Defense Secretary Leon Panetta said ahead of a meeting Friday with Israeli Defense Minister Ehud Barak that he would warn his Israeli counterpart about the global economic consequences of a military strike on Iran's nuclear program, adding that he still favors sanctions and diplomacy over a strike."To go beyond (sanctions and diplomacy) raises our concerns about the unintended consequences that could result. ... There are going to be economic consequences to that, that could impact not just on our economy but the world economy," Panetta told those travelling with him to Halifax, Canada.Report:
Russia warships to enter Syria waters
in bid to stem foreign intervention
Russia President Dmitry Medvedev, right, and Syrian President
Bashar Assad in Damascus, May 10, 2010.Russian warships are due to arrive at Syrian territorial waters, a Syrian news agency said on Thursday, indicating that the move represented a clear message to the West that Moscow would resist any foreign intervention in the country's civil unrest