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How Defense Offsets Help Drive the Global Defense Industry
Amid all the talk surrounding the Pentagon’s new Defense Innovation Initiative, also called the “third offset strategy,” we should be mindful of another type of offset that is in the forefront of defense companies’ growth strategies and increasingly becoming a C-suite agenda item. I refer to defense offset agreements, pledges that U.S. defense companies make to foreign entities—usually foreign governments—in order to secure their business.
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Saudi suspends aid to Yemen after Houthi takeover
Saudi Arabia has suspended most of its financial aid to Yemen, Yemeni and Western sources said, in a clear indication of its dissatisfaction with the growing political power of Shi'ite Houthi fighters friendly with Riyadh's regional rival, Iran.
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Saudi woman driving blog ‘arrest’
She tweeted that officials had taken aside, and were making phone call after phone call. Hours went by. Her friend and UAE-based Saudi journalist Maysaa Al-Amoudi, drove to the border from Dubai to bring her supplies.
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Saudi Arabia likely to tighten 2015 budget – but not stop growth – after oil price falls
Plunging oil prices could mean the first budget cuts for major exporter Saudi Arabia since 2002 but they are not expected to be large enough to stop growth in the Arab world’s biggest economy.
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How Afghans Feel About the Direction of Their Country
In its tenth annual public opinion survey in Afghanistan, Afghanistan in 2014: A Survey of the Afghan People, the Asia Foundation polled over nine thousand citizens across all thirty-four Afghan provinces. While insecurity remains the top public concern, 48.5 percent of those surveyed cited economic growth as the biggest problem confronting the nation today.
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Glenn Beck loses bid to dismiss Saudi’s libel suit
A federal judge has rejected a bid by conservative commentator Glenn Beck to toss out a libel lawsuit filed by a Saudi student Beck repeatedly accused of funding the 2013 Boston Marathon bombing.
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The world’s first pipeline war has officially come to an end
One of the strangest wars of modern times—a seven-year-long pipeline dispute that pitted the United States against Russia for influence in Europe—has ended.
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Israel headed to elections: Lapid rejects Netanyahu’s terms for saving coalition
Finance Minister Yair Lapid late Monday rejected Prime Minister Benjamin Netanyahu's ultimatums presented to him in a meeting billed as a last-ditch attempt to preserve the coalition. Netanyahu demanded that Lapid stop “sabotaging the work of the government,” retract his opposition to Netanyahu’s version of the Jewish nation-state bill, and freeze the zero-VAT plan, the flagship of Lapid’s economic agenda.
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Between ISIS and Iran: Bahrain Tweaks Washington
Such is the background to this weekend's "Manama Dialogue," an annual event organized by the London-based International Institute for Strategic Studies and hosted by Bahrain. Manama will want to show off its role in the anti-ISIS coalition while also emphasizing the threats posed by a nuclear Iran, which it blames for subversion among its Shiite population. The third leg of the stool is Bahrain's political system, for which last week's elections are a probably short-term fix. But for how long it will remain stable is uncertain.
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