Above the Fold. President Obama got himself into hot water this week when he was overhead telling Russian president Dmitri Medvedev he would have “more flexibility” on issues like missile defense aft…

Six months ago, I published the first blog in this series, highlighting earlier academic findings. Jeffrey Stamp, “Aero-Static Warfare: A Brief Survey of Ballooning in Mid-nineteenth-century Siege W…

China announced that it added $130.6b to its reserves in the second quarter, only a bit smaller than the $135.7b it added in the first quarter.  Most of the increase was real: if China had 5% of its …

Rebels fighters are reflected on a side mirror at the front line in Ajdabiyah June 22, 2011. REUTERS/Mohamed Abd El-Ghany As anyone who reads this blog probably knows, I have been a critic of the U…