The Obama administratiopn is scrapping plans for a missile defense shield based in Eastern Europe. Defense Secretary Robert Gates says it reflects the changing nature of the threat from Iran. A system that had been envisioned by the Bush administration was supposed to counter Iran's long-range missiles. Instead, a system of sensors and interceptor missiles on land, at sea and in the air will be a defense against Iranian short- and medium-range missiles. ABC Senior White House Correspondent Jake Tapper reported on the President's decision. Click here to hear his report.
Some Republicans in Congress say they'll try to fight the change, saying that it will endanger the nation's security. But Russia's Prime Minister Vladimir Putin has praised President Barack Obama's decision and urged the U.S. to cancel restrictions on trade with Russia. Putin hailed Obama's move as "right and brave" and said that it has raised hope the U.S. administration also will move to cancel all existing restrictions on trade with Russia. ABC's Ann Compton spoke with KSL's Grant and Amanda about how the President's decision is being received around the world and who the President got advice from before cancelling the defense shield. Click here to hear the interview with Ann.