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Wednesday, March 05, 2008 |
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China military budget to rise 17.6 percent
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BEIJING: China announced Tuesday that its defense spending would
rise 17.6 percent this year but insisted the increase was moderate,
after the United States expressed concerns about Beijing’s
expanding military power.
Military spending in 2008 will reach 417.8
billion yuan (57.2 billion dollars at the end-2007 exchange rate), a
spokesman for China’s parliament told reporters ahead of the
legislature’s annual session beginning Wednesday.
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O T H E R R E P O R T S
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Obama goes for the kill on Super Tuesday 2
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HOUSTON, Texas: Barack Obama bids Tuesday to knock Hillary Clinton
out of the White House race after a mud-slinging campaign that
Democratic grandees fear is helping nobody but Republican heir John
McCain.
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Frogs offer cure for diabetes patients
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LONDON: Pseudin-2, a compound derived from the skin of a South
American frog, stimulates insulin release and its synthetic version
could be used to develop new drugs to treat type-2 diabetes, the
British Broadcasting Corporation reported Monday.
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WORLDINBRIEF
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CHICAGO: A long-time friend and fundraiser of presidential
hopeful Barack Obama went on trial Monday on charges of bribing
public officials and using his political influence to demand
kickbacks from businesses.
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