The Navy ordered a review of security at U.S. military facilities as Congress pressed the Pentagon to make public a report showing lapses in the way private contractors receive permission to work on bases.
Whether divining Chinese interest rate policy, worrying about U.S. government finances or valuing Spanish bonds, strategists in Edinburgh say one thing is clear about next year: politics trump economics.
Financial markets are more at risk from policy makers getting spending and interest rates wrong than rising oil prices, according to investment strategists in Scotland overseeing about 530 billion pounds ($850 billion).
U.S. Navy Admiral Samuel Locklear III told House Armed Services Committee member Mike Turner last month that NATO forces are trying to kill Libyan leader Muammar Qaddafi, Foreign Policy magazine reported, citing Turner.
Macquarie Group Ltd., Australia’s biggest investment bank, named Benjamin Way Asia chief executive officer, replacing Alex Harvey, who will become chairman for the region and global head of principal investments.
A company hired by the U.S. Navy to manage passes for entry to Navy facilities issued some credentials to government contractors before their identities were vetted through criminal or terrorist databases, according to an audit by the Pentagon Inspector General.