In the short term, Washington works to protect Israel and other U.S. allies, combat terrorism, rebuff Iran's hegemonic ambitions, and support regional stability, all of which ensures the continued flow of oil to power Western economies.
Equipment quality, personnel problems plague Russia's military;
The Eurasian Economic Union inches forward
North Korean leader Kim Jong-Il's death has strategists and policymakers asking the same question: What's next? Among some there is a strong sense that a leadership change in Pyongyang represents the best opportunity in decades for North Korea to join the international community as a normal state. Pyongyang stands at a crossroads.
China navigates climate change talks in Durban;
New disclosure rules for Chinese charities
The past two weeks have seen a dramatic escalation in Iran’s war of words with the West.
Last Wednesday, Vice President Mohammad Reza Rahimi told Iran’s official news agency, IRNA, that new economic pressure currently being contemplated by the West would come at a steep cost. According to Rahimi, “not a drop of oil” will pass through the Strait of Hormuz — a key strategic waterway that serves as a conduit for as much as a third of the world’s oil — if additional sanctions are levied against the Islamic Republic for its nuclear program. Iran’s top naval commander, Admiral Habibollah Sayyari, has been even more explicit, warning publicly that his country stands ready to block the strait if necessary.