When President Barack Obama made his first trip to China in November 2009, he was burdened by the highest U.S. jobless rate in 26 years, a shrinking economy and the biggest federal budget deficit in U.S. history.
What would it take for proponents of sustainable capitalism to adopt the late Steve Jobs's obsession with making things that are "insanely great"? Set aside for a moment the glib answers, such as "a miracle" or “give away candy with your white papers.”
Australia is committing to buying 100 F-35 Joint Strike Fighters, the Pentagon’s most expensive weapons system, as the nation released its long-term defense strategy that seeks to balance competing interests of the U.S. and China in the Asia-Pacific.
The biggest problem with the recently disclosed Obama administration white paper defending the drone killing of radical clerk Anwar al-Awlaki isn’t its secrecy or its creative redefinition of the words “imminent threat.” It is the revolutionary and shocking transformation of the meaning of due process.
President Francois Hollande plans to trim the size of the French army while keeping annual defense spending roughly unchanged over a decade as his government seeks savings while retaining military capacity.
Australia is expected to affirm plans to buy as many as 100 Lockheed Martin Corp. F-35 fighter jets when it releases its Defense White Paper tomorrow, Reuters said, citing defense sources and analysts it didn’t identify.