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South China Sea

Philippines President Announces Military Buildup

With the support of President Benigno Aquino III, as well as $30 million from the United States, the Filipino military will add more than 40 aircraft -- including attack helicopters -- and other weapons to its arsenal.
Gary Johnson 2012 Video: Libertarian Candidate Reintroduces Marijuana Legalization Debate Into Presidential Campaign [FULL TEXT]

Gary Johnson 2012 Video: Libertarian Candidate Revives Marijuana Legalization Debate In Presidential Campaign

The War on Drugs has been in overwhelming failure -- even the Global Commission on Drug Policy says fundamental reforms in national and global drug control policies are urgently needed -- but what are our presidential candidates willing to do about it? Leading up to November's 2012 election, former governor Gary Johnson asks why America doesn't apply what it learned about prohibition of alcohol in the 20s to prohibition of marijuana in the new millennium.
Barclays Bank

Barclays Favourite Turns Down Chairmanship

Michael Rake, deputy chairman of Barclays, has ruled himself out of contention to be its new chairman, striking a blow to the UK bank as it hunts for new leadership to steer it through its interest rate-rigging scandal.

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