Pentagon Budget Faces Increased Pressure After Elections

by Shaun McDougall, Military Markets AnalystForecast International.

Rep. Adam Smith has balked at developing a low-yield nuclear warhead, which would be mounted on a Trident missile. Source: U.S. Navy photo by Mass Communication Specialist 1st Class Ronald Gutridge

The Democrats took control of the U.S. House of Representatives following Tuesday’s midterm elections, setting the stage for what could be a prolonged battle over defense spending and policy.  The Pentagon’s topline was already facing cuts recently announced by the Trump administration, but the change in power in the House will give Democrats momentum as they push for increased domestic spending.

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Netanyahu’s Victory Likely to Further Strain Relations with U.S.

by Nicole Auger, Forecast International.

Flag of IsraelIt appears Benjamin Netanyahu will keep his post as Israel’s prime minister, claiming victory on March 18 following his littered campaign and back-pedaling last-minute appeals to right-wing voters.

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