Military Spending
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Putin Says Russia Plans To Cut Military Spending From Next Year
NATO allies on Wednesday agreed to raise their collective spending goal to 5% of gross domestic product in the next 10 years, citing what they called the long-term threat posed by Russia and the need to strengthen civil and military resilience.
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NATO Agrees To Hike Defence Spending By 5%: What It Really Mean?
NATO leaders are set to sign off Wednesday at their Hague summit on a defence spending pledge to satisfy US President Donald Trump's demand for a headline figure of five per cent of GDP.
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Military Spending Soars Globally Amid Rise In Armed Conflicts
New war fronts have emerged across the globe, driving a rapid surge in military spending. In 2024, global military expenditure reached $2.718 trillion, up 9.4 per cent from 2023, marking the largest annual increase since 1988.
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Japan Conducts First Domestic Surface-To-Ship Missile Test
Japan on Wednesday called its first surface-to-ship missile test within its territory necessary training given the current "severe security environment", as it boosts military capacity to counter China.
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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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Canada To Pour Extra Billions To Meet NATO's 2% Military Spending Target
Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, much earlier than scheduled, Prime Minister Mark Carney said on Monday.
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2024 Global Military Spending Hit $2.7 Trillion In Record Surge. Here's Why
Amid changing geopolitical relations, wars and rising tensions, the year 2024 saw the steepest rise in worldwide military expenditure since the end of the Cold War, reaching $2.7 trillion, researchers said Monday.
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China Slams US 'Dogfighting Satellites' Claim As 'Budget-Driven' Ploy
Beijing said the US narrative was an attempt to justify higher military spending and hype the "China, Russia threat theory" narrative.
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Germany's Spending "Bazooka" For Military, Infra Passes Final Hurdle
Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure.
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Explained: As Trump Pauses Ukraine Support, How Europe Plans To Fill Void
European leaders on Thursday agreed to support Ukraine and increase its defence spending after US President Donald Trump suspended military aid to the war-torn country.
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"If They Don't Pay...": Donald Trump Warns NATO Members
President Donald Trump on Thursday renewed doubts over his commitment to the NATO alliance, saying countries that are not spending adequately on their militaries do not deserve defense.
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Putin And Trump Agree Again. This Time, Xi Jinping Is The Odd One Out
Donald Trump and Vladimir Putin seem to be on the same page on most issues these days. So much so, that Russia and the US now seem like allies, as the rest of the world is left stupefied.
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At $126 Billion, Putin Allocated A 3rd Of Russia's Budget Solely To Defence
Russian President Vladimir Putin approved the country's budget for 2025 on Sunday, which includes record-breaking spending on military needs amid Moscow's ongoing assault against Ukraine.
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Survived Because Of Our Military Training: Navy Veteran Freed By Qatar
Ragesh Gopakumar, one of the eight Indian Navy veterans released by the Qatar government, expressed joy and gratitude over returning home and being reunited with his family after spending months in captivity in the tiny gulf nation.
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Putin Says Russia Plans To Cut Military Spending From Next Year
NATO allies on Wednesday agreed to raise their collective spending goal to 5% of gross domestic product in the next 10 years, citing what they called the long-term threat posed by Russia and the need to strengthen civil and military resilience.
-
NATO Agrees To Hike Defence Spending By 5%: What It Really Mean?
NATO leaders are set to sign off Wednesday at their Hague summit on a defence spending pledge to satisfy US President Donald Trump's demand for a headline figure of five per cent of GDP.
-
Military Spending Soars Globally Amid Rise In Armed Conflicts
New war fronts have emerged across the globe, driving a rapid surge in military spending. In 2024, global military expenditure reached $2.718 trillion, up 9.4 per cent from 2023, marking the largest annual increase since 1988.
-
Japan Conducts First Domestic Surface-To-Ship Missile Test
Japan on Wednesday called its first surface-to-ship missile test within its territory necessary training given the current "severe security environment", as it boosts military capacity to counter China.
-
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.
-
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.
-
Canada To Pour Extra Billions To Meet NATO's 2% Military Spending Target
Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, much earlier than scheduled, Prime Minister Mark Carney said on Monday.
-
2024 Global Military Spending Hit $2.7 Trillion In Record Surge. Here's Why
Amid changing geopolitical relations, wars and rising tensions, the year 2024 saw the steepest rise in worldwide military expenditure since the end of the Cold War, reaching $2.7 trillion, researchers said Monday.
-
China Slams US 'Dogfighting Satellites' Claim As 'Budget-Driven' Ploy
Beijing said the US narrative was an attempt to justify higher military spending and hype the "China, Russia threat theory" narrative.
-
Germany's Spending "Bazooka" For Military, Infra Passes Final Hurdle
Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure.
-
Explained: As Trump Pauses Ukraine Support, How Europe Plans To Fill Void
European leaders on Thursday agreed to support Ukraine and increase its defence spending after US President Donald Trump suspended military aid to the war-torn country.
-
"If They Don't Pay...": Donald Trump Warns NATO Members
President Donald Trump on Thursday renewed doubts over his commitment to the NATO alliance, saying countries that are not spending adequately on their militaries do not deserve defense.
-
Putin And Trump Agree Again. This Time, Xi Jinping Is The Odd One Out
Donald Trump and Vladimir Putin seem to be on the same page on most issues these days. So much so, that Russia and the US now seem like allies, as the rest of the world is left stupefied.
-
At $126 Billion, Putin Allocated A 3rd Of Russia's Budget Solely To Defence
Russian President Vladimir Putin approved the country's budget for 2025 on Sunday, which includes record-breaking spending on military needs amid Moscow's ongoing assault against Ukraine.
-
Survived Because Of Our Military Training: Navy Veteran Freed By Qatar
Ragesh Gopakumar, one of the eight Indian Navy veterans released by the Qatar government, expressed joy and gratitude over returning home and being reunited with his family after spending months in captivity in the tiny gulf nation.
