America’s complacent at own risk
The world remains a dangerous place, populated with countries that could hold U.S. interests at risk. The wars in Iraq and Afghanistan and against al-Qaeda must be at the forefront in defense spending and planning, but we also need a balanced force that can address emerging conventional and strategic challenges from [...]

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At this rate, your share of the load will be $155,000 in a decade. How chronic deficits are putting the country on a path to fiscal collapse.
Normally Paul Krugman, the liberal pundit and Nobel laureate in economics, and Paul Ryan, a conservative Republican congressman from Wisconsin, share little in common except their first names and [...]

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Last year China Construction Bank’s net profit soared 10% to $11.9 billion. In the same period, Bank of America, which at the time owned some 19% of the Chinese lender, earned just $4 billion, down 73% from 2007. That’s all you need to know to understand why Bank of America in May sold a 5.8% [...]

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Who is going to come out of the economic crisis stronger and with the whip hand - China or America, asks Niall Ferguson.
In February, the People’s Daily acknowledged the “global importance and influence” of Chimerica, but warned of an impending “period of chillness”. Could this be one of those great turning points in history, when [...]

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Six months ago, Jim Wiseman didn’t even have a spare nutrition bar in his kitchen cabinet.
Now, the 54-year-old businessman and father of five has a backup generator, a water filter, a grain mill and a 4-foot-tall pile of emergency food tucked in his home in the San Diego suburb of La Jolla.
Wiseman isn’t alone. Emergency [...]

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As global warming gradually melts away the sea ice in the Arctic Ocean, the oil and gas deposits buried in that inaccessible region are becoming a lot less theoretical to the five northern nations with claims to those riches. “For better or worse, limited ­exploration prospects in the rest of the world ­combined with technological [...]

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Some hackers are born. And, if the Pentagon has its way, some can be taught.
The U.S. military is developing easy-to-use, highly powerful hacking tools for GIs to use in case of a cyberwar, reports the Web site of Aviation Week and Space Technology magazine.
“The Russians conducted a cyberattack that was well coordinated with what Russian [...]

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Under President Barack Obama’s budget plan, the federal debt is exploding. To be precise, it is rising – and will continue to rise – much faster than gross domestic product, a measure of America’s ability to service it. The federal debt was equivalent to 41 per cent of GDP at the end of 2008; the [...]

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Relations between the United States and India may be degenerating due to a shift in U.S. policy by the Obama administration toward Pakistan and China, a change from Bush administration practice that could affect India’s standing in South Asia,
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As the oil wells run dry, the planet’s last great energy reserves lie miles beneath the North Pole. And as the U.S. and Russia race to grab them at any cost, the stage is set for a devastating new cold war
The year is 2020, and, from the Middle East to Nigeria, the world is convulsed [...]

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DEBKAfile’s Washington, Gulf and military sources reported exclusively that the Obama administration, using backdoor intelligence channels, had secretly warned Emir Sheikh Hamad bin Khalifa al-Thani that he risks losing the three big American bases located in the emirate if he persists in promoting Iran’s radicalizing influence over Syria, Lebanon and the Palestinians.
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This is an excellent example showing that the United States is held responsible for the actions of Israel.
Should the Middle East ever spiral out of control with the use of nuclear weapons by Israel, then the United States will be blamed. It is irrelevant if they are only used for self-defense.
From the article:
“Many, probably most, [...]

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Unfortunately, the outlook for America’s potential growth rate was darkening long before the financial crisis hit. The IT-induced productivity revolution, which sent potential output soaring at the end of the 1990s, has waned. More important, America’s labour supply is growing more slowly as the population ages, the share of women working has levelled off and [...]

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Thousands of retired warheads are already forming a logjam as the government seeks billions of dollars to build new facilities in which to dispose of them and store the plutonium contained in them, and new agreements could add to the backlog, USA Today reported Wednesday.
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