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Wars and Military Conflicts

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  • Part of the administration’s strategy has been to ramp up border and workplace enforcement to attract Republican votes for the overhaul. The vote on Saturday made it clear that strategy has not succeeded so far. The New York Times reports.

  • Senate Ends Military Ban on Gays Serving Openly Sunday, 19 Dec 2010 | 9:11 AM ET

    The Senate voted to strike down the ban on gay men and lesbians serving openly in the military.  The New York Times reports.

  • When GOP Takes Over House, Budget Battle Begins Saturday, 18 Dec 2010 | 9:17 AM ET

    The collapse of a government-wide spending package in the final days of this Congressional session sets up a politically charged fiscal showdown early next year, testing the determination of Republicans, the  New York Times reports.

  • Is HP Holding the Navy Hostage? Friday, 17 Dec 2010 | 11:36 AM ET
    U.S. Sailor standing on deck of a ship

    The U.S. Navy's intranet is a massive network, second in size only to the internet itself. It serves 700,000 sailors, Marines, and civilians on 400,000 computers in 620 locations.  But critics say the system, called the Navy Marine Corps Intranet is slow and expensive.

  • More than 36 percent of the tuition payments made in the first year of the program—a total of $640 million in tuition and fees—went to for-profit colleges, like the University of Phoenix, according to data compiled by the Department of Veterans Affairs, even though these colleges serve only about 9 percent of the overall population at higher education institutions nationwide, the New York Times reports.

  • Revolutionary Guard Has Tight Grip on Iran's Economy Wednesday, 8 Dec 2010 | 1:34 PM ET
    Member of Iran's Revolutionary Guard

    The Revolutionary Guard  is  a major force when it comes to controlling Iran's economy. Many Iranians in and out of the country have called the Islamic Revolutionary Guard Corps "Iran's mafia."

  • Tax Deal Suggests New Path for Obama Tuesday, 7 Dec 2010 | 7:23 AM ET
    Barack Obama

    President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy, the New York Times reports.

  • President Barack Obama

    The deal calls for jobless aid and tax breaks, but it is unclear how much leverage the White House has, the New York Times reports.

  • North Korea's Artillery Attack on the South Monday, 29 Nov 2010 | 7:04 PM ET
    Firefighters from the Incheon Fire and Safety Management Department inspecting the damage caused by the artillery shells fired by North Korea on November 24 in Yeonpyeong Island, South Korea.

    North Korea fired artillery shells at a South Korean island, killing two soldiers and two civilians, in one of the heaviest attacks on its neighbor since the Korean War ended in 1953.

  • Ex-House Leader DeLay Convicted of Money Laundering Thursday, 25 Nov 2010 | 9:00 AM ET
    Gavel

    Tom DeLay, one of the most powerful and divisive Republican lawmakers ever to come out of Texas, was convicted Wednesday of money-laundering charges in a state trial, five years after his indictment here forced him to resign as majority leader in the House of Representatives, the New York Times reports.

  • Deficit Commission to Cut Marines' Landing Craft Wednesday, 24 Nov 2010 | 8:46 AM ET
    US Capitol Building

    The United States Marine Corps want to spend billions of dollars on a new amphibious landing craft, budget cutters in Washington say that’s simply too much money for a vehicle that Marines may never ride into battle.

  • Yoshikami: North Korea Attacks—Calculating Your Risks Tuesday, 23 Nov 2010 | 10:41 AM ET
    Smoke rises from South Korea's Yeonpyeong island near the border against North Korea. Dozens of artillery shells fired by North Korea hit the South Korean Island of Yeonpyeong reportedly causing injuries and prompting return fire from South Korean forces.

    The news from Korea today highlights that emerging markets do have risks that one needs to be aware of including tensions between neighbor countries, political instability, and currency challenges. The road to higher returns is paved with higher risk to be sure. Higher returns comes with higher volatility.

  • In Defense of Airport Security Wednesday, 17 Nov 2010 | 10:53 AM ET
    A TSA officer demonstrates what the images form the Advanced Imaging Technology unit look like.

    New scanners allow TSA officers to basically see you naked, and there are concerns about radiation. Critics allege this is the worst kind of funny business.

  • Government Employees Owe Billions in Delinquent Taxes Tuesday, 16 Nov 2010 | 10:45 AM ET
    Uncle Sam taking money out of your wallet

    Deficit cutters struggling to make ends meet in Washington are eyeballing an unusual pot of potential revenue: back taxes owed to the government by federal employees themselves.

  • On This Veteran's Day—Saying Thank You Thursday, 11 Nov 2010 | 12:35 PM ET

    This Veteran's Day, one company started by a "serial entrepreneur" provides a uniquely modern way to say "thank you". Products for Good sells "liberated Iraqi coins" which people buy for veterans in their lives.

  • SBA Helps Veteran-Owned Businesses Thursday, 11 Nov 2010 | 12:17 PM ET
    Justin and Gen. Patraeus

    According to the SBA, one in seven veterans are self-employed or small business owners and about one quarter of veterans say they are interested in starting and buying their own businesses. The percentage is even higher among women veterans, noted the SBA.

  • In his first one-on-one television interview since leaving the White House, former President George W. Bush talked about regrets, accomplishments and his legacy with NBC's Matt Lauer.

  • Vote Over California Marijuana Goes Down to the Wire Sunday, 31 Oct 2010 | 10:07 AM ET

    It is the home stretch in the battle over Proposition 19, the ballot initiative that would legalize and regulate marijuana in California, and at “Yes” headquarters in downtown Oakland last week, young volunteers were hustling for votes.

  • Business Waits as Dems, GOP Battle For Congress Sunday, 31 Oct 2010 | 9:25 AM ET

    The outcome of five contests considered tossups will help determine if Democrats retain control of the Senate, according to the latest analysis of races by The New York Times, with Republicans trying to capture Democratic-held seats in Colorado, Illinois, Nevada, Pennsylvania and Washington.

  • Obama Walks Fine Political Line on Terror Threat Saturday, 30 Oct 2010 | 7:11 PM ET

    Trying to manage a terrorism threat in the middle of an election campaign, the Obama administration is walking a political and national security tightrope, says the New York Times.