China Rejects Japan Defense Chief Criticism of Military Spending

China rejected criticism from Japanese Defense Minister Shinjiro Koizumi about the accuracy of its military spending, accusing Japan of using such arguments to justify the expansion of its own armed forces.

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Rial rebounds and stocks soar, but Iranians still grapple with high prices

After an initial US-Iran agreement is reached, Iranians still await relief at the grocery checkout. …