Foreign Affairs – The massive growth of hedge funds has sparked warnings of instability and demands that the industry be regulated. But the fear of hedge funds is overblown, based on a misunderstanding of their role in the international financial system. In reality, hedge funds do not increase risk; they manage it — and policymakers, rather than clamping down, should make sure hedge funds have the tools to perform this function well.
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Royal Navy – Fears over £3.6bn plan for new carriers
Daily Telegraph – Fears are growing among Royal Navy chiefs that the Ministry of Defence’s delay in signing a contract for two major aircraft carriers could signal the project’s demise.
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Royal Navy – Promotion freezes as cuts bite in Navy
Daily Telegraph – Promotion for Royal Navy officers is to be frozen for five years in a cost-cutting measure that has caused fury in the Fleet.
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Royal Navy – Navy to cut its fleet by half
Daily Telegraph – Royal Navy commanders were in uproar after it was revealed that almost half of the Fleet’s 44 warships are to be mothballed as part of a cost-cutting measure.
Daily Telegraph – Cuts are a severe blow to officers’ ambitions
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US Navy – US Navy patrols Somalia's coast
BBC – US naval forces have deployed off the Somali coast to prevent leaders of defeated Islamist militias escaping.
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Iraq – 50,000 more US troops can save Iraq
Daily Telegraph – John Keegan argues in favor of increasing American troop numbers in Iraq.
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Royal Navy – Half of Royal Navy's ships in mothballs as defence cuts bite
The Times – Half of the Royal Navy is to be ìmothballedî as it bears the brunt of cuts imposed after a series of expensive procurement projects and the hidden costs of the conflicts in Afghanistan and Iraq.
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Japanese Maritime Self Defense Force – Japan's Navy Denies Practice Invasion
Associated Press – Japan’s navy on Saturday denied a report that Japan and the United States held a drill simulating a Chinese invasion of disputed islands during recent joint naval exercises.
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Geopolitics / Middle East – The New Middle East
Foreign Affairs – The age of U.S. dominance in the Middle East has ended and a new era in the modern history of the region has begun. It will be shaped by new actors and new forces competing for influence, and to master it, Washington will have to rely more on diplomacy than on military might.
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Fourth Generation Warfare – Officer finds new ways to fight insurgencies
Kansas City Star – By analyzing failures of the past, Lt. Col. John Nagl hopes to increase the chances of U.S. success in Iraq.
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Pakistani Navy – 22 female sailors inducted in Pak navy
The News – The first ever batch of 22 female sailors along with 1000 new entry sailors passed out and formally inducted into Pakistan Navy upon successful completion of 38 weeks’ rigorous training.
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US Navy – The Thousand-Ship Navy
Armed Forces Journal – A look at what is mean by the new term “1,000 ship navy?”
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US Navy – LCS: A solution for the Asia littoral
Armed Forces Journal – The Littoral Combat Ship (LCS) was born of controversy and is likely to remain one of the most hotly debated ships in the Navy inventory.
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US Marines – Semper Fly: Marines in Space
Popular Science – As any battlefield commander will tell you, getting troops to the fight can be as difficult as winning it. And for modern-day soldiers, the sites of conflict are so far-flung, and the political considerations of even flying over another country so complicated, that rapid entry has become nearly impossible. If a group of Marine Corps visionaries have their way, however, 30 years from now, Marines could touch down anywhere on the globe in less than two hours, without needing to negotiate passage through foreign airspace. The breathtaking efficiency of such a delivery system could change forever the way the U.S. does battle.
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Chinese Navy – Maritime Geostrategy and the Development of the Chinese Navy in the Early Twenty-first Century
Naval War College Review – A Senior Captain in the Chinese Peopleís Liberation Army (PLA) Navy, writing in 2004 in Chinaís most prestigious military journal, surveys the now favorable geostrategic environment for accelerated Chinese maritime development, thereby articulating a rationale for a PLA Navy that is prepared to “defend a larger scope.”
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Fourth Generation Warfare – Knowing the Enemy
New Yorker – Can social scientists redefine the “war on terror”? An outstanding, insightful, thought-provoking article on the “long war” and how the US needs to think about it.
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US Navy – U.S. and Britain to Add Ships to Persian Gulf in Signal to Iran
New York Times – The United States and Britain will begin moving additional warships and strike aircraft into the Persian Gulf region in a display of military resolve toward Iran that will come as the United Nations continues to debate possible sanctions against the country, Pentagon and military officials said Wednesday.
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Iraq – A Soldier's Soldier, Outflanked
Washington Post – A look at the retirement of General John Abizaid, CENTCOM commander.
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US Navy – Pentagon Mulling Show of Force to Iran
Associated Press – The Pentagon is considering sending a second aircraft carrier to the Persian Gulf.
The Guardian – US considers naval build-up as warning to Iran.
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Indian Navy – Indian Navy Projects Need For US$ 25 Billion Over Next Five Years
India Defence – Indian Navy chief Admiral Sureesh Mehta said today that they Indian Navy has put forward a requirement of Rs.110,000 crore (US$ 25 Billion approx.) for the next Five-Year Plan to equip itself to take on the challenges of the future.
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Fourth Generation Warfare – How to Beat Insurgents: Military Updates Playbook
Fourth Generation Warfare – US releases anti-insurgency guide
BBC – The US military has released a new manual on counter-insurgencies – its first guide on the topic for 20 years.
Read it in full: FM 3-24 / MCWP 3-33.5 – Counterinsurgency
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Geopolitics / Immigration – Immigration Nation
Foreign Affairs – The United States is far less divided on immigration than the current debate would suggest. An overwhelming majority of Americans want a combination of tougher enforcement and earned citizenship for the 12 million illegal immigrants in the country. Washington’s challenge is to translate this consensus into sound legislation that will start to repair the nation’s broken immigration system.
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Iraq – Interview with Lt. Gen. Jay Garner
Q and A – Brian Lamb interviews the Former Director, Reconstruction & Humanitarian Efforts in Iraq, 2003.
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Geopolitics – Return of the Tribes
Weekly Standard – Ralph Peters on tribalism vs. globalization.
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