The Pentagon has reportedly proposed a $450 billion increase in the military budget in a move believed to be in preparation for a war. The new military budget estimate for the next five years is expected to be revealed shortly before President George W. Bush leaves office in January 2009. The fiscal 2010 portion of the estimate includes a $57 billion increase, $30 billion of which would be allocated to a vaguely defined contingency fund and $14 billion would be used for replacing or repairing existing military equipment or 'reset and modernization'. The new budget numbers raise speculation about the likelihood of a new US military engagement as it highlights Defense Department fears that the already record-high military budgets would be grossly insufficient in the years ahead. Since taking office, the Bush administration has increased baseline military spending by 30 percent, which puts the annual military spending, at its highest level since World War II. While 'reset and … [Read more...] about US seeks more military budget for war?
Us spends on military
SHANGHAI - China has carried out its first successful landing of a fighter jet on its first aircraft carrier, state media said on Sunday, a symbolically significant development as Asian neighbors fret about the world's most populous country's military ambitions. A carrier-borne J-15 fighter jet takes off from the Liaoning, China's first aircraft carrier, in this undated handout photo released November 25, 2012. China has successfully conducted flight landing on its first aircraft carrier, the Liaoning, after its delivery to the People's Liberation Army (PLA) Navy on September 25, 2012, according to Xinhua News Agency. Photo: Reuters … [Read more...] about China lands fighter jet on new carrier in show of force
China on Tuesday dismissed US criticism of its military build-up, saying the world's most populous country was an important force for world peace. US Vice President Dick Cheney raised concerns about China's military build-up last week and said an anti-satellite test was not consistent with Beijing's stated goal of a "peaceful rise". On January 11, China used a ground-based ballistic missile to knock out an aging weather satellite 865 km (540 miles) above Earth, sparking alarm in Washington, Tokyo and other capitals. … [Read more...] about China rejects US criticism of military build-up
The dialogue between the Vietnamese Defence Ministry and the US Department of Defence focused on issues on defence policy, bilateral cooperation and measures to boost the two countries' defence cooperation on the basis of mutual benefit and respecting each other's independence and sovereignty. Deputy Minister of Defence Lt. Gen. Nguyen Chi Vinh and US Deputy Assistant Secretary of Defence Robert Scher announced the results of the first Vietnam-US defence policy dialogue at the deputy ministerial level at a press briefing in Hanoi on August 17. Deputy Minister Vinh said both sides were pleased at the results of the dialogue taking place when the two countries are celebrating the 15th anniversary of the normalization of Vietnam-US diplomatic ties. Vinh said that both sides have found a common voice in a number of regional and international issues and mentioned future cooperation in overcoming war consequences, seeking American Missing in Actions (MIA) in Vietnam and exchanging … [Read more...] about Vietnam, US dialogued on defence policy
Co-operative ties with US expand on variety of fronts (18-06-2007) Da Nang is spending VND134 billion(US$ 8.37million) on port facilities to serve the North Amercican market in co-operation with the US port of Oakland, California. — VNA/VNS Photo Vu Cong Dien HA NOI — Viet Nam's ties to the US have seen significant and multi-faceted development since the former foes established diplomatic ties on July 12, 1995. Initial small-scale co-operation on humanitarian issues between Viet Nam and the US has grown to encompass co-operation in politics, economics, education, health care, science and technology and new areas such as defence and military co-operation in drug related and transnational crime and the US' fight against terrorism. Economic co-operation and trade between the two countries has received the most press. The Viet Nam-US Bilateral Trade Agreement, sealed in June, 2000 and effective in December, 2001, created an important legal framework for the two sides … [Read more...] about Co-operative ties with US expand on variety of fronts