Japan’s military has asked for an eighth straight annual increase in defense spending to help pay for US-made interceptor missiles, stealth fighters, and other equipment it wants to counter threats from its neighbors.
America has been dramatically increasing its missile development spending after deciding to leave a Soviet-era arms control treaty with Russia, a new study shows, warning that the extravagant approach could be the tell-tale sign of a looming “new Cold War.”
The German government could order a larger increase in the cost of sending a letter than earlier planned, the Frankfurter Allgemeine Zeitung reported, sending shares in Deutsche Post 2.6 percent higher on Monday.
Iran's non-oil exports from March 2 to June 17, 2018 hit 11.242 billion dollars registering a 21 percent increase compared to the similar period last year, the head of the Customs Administration said Thursday.
Persian Gulf producers did not agree on need for output increase: Sources
Iran will veto an anticipated proposal by Saudi Arabia and Russia to increase global oil production when major producers meet in Vienna on Wednesday, stressing that it will have Iraq and Venezuela by its side to block the move.
Turkey’s lira weakened more than 2 percent on Thursday, giving up some of the hefty gains it made after the central bank raised interest rates by 300 basis points on Wednesday in an emergency move to prop up the tumbling currency.