2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 389.05

+0.4%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maceng2 who wrote (73004)	4/15/2011 11:54:22 AM
From: elmatador	of 218356

Dutch will cut 12,000 military jobs, about 17% of its total staff, and retire 19 F-16 fighter jets, four minesweepers and two tank battalions. It will also cut spending on new Joint Strike Fighter jets that are currently developed by Lockheed Martin Corp. (LMT). The budget for these aircraft will be cut by EUR1.7 billion to EUR4.5 billion. The measures should result in EUR1 billion in savings by 2014, the Dutch government said in a statement Friday. "The cuts are at odds with the unrest in the world. The culprit is the global economic crisis," Defense Minister Hans Hillen said on a video posted on the ministry's website. The overhaul comes as many European governments are slashing defense spending to balance their budgets. The U.K. government in October announced an 8% cut in its military budget. The Dutch government is seeking EUR18 billion in budget cuts up to 2015 to rein in its budget deficit, which was 5.3% of gross domestic product at the end of 2010. online.wsj.com Uhm, looks like there are some people who does not want want to go Portugal way...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next