New global meltdown fear as 56 billion US cuts kick in

New global meltdown fear as 56 billion US cuts kick in Multi-billion-dollar spending cuts will particularly hit the US military Pentagon will absorb half of the cost of cuts required before SeptemberInternational Monetary Fund warns the measures could spark a new global economic crisis By Sharon Churcher PUBLISHED: 01:47 GMT, 3 March 2013 | UPDATED: 01:47 GMT, 3 March 2013 Barack Obama yesterday set in motion a multi-billion-dollar spending cuts programme that will particularly hit the US military after failing to reach a compromise with his Republican opponents. The cuts – described by the US President as ‘dumb’ – are designed to whittle away America’s $16.6 trillion debt. However, the International Monetary Fund has warned the measures could spark a new global economic crisis

Kieren Smith facing life in prison for murdering his mother by stabbing her 94 times and severing her spine

Named for the first time: Teenager facing life in prison for murdering his mother by stabbing her 94 times and severing her spineKieren Smith turned on Leah Whittle, stabbing her with at least one knifeThe 42-year-old had 'little chance' to defend herself Police called it a 'particularly horrific and sustained attack' | UPDATED: 21:13 GMT, 10 December 2012 Violent death: Leah Whittle, 42, was stabbed to death at her house by her teenage son Kieren Smith. He will be sentenced tomorrow A 17-year-old youth has been found guilty of the murder of his mother who he stabbed to death after losing his temper. Kieren Smith killed 42-year-old Leah Whittle at her home in Benville Road, Weymouth, Dorset, on July 21.