???Many new exiles hope to relocate to the United States: no small irony given that the instability they're fleeing was set in motion by the United States itself???
The objectives of the US in the Middle East, post 9/11, quite apparently did not have anything to do with immigration. Christian refugees from the Middle East relocating to the Land of Immigrants would most certainly make very grateful and patriotic future citizens, in spite of their hardships. Why is that bad for America, considering that most residents of that part of the World seem to have mostly very negative feelings towards America of late? Sir, where is the irony in all this?
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Middle East: The Other Christmas Rush Is Christians Fleeing Arabia
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Still, a U.S. downturn could force the Fed to cut rates, making the dollar even less attractive to investors. For now, that's where most analysts are putting their money.
—Stefan Theil
Trade Secrets: A Bomb In The Game
Once again Americans are paranoid about losing civilian technology with possible military uses to the "Red Army." Only now the Reds in question are Chinese, not Soviet. The dual-use issue was revived by a report last week from the Wisconsin Project on Nuclear Arms Control, warning that lax export rules could free Beijing to modernize its airborne weapons systems and purvey arms to Iran. Scary stuff, but there's not much to it.
Restrictions may have worked during the cold war, but Adam Segal of the Council on Foreign Relations argues, "Since then, there hasn't been any agreement among U.S. allies about what should be controlled. Also, it's harder to distinguish commercial from military uses, and there are more technologies available from a wider range of producers."
Today, if America refuses to sell, buyers can go to Israel, South Korea, Europe or Japan, not to mention Russia and China itself. When Washington blocked exports to Chinese semiconductor manufacturers, they just got parts elsewhere.
It's also hard to keep up with science. In 2001, the U.S. didn't want microprocessors of a certain speed to fall into the wrong hands. But by that time, chips like those were standard in Playstation game machines.
Another difficulty: sheer volume. U.S. high-tech exports to China grew 44 percent in 2006 to $17.7 billion—too much to track. In 2006 Larkin Trade International studied 47 proposed restrictions, and found that the Chinese were already buying 32 of the items from other sources. This is one hole that probably can't be closed.
—Adam B. Kushner
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