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House Approves $696 Billion Military Spending Bill

House Approves $696 Billion Military Spending Bill

by Jason Ditz | Jul 15, 2017 | Peace and Prosperity Blog

In a 344-81 vote yesterday, the House of Representatives passed their version of the 2018 National Defense Authorization Act (NDAA), a $696 billion spending bill which far exceeds the amount of money sought by the Pentagon and the Trump Administration.The bill has a...

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20th Anniversary, Asian Financial Crisis: Clinton, The IMF And Wall Street Journal Toppled Suharto

20th Anniversary, Asian Financial Crisis: Clinton, The IMF And Wall Street Journal Toppled Suharto

by Steve H. Hanke | Jul 15, 2017 | Featured Articles

On August 14, 1997, shortly after the Thai baht collapsed on July 2nd, Indonesia floated the rupiah. This prompted Stanley Fischer, then the Deputy Managing Director of the International Monetary Fund and presently Vice Chairman of the U.S. Federal Reserve, to...

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Aleppo and Mosul: A Tale of Two Liberated Cities

Aleppo and Mosul: A Tale of Two Liberated Cities

by Neil Clark | Jul 14, 2017 | Featured Articles

The Iraqi city of Mosul. The Syrian city of Aleppo. Both 'liberated' in recent months from radical jihadist terror groups. But while one anti-terrorist operation has been lauded in the West, the other was fiercely denounced.The very different ways in which the...

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