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Russia to fully finance army despite crisis: Medvedev

Photo courtesy AFP.
by Staff Writers
 Moscow (AFP) Jan 28, 2009
 Russia will fully finance development programmes for its military despite the economic crisis, Russian President Dmitry Medvedev pledged in a meeting with navy cadets Tuesday.

"Today, despite the difficulties facing our state, the funds that had been set aside to develop the navy and the armed forces as a whole will all be invested," Medvedev was quoted as saying by the Interfax news agency.

"Perhaps something will be done a tad slower, but the chief programmes will be financed in full," the Russian leader assured.

Last month, Kremlin officials warned that falling oil prices would mean a budget deficit for Russia in 2009 after years of surplus.

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MILPLEX
Analysis: Feds tight-lipped on Pa. raid
 Washington (UPI) Jan 26, 2009
Federal investigators remained tight-lipped Sunday about what was behind the searches carried out last week at Windber, Pa.-based defense contractors Kuchera Defense Systems and Kuchera Industries.







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