The House Intelligence Committee report on Huawei Technologies Co. and ZTE Corp., China‘s two largest phone-equipment makers, breathlessly hints at a massive national security breach in the making. The committee report, out today, says Chinese intelligence services could spy on the U.S. by using the two companies’ equipment to tamper with American telecoms networks. The companies, based in […]
Republican presidential candidate Mitt Romney delivered a sweeping critique on Monday of President Barack Obama’s handling of threats in the Middle East, saying Obama’s lack of leadership had made the volatile region more dangerous. In what his campaign called a major foreign policy address, Romney called for a more assertive use of American influence in […]
BARACK OBAMA‘S re-election hopes were dealt a setback by Mitt Romney‘s relentless attack on his economic record at Wednesday’s presidential debate. Today, he got a lifeline from an unlikely source: the economy. In September, the unemployment rate plunged, unexpectedly, to 7.8%, from 8.1% in August. It was the first time it fell below 8% since […]
Despite all the attention the trade deficit receives each month, little heed has been paid to the rapid expansion of U.S. exports, which have been growing nearly three times faster than gross domestic product since 2005. As a share of the U.S. economy, exports are at their highest point in 50 years. Rather than slow […]
AFTER months of firing up core supporters in swing states with partisan attack lines and blood-chilling predictions about the other side’s plans, Barack Obama and Mitt Romney found themselves in their first televised debate on October 3rd, obliged to pitch for undecided voters and independents nationwide. Both Mr Obama and Mr Romney duly struck a […]
The challenger came in well-prepared and displayed an impressive command of the issues. He was sharp, energetic, and direct. Time and again, he corrected the President, politely but firmly pointing out that his proposals were being misrepresented. He gave a strong closing statement, and after it all ended, the pundits were in agreement that he […]
The finance industry is to blame for the growing divide between the rich and poor in the United States, says Nobel Prize-winning economics professor Joseph Stiglitz. In an interview with SPIEGEL, he accuses the industry of preying on the poor and buying government policies that help them get richer. Read Here – Der Spiegel
In baseball, a game without a clock, each player on a team that is behind by a bunch of runs is advised to “stay within yourself.” That baseball lingo means: Do not try to do too much. Instead, get ’em on, get ’em over, get ’em in. There are no five-run home runs. Small, incremental gains matter […]
Fifty-two years ago, the United States and Japan signed the Treaty of Mutual Cooperation and Security. Forged just 15 years after a brutal, racially charged war between the two nations, the treaty was an exercise in realpolitik. It was written with an eye toward not only Japan‘s security but the containment of communism across Asia. The […]
n recent months, concerns over sequestration and its impact on the US military have reached a fever pitch in Washington. Sequestration “would destroy the military” and cause an “inability to defend the nation” argued Senator John McCain, ranking member of the Senate Armed Services committee.[1]“Cuts of this magnitude would be catastrophic to the military,” testified […]
