Russia’s Medvedev warns of new arms race


Russia’s President Dmitry Medvedev makes his annual state of the nation address at the Kremlin’s St. George Hall in Moscow, November 30, 2010.
Credit: Reuters/Dmitry Astakhov/RIA Novosti/Kremlin

President Dmitry Medvedev warned on Tuesday that a new arms race would erupt within the next decade unless Russia and the West forged an agreement to cooperate on building a missile defense system.

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Boehner and Cantor to Smithsonian: Pull Exhibit Featuring Ant-Covered Jesus or Else

House Speaker-to-be John Boehner (R-Ohio) is telling the Smithsonian Institution to pull an exhibit that features images of an ant-covered Jesus or else face tough scrutiny when the new Republican majority takes control of the House in January. House Majority Leader-to-be Eric Cantor (R.-Va.), meanwhile, is calling on the Smithsonian to pull the exhibit and warning the federally funded institution that it will face serious questions when Congress considers the next budget.

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Russian Missiles Fuel U.S. Worries

The U.S. believes Russia has moved short-range tactical nuclear warheads to facilities near North Atlantic Treaty Organization allies as recently as this spring, U.S. officials say, adding to questions in Congress about Russian compliance with long-standing pledges ahead of a possible vote on a new arms-control treaty.

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Now North Korea boasts advances in nuclear program


A retired South Korean soldier steps on a North Korean flag before burning it during an anti-North Korea rally in Seoul November 30, 2010. North Korea said on Tuesday it was operating “thousands” of centrifuges at its uranium enrichment plant for peaceful use in its first detailed admission of its expanded nuclear capability.
REUTERS/Lee Jae-Won

Secretive North Korea boasted advances in its nuclear program on Tuesday, making sure it held the world’s attention, saying it had thousands of working centrifuges, as pressure built on China to rein in its ally.

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Iran outraged as Star of David revealed on airport


Google Earth satellite image shows Star of David on roof of national carrier building

A satellite image of Tehran airport taken by Google Earth service outraged Iranian government officials as the Star of David appeared on the roof of the headquarters of the national carrier Iran Air.

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Iran Fortifies Its Arsenal With the Aid of North Korea


Yonhap News Agency, via European Pressphoto Agency
Iran bought 19 advanced missiles from North Korea, a diplomatic cable says. The North displayed what some experts say are the same kind of missiles in an October parade.

Secret American intelligence assessments have concluded that Iran has obtained a cache of advanced missiles, based on a Russian design, that are much more powerful than anything Washington has publicly conceded that Tehran has in its arsenal, diplomatic cables show.

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Emerging Wild Card: Inflation

Price pressures in emerging markets could force central banks to tighten aggressively, roiling assets and currencies

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Dow Slides Below 11000

NEW YORK—Stocks tumbled as investors worried that the $112.61 billion Irish bailout might not be enough to contain the euro-zone debt crisis.

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Bailout Boost Fades; Euro, Bonds Slammed

LONDON—The Irish rescue package announced over the weekend failed to soothe currency- and bond-market worries that sovereign-debt problems might spread within the euro zone, pushing the euro lower and raising yields on the debt of fiscally weaker euro-zone countries.

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Leaked U.S. Cables Expose Tensions With China


Getty Images
U.S. Secretary of State Hillary Clinton, left, with Chinese Vice Premier Wang Qishan, center, and China’s State Councilor Dai Binguo at a press conference during the China-U.S. Strategic and Economic Dialogue in Beijing in May.

BEIJING—Leaked U.S. diplomatic cables put China’s relationship with Iran under renewed scrutiny by suggesting Beijing hadn’t complied with U.S. requests to stop transfers to Tehran of technology and materials that could be used in its ballistic-missile and chemical-weapons programs.

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