Four-year-old Indian boy sexually assaults classmate
Search for three USA sailors missing in Philippine Sea expands
India vs Sri Lanka 1st Test
Michael Flynn May Be Cooperating With Robert Mueller's Russia Probe
Russian Federation to reduce Syria presence by year's end
European Union members ink landmark defense agreement
14 November 2017, 12:29 | Darnell Patrick
Mogherini hails 'historic' EU defense pact as 23 countries sign up
PESCO membership will also bring closer cooperation with the militaries of other European Union members.
It is part of efforts led by Germany and France to reboot the EU after Britain's decision to leave and follows the announcement in June of a €5.5 billion (S$8.7 billion) European Defence Fund.
By working together on joint projects, nations hope to use their combined spending power to overcome capability gaps, jointly buying equipment like air transporters or drones.
The EU's diplomatic chief, Ms Federica Mogherini, hailed the agreement as "a new page of European defence", saying countries had already proposed more than 50 projects.
"The real problem is not how much we spend, it is the fact that we spend in a fragmented manner", Mogherini said.
He explained that PESCO's structure will be more on a defence level. Denmark has a defence opt-out from European Union treaties while Portugal, Ireland and Malta have not made a formal decision to join.
"I'm a firm believer of stronger European defense, so I welcome PESCO because I believe that it can strengthen European defense, which is good for Europe but also good for NATO", Stoltenberg said.
The European Union took a step towards closer defence ties yesterday, with 23 states signing a landmark pact aiming to boost cooperation after Brexit and as Russian Federation flexes its muscles to the east.
Germany wanted as many countries as possible to sign up but wants to keep the focus on more modest schemes.
The notification letter - co-authored by France, Germany, Italy, and Spain - described the pact as "an ambitious, binding, and inclusive European legal framework for investment in the security and defense of the EU's territory and its citizens". "It has no chance of working". This could take place at the next Foreign Affairs Council on 11th December.
This has led to unease by European allies that the USA was not committed to the alliance's mutual defense pact.
The EU can also bring its political and financial weight to bear on security challenges, such as the use of development aid in Africa, where North Atlantic Treaty Organisation has no real foothold.
Ultimately Pesco could be overseen by a European operational headquarters or logistics base.
The joint notification is the first formal step to set up the PESCO.
Participants have signed up to a list of commitments which "include increasing the share of expenditure allocated to defense research and technology with a view to nearing the 2 percent of total defense spending" and to "regularly increasing defense budgets in real terms".
Ms Mogherini said that by coordinating their efforts, European countries would get better value for money in defence.
Why Entrepreneurs Carry Business Cards
You will have to wait for them to visit your website or store later and this can mean they’ve already forgotten about you. If you succeed in creating a memorable business card, you don’t just connect deeper with the person you gave the card to.
Samsung quietly unveils its next chipset, the Exynos 9810
This suggests the company's A5 smartphone will do away with hardware buttons on the front and strive for a "screen-only" feel. As mentioned above, the upcoming Galaxy A5 (2018) and Galaxy A7 (2018) are pegged to arrive with Infinity Display design.
Air pollution continues to be high
The city's Air Quality Index has been in the range of 700 to 1,000, making it hard for people in the state to even breathe. The officials are now hoping for a change in the weather pattern that could improve the situation.
Son scores 2 to give South Korea 2-1 win over Colombia
Things happen during a game like this. "Colombia have world-class players, and I was extremely disappointed to see such action". Colombia heads to China for another World Cup warm-up match on Tuesday, while South Korea hosts Serbia.