President Barack Obama has once again called for a reduction in the United States nuclear arsenal in remarks made Wednesday in Berlin.
In a speech about Berlin's history, Obama noted: "Peace with justice means pursuing the security of a world without nuclear weapons - no matter how distant that dream may be."
He added: "I've determined that we can ensure the security of America and our allies, and maintain a strong and credible strategic deterrent, while reducing our deployed strategic nuclear weapons by up to one-third. And I intend to seek negotiated cuts with Russia to move beyond Cold War nuclear postures. We may no longer live in fear of global annihilation, but so long as nuclear weapons exist, we are not truly safe."
The U.S. will host a 2016 summit on nuclear weapons materials and use, where the administration is expected to push for a nuclear test ban treaty.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.