Whether the Obama administration is willing to give all assistance to Tokyo or Seoul in shooting down this missile might turn out to be the crucial element. more ››
An increasingly cash-strapped America is promising significant cuts to its military. Coupled with a rising China, would the U.S. have to give up on its allies? more ››
We may be entering an era of creeping de-globalization. It is one thing to be generous with the perceived foibles of your trading partners when your economy is growing and jobs are plentiful. It is quite another to decide to... more ››
Will China become the next Japan? Will its economic bubble burst? Should the Chinese brace themselves for deep deflation and economic stagnation? These questions have begun to swirl ever since stock prices and real estate values... more ››
Last December, Tokyo announced that it would purchase Lockheed-Martin's F-35 Lightning II as its next-generation jet fighter. In doing so, it disappointed BAE Systems, the European maker of the Eurofighter Typhoon, which had... more ››