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...last word in on Monday's conversation between President Barack Obama and Israel's Prime Minister Benjamin Netanyahu. After all, the weapon whose test-firing was announced Wednesday by President Mahmoud Ahmadinejad on the election campaign trail does not significantly extend the reach of others already in Iran's arsenal. Instead, it appears to have been a ballistic message, to Iranian voters as well as to the U.S. and its Mideast allies, that Iran isn't about to be intimidated into backing off its nuclear development, and that it has the means to retaliate against any military strikes...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

...cost-benefit analysis to be done," says Martin Bailey, who was a chairman of the Council of Economic Advisers under President Clinton and is a senior fellow at the Brookings Institution. "But if you can make the tests efficient, then I think they should become a part of the arsenal of regulation, particularly of the larger financial institutions...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

...insurgency is clearly an existential threat to the Pakistani government, which has been relatively cooperative with the U.S. to root out terrorists in the region. As such, given the critical security situation in Pakistan and the region as a whole—Islamabad also controls the only nuclear arsenal in the Muslim world—it is high time that the United States reconsider the nature of its alliance with the Islamic Republic...

Author: By The Crimson Staff | Title: Stepping Back from the Brink | 4/28/2009 | See Source »

...limitations of both equipment and men became obvious during Russia's five-day war with Georgia last August. Despite Russia's superior firepower and its bigger army, its ground offensive was not the overwhelming success it should have been. Moscow's military arsenal lacked anything to match Georgia's Israeli-made spy drones, according to Paul Holtom, senior researcher at the Stockholm International Peace Research Institute (SIPRI). Indeed, Russian troops operated with no modern surveillance or night-vision equipment at all, according to Russian Duma hearings last October. Says Vadim Kozyulin, head of the conventional-arms program at the Center...

Author: /time Magazine | Title: Russia Rearms | 4/27/2009 | See Source »

...involved an agreement to sell $2.5 billion worth of arms, while cancelling Libya's $4 billion Soviet debt. Or there was last October's agreement with Venezuela in which Medvedev gave Venezuelan President Hugo Chávez a $1.1 billion credit line so the country could add to its arsenal of Russian weapons...

Author: /time Magazine | Title: Russia Rearms | 4/27/2009 | See Source »

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