NATO Secretary-General Mark Rutte led a fresh push Wednesday for European countries to ramp up defense spending, a budget shortfall that President-elect Donald Trump used to berate U.S. allies ...
BRUSSELS (Reuters) - NATO won't heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current target, according to officials and analysts.
NATO's current target for members' defense spending is 2 percent of their country's GDP. Trump said in 2018 during his first administration that the defense spending goal for NATO should be ...
President Donald Trump on Thursday said all NATO countries must sharply increase their defense spending, demanding member states push well beyond current benchmarks that many of them already ...
LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that ...
Lithuania and Estonia have become the first NATO members to pledge an increase in defense spending to five percent of GDP, according to a report by the Financial Times. Lithuanian Foreign Minister ...
As gleaned from the previous chart, the fund performed well in the calendar year 2024. With the potential for increased defense spending by NATO members in the upcoming years, many U.S.-based defense ...
News to start: Nato’s military chief has warned banks ... investment offered by arms producers as Europe ramps up military spending. Today, I have more from Admiral Rob Bauer on how European ...
TASS/. The total defense spending of the countries making up NATO’s eastern flank significantly increased after Russia launched its special military operation in Ukraine, reaching $70 bln in ...