Everybody has to make a living, and for U.S. defense companies, making a living may involve selling increasing quantities of goods to foreign countries. This comes in response to Defense Secretary Robert Gates’ slashing of a variety of defense programs in order to trim the federal budget.
Experts in the field expect U.S. defense spending to taper off in the years to come, forcing U.S. defense companies to appeal to foreign buyers in order to make up the difference. Defense companies have even begun to expand the definition of “global security” to include a variety of infrastructural goods, like clean water, …read more

Following days/weeks of speculation – and a “sure thing” endorsement from the national media – Barack Obama announced today that he will nominate Hillary Clinton as his Secretary of State.
Clinton has been touted as a choice who can “hit the ground running” as she has a substantial knowledge of foreign affairs and is a respected envoy.
Assuming that she will be approved by the Senate (each cabinet member will be questioned by and voted upon by the Senate, following the inauguration), Clinton will relinquish her New York Senate seat. She has served in the Senate since 2001.
By nominating Clinton, Obama …read more