Recent Posts

‘Sick’ economy the problem, not austerity

A Greek scenario which saw furious masses unseating their government through ballots, accusing it of conceding too much to harsh austerity measures that had left them struggling to make ends meet, is being played out in more European countries: Spain, Portugal and Ireland…The list could grow further. The angry voters in these countries are venting their wrath on established political ...

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Is the Japan-India military aircraft deal dead?

Franz-Stefan Gady SPECIAL TO EMIRATES BUSINESS A Japan-India defense deal over the procurement of 12 ShinMaywa US-2 amphibious search-and-rescue aircraft for the Indian Navy is facing additional delays and an uncertain future, according to Japanese diplomatic sources interviewed by The Hindu newspaper. Japan has no plan for “selling or delivering” the US-2 maritime surveillance aircraft in the immediate future and ...

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China’s defense budget to grow 7-8%

Time for your weekly China links… China’s “two sessions” – the annual meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference – are in full swing. The main event, the NPC meeting, begins tomorrow, and will see China’s 13th Five Year Plan officially approved. But one big announcement has already been made: NPC spokesperson Fu Ying ...

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