World Military Spending
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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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Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
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270 Passengers Spend Night In Canadian Military Base After US Plane Makes Emergency Landing
The airline apologised to the customers and stated that it would compensate them.
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Russia Unveils Huge Spending Hike Of Almost 70% To Battle "Hybrid War"
Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funneling massive resources into its Ukraine offensive to fight what it calls a "hybrid war" unleashed by the West.
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Biden Asks Congress For $13 Billion In New Ukraine Military Aid
President Joe Biden's administration on Thursday asked Congress for more than $13 billion in new military spending for Ukraine, citing the need for continued support following Russia's "unprovoked" invasion of the country last year.
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Russia Doubles 2023 Defence Expenditure Amid Rising Ukraine War Costs
Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances.
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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.
-
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.
-
Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
-
270 Passengers Spend Night In Canadian Military Base After US Plane Makes Emergency Landing
The airline apologised to the customers and stated that it would compensate them.
-
Russia Unveils Huge Spending Hike Of Almost 70% To Battle "Hybrid War"
Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funneling massive resources into its Ukraine offensive to fight what it calls a "hybrid war" unleashed by the West.
-
Biden Asks Congress For $13 Billion In New Ukraine Military Aid
President Joe Biden's administration on Thursday asked Congress for more than $13 billion in new military spending for Ukraine, citing the need for continued support following Russia's "unprovoked" invasion of the country last year.
-
Russia Doubles 2023 Defence Expenditure Amid Rising Ukraine War Costs
Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances.
