Asia’s Next Crisis Is a Flood of Debt
Not guaranteed to protect against financial contagion. Photographer: Nicolas Asfouri/AFP/Getty Images Asia is still traumatized by the great financial crisis of 1997, when Thailand's devaluation of the baht set off a region-wide collapse in markets. Could it happen here again? The mere question will strike many as odd, given...
US continues testing surveillance aircraft in Singapore
(4 Aug) - A U.S. surveillance plane is joining Singapore’s military in exercises as the navy tests the aircraft’s capabilities after the Pentagon found it ineffective at some tasks. The P-8 Poseidon at Paya Lebar Airbase on 1 Aug 2014. (Photo: Getty Images) The P-8A Poseidon, a Boeing Co. 737-800 modified with radar and...
Singapore, the social laboratory
(29 Jul) - In October 2002, Peter Ho, the permanent secretary of defense for the tiny island city-state of Singapore, paid a visit to the offices of the Defense Advanced Research Projects Agency (DARPA), the U.S. Defense Department's R&D outfit best known for developing the M16 rifle, stealth aircraft technology, and the...
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