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I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

Secretary of Defense James Mattis began reorienting the military away from the counterterrorism fight of the past two decades and toward competition with near-peers like Russia and China. The Pentagon began preparations to launch a new branch of the military, the Space Force. And top military officials declared the administration’s strategy in Afghanistan a success—even as the Taliban gained control of more and more swaths of the country. To cap off the year, President Donald Trump said he would withdraw all U.S. troops from Syria, drawing criticism from some lawmakers and experts who compared the decision to President Barack Obama’s hasty retreat from Iraq, and prompting Mattis to resign.

OTHER NEWS

China removed limits on foreign holdings in domestic banks and asset management companies, formalising a previously announced step toward opening its US$40 trillion financial sector. Overseas financial institutions will now be treated the same as local companies, the China Banking and Insurance Regulatory Commission said in a statement late Thursday, taking forward a process started […]

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