China’s growing military ambition, matched only by its growing military spending, is fuelling a rapid Asian arms race.
Beijing deploys the world’s biggest army, its defence spending is rising faster than any other power and, to cap it all, its forces will this month carry out their first spacewalk.
With India, Japan and Russia also investing heavily [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
China’s military ambition fuels Asian arms race
Posted by Matt in September 13th, 2008 | no comment
Published in Asia, China, Military, Ambition, Army, Asian Arms Race, beijing, China, Defence Budget, Defence Spending, India, Japan, Military Arms, Military Budget, Military Spending, Russia, Spacewalk, Yuan
The Dollar: Shrinkable but (So Far) Unsinkable
Posted by Matt in May 11th, 2008 | no comment
Published in Economy, Middle East, U.S., Budget, Buying Cars, Buying Homes, Cars, China, Confidence, Crisis, Currency, Dollar, Dominance, Economists, Euro, Financial Circles, Fiscal Crisis, Interest Rates, Money, Next Decade, People, Rival, Suggestion, Yuan
Now, however, people in international financial circles detect a subtle shifting of the ground in confidence about the dollar. A few years ago, the suggestion that another currency could rival the dollar would have been ridiculed. Today, some economists say the dollar could begin surrendering some of the advantages of dominance to the euro [...]
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