RealNews

SKorea to boost defence spending to buy “smart” bombs, torpedoes

South Korea, facing up to the communist North’s million-strong military, has announced plans to buy “smart” bombs, torpedoes and extra jet fighters. The defence ministry said it will request a 9.7 percent increase in its budget for next year, to 24.7 trillion won (24 billion dollars), to boost military capacity and improve the welfare of its largely conscript army. Full Story

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