Save The Children plans on giving away 1.4 million dollars of food in just three hours. The charity will be giving away the food in Charlotte, North Carolina on March 20th.

MOSCOW – The global financial crunch didn’t stop Russian defense exports from hitting a record $7.4 billion in 2009, and the prospects remain bright for the next few years, the governmental arms export agency said Jan. 28.

Its 2009 total was up 10 percent from the previous year, and “in 2010, we expect to earn no less,” Rosoboronexport head Anatoly Isaikin told reporters here.

Bookings also hit a record high of $34 billion, up $15 billion, Isaikin said.

Read more ….

Russia expects to sell no less than $7.4 bln of arms in 2010 — RIA Novosti
Russia reports rise in arms exports in 2009 — Daily Times
Russia’s arms exports surge — Global Times
Russia’s arms trader: ‘10 orders no less than ‘09 — Reuters
Arms exports defy recession — Straits Times
Head of Russian state arms trader says no obstacles to weapons sales to Iran — Canadian Press
Russia free to sell weapons to Iran – state arms exporter — Ria Novosti
Rosoboronexport Sees No Obstacles to Iran Arms Deal — Moscow Times

Save The Children UK has released a new study that finds that the numbers of children living in poverty has been rising since 2004.

Chavez Devalues Venezuela’s Currency — Wall Street Journal

CARACAS – President Hugo Chavez, harried by recession and declining popularity, announced a major currency devaluation late Friday to shore up government finances and stimulate economic growth before key elections this year.

The move cuts Mr.

Food stamp usage in the US is at a record high and is rising every day. But another number within that group has taken a huge leap in the last couple of years.