February – March 2010

New Supply ‘Front’ for Afghan War Runs Across Russia, Georgia and the ‘Stans

The U.S. engagement in Afghanistan, including the 30,000 “plus-up” currently underway, represents one of the most difficult logistical challenges in the annals of war – a challenge even for the United States, which is the world champion of supply solutions.  Afghanistan is harder than the Vietnam “land war in Asia” or the Berlin airlift or Iraq I and II. These previous engagements, although difficult logistically, pale in comparison to the task of supplying 100,000 troops and as many contractors in Afghanistan over nine years and counting. Landlocked, mountainous, beset by civil war, banditry and extreme underdevelopment, Afghanistan is surrounded by a clutch of hostile, suspicious, barely functioning sovereignties.

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Independence and Regulatory Roles of U.S. and European Central Banks Get a Fiery Political Trial

As the “Great Recession” recedes, the aftershocks of public anger are exploding with a political passion not seen since the Great Depression.. In this tumult, knives are out for the two leading central banks – the U.S. Federal Reserve (the Fed) and the European Central Bank (ECB), the agencies responsible for monetary policies underpinning the world’s most important economies and markets.

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