Archive for September 17th, 2009
Backdown on Missile Plan Hurts Defense Stocks
Officials at the Pentagon unanimously agreed today that they would drop the elaborate plan to build a missile defense system in Eastern Europe. Naturally, this was met with much criticism – but regardless of the new plan’s merits from a security standpoint, this has a profound impact on the defense sector. Unfortunately, this impact is [...]
Posted: September 17th, 2009 under Defense, Foreign Policy, Iran, Obama, The First Year.
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