The Russian Ministry of Finance has reported a budget deficit of 2.7 trillion rubles (31 billion dollars) for the first two ...

By Darya Korsunskaya and Alexander Marrow (Reuters) -Soaring government spending pushed Russia's budget deficit to 2.70 ...

Russia said it hired 440,000 soldiers in 2024, exceeding its annual goal. Ukraine warned that it expects Moscow's success to ...

Economists say the region’s planned defense buildup may be exactly what its economy needs, despite some sizable hurdles.

How is Europe reacting to Trump’s pivot in foreign policy with Ukraine? Hedging is the most rational option and that appears ...

"We gave you $350 billion for military equipment," Trump said to Ukraine's president, Volodymyr Zelenskyy, in February 2025.

There are considerable risks for Ukraine if it chooses to fight on rather than seek a deal to end the war with Russia.

President Trump said Thursday that NATO had to remain “strong” — as the military alliance’s top official praised him for sparking a “staggering” boost in military ...

The urge to throw more money at defence budgets across a number of countries has become infectious.  It was bound to happen ...

Hours after the U.S. suspended military aid for Ukraine, the European Union proposed the fund to bolster military spending ...

Ultimately, the decisions about whether to boost military spending will be made by E.U. member states ... with Ukraine facing ...

European leaders have vowed to rearm the continent at historic emergency talks held after the United States threatened to rip ...