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...external cash infusions now that its economy has flatlined. Vietnam has also racked up a massive trade deficit with China. As more Chinese companies venture across the border and sink millions into new investment projects, Hanoi can't dictate all the terms. Nor can they just close the spigot. "The Vietnamese have to be careful of what they wish for," says Thayer...

Author: /time Magazine | Title: In Vietnam, New Fears of a Chinese 'Invasion' | 4/16/2009 | See Source »

...Funding [an Afghan] force this size will be a major challenge - especially if it succeeds," says Stephen Biddle, a military expert at the Council on Foreign Relations. While the West will pump in the billions needed to fund the force during wartime, they'll turn that spigot off as soon an uneasy peace emerges. "Yet, the Afghan government is very unlikely to be able to pay these costs itself even if we make optimistic assumptions about economic growth and government revenue extraction potential," Biddle says. "The result could easily be a postwar Afghan security force too large...

Author: /time Magazine | Title: Can Afghanistan Support a Beefed Up Military? | 3/20/2009 | See Source »

...defense contractor who has enjoyed a decade of bottomless Pentagon funding, it was Gates' comments about a struggle much closer to home that are keeping you up at night. "The spigot of defense spending that opened on 9/11 is closing," he said. "With two major campaigns ongoing, the economic crisis and resulting budget pressures will force hard choices on this department...

Author: /time Magazine | Title: Can Robert Gates Tame the Pentagon? | 2/12/2009 | See Source »

...plummeting price of crude forced Chávez, who controls the hemisphere's largest oil reserves and is a major U.S. supplier, to turn off the Citgo spigot this week and focus more of his aid resources at home. Critics of Chávez point out that his need to shore up domestic funds is even more urgent because he's trying to win support for a national referendum, probably to be held next month, on whether to eliminate presidential-term limits and let him run again...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...supplies from Russia. There's no straight concordance between energy dependency and forbearance toward Russia. Poland and the Baltic states, which pushed for a tougher line against Moscow, would freeze without Russian natural gas and oil - and indeed, Lithuania, Ukraine and the Czech Republic have all seen the spigot closed on deliveries from Russia in recent years. But German politicians, particularly many in the Social Democratic Party (SPD) - the junior member of Christian Democratic (CDU) Chancellor Angela Merkel's ruling coalition - have long felt a special responsibility for keeping a line open to Moscow, from Willy Brandt's Nobel Prize...

Author: /time Magazine | Title: Russia: In Search Of Unity | 9/4/2008 | See Source »

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