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Syrian Dissidents Declare Creation of 'National Alliance'
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1 00:00 g(r)omgoru [11131] 
Britain
Eurozone crisis poses military risk, warns defence chief
It is understood that Armed Forces planners are looking at the possibility that a new global financial crash could undermine the defence forces of key British allies. The head of the Armed Forces warned that economic issues pose a "strategic risk" to Britain.

Senior British commanders and officials are concerned that US plans to cut defence spending will be followed by other allies in Europe and elsewhere. Reductions in allied military capabilities could put a greater burden on Britain's stretched forces in Afghanistan and elsewhere, it is feared.
Hasn't Britain been downsizing their military for a number of years now, even to reducing the number of bullets each member of the fighting units is issued? Something is most certainly coming home to roost...
The military planning work has come to light after The Daily Telegraph disclosed last month that British embassies in the eurozone have been told to prepare emergency plans for the demise of the euro and the possible civil disorder that could follow.
Perhaps it's time to move some of the more ambitious from the dole to the Queen's shilling?
Senior ministers are increasingly convinced that the break-up of the single currency is a real possibility. Economists suggest that the failure of the euro could cause EU economies, including Britain's, to shrink by up to eight per cent.

Gen Richards, the Chief of the Defence Staff, said economic issues present the biggest threat to Britain and its interests in the world.

"I am clear that the single biggest strategic risk facing the UK today is economic rather than military," he told the Royal United Services Institute. "Over time, a thriving economy must be the central ingredient in any UK Grand Strategy. This is why the eurozone crisis is of such huge importance not just to the City of London but rightly to the whole country and to military planners like me."

The Armed Forces are facing painful cuts and the loss of tens of thousands of personnel, but Gen Richards said that such austerity was necessary.

"The country's main effort must be the economy. No country can defend itself if bankrupt," he said.

He used his speech to raise questions about the ability of European economies to sustain their armed forces. He asked: "What impact will fiscal restraint and slow recovery have on European defence capabilities?''

Gen Richards also noted that America, which is facing deep defence cuts, has said it will switch the focus of its main military effort from the Atlantic to the Pacific and south-east Asia. That means "less emphasis on Europe and her problems," he said.

Gen Richards also accepted that Britain's defence cuts carry risks, but insisted those risks were acceptable.

"It will mean taking risk. But managing risk is ultimately what we do and none of us in the Armed Forces are discomforted by the challenge," he said. The Armed Forces will need to "combine realism with imagination", he said.
Continued on Page 47
Posted by: Steve White || 12/16/2011 00:00 || Comments || Link || [11131 views] Top|| File under:

#1  Why do bad things happen to good people?
Posted by: g(r)omgoru || 12/16/2011 5:51 Comments || Top||



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Two weeks of WOT
Fri 2011-12-16
  Syrian Dissidents Declare Creation of 'National Alliance'
Thu 2011-12-15
  U.S. War in Iraq Declared Officially Over
Wed 2011-12-14
  33 Civilians, 7 Regime Troops Killed
Tue 2011-12-13
  Mexican Army bags 11 bad guys in Tamaulipas state
Mon 2011-12-12
  Mysterious explosion kills 7, injures 16 in Iran
Sun 2011-12-11
  Syrian Opposition Reports Deputy Defense Minister Killed
Sat 2011-12-10
  Rival Yemeni forces said to quit streets of Taiz city
Fri 2011-12-09
  Twenty trucks torched in attack at Nato terminal in Quetta
Thu 2011-12-08
  Yemen's unity government announced
Wed 2011-12-07
  New coalition government formed in Yemen
Tue 2011-12-06
  Afghanistan: Kabul shrine attacks 'kills 34'
Mon 2011-12-05
  France Reduces Tehran Embassy Staff after Attack on British Mission
Sun 2011-12-04
  Iran police arrest 12 over embassy rally
Sat 2011-12-03
  US Hands Over Camp Victory to Iraq
Fri 2011-12-02
  Syria Sanctions Target Assad Brother, 16 Other Senior Figures


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