May 21, 2015

House Republicans restrict 2016 spending on science by sector

U.S. House Republicans voted Wednesday to place limits on funding for scientific research, including climate change studies, as they passed legislation that more narrowly defines their priorities. Many in the American scientific community criticized the bill, which passed 217 votes to 205 and sets ...

Chinese defense spending slows but still tops GDP growth rate

Mar 4, 2015

Chinese defense spending slows but still tops GDP growth rate

China’s central government will increase defense spending at a slower pace than last year as President Xi Jinping overhauls the military and seeks to stamp out the corruption that hinders the country’s combat readiness. The defense budget will rise about 10 percent this year, ...

Feb 3, 2015

Diet enacts extra budget to boost domestic demand

The Diet has enacted a ¥3.12 trillion extra budget for fiscal 2014 to fund an economic stimulus package aimed at boosting domestic demand aggravated by last year’s consumption tax hike and the yen’s plunge. The supplemental budget was approved Tuesday evening in the Upper ...

Details of aid to Afghan army now secret: U.S.

Jan 30, 2015

Details of aid to Afghan army now secret: U.S.

The U.S. military will no longer divulge facts and figures about its costly effort to assist Afghan security forces, declaring the information top secret, officials said Thursday. The move marks an about-face for the Pentagon, which for the past six years has reported a ...

Jan 10, 2015

Cabinet rubber stamps ¥3.12 trillion extra budget

Prime Minister Shinzo Abe’s Cabinet endorsed on Friday a ¥3.12 trillion extra budget aimed at reviving domestic demand stunned by the April 1 consumption tax hike and weaker yen. To shore up flagging private spending, the stimulus package includes ¥1.19 trillion to provide subsidies ...