As diplomacy hits a snag, U.S. eyes future with Egypt
August 7th, 2013
08:23 PM ET

As diplomacy hits a snag, U.S. eyes future with Egypt

By Elise Labott

International diplomacy hit a dead end Wednesday when the interim Egyptian government broke off talks to defuse the political crisis.

Egypt declared efforts to broker an agreement between the Muslim Brotherhood and the military-backed government a failure, putting an end to an intense effort by the United States, the European Union and other countries to end the stalemate sparked by the military's ouster of President Mohammed Morsy.

"These efforts have not achieved the hoped for results," the Egyptian presidency said in a statement on the end of the mediation. The statement placed blame on the Muslim Brotherhood.

The president thanked diplomats for mediation efforts but didn't take kindly to warnings from key U.S. senators in the region. FULL POST

Budget cuts spell end of fire-ravaged nuclear sub
August 7th, 2013
08:15 PM ET

Budget cuts spell end of fire-ravaged nuclear sub

By Emily Smith

Casey James Fury simply didn't want to be at work, and in the process cost the Navy nearly a half-billion dollars and one attack submarine.

Fury admitted to setting fire to the USS Miami, a nuclear sub, in May 2012 while it was in dry dock. He was sentenced to 17 years in federal prison in March and ordered to pay $400 million in restitution - roughly the cost of the damage.

The Navy won't see anything close to that amount from Fury, of course, but neither will it from Uncle Sam.

On Tuesday, the Navy announced that despite the demand for attack submarines being "as strong as ever," the Miami is being inactivated. The reason: Under sequestration, the federal government's forced budget cuts, the Navy simply can't afford to make the repairs.

FULL STORY
Post by:
Filed under: Defense Spending • Navy