Francis Tuschek The US is heading for a “fiscal breakdown,” and Congress should take urgent measures to restore fiscal control instead of eyeing more borrowing, billionaire Michael Bloomberg believes. The former New York Mayor warned about the impending collapse on Tuesday in the media outlet he established. He reflected on the latest Congressional Budget Office (CBO) projections,…
by Martin Haffner Associate Editor In recent years, the geopolitical tension surrounding Taiwan has escalated significantly, particularly with China ramping up its military exercises in the region. The island, which Beijing regards as a breakaway province, has been the focal point of a potential flashpoint in East Asia. Recent military drills conducted by the Chinese…
Francis Tuschek The US military would be unprepared for a protracted war with China due to shortcomings in the defense industrial base, President Donald Trump’s pick to lead the Joint Chiefs of Staff has said. In his written testimony to the Senate Armed Services Committee on Tuesday – part of the confirmation process – retired…