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July 10, 2014

SHALE & BIG BUCKS: US corporate 'reassurance initiative' in Europe


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See ARTICLE:


Pentagon Takes New Actions to Boost Ukraine's Military, Defense Industry

7/9/2014


President Obama has approved $33 million in security assistance for Ukraine since the beginning of the crisis. ...

The United States has ceased virtually all military-to-military cooperation with Russia. It has provided Ukraine with a billion-dollar loan guarantee and $196 million in other assistance ...

The administration, meanwhile, is seeking congressional approval of $1 billion in funding for the so-called European Reassurance Initiative, which would increase U.S. military presence in Europe and pay for security assistance projects.

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FULL article - National Defence Magazine - here.

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COMMENT

Cut-throat corporate competition for Shale might explain the big bucks referred to above & the 'European Reassurance Initiative', which is beginning to sound more like a corporate 'reassurance initiative' ... but, hey, the poster's a newbie to politics watching and knows nothing about economics. LOL

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