US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Athens International Airport (AIA) has given Baboo its “Best Performing New Airline Award” for 2009 thanks to the airlines recording the highest passenger traffic numbers among all newcomers that launched scheduled operations in 2008.
The photo shows Baboo CEO, Jacques Bankir, with the trophy presented by AIA.
Competing in this category, awarded during the 10th Airline Marketing Workshop organised by AIA, were airlines that had introduced services in 2008 and that operated those services throughout 2009.
Baboo launched two routes, Athens–Geneva and Athens–Nice on 25 October 2008. Soon after the opening, a codeshare agreement was signed with Olympic and the routes have been operated in joint venture by the two airlines since. This includes a reconfirmation of the codeshare agreement with the new Olympic Air which took to the skies at the end of September 2009.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.
As gangs gain control of Port-au-Prince, Haiti’s Caribbean neighbours have been preparing to intervene in the failed state, with the US and other partners waiting in the wings with equipment and financial support.