 AP Photo Key U.S. allies say they must slash defense spending to rein in budget deficits that are spooking investors. Some experts fret that it's not just manpower and materiel being cut, but Europe's reach and ambition. TAGGED: Netherlands, Spain, NATO, North Atlantic Treaty Organization, France, Italy, Germany, UK, EU, Europe, European Union, EurozoneRECOMMENDED ARTICLES| The Duma's confirmation of Dmitry Medvedev as prime minister on 8 May, a day after Vladimir Putin's inauguration as president, marked the completion of their long-anticipated role swap and a new period in Russia's foreign... more ›› |
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