STOCKHOLM— Sweden's left-leaning government has proposed raising taxes and welfare benefits and boosting military spending in its first budget bill since taking office after last month's election. That would reverse many reforms by the previous center-right government, which had trimmed Sweden's famously high taxes. Prime Minister Stefan Lofven's...» Read More
The U.S. lifted an arms embargo against its old enemy. But that doesn't mean U.S.-made weapons will sell there.
CNBC's Jim Cramer discusses how Europe influenced the market decline, and where he sees opportunity in the U.S.
WASHINGTON, Oct 1- The U.S. Air Force is close to announcing the winner of a three-way competition between Lockheed Martin Corp, Raytheon Co and Northrop Grumman Corp to build the next generation of long-range radars, senior military officials said. One source familiar with the process said Frank Kendall, the Pentagon's chief arms buyer, had approved the Air...
The cost of the American military campaign against ISIS likely has passed $1 billion.
WASHINGTON, Sept 26- The U.S. government on Friday said it has approved $2.5 billion in modifications and upgrades of used U.S. military vehicles that are to be sold separately to the United Arab Emirates as "excess" equipment.
WASHINGTON, Sept 26- The Obama administration on Friday proposed changes to current lending rules toward military personnel and their families, to expand protections from predatory practices on a wider variety of loans and financial products such as credit cards.
NEW YORK, Sept 26- Shares of Digital Ally surged on Friday, with the stock soaring on heavy volume after it received an order from the U.S. military police. "Although not a huge order in itself, the military police in general represents a largely untapped channel through which Digital Ally can distribute its line of products," the company said in a statement.
CNBC's Jane Wells reports on the most expensive military program in U.S. history.
Reports say the F-22 Raptor by Lockheed Martin made its combat debut Monday in airstrikes against ISIS, with CNBC's Jane Wells.
Washington's fight against ISIS may not have enough funding, reports the Fiscal Times.
Madeleine Albright tells CNBC the U.S. has no choice but to be involved in the battle against ISIS and other world crises.
It is the first such port call to Iran by the People's Liberation Army Navy and highlights the efforts both China and Iran are making to counterbalance the power of the United States in the Middle East and along the sea lanes connecting the oil fields of the Gulf with major energy-consuming centers in Asia.
President Barack Obama has ruled out a combat mission, but military officials say the reality of a protracted campaign may require US troops.
WASHINGTON, Sept 21- As America re-engages with Iraq and deepens its involvement in the region's web of sectarian conflicts, the Pentagon has made a practical assessment of the brutal job of stabilizing Baghdad: in the future, U.S. forces may be needed on the front lines.
HONG KONG, Sept 19- China shares rose for a third straight day on Friday, bolstered by strength in shipbuilders and aviation firms, which are expected to benefit from plans to let private capital enter the defense industry.
Senate passage, by a vote of 73-22, came a day after approval by the House of Representatives.
NEW YORK, Sept 18- Arab Bank Plc never provided material support for the Palestinian group Hamas, a lawyer for the bank told jurors on Thursday during closing arguments at the bank's civil trial on charges of financing terrorism.
WASHINGTON, Sept 18- Ukraine President Petro Poroshenko secured $53 million in assistance from the United States on Thursday but President Barack Obama for now turned down his appeals for weapons to fight Russian-backed separatists.
NEW YORK, Sept 18 (Reuters)- Arab Bank Plc never provided material support for the Palestinian group Hamas, a lawyer told jurors on Thursday during closing arguments at the bank's trial on civil charges under the U.S. anti-terrorism law.
NEW YORK, Sept 18- A lawyer for Arab Bank Plc urged U.S. jurors to find that it never provided material support for the Palestinian group Hamas, as closing arguments began on Thursday in a closely-watched terrorism financing trial.
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