Trillions - 19FortyFive
After a lifetime studying monetary policy, Milton Friedman famously concluded that inflation was always and everywhere a monetary phenomenon. He also concluded that monetary...
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The war began on 28 February with little public explanation. The administration did not make a full case to Congress or to the country,...
A modern Arleigh Burke Flight III destroyer costs about $3 billion. At $23.4 billion, USS Defiant represents nearly eight of them. Pursuing the battleship...
The maximalists wanted regime change, the minimalists wanted nothing, and the doubters see only waffling. Carafano's answer: the victor gets to define victory —...
Reports indicate that American short-range ballistic missile inventories have been nearly exhausted and Tomahawk stockpiles badly depleted during the war with Iran. Patriot interceptors...
For all the talk of spending targets, the Ankara NATO summit's real work happened elsewhere. Europe is being handed responsibility for NATO's conventional defense...
Western analysts fixate on North Korea's missiles. The real danger is speed — a mass artillery-and-missile salvo in the war's first hours, backed by...
The second Trump administration is reviewing America's military footprint in Europe, and the worst-case outcome is a full withdrawal. Andrew Michta argues that would...
The US-Iran Memorandum of Understanding is being judged on whether it cools tensions in the Persian Gulf. Strategic-studies scholar Andrew Michta argues that's the...
Under the model reported by IRNA, commercial vessels would enter the Strait through waters controlled by Iran and exit via routes close to the...
The Soviet Alfa-class submarine was built from exotic titanium and could hit 40 knots. There was just one problem: they were really loud in...
Vladimir Putin is 73 and has never publicly designated a successor. Writing in Foreign Affairs on 7 August, Julian G. Waller of the Center...
Ukraine recorded the Mirage 2000's first combat use on 7 March 2025, during a large Russian missile and drone attack. The Ukrainian Air Force...
No vessel entered any of the three Ukrainian ports in the Odesa region on Wednesday, the first such day since the grain corridor opened...
Oil futures are signaling that traders expect prices to fall over the coming months, despite the war and the disruption around Hormuz. The bet...
Ukraine's long-range drone strikes on Russian refineries have spread the fuel crisis into the countryside just as harvest begins, one analyst argues, with farmers...
Two tankers loaded with Saudi crude reversed course in the Red Sea — without being fired on — after the Houthis threatened any ship...
Trump calls the strait "sort of open." Iran calls the arrangement "a new and different model." Last June, vague wording in a similar deal...
A peace settlement would have to resolve occupied territory, Ukraine's relationship with the West and sanctions, and neither government is close enough to the...
Ukraine on Tuesday executed a series of drone strikes on an industrial zone near Moscow, and across the whole country, strikes on three warehouses...
On July 20, a China Coast Guard team in a small boat closed on Philippine sailors near Second Thomas Shoal and repeatedly struck one...
North Korea has roughly 60 nuclear weapons and Kim Jong-un keeps demanding an exponential increase. Bruce Bennett works the problem backward, from Kim's objectives...
Xi's first Pyongyang visit in seven years, a ratified Russia pact, and a declaration that the arsenal is permanent: Andrew Latham on why the...
Last year North Korea's newest destroyer rolled over at its own launch, and the world assumed the program was finished for years. Instead Pyongyang...
The KN-23, North Korea's version the Russian Iskander missile, showed up to fight in the Ukraine war. And it isn't the same platform as...
After a lifetime studying monetary policy, Milton Friedman famously concluded that inflation was always and everywhere a monetary phenomenon. He also concluded that monetary...
One of the fundamental roles of a leader is organizing people—knowing how to direct people’s efforts and where to allocate resources. Failing to establish...
Just weeks after Pakistani Prime Minister Imran Khan visited Sri Lanka to advocate on behalf of the island nation’s Muslim community, the Sri Lankan...
The House of Representatives is expected this week to take up one of the most egregious immigration amnesty bills in recent memory, the Farm Workforce Modernization Act....
Abdullah Öcalan, the Kurdish leader imprisoned by Turkey for the past 22 years may be dead. On March 14, rumors erupted on Turkish social...
