Pentagon budget to see $150bn in cuts over decadeApril 10, 2013 - 19:44 AMT PanARMENIAN.Net - President Barack Obama's budget would slash less from the Pentagon than automatic "sequester" spending cuts which have started to kick in, but would still eliminate $150 billion from projected defense spending over a decade, Reuters reported Wednesday, April 10, citing a U.S. official. The official, speaking on condition of anonymity, said $34 billion in cuts would take place during the first five years of the plan. "That's what we really have to plan for in the near term. So there is that kind of certainty," the official said. "This would require of course de-triggering sequestration, then that's certainty that would be welcome." The remaining cuts would "backloaded" into the last five years. The cuts come on top of $487 billion in defense spending cuts approved in 2011 Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |