Nesthy Petecio

US defense cuts & the move to Asia

The US says it plans to reposition the majority of its naval fleet to the Asia-Pacific, according to US Defense Secretary Leon Panetta.  The US government is scrambling to understand the impact of an initiative supported by Republican leaders to cut 8% of the Pentagon’s budget by January 2.  At least $500 billion will be cut over a decade.

 

Read more on US domestic impact on the New York Times  and Asian impact on Rappler.