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South Korea’s military spending boon for local weapons producers
South Korea’s plans to boost military spending over the next five years has already proven a boon to its defense industry. Share prices of local weapons manufacturers, including Hanwha, Korea Aerospace and others, have seen their share prices jump up to 30 percent since Seoul released its defense white paper this summer. The current tension on the Korean Peninsula is seen as motivating such spending.
Venezuela launches military drills along Colombia border
Venezuela has launched extended military drills along the border with Colombia in an effort to prepare for any foreign invasion, amid rising tensions between Caracas and Bogota.
Saudi Arabia, world’s top arms importer, launches own military industry
Saudi Arabia, one of the world’s top arms importers, says it has launched a program to license firms seeking to participate in its own military industrial sector.
Maduro puts military on high alert, accuses Colombia of plotting attack
Venezuelan President, Nicolas Maduro, has put the military forces on high alert across the border with Colombia, in a move to counter a possible “threat of aggression” against his country.
Iran unveils high-speed tracking, long-haul strike drones
Iran unveiled a drone in two different versions, for swift tracking and identification and for precision strikes on distant targets.
Japan's military seek eighth straight annual hike in defense spending
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.
US military confirms lost drone to Houthi fire over Yemen
The US military has lost an advanced drone over Yemen, American officials say, confirming earlier reports that the Houthi Ansarullah movement had downed a US-made MQ-9 Reaper attack drone.
Iran: Foreign military presence causing insecurity in Strait of Hormuz
Iran’s ambassador to the United Nations said foreign forces are causing insecurity and instability in the Strait of Hormuz with their military presence in the strategic sea passage, stressing the responsibility rests with Persian Gulf littoral states to ensure the water body’s security.
Sudan's opposition, military council sign accord on transitional gov’t
Sudan’s main opposition coalition and the ruling military council on Saturday signed a final agreement for a transitional government.
UK’s military dependence on US continues to grow, as Britain’s armed forces shrink for ninth consecutive year.
UK’s dependence on the US as the military-power-in-charge continues to grow, as a new report reveals the size of Britain’s armed forces has fallen for the ninth consecutive year. The Army, the RAF and the Royal Navy have all seen a decline in the number of fully-trained personnel - with the Army experiencing the biggest fall, new Ministry of Defence figures showed.
‘Pakistan moves military hardware, aircraft to India border’
Pakistan has reportedly begun moving military hardware to forward bases near the Indian border, raising concerns about a potential military confrontation with India over the disputed Kashmir region.
US seeking to tear Syria apart with illegal military presence: Analyst
The US military, with the assistance of Israel, Saudi Arabia and terrorist groups in the Middle East, is seeking to tear Syria apart, as it maintains its illegal presence in the war-torn country, a former US Senate candidate says.
Beijing holds military drills in East, South China Sea
China is holding military exercises in waters near Taiwan, days after Beijing reiterated it does not rule out military action against secessionist moves in the self-ruled island.
Iraqi forces begin 2nd phase of operation against Daesh sleeper cells
Iraqi military forces have launched the second phase of a major operation to hunt down the remnants of the Daesh Takfiri terrorist group north of the capital Baghdad and surrounding areas.
Sudanese military, protesters sign power-sharing deal
Sudan's ruling military council and the pro-democracy movement signed a document on Wednesday that outlines a power-sharing deal, but the two sides are still at work on a more contentious constitutional agreement that would specify the division of powers.

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