US military spending hits 5 year high
Press TV – October 31, 2014
US military spending has dramatically surged, reaching its fastest rate in the past five years despite the planned withdrawal of forces from Afghanistan.
According to a new report by the US Commerce Department on Thursday, the military spending for the third-quarter of this year has increased by 16 percent.
Experts believe while the surge in the military spending could be attributed to several causes, the military action in the Middle East against the ISIL terrorist group is a major contributing factor.
The anti-ISIL operations have forced the Pentagon to spend more money on missiles and ammunition and support a larger military presence there.
According to figures released by the Defense Department, the new military actions in Syria and parts of Iraq will cost roughly 10 million dollars a day.
There are also speculations that the Obama administration has increased the military spending to inflate the figures of economic growth ahead of the November elections.
The projected figure on US economic growth for the third quarter is 3.5 percent, more than the predicted 3 percent with military spending being mentioned as the cause.
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Mossad behind Italian ‘blackmail’ spying scandal
The Cradle | November 1, 2024
An Italian private intelligence firm that allegedly hacked government databases to collect information on thousands of prominent people, including politicians, entrepreneurs, and celebrities, is accused of working for Israeli intelligence and the Vatican, media reported on 30 October.
Police wiretaps leaked to Italian media show that Equalize, which employs former members of Italian intelligence, is accused of breaching the servers of government ministries and the police between 2019 and 2024 to collect information.
Yedioth Ahronoth reported that Equalize allegedly collected numerous classified files that contain sensitive information about prominent Italians to sell to clients – including major companies and law firms seeking information to gain an advantage over competitors, win court cases, or for blackmail and extortion.
Prime Minister Meloni described the alleged scheme as “unacceptable” and “a threat to democracy.” … continue
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