First it was the Greek honey trap, now Portugal is at war. Weapons are involved but so far the battles have been restricted to legal offices—as well as police raids, wire taps, and public allegations of fraud. The source of the conflict is the German Submarine Consortium’s (GSC) alleged failure to discharge offset commitments. Germany’s MAN Ferrostaal is the prime contractor.
Thailand’s Commerce Minister, Pornthiva Nakasai, has disclosed that Russia....
Israeli President Shimon Peres and Brazilian Defence Minister Nelson Jobim have discussed expanding the two countries’ economic cooperation.
The Danish Confederation of Industries (DCI) has written to the defence and industry ministers demanding guarantees that the Danish government insists on both industrial participation and buy-back when it buys its next generation of fighter aircraft.