The RAF is expected to lose significant numbers of jet fighters in spending cuts of up to 10% over four years.
For the week ahead, currency traders will likely focus on Thursday's ECB meeting for news of any rate cuts amid a slew of dismal economic numbers out of the euro zone.
In foreign exchange markets, the euro stayed in a range against the greenback as traders focused on the ECB meeting on Thursday for news of any rate cuts amid a number of dismal economic numbers out of the euro zone, while the dollar continued to tick lower against the yen, weighed by the disappointing U.S. growth figure.
Big government spending cuts sent large numbers of Greeks onto the streets in protest.
President Bush is expected to announce that he is unilaterally ordering deep cuts in the numbers of strategic nuclear weapons in the U.S. arsenal.
Mr Barnett also warned of an erosion of goodwill between police officers and the government, after government cuts to police budgets prompting a reduction in numbers of police and civilian staff.
The first budget of the Police and Crime Commissioner for Northamptonshire will see no cuts to police numbers and a freeze on the force's share of the council tax, it has been announced.
The department says it is "fully aware" of the impact the cuts in staff numbers is having on its employees.
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She said in light of current budget cuts, the work of youth performing organisations should be recognised, and noted "audience numbers are not the only measure of success for popularity and value for money".
It has blamed the deficit on falling student numbers, funding cuts from central government, the cost of running six sites and a delay in money owed from the sale of land.
The college has blamed the deficit on falling student numbers, funding cuts from central government, the cost of running six sites and a delay in money owed from the sale of land.
"Maternity services must be designed to meet needs without compromising on safety, yet Sands is already hearing alarming stories of cuts to maternity services, when the numbers of babies dying is still not being properly addressed, " said research manager Janet Scott.
Plans to increase Norfolk Police's part of the council tax to help prevent further cuts to policing numbers have been announced by the force's PCC.
Other suggested cuts include reducing management numbers, greater efficiency and a lower level of expenses.
That's because the law also has provisions forcing steep federal cuts to supplemental Medicaid payments received by hospitals that serve large numbers of poor and uninsured patients.
Mr Shearer, who is also chief constable of Dumfries and Galloway Constabulary, said police officers were concerned about their ability to maintain officer numbers, currently at almost 17, 300, in the face of looming budget cuts.
However, most of the numbers cited about the numbers of jobs at risk come from industry groups with a vested interest in making the cuts look as bad as possible.
The revenue numbers rely on increased tax rates beginning next year resulting from the scheduled expiration of the Bush tax cuts.
Yes, serious conservatives are often quick to admit, liberal hobbyhorses of tax increases on the wealthy and defense cuts should probably be part of the solution, but when you look at the numbers the brunt has to fall on entitlement reform.
While the defence secretary also itemised cuts to support services, it is clear that cutting the army's numbers substantially is one of the few ways that the Ministry of Defence can possibly balance its books.
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