Behind America’s shield

Economist - THE east Europeans have little reason to fear a strike from Iran. So why are they eagerly signing up to America’s system to intercept Iranian missiles? Because they are scared of Russia. Within days of Russia’s invasion of Georgia, Poland had agreed to host ten American interceptors. Ukraine offered to link [...]

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Iran’s lights are going out

Guardian - The cities of Iran are in darkness. For two hours at a time, from the Gulf to the Caspian, the country believed to have the world’s third largest oil reserves doesn’t have the electricity to power homes, traffic lights, hospitals and the rest of civic life. There are reports of deaths in [...]

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Why Their Economic Plans Don’t Add Up

BusinessWeek - Politics, the weak economy, and the reality of the ballooning federal budget will all limit the next President’s room for maneuver. McCain’s low-tax strategy could well be chewed up in a Congress that is likely to be even more Democratic than it is today. Obama’s lofty plans could be undone by [...]

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