The US and Saudi Arabia in 60 billion dollar arms deal...

In the largest US arms deal ever, the administration of US President Barack Obama is ready to notify Congress of plans to offer advanced aircraft to Saudi Arabia worth up to 60 billion dollars, The Wall Street Journal reported on Monday.

The newspaper said the administration was also in talks with the kingdom about potential naval and missile-defence upgrades that could be worth tens of billions of dollars more.

The administration sees the sale as part of a broader policy aimed at shoring up Arab allies against Iran, the report said. More...

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