President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries ...
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years ...
NATO members will have to bolster their defense spending by “considerably more than 3%” of their GDP, the alliance’s ...
Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.
Under this increase, UK's aid budget will be reduced from 0.5% to 0.3% of GDP by 2027, with savings redirected to support ...
The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it ...
These developments indicate Japan's shift from a measured, incremental approach to military expansion toward a bold, ...
Britain will raise defense spending to 2.5% of gross domestic product (GDP) by 2027 and will slash its international aid ...
Military spending has increased dramatically around the world in view of rising tensions in Europe, the Middle East, and Asia ...
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