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L. Todd Wood

L. Todd Wood

L. Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd is a contributor to Fox Business, Newsmax TV, Moscow Times, the New York Post, the National Review, Zero Hedge and others. For more information about L. Todd Wood, visit LToddWood.com.

Articles by L. Todd Wood

Russian President Vladimir Putin is famous for his nostalgia for the Soviet Union, but that memory can work both ways. (Associated Press)

Vladimir Putin’s boasts echo Soviet Union unease

Perhaps a sense of deja vu has crept into the Kremlin's thinking. It is obvious that the Russian military is worried about America's missile defense, worried about an arms race it can't win, and worried about President Trump's unpredictability and determination to rearm the depleted U.S. military.

March 1, 2018

A Night For Freedom’s big tent

The stranglehold big business held on the Republican establishment has been diminished, in favor of new thought leaders who bring new ideas, and new members, to the party. A Night For Freedom, a growing crusade developed by internet sensation Mike Cernovich, is one of these movements. I was privileged to attend a recent event in Washington, D.C. over the weekend, after attending CPAC.

February 28, 2018
Russian President Vladimir Putin delivers his speech at the Grand Kremlin Palace marking the Defender of the Fatherland Day in Moscow, Russia, Thursday, Feb. 22, 2018. (Yuri Kadobnov/Pool Photo via AP)

Russians are hoarding gold while U.S. piles up debt

If you ignore the corruption and misallocation of capital in the Russian economy, you could make the case that Moscow has been more financially responsible than Washington over the last several decades.

February 22, 2018
Relatives mourn one of two Palestinian teenagers who were killed Saturday trying to infiltrate Israel, during his funeral in the Rafah refugee camp, southern Gaza Strip, Sunday, Feb. 18, 2018. The Israeli military said it struck 18 targets in Gaza early on Sunday, in response to an explosive device that wounded four Israeli soldiers, along the border with the territory. (AP Photo/ Khalil Hamra)

Gaza flares up after Syrian attack on Israel

The shoot-down of an Israeli F-16 after an Iranian drone was flown into Israeli airspace last week was widely reported. However, what is even more interesting, but not widely reported or discussed, is the flare-up of violence from the Gaza Strip, where Israel fought a short conflict in 2014 against Hamas terror.

February 18, 2018
Russian President Vladimir Putin shakes hands with Israeli Prime Minister Benjamin Netanyahu, right, during their meeting in the Novo-Ogaryovo residence, outside Moscow, Russia, Monday, Sept. 21, 2015. (AP Photo/Ivan Sekretarev, Pool) **FILE**

Israel should be America’s ally, not Russia’s

For its own preservation, Israel under Mr. Netanyahu has been forced to cozy up to the Kremlin and Russian President Vladimir Putin, who has made himself the kingmaker in the region after Mr. Obama's abdication of responsibility.

February 15, 2018
Iranian President Hassan Rouhani arrives for a press conference at the presidency compound in Tehran, Iran, Tuesday, Feb. 6, 2018. A portrait of the Supreme Leader Ayatollah Ali Khamenei hangs on the wall. (AP Photo/Vahid Salemi)

Iran turning its sights on Israel

We've predicted for some time that once the fight between pro-Assad Shia elements (Iran/Hezbollah) and Sunni Islamists in the Middle East wound down, Iran and its proxies would turn their attention towards Israel to achieve their longstanding dream of wiping the Jewish State off the map.

February 10, 2018
A Russian plane shot down over northwest Idlib province in Syria might have been a message from President Trump that America is back. (Associated Press/File)

Donald Trump fixes Hillary Clinton’s Russia ‘reset’

Hillary's Russian reset proved to be anything but -- in fact, it was the beginning of amateur hour when it came to American-Russian relations. President Trump is changing all that, resetting relations for real in fields like national security where it matters, without the plastic buttons from OfficeMax and the sickening fanfare.

February 8, 2018
Russian Su-25 ground attack jet lands after return from Syria at a Russian air base in Primorsko-Akhtarsk, southern Russia, Wednesday, March 16, 2016. More Russian planes returned from Syria on Wednesday, two days after President Vladimir Putin ordered Russian military to withdraw most of its fighting forces from Syria, signaling an end to Russia's five-and-a-half month air campaign. (AP Photo)

ManPAD Rubicon passed in Syria

On Saturday, a Russian Su-25 Frogfoot attack jet was shot down in Syria by what Russia calls "terrorists" and the U.S. calls "Anti-Assad rebels." The Su-25 is Russia's version of the vaunted, American A-10, and was designed and built around the same time. The Frogfoot has only slightly swept wings, and is meant to fly low and slow over the battlefield, carrying a heavy load of weapons. In short, it is meant to loiter and find targets on the ground to attack. It is not an air-superiority aircraft, and is 1970s technology. It has one mission--to find things on the ground and kill them.

February 4, 2018
The International Energy Agency forecast that the U.S. would become the world's largest energy producer this year and that U.S. production could increase 25 percent by 2025, reaching 30 million barrels of oil and gas a day. (Associated Press/File)

U.S. as world’s largest energy producer will shape global markets

I had an argument recently with a woman in Moscow over American energy production. She simply did not believe that the United States has become the largest energy producer in the world -- which marks a real shock to the ordinary Russian's self-image.

February 1, 2018
Russian President Vladimir Putin and Christopher Steele, author of a debunked anti-Trump dossier, had close associations among the cadre of business-ruling oligarchs, government reports show. (Associated Press/File)

Putin splits NATO, exploits Turkey’s fears

One of the objectives of Russian President Vladimir Putin and the Russian security services, since that crucial time in Mr. Putin's mind when he decided to turn against the exploitation of Russia by the West, has been to split the NATO alliance. This week, Mr. Putin officially achieved his goal.

January 30, 2018
Ronald Reagan

Donald Trump takes Ronald Reagan mantle to defend the West

I can remember the wailing and gnashing of teeth in Europe as President Ronald Reagan deployed medium-range nuclear missiles into Western Europe to counter the Soviet threat. I can remember the name-calling, the "Ronald Ray Guns," the stupid American cowboy references. The leftists of Europe and the United States threw everything, including the kitchen sink, at the Great Communicator. However, the simple fact remains for history's judgment — Reagan was right.

January 25, 2018
In this June 20, 2017, photo, President Donald Trump shakes hands with Ukrainian President Petro Poroshenko during a meeting in the Oval Office of the White House in Washington. Seeking leverage with Russia, the Trump administration has reopened consideration of long-rejected plans to give Ukraine lethal weapons, even if that would plunge the United States deeper into the former Soviet republic’s conflict. (AP Photo/Evan Vucci, File)

New war in East Ukraine?

Well, it looks like the Deep Obama State and the neocons are going to get their new war in East Ukraine. This time it will be with American weapons killing Russians. How cool is that?

January 22, 2018
Russian billionaire banker Alexander Lebedev gives an interview at his home in Moscow in 2008. (AP Photo/Ivan Sekretareve)

Russia needs to grow, but has no idea how

The Russian media outlet Republic.ru reported this week on a conversation with Alexander Lebedev, a Russian businessman and banking expert. The most striking comment made in the interview was Mr. Lebedev's assertion that at least $100 billion had been illegally smuggled overseas from Russian banks over the last decade. For an economy the size of Russia's, that is an extraordinary amount.

January 18, 2018