
Reuters - Leon Panetta was sworn in as U.S. defense secretary on Friday promising to keep the military strong while making tough choices on defense spending cuts.

Reuters - Leon Panetta was sworn in as U.S. defense secretary on Friday promising to keep the military strong while making tough choices on defense spending cuts.

Reuters - Leon Panetta was sworn in as defense secretary on Friday promising to keep the military strong while making tough choices on defense spending cuts.

Reuters - A looming government shutdown would be felt thousands of miles away by U.S. troops in Afghanistan and Iraq and there could be a high political cost for the lawmakers who let it happen.

Reuters - A looming government shutdown would be felt thousands of miles away by U.S. troops in Afghanistan and Iraq and there could be a high political cost for the lawmakers who let it happen.

Reuters - House of Representatives Speaker John Boehner on Monday blasted Democratic spending-cut proposals as “smoke and mirrors,” undercutting the notion that progress is being made on a budget deal that would avert a government shutdown.

Reuters - China’s spending on police and domestic surveillance will hit new heights this year, with “public security” outlays unveiled on Saturday outstripping the defense budget for the first time as Beijing cracks down on protest calls.

Reuters - China will beef up its military budget by 12.7 percent this year, the government said on Friday, a return to double-digit spending increases that will stir regional unease.

Reuters - President Barack Obama sent Congress a $671 billion defense budget on Monday with $13 billion in program cancellations and a smaller war budget that drew immediate fire from a divided Congress.

AFP - The Pentagon on Monday proposed a reduced defense budget for the first time since the September 11 attacks, finding savings in the withdrawal of US troops from Iraq.