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Taiwan Announces $40 Billion Defence Budget Amid China's Invasion Threats
Taiwan's President Lai Ching-te on Wednesday announced a special $40 billion budget for arms purchases, including to build an air defense system with high-level detection and interception capabilities called Taiwan Dome.
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After US Shutdown, Trump's 'Golden Dome Missile' Shield Plagued By Delays
President Donald Trump's Golden Dome missile defense initiative is facing significant delays, hampered by the 43-day government shutdown and lack of a clear plan to spend the first $25 billion appropriated for the programme this summer
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"Very Unhappy": Trump Threatens Spain With Tariffs Over NATO Spending
President Donald Trump on Tuesday threatened trade penalties, including tariffs, against Spain, saying he is unhappy with its refusal to raise defense spending to 5% and calling the move disrespectful to NATO.
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Trump Suggests Spain Be Expelled From NATO Over Low Defense Spending
President Donald Trump suggested Thursday that Spain be expelled from NATO over its failure to match the higher defense spending requirement he has engineered.
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Macron Appoints Defence Minister Lecornu As France's Latest Prime Minister
French President Macron late Tuesday appointed Defense Minister Sebastien Lecornu as France's new prime minister, the country's fourth in about a year.
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Trump Slams South Korea Hours Before Summit With New President Lee
US President Donald Trump criticized South Korea just hours before a summit on Monday with its new President, Lee Jae Myung, as conflict over defense spending and trade tests the two countries' decades-old alliance.
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Switzerland Wants To Finalise F-35A Deal With US Despite Spiralling Cost
Switzerland vowed Wednesday to continue its attempts to buy F-35A fighter jets from the United States, despite spiralling expense.
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World's Biggest Polluter? It's The US Military, Says Shocking Study
The study reveals that the US military is the single largest institutional emitter of greenhouse gases in the world. Researchers suggest that reducing military spending could significantly lower energy use and help combat climate change.
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Russia Is On 'Brink Of Going Into Recession', Warns Economy Minister
Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
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Guns Over Growth? Pak Hikes Defence Budget By 20%, Slashes Overall Spending
Pakistan, whose overall debt has increased to nearly PKR 76,000 billion (approx USD 270 billion) in the first nine months of the current fiscal year, seems to be prioritising its military spending over development.
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Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
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India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
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Donald Trump Eyes Huge 'Woke' Cuts In Budget Blueprint
US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security.
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Europe Can't Assume US Troop "Will Last Forever": Defence Secretary Pete Hegseth
US Defense Secretary Pete Hegseth on Friday warned NATO allies in Europe against assuming that the American troop presence on the continent would "last forever", as he urged them to spend more on defence.
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Trump Says NATO Members Should Raise Defense Spending To 5% Of GDP
Donald Trump on Tuesday pushed NATO members to boost their defense spending to five percent of GDP, underlining his long-standing claims that they are underpaying for US protection.
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Taiwan Announces $40 Billion Defence Budget Amid China's Invasion Threats
Taiwan's President Lai Ching-te on Wednesday announced a special $40 billion budget for arms purchases, including to build an air defense system with high-level detection and interception capabilities called Taiwan Dome.
-
After US Shutdown, Trump's 'Golden Dome Missile' Shield Plagued By Delays
President Donald Trump's Golden Dome missile defense initiative is facing significant delays, hampered by the 43-day government shutdown and lack of a clear plan to spend the first $25 billion appropriated for the programme this summer
-
"Very Unhappy": Trump Threatens Spain With Tariffs Over NATO Spending
President Donald Trump on Tuesday threatened trade penalties, including tariffs, against Spain, saying he is unhappy with its refusal to raise defense spending to 5% and calling the move disrespectful to NATO.
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Trump Suggests Spain Be Expelled From NATO Over Low Defense Spending
President Donald Trump suggested Thursday that Spain be expelled from NATO over its failure to match the higher defense spending requirement he has engineered.
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Macron Appoints Defence Minister Lecornu As France's Latest Prime Minister
French President Macron late Tuesday appointed Defense Minister Sebastien Lecornu as France's new prime minister, the country's fourth in about a year.
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Trump Slams South Korea Hours Before Summit With New President Lee
US President Donald Trump criticized South Korea just hours before a summit on Monday with its new President, Lee Jae Myung, as conflict over defense spending and trade tests the two countries' decades-old alliance.
-
Switzerland Wants To Finalise F-35A Deal With US Despite Spiralling Cost
Switzerland vowed Wednesday to continue its attempts to buy F-35A fighter jets from the United States, despite spiralling expense.
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World's Biggest Polluter? It's The US Military, Says Shocking Study
The study reveals that the US military is the single largest institutional emitter of greenhouse gases in the world. Researchers suggest that reducing military spending could significantly lower energy use and help combat climate change.
-
Russia Is On 'Brink Of Going Into Recession', Warns Economy Minister
Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
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Guns Over Growth? Pak Hikes Defence Budget By 20%, Slashes Overall Spending
Pakistan, whose overall debt has increased to nearly PKR 76,000 billion (approx USD 270 billion) in the first nine months of the current fiscal year, seems to be prioritising its military spending over development.
-
Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
-
India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
-
Donald Trump Eyes Huge 'Woke' Cuts In Budget Blueprint
US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security.
-
Europe Can't Assume US Troop "Will Last Forever": Defence Secretary Pete Hegseth
US Defense Secretary Pete Hegseth on Friday warned NATO allies in Europe against assuming that the American troop presence on the continent would "last forever", as he urged them to spend more on defence.
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Trump Says NATO Members Should Raise Defense Spending To 5% Of GDP
Donald Trump on Tuesday pushed NATO members to boost their defense spending to five percent of GDP, underlining his long-standing claims that they are underpaying for US protection.
