Dragon Versus Eagle Delivers Big War Bucks – – NewsFire — April 30th 2019

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US v China Arms Race Driving Military Spending to Record Levels

In 1984, Sting asked the question, do the Russians love their children too?  That question was asked because of the insane hype around the greatest arms race of ever, between America and the Soviet Union.
Why, oh why do I need to explain this to you given the headline you’ve already seen?  Well, it seems that arms race of all time is gonna have to take a step back to a new show, a new game, with America once again representing one side but CHINA stepping in to replace the Soviet Union.

From Business Standard – Global military expenditure reached its highest level last year since the end of the Cold War, fueled by increased spending in the United States and China, the world’s two biggest economies, a leading defence think-tank said on Monday.  In its annual report, the Stockholm International Peace Research Institute (SIPRI) said overall global military spending in 2018 hit $1.82 trillion, up 2.6 percent on the previous year.  That is the highest figure since 1988, when such data first became available as the Cold War began winding down. | go to source

NEWSFIRE HEADLINES

  • Did This Whale Found in Norway Come to Spy for Russia? The Whale’s Go-Pro Says Maybe

    BBC – A beluga whale found off Norway’s coast wearing a special Russian harness was probably trained by the Russian navy, a Norwegian expert says.  Marine biologist Prof Audun Rikardsen said the harness had a GoPro camera holder and a label sourcing it to St Petersburg. A Norwegian fisherman managed to remove it from the whale.  He said a Russian fellow scientist had told him that it was not the sort of kit that Russian scientists would use. | go to sourc […]

  • Trump Teases Potential Investigation of Clinton-Ukraine Collusion Accusations

    Fox News – President Trump told Fox News’ “Hannity” in a wide-ranging interview Thursday night that Attorney General Bill Barr is handling the “incredible” and “big” new revelations that Ukrainian actors apparently leaked damaging information about then-campaign chairman Paul Manafort to help Hillary Clinton’s campaign. | go to sourc […]

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