The accelerated melting of the polar icecaps and recent Russian announcement that the Northern Sea Route (NSR) is now “ice-free” beg the question of whether or not the passage is already a commercially viable option. The Heritage Foundation examined Russia’s ambitious plans for the “last frontier” in the High North …
The U.S. Treasury Department yesterday announced sanctions on six al-Qaeda leaders who have used Iranian territory to funnel money and recruits to al-Qaeda’s core leadership in Pakistan and to its bases in Afghanistan and Iraq. Treasury officials say the al-Qaeda leaders have been operating in and through Iran with the …
On the same day, we have two arguments presented about whether to increase military-to-military engagement of the Chinese military, also known as the People’s Liberation Army (PLA). On the one hand, we have Admiral Mike Mullen, the outgoing chairman of the Joint Chiefs of Staff, arguing that the very act …
India’s financial capital, Mumbai, experienced yet another terrorist attack today that initial estimates say killed at least 20. Terrorists detonated improvised explosive devices (IEDs) in three separate locations of the city almost simultaneously. The first two blasts occurred at around 6:55 pm, one in a jewelry market and one in …
Federal Reserve Chairman Ben Bernanke is due to deliver the Semiannual Monetary Policy Report to Congress today before the House Financial Services Committee. What will he say about unemployment, if anything at all? The stakes are high with Bernanke’s approval rating at an all-time low. The hearing starts at 10 a.m. …
The ongoing cyber-crackdown in China, as censors now prevent searches regarding the health of former Chinese leader Jiang Zemin, is a reminder that the Internet is seen by Beijing as a double-edged sword. By allowing the flow of information, the Internet poses challenges to Chinese authorities, not only in terms …
At yesterday’s joint press conference with British Prime Minister David Cameron, President Barack Obama ruled out any deadline for ending NATO’s air assault in Libya. “Qadhafi and his regime need to understand that there will not be a let-up in the pressure that we are applying,” Obama said. “Ultimately,” he …
After Osama bin Laden’s death, it is clear that the war on terrorism is not over. Ayman al-Zawahiri, the former al-Qaeda’s number two, may take over as bin Laden’s heir, unless the interim operations leader Saif al-Adel, the former Egyptian commando with Iranian ties, gets the job. In the meantime, …