Europe notches up defense spending after Trump’s demands but faces troubles
The United Kingdom, Germany, and France face economic challenges, forcing them to take drastic and often unpopular measures ...
U.K. government halves 2025 growth forecast to 1% and confirms defense spending boost
The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves ...
Trump effect forces Germany to reprioritize defense as nation plays catch-up in military spending
In his second term as president, Donald Trump is pushing American allies, including Germany, to do more to fund their ...
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Europe’s Manufacturing Sector Struggles Amid Rising Costs, Increased Military Spending Proposals
Rising production costs, regulatory burdens and limited military spending on domestic production in Europe is prompting ...
Sweden Plans $30 Billion Military Spending Hike Through 2035
Sweden unveiled plans to spend an extra 300 billion kronor ($30 billion) on its armed forces during the next decade to shore ...
Taiwan’s president says the defense budget will exceed 3% of GDP in military overhaul
Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output ...
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Germany's parliament backs incoming leader's plans for huge boost in defense spending, but can he deliver?
His rhetoric has fueled the urgency behind Germany's military expansion plans. The planned increase in German defense ...
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Republicans offer defense spending tips after punting on a budget
Good luck getting DoD to adhere to this," one analyst said of lawmakers' attempts to influence defense spending.
Carney promises Canadian defense spending boost if he wins election
Prime Minister Mark Carney on Tuesday promised an "unprecedented acceleration of investment" in Canada's armed forces if his ...
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Britain to increase defense spending to almost 2.4% in new budget
The UK government will increase military spending to 2.36% of GDP in the upcoming fiscal year, running from April 6, 2025, to ...
General strike shuts down much of Belgium as ruling elite demands more military spending
The growing movement of the working class in Belgium is developing under conditions of rising opposition to the militarism ...
China will increase its defense budget 7.2% this year
China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern military to assert its territorial claims and challenge the U.S. defense lead ...