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Pentagon says can ill-afford more top fighter jets |
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Written by Don
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Friday, 21 November 2008 |
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By Jim Wolf The U.S. Defense Department told Congress it could ill-afford more top-of-the-line F-22 fighter aircraft than now in the pipeline, partly to protect another Lockheed Martin Corp fighter, the multinational F-35. Continued purchases of the radar-evading F-22 could "jeopardize the Department's ability to procure the F-35 in the quantities required to maintain affordability," John Young, the Pentagon's chief arms buyer, told a House of Representatives Armed Services panel on Wednesday. Read more... |
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Chinese Automakers may buy GM and Chrysler |
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Written by Don
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Friday, 21 November 2008 |
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By Bertel Schmitt Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, China’s 21st Century Business Herald reports. A National Enquirer the paper is not. It is one of China's leading business newspapers, with a daily readership over three million]. This newspaper cites a senior official of China’s Ministry of Industry and Information Technology– the state regulator of China’s auto industry– who dropped the hint that “the auto manufacturing giants in China, such as Shanghai Automotive Industry Corporation (SAIC) and Dongfeng Motor Corporation, have the capability and intention to buy some assets of the two crisis-plagued American automakers.” Read more... |
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Taliban Regains Power, Influence in Afghanistan |
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Written by Don
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Friday, 21 November 2008 |
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The Taliban are setting up courts and other local-government institutions across southern Afghanistan, challenging U.S. efforts to pacify the country and bolster the authority of the central government in Kabul.
Senior American military officials said the Taliban run roughly two dozen law courts in southern Afghanistan, one of the armed Islamist group's main strongholds. Drawing on a fundamentalist interpretation of Islamic law, the courts work to resolve conflicts over property, grazing rights and inheritances, the officials said. Read more... |
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