Obama commutes sentence to Wikileaks leaker ManningWorld January 18, 4:54
Diplomat says UN may act as mediator at Astana talks between Damascus and oppositionRussian Politics & Diplomacy January 17, 21:31
Expert believes Brexit to bring UK closer to USWorld January 17, 20:29
Italian Foreign Ministry: It is necessary to assess conditions for returning to G8 formatWorld January 17, 20:04
Russia hopes ECHR will cancel its ruling on Dima Yakovlev Law — diplomatRussian Politics & Diplomacy January 17, 19:35
Preserving Moldova's neutrality impossible without partnership with Russia — presidentWorld January 17, 19:10
OPEC to monitor oil production, export — Saudi Arabian Energy MinisterBusiness & Economy January 17, 18:57
Group of Sukhoi-24M bombers to return from Syria soon — Defense MinistryMilitary & Defense January 17, 18:50
Russian reconciliation center reports over 1,130 Syrian settlements join ceasefireWorld January 17, 18:47
TEL AVIV, January 9 (Itar-Tass) — Israel will increase its defence expenditures by 6 percent or $780 million in 2012, Prime Minister Benjamin Netanyahu said on Sunday.
“We plan to add to the defence budget an extra 3 billion shekels ($780 million),” said Netanyahu, who last year promoted the budget cuts and further financial injections into social reforms.
This year’s budget totals $13 billion, remaining broadly unchanged from last year.
“Given the abundant challenges surrounding us, it would be a big mistake to cut the defence budget,” he told a news conference underlining that the funds will be taken from the budget reduction in other ministries and departments.
Earlier the Israel Defense Forces reported that Israel and the United States will hold unprecedented missile defence drills within the upcoming weeks.
According to the source, the exercise “was planned beforehand and is not linked with the current events”, in particular with Iran’s recent missile tests.