ki-Moon called the United States a “deadbeat” donor to the world body. The White House called these words “unfortunate” and at least rightfully acknowledged the “the contribution that the American taxpayer makes.” However, these words are much more than “unfortunate.” Let’s start with our donor status. …
Two weeks ago the Obama Administration celebrated the first successful U.S.-China military-to-military talks of the new administration. Then this past Sunday, they found out relations with China were not always going to be so easy. Five Chinese ships harassed the USNS Impeccable in international waters off the cost of Hainan …
The European Union (EU) is once again lecturing America on its economic policies, and thanks to President Obama’s policies and his allies in Congress, the EU is right and America is wrong. Europe, like the United States, is plunging into recession. France saw a stunning 13.8 percent decline in industrial …
Catering to a Congress that is largely hostile to international trade, USTR nominee Ron Kirk used his confirmation hearing testimony to assure the Senate Finance Committee that the administration plans to take a tougher stance on trade this year. Instead of focusing the trade agenda on looking for new opportunities …