Word: ralston
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...these disadvantages, Baltic militaries have improved dramatically over the past decade. But their real strategic importance to NATO doesn't lie in military might - the three countries combined have just over 20,000 troops - but from the new pan-Baltic radar network known as BaltNet. U.S. General Joseph W. Ralston, NATO's Supreme Allied Commander, calls the system "one of the best I've ever seen. We'd love to have it at NORAD in Alaska." With its central monitoring station in Karmelava, Lithuania, 100 km west of Vilnius, BaltNet can track any aircraft in Baltic airspace. The $100 million...
...strong NATO task force dubbed Operation Essential Harvest arrived in military transport planes, making Skopje's airport bustle as it hasn't since troops moved in for deployment in Kosovo in the summer of 1999. After a short visit to Macedonia early last week, Supreme Allied Commander General Joseph Ralston reported to the representatives of NATO's 19 member countries that the level of risk was "acceptable" for the alliance to launch the operation. The German Bundestag will meet in special session this week to sign off on its promised contingent of 500 troops, but otherwise there was surprisingly scant...
...three investigations of Microsoft, one of them driven by an American competitor, Sun Microsystems. Monti's staff is looking at the behavior of chipmaker Intel, at the behest of one competitor from the U.S. and one from Taiwan. U.S. regulators will review Switzerland-based Nestle's purchase of Ralston Purina, which would consolidate more than 50% of the $3 billion U.S. cat-food market. For now, the only antitrust authorities that really matter are in Brussels and Washington. But as other nations develop their economies, that may not always be the case. Activists in South Africa, for example, have forced...
...start with some comforting news: a lot of stocks are doing well. Despite awful headlines and a palpable fear, the average diversified stock fund has fallen a manageable 13% in the past year. Meanwhile, if you owned Philip Morris, Duke Energy and Ralston Purina in that period, you made money. Good money. Of course, those stocks killed you the two years before that, so nobody really loaded up with them. Still, it's a mistake to assume that everyone is losing his shirt in this bear market...
...with a dilemma. Madeleine Albright, U.S. Secretary of State, and NATO Secretary-General Lord George Robertson have bluntly warned Milosevic to keep his hands off Djukanovic. But they have yet to back up those exhortations with the threat of force. The current NATO commander for Europe, U.S. General Joseph Ralston, has been "as quiet as a church mouse" on the topic, says analyst John Fox of the Washington-based Open Society Institute. Fox says the West has made a critical mistake by letting Milosevic take the offensive. The current stance--keeping Belgrade guessing with a measured ambiguity--carries the risk...