Spending does not equate to results, even when it comes to military spending.

Photos obtained by CBS News show President Hosni Mubarak boarding a helicopter to leave Cairo on Feb. 11, 2011.

Protesters demanding sweeping political reforms from Bahrain's rulers held their ground Wednesday in an Egypt-style occupation of the capital's landmark square, staging a third day of demonstrations. (Feb. 16)

Local residents and Western tourists in Pyongyang celebrated the 69th birthday of North Korea's leader Kim Jong Il Wednesday. (Feb. 16)

Gunmen kill one U.S. Immigration and Customs Enforcement agent and wound another on a highway north of Mexico City.

Summary of business headlines: Oil prices rally on new Suez Canal concerns; Fed raises forecasts, but inflation shows up in January; Borders files for bankruptcy; Wall Street ends at new multi-year highs.

US Senator John Kerry has said an American man arrested for killing two Pakistani men will be subjected to a criminal inquiry at home if Islamabad releases him.

U.S. Sen. John Kerry said Wednesday he is hopeful that the bitter dispute over an American embassy worker detained in Pakistan will be resolved "in the next few days." (Feb. 16)

It was the early hours of the morning in Bahrain when the security forces launched a major operation to clear a camp of protesters in the capital, Manama.

Following in the footsteps of Tunisia and Egypt, several nations in the Arab world have erupted in anti-government protests.

John Defterios on how the Bahrain protests and the crackdown are affecting the area economy.

As President Obama urged leaders not to use violence on protesters, hard-line Iranian Parliament members called for anti-government demonstration leaders to be executed.

Growing unrest in the Middle East

Protests spread in Middle East