The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
While officials in Seoul try to figure out how to deal with their erratic, missile-launching neighbor to the north, the key to the puzzle may be 5,000 miles away — in Jerusalem.
Officials in South Korea's defense ministry are now debating how they'll spend their budget, on the assumption that the country's parliament will increase it by almost seven percent. But military officials around the world say that even if South Korea's defense forces get the money, it won't be enough to deal with the massive destructive force awaiting them just across the border in North Korea.
"The South Koreans have already established the requirement for low- and medium-tier interceptors," said Tom Karako, director of the Missile Defense Project at the Center for Strategic and International Studies in Washington. He added, however, that "They have yet to move forward."
Israel fought Hezbollah for five weeks in 2006 in a war that shut down Israel's economy in the northern part of the country, and caused wide-scale damage to Southern Lebanon.
Part of the drill incorporates missile defense, as any new war with Hezbollah would likely bring an onslaught of rockets from the north, as it did 11 years ago. Hezbollah is estimated to have more than 100 thousand short-, mid- and long-range missiles stored in hiding places including the homes of civilians in southern Lebanon.
As Hezbollah's missile arsenal has grown, so have Israel's anti-missile capabilities. Israel now has three rings of missile defense.
Karako suggested a number of steps South Korea could take that have brought Israel success. Among them is "cooperation and co-development with the United States is crucial. The U.S. and Israel have been doing this for a long time, and the fruits of that cooperation are what you see on the ground, robust missile defense."
Karako also credits Israel with applying the concept of traditional defense rings to the larger arena of missile defense. When security forces guard a shopping mall, they deploy internal security, external security and checkpoints further out.
That same theory applies to Israel's missile defense, according to Karako. "Layered defense is something that allows the Israelis to have increased shots at an incoming threat. It also allows them to use more cost-effective interceptors for threats from different ranges."
Iron Dome costs about $25,000 per projectile, while the Arrow missile can cost 100 times more.
Experts on missile defense readily concede there is no 100 percent effective solution, and long-range anti-missile systems are not yet fully battle-tested.
Moreover, important differences exist between the needs of South Korea and Israel, said Uzi Eilam, a retired general with the Israel Defense Forces who is widely considered one of the founding fathers of Israel's missile defense program.
The most important is geographical size. Israel comprises slightly more than 8,000 square miles, while South Korea's territory is almost five times as large. "The limited amount of investment that we needed is much less than what will be needed in South Korea," Eilam told CNBC.