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Wars and Military Conflicts

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  • The $40 Billion Iraqi Money Trail Wednesday, 26 Oct 2011 | 4:20 PM ET
    It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to all the money involved has become one of the biggest financial mysteries of all time. Beginning in the very earliest days of the war in Iraq, the New York Federal Reserve shipped billions of dollars in physical cash to Baghdad to pay for the reopening of the government and restoration of basic services. By one account, the New York Fed shipped about $40 billion in cash betwe

    Finding out what happened to all the money involved has become one of the biggest financial mysteries of all time.

  • NY Fed's $40 Billion Iraqi Money Trail Tuesday, 25 Oct 2011 | 2:25 PM ET
    US troops get ready to unload cash transported inside Iraq by helicopter.

    It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to the billions of dollars the New York Fed sent to Iraq has become one of the biggest financial mysteries of all time. Eamon Javers investigates.

  • Obama: U.S. Troops Home by End of Year     Friday, 21 Oct 2011 | 12:57 PM ET

    The President has made it official, U.S. troops will be home from Iraq by the end of the year. CNBC's John Harwood has the detail.

  • Republican Debates Are a Hot Ticket on TV Monday, 17 Oct 2011 | 2:55 AM ET
    Republican presidential candidate Rep. Michele Bachmann (R-MN) addresses the Blackhawk County Republican annual Lincoln Day Dinner in Waterloo, Iowa.

    In September 2007, Fox News put Mitt Romney, Mike Huckabee, Ron Paul, Rudy Giuliani and a man who was, back then, a long shot for the Republican presidential nomination, John McCain, on a debate stage in New Hampshire. The face-off attracted 3.2 million viewers—the most of any debate so far that year, the New York Times reports.

  • After Rocky Start, More Study and Sleep for Perry Monday, 10 Oct 2011 | 4:02 AM ET
    Texas Governor Rick Perry

    Rick Perry of Texas struggled through his first three debates, so his aides have staged practice sessions, complete with a stand-in for Mitt Romney. He has stirred outrage among conservatives on immigration, so he is defending his stance on the campaign trail as good economics, report the New York Times.

  • A recent survey of the unemployed showed more than a quarter of respondents opposed renewing the current extended unemployment benefits, the NY Times reports.

  • Marking Ten Years of US War in Afghanistan Friday, 7 Oct 2011 | 10:06 AM ET
    U.S. Army Sgt. Joseph Evans scans the area through a pair of binoculars while Spc. Brendon Quisenberry pulls rear security during a security halt on a route reconnaissance mission near Mir-e, Afghanistan.

    Ten years ago today, in response to the enormous tragedy of September 11, 2001, the United States invaded Afghanistan. So began the long road of endless war, endless suffering, endless spending, and endless death.

  • "Now is absolutely the right time to invest in Africa. We are talking about price-earning ratios in the low single digits in some cases. There are some very attractive opportunities across a wide range of countries," Graham Stock, chief strategist at Insparo Asset Management, told CNBC.

  • China to Suspend Some US Military Ties Tuesday, 27 Sep 2011 | 9:02 PM ET
    F-16

    China intends to suspend some military exchanges with the U.S., in the first concrete sign of the fallout from Washington’s decision to provide a $5.9 billion arms package to Taiwan. The FT reports.

  • Medal of Honor Winner Rings Opening Bell     Monday, 19 Sep 2011 | 9:31 AM ET

    The first living marine in 38 years to receive the nation's highest honor, Sgt. Dakota Meyer, rings the opening bell.

  • Euro Collapse Could Lead to War: Polish FinMin Friday, 16 Sep 2011 | 5:08 AM ET

    A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.

  • Book Details Dissension in Obama Economic Team Friday, 16 Sep 2011 | 4:14 AM ET

    A new book claims that President Obama’s response to the economic crisis was hampered by a White House economic staff plagued by internal rivalries, a domineering chief adviser and a Treasury secretary who dragged his feet on enforcing decisions with which he disagreed, the New York Times reports.

  • Enlisted in the World of Airborne Spying Wednesday, 7 Sep 2011 | 10:39 AM ET
    King Air 350i

    For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.

  • 'Taking Liberties’ — What We All Lost After 9/11 Tuesday, 6 Sep 2011 | 10:38 AM ET

    "Post-9/11 surveillance measures have made it far too easy for the government to review our personal and business records, telephone and e-mail conversations, and virtually all aspects of our lives," the author and President of the ACLU explains in this guest blog why the Fourth Amendment is good for business and essential for democracy.

  • China's flag flies over octagonal structures built on stilts in the Philippine-claimed Mischief Reef in the disputed Spratly Islands located in the South China Sea.

    The growing tension between China, Vietnam and the Philippines in the South China Sea could lead to a miscalculation and further escalation between the parties, a former advisor to U.S. Vice President Dick Cheney warned on Friday.

  • Aerospace and Defense Wednesday, 31 Aug 2011 | 2:19 PM ET

    How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.

  • Libya to Resume Oil Production, Markets Eye Jackson Hole Wednesday, 24 Aug 2011 | 2:52 AM ET
    Libyan rebel fighters gather on the outskirts of Ajdabiya prior to a failed attempt to take the town from Mforces.

    Post-Gaddafi Libya could begin pumping oil in the next few months, as rebels secured oil infrastructure around Tripoli and edged closer to taking complete control of the country. However, oil markets are shifting their attention to concerns that the US might undertake further fiscal stimulus.

  • Energy Expert: Rates More Impact Than Libya     Wednesday, 24 Aug 2011 | 1:20 AM ET

    "The question about interest rates and cheap money is probably more important to the oil market and the commodities sector than what is happening in Libya right now," Johannes Benigni, managing director at research firm JBC Energy, told CNBC.

  • Private Sector Waits for Libya's Next Revival Tuesday, 23 Aug 2011 | 9:09 AM ET
    Lybian rebels deploy for a second day on several kilometres from the key city of Ajdabiya to try to attack government forces that have encircled the town on March 22, 2011.

    Oil companies are understood to be preparing to move back into the North African country, which used to pump 1.6 million barrels per day before the uprising against Muammar Gaddafi's government began six months ago.

  • As the nation tightens its budget belt, the century-old military retirement system has come under attack as unaffordable, unfair to some who serve and overly generous compared with civilian benefits.

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