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According to reports, the U.S. and Russian military will be engaging in an anti-terrorism exercise that will involve Russian paratroopers using U.S. weapons to “take and hold” the main facilities of the CIA and Denver International Airport in Colorado and the National Security Agency in Utah. (Related: Learn about the hypothetical ‘war games’ the U.S. and China have been playing) The European Union Times has more on the report announcing this exercise from the Russian Federal Service for Military-Technical Cooperation: Russian Defense Ministry spokesman Colonel Alexander Kucherenko publically announced this 24-21 May “anti-terror drill” this Friday past noting that this...

WASHINGTON: The Obama White House on Wednesday rolled out the red carpet for Chinese President Hu Jintao months after the US President met Tibetan leader Dalai Lama sans fanfare and photo-ops and showed him out through a side door past garbage bags. The contrasting receptions, recalled vividly by commentators, pretty much summed up the US approach and priorities at a time when China struts the world stage like an economic colossus with military ambitions to match. It would be a stretch to say China owns the US, but it is no great secret that President Hu is being courted, coddled...

TOKYO (Reuters) - Japan is likely to start considering acquiring the ability to launch pre-emptive military strikes in a planned update of its basic defense policies, the latest step away from the constraints of its pacifist constitution. The expected proposal, which could sound alarm bells in China, is part of a review of Japan's defense policies undertaken by Prime Minister Shinzo Abe's government, an interim report on which could come as early as Friday. The final conclusions of the review are due out by the end of the year. The hawkish Abe took office in December for a rare second...

The dust appears to have settled on the spying accusations leveled at Chinese companies Huawei and ZTE by the US government. Espionage, however, remains very much front-page news with Edward Snowden, former CIA agent and US National Security Agency contractor, leaking highly controversial documents to the international media. Essentially, Snowden has blown the cover of a project named Prism, which allows the US government to spy on Internet activities around the world. This appears to be a different espionage story from that of Huawei and ZTE, but the two are related. In fact, it may well be that they are...

Future purchases of U.S. Treasuries by China will depend on its need to protect the value of its foreign investments and a stable yuan is in everyone's interests, Chinese Premier Wen Jiabao said on Saturday. The United States said this month that all its major trading partners should operate flexible exchange rates, expressing concern that China was manipulating the value of the yuan to boost its exports. But analysts say there may be a limit to the pressure that the United States can put on China as it is the single biggest foreign investor of U.S. Treasuries, with $681.9 billion...