Word: plan
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...summit, he suggested that the best solution would be stricter rules on capital levels - a proposal that has already been made by the Financial Stability Board, a group of central bankers and regulators that has been tasked by the G-20 with formulating a plan to target bonuses. (See pictures of Nicolas Sarkozy...
Moreover, the proposed shield was impractical and overly ambitious. Recent intelligence reports have shown that Iran isn’t developing the long-range missiles that the Eastern European missile shield could have protected against. The new plan, on the other hand, addresses the imminent threat that a nuclear Iran poses, which come mainly from low- to medium-range missiles. Intelligence has reported that Iranians have developed missiles with empty spaces in them that can hold nuclear devices. This new system can protect Israel and Eastern Europe from such Iranian missiles in a cheaper and more efficient manner...
This move reaffirms the president’s goal of cutting Cold War-era defense programs and replacing them with modern projects that cater to the military needs of the 21st century. The current plan is less ambitious than the Star Wars system, imagined by President Reagan, but it does the job required far more efficiently. It takes into consideration the technology and threats present in today’s world...
Politically, President Bush’s ambitious plan of missile defense had long aggravated Russia, who thought the system was directed against it. Russian President Dmitri Medvedev, however, welcomed Obama’s plan, calling it “responsible.” On that note, we are pleased that the new plan will improve relations between Moscow and Washington, especially leading up to talks on nuclear-missile reductions scheduled to take place later this month. The White House, however, was quick to point out that the plan does not represent a concession to the Russians, but a reassessment...
...means that a Russian or Chinese veto of new sanctions measures at the Security Council could actually prevent Germany from signing on. And Russia is hardly looking flexible. Foreign Minister Lavrov reiterated Russia's opposition to new sanctions Sept. 17, even after the U.S. announced the scrapping of a plan to deploy a missile-interceptor system in Poland and the Czech Republic - a move Moscow had long sought...