defense spending has increased by 10% in the last three years. In many countries, however, geopolitical circumstances have fueled a surge in military spending that far outpaces the global average.
China has announced a significant 7.2% increase in its national defence budget for this year, amounting to USD 249 billion.
European leaders are meeting in Paris for an emergency summit to discuss how to respond to United States President Donald Trump’s decision to hold talks with Russia to end the Ukraine war ...
the biggest military spend of any nation on the planet. But the Russian invasion of Ukraine has shifted the conversation and European countries are now spending more on proactive security measures.
Ultimately, the decisions about whether to boost military spending will be made by E.U. member states ... And budget ...
These countries, once dismissed as junior partners, are now in the vanguard of NATO, outpacing Western giants such as Germany and France in percentage terms.
asking all leaders of NATO member states to increase defence spending from 2% to at least 3% of GDP. In the letter, seen by Euronews, the Polish president marked the country's 26th year as a full ...
BERLIN—Germany will exempt military spending from ... billion euros to finance infrastructure spending, laying the ground for a big boost in the country’s defense budget.
To keep ahead in global security, some of the biggest countries are spending ... state-of-the-art weapons systems, stealth fighter jets, nuclear modernization, cyber defense, and military ...
China has announced that it will increase its national defense budget by 7.2 percent this year. This is the 10th consecutive ...
European Union leaders are holding emergency talks on Thursday on ways to quickly increase their military ... spending would have to come from national budgets at a time when many countries ...
BERLIN—Few changes prompted by President Trump’s second term could be as consequential for Europe as Germany shedding fiscal prudence to turbocharge its military and retool its economy.