Sunday, December 31, 2017

Spend on defense, Merkel's allies say, widening gap with SPD

Spend on defense, Merkel's allies say, widening gap with SPDChancellor Angela Merkel's Bavarian sister party (CSU) has proposed increasing Germany's defense spending to a level that widens a policy gap with the Social Democrats (SPD) ahead of talks on forming a governing coalition. A deal between Merkel's conservative camp and the center-left (SPD) is her best chance of securing a fourth term in office but her possible coalition partners are angling for concessions before talks start in the new year. The CSU said in a draft resolution seen by Reuters on Friday it wanted defense spending to reach NATO's target of 2 percent of national output and more money spent on the military, drones and transportation infrastructure.




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Investors bid to exchange nearly all eligible Yandex NV shares to Russian entity, consortium says

from Yahoo News - Latest News & Headlines https://www.yahoo.com/tech/investors-bid-exchange-nearly-eligible-062741476.html