Since then, oil has fuelled an Azeri military buildup.

Economic development involves financial flows and the buildup of debt.

Such distortions are generally preceded by a buildup of macroeconomic imbalances.

Russia, with its formal nuclear superiority, has no serious fears regarding China s military buildup.

To defeat Al Qaeda, the US doesn t need a troop buildup certainly not in Afghanistan.

But without a formal treaty, a new nuclear buildup may occur through carelessness, not superpower rivalry.

Some of these challenges, such as the buildup of global imbalances, have been discussed for many years.

But the expert concluded that, despite the alarming number of missiles, they did not constitute a buildup.''

Only 18 of Democrats supported sending 40,000 more troops to Afghanistan, while 57 of Republicans supported a troop buildup.

Logically, Ozawa s approach involves a significant military buildup, but he remains silent about how to maintain effective deterrence once the US Marines leave Okinawa.

NEW YORK I first met Robert McNamara, the US Secretary of Defense who presided over the American buildup in Vietnam, in the summer of 1967.

But, while the buildup of reserves currently around 7.6 trillion in emerging and developing economies protected them, money going into reserves was money not spent.

Baffled by that conclusion, the Congressmen began asking one question relentlessly if the existing PLA missiles did not constitute a buildup,'' then what number of missiles would?

France and other countries were willing to show solidarity, but Germany, traumatized twice in the twentieth century by runaway prices, was allergic to any buildup of inflationary pressures.

The risk today is not imminent crisis, but rather that the capital flows arising from the global boom will not be well managed, leading to the buildup of vulnerabilities.

While this rivalry will have a military component, as evidenced by China s enormous military buildup, it will manifest itself primarily in terms of economic, political, and normative spheres of influence.

While this rivalry will have a military component, as evidenced by China s enormous military buildup, it will manifest itself primarily in terms of economic, political, and normative spheres of influence.

As the huge buildup of dollar reserves now almost 800 billion expands China s domestic monetary base, short term interest rates will be driven down, at least until they hit zero.

The country s rapid economic growth, strategic potential, huge internal market, and enormous investment in infrastructure, education, and research and development, as well as its massive military buildup, will see to that.

They also do not seem to realize that an energy tax is a much cheaper way for Europe to protect itself from Iran and Russia than alternative means, such as a defense buildup.

Chinese critics, in particular, have expressed concern that Japanese militarism could reemerge, though they neglect to mention that it is China s military buildup that prompted Japan s government to reassess its national defense policy.

The alternative to the talks is a further nuclear buildup by Iran, followed by additional international sanctions and, eventually, another war in the Middle East, which no one believes can resolve the problem.

These cause a major buildup of traffic and are the main sources of pollution in the towns, notably in Strasbourg where the motorway traffic of the A35 was 170,000 per day in 2002.

He pointed particularly to the PLA's increasing number of short , intermediate and even long range ballistic missiles. But the expert concluded that, despite the alarming number of missiles, they did not constitute a buildup.''

But, increasingly, official financing is coming from the European Central Bank first with bond purchases, and then with liquidity support to banks and the resulting buildup of balances within the eurozone s Target2 payment system.

And lower interest rates over the past decade brought down to German levels through Greece being allowed, rather generously, into the euro zone led to little more than further deficits and a dangerous buildup of government debt.

Finally, both Asia and the US must remain focused on addressing the fundamental macroeconomic policy challenges that contributed to the crisis. Some of these challenges, such as the buildup of global imbalances, have been discussed for many years.

But President Bush doesn't want to write this promise into a formal treaty indeed, America's president seems allergic to formal treaties, whether they tackle pollution or nuclear weapons. But without a formal treaty, a new nuclear buildup may occur through carelessness, not superpower rivalry.

As the huge buildup of dollar reserves now almost 800 billion expands China s domestic monetary base, short term interest rates will be driven down, at least until they hit zero. In May 2006, the fairly free domestic interbank rate was just 1.62 , while the US Federal Funds rate was 5 .

Until recently, such official finance came from fiscal authorities (the European Financial Stability Facility, soon to be the European Stability Mechanism) and the International Monetary Fund. But, increasingly, official financing is coming from the European Central Bank first with bond purchases, and then with liquidity support to banks and the resulting buildup of balances within the eurozone s Target2 payment system.