In the news...

April 15, 2013

News Briefs April 15, 2013

EADS in talks to buy almost half a billion euros worth of shares from French government

The parent company of European jet maker Airbus says it is in talks to buy back almost half a billion euros worth of its own stock from the French government.

European aerospace giant EADS says in a statement April 15 that the deal would see it buy back 1.56 percent of its shares from the French governmentís current 14.83 percent stake. The company will pay 37.35 euros per share ó about the same as French media group Lagardere was paid when it sold its entire stake last week.

Earlier this month. EADS launched a 3.75 billion euro share buyback program. The French government has also recently indicated its intention to trim its shareholdings. AP

Western cuts bring down global military spending in 2012, but outlays surge in Russia, China

A Swedish-based arms watchdog says world military spending dipped last year for the first time since 1998.

The Stockholm International Peace Research Institute says the world spent $1.75 trillion on its armed forces in 2012, down 0.5 percent from the year before.

SIPRI says military outlays dropped in the austerity-ridden West but rose in Russia, China and other emerging economies, highlighting “what may be the beginning of a shift in the balance of world military spending.”

Still, SIPRI’s report April 15 showed the U.S. remains way ahead of all other countries, accounting for 39 percent of global military spending in 2012. AP




All of this week's top headlines to your email every Friday.


 
 

 

Headlines March 2, 2015

News: Israel lobbies for more missile defense funds than Obama sought - For the second consecutive year, Israeli officials have asked the U.S. Congress to add more than $300 million to President Barack Obama’s budget request for their nation’s missile-defense programs.   Business: Inside one of the most intense, and unusual, Pentagon contracting wars - The much-anticipated...
 
 

News Briefs March 2, 2015

Italy resumes Navy exercise amid new tensions over Libya The Italian Navy is resuming exercises in the Mediterranean Sea, including near the coast of Libya, amid concerns about rapidly deteriorating security in the North African nation. The exercise began March 2 and includes anti-submarine, anti-aircraft and anti-ship training operations. The exercise was suspended for a...
 
 

News Briefs February 27, 2015

Ukraine will start pulling back heavy weapons in the east Ukraine’s military says it will start pulling back its heavy weapons from the front line with Russian-backed separatists as required under a cease-fire agreement. The Defense Ministry said in a statement Feb. 26 that it reserved the right to revise its withdrawal plans in the...
 

 

Northrop Grumman’s AstroMesh reflector successfully deploys for NASA’s SMAP satellite

The NASA Jet Propulsion Laboratory successfully deployed the mesh reflector and boom aboard the Soil Moisture Active Passive spacecraft, a key milestone on its mission to provide global measurements of soil moisture. Launched Jan. 31, SMAP represents the future of Earth Science by helping researchers better understand our planet. SMAP’s unmatched data capabilities are enabled...
 
 

Headlines February 25, 2015

News: Army to send headquarters group to Kandahar in first sign of revision to Afghan withdrawal plan - In the first official sign that the Pentagon plans to keep a U.S. military presence in southern Afghanistan after this year, the Army is sending the 7th Infantry Division headquarters from Joint Base Lewis-McChord on a year-long deployment...
 
 

News Briefs February 25, 2015

Lithuania restores compulsory military service Lithuania will restore compulsory military service for young men as tensions in Ukraine continue to worry the small Baltic nation, the government said Feb. 24. After a meeting of military leaders and top government officials, President Dalia Grybauskaite said the measure was necessary because of growing aggression in Ukraine. Military...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>