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...President Obama has made concrete progress on peacemaking in that traditional Cold War discipline of arms control with Russia. He's done that, in part, by jettisoning the post-Cold War hubris of his predecessors who acted as if Russia's strategic interests, and its nuclear arsenal, no longer mattered. Instead, the progress has come in traditional quid-pro-quo arrangements, most notably President Obama's decision to scrap an as-yet hypothetical missile shield on Russia's doorstep. Still, the world's two nuclear powers plan to negotiate reductions to their own arsenals, and to take the lead...
...gold chain on his neck and a black baseball cap. But O'Neil's retirement outlook is growing darker every day. He once made a six-figure salary, but the 63-year-old is fairly certain that his savings won't be able to sustain him for very much longer. He has some $500,000 left in his 401(k) and spends about $75,000 a year. At this rate, he worries he will tap out his retirement savings within the next decade. (See 10 things to buy during the recession...
Indonesians will have to wait a little longer to see U.S. President Barack Obama indulge in a bowl of bakso - a kind of Indonesian meatball soup - and visit the neighborhoods in Jakarta where he spent time as a young boy. Anticipation of visit from Obama after he attends an Asia Pacific Economic Cooperation (APEC) summit in Singapore in November was high until the Indonesian press got wind of his decision to reschedule the trip until sometime next year. "Many people will be disappointed but I think they understand that he has a lot on his plate back home," says Dennis...
...Washington D.C. in September and said she was interested in creating a foundation that will help send Indonesian kids to school in the U.S. "She wants to come next summer to visit schools in remote areas that need help," says Korompis. "If they come next year they can stay longer." And though there has been some disappointment, Indonesians agree that the relationship is a special one given Obama's unique history, and clearly will be happy whenever he chooses to come...
...tensions between Iran and its neighbors. Missteps could fan popular anger and play into the hands of groups like al-Qaeda, ever eager to channel the discontent of the street. And with what many perceive as the steady decline of U.S. power and influence, China will only cast a longer shadow on the global stage. "In the coming years," says Simpfendorfer, "China will have to walk a very thin line...