With the yield on 10-year US Treasury bonds rising to a seven year peak of nearly 3.25 per cent, many bond market bears will be feeling a sense of belated vindication. But the...

Hurricanes can also blow ill political winds, as George W. Bush found out with Katrina in 2005. The horrific loss of life, especially in New Orleans, and the...

In the terminal phase of Richard Nixon’s presidency, in the American summer of 1974, defence secretary James Schlesinger worried that Nixon’s mental decline would lead to a nuclear incident. By this point, secretary...

There is no doubt the aspiration to a world free of nuclear weapons is a good one. For Australia, it’s the right thing to aim for, but it’s also in our national interest...