Tag #Military Spending

Showing 145 to 156 of 310 results

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Germany Plans Special Fund to Address Massive Budget Shortfall

Germany's CDU/CSU and SPD plan to amend the "debt brake," creating a €500 billion special fund for infrastructure and exempting defense spending exceeding 1% of GDP to address a €130 billion budget shortfall and massive infrastructural needs; this raises concerns about increased debt and long-term f...

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China's Military Budget Soars Amid Taiwan Tensions

China announced a 7.2% increase in its military budget to approximately €231 billion, aiming for a "world-class military" by 2049 amid rising tensions with Taiwan and territorial disputes, despite facing economic challenges.

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China's Military Budget Soars Amidst Taiwan Tensions

China's military budget will increase by 7.2 percent to about $231 billion in 2024, the second largest globally, amidst heightened tensions with Taiwan and economic challenges, reflecting President Xi's goal of a world-class military by 2049.

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dw.com
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Germany to Bypass Debt Brake for Massive Infrastructure and Military Spending

Germany's coalition government plans to amend its Basic Law to bypass the debt brake and borrow €500 billion for infrastructure improvements and military modernization, a move requiring a two-thirds parliamentary majority and facing political obstacles.

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china.org.cn
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China's 2025 Defense Budget: 7.2% Increase Amid Global Spending Surge

China announced a 7.2 percent increase in its 2025 defense budget, totaling 1.784665 trillion yuan (about 249 billion USD), maintaining a decade-long trend of single-digit growth while global military spending reached a record high. This increase follows a similar pattern to the previous two years a...

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EU Unveils "ReArm Europe" Plan Amidst Shifting US Priorities

European Commission President Ursula von der Leyen unveiled the "ReArm Europe" plan on Tuesday, aiming to mobilize €800 billion ($841.5 billion) to strengthen European defense capabilities, driven by concerns over shifting US support for Ukraine and strained transatlantic relations.

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fr.euronews.com
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China's Defense Budget Increase Fuels Geopolitical Tensions

China announced a 7.2% increase in its 2024 defense budget, totaling approximately $245 billion, reflecting its continued military modernization and assertive territorial claims, particularly concerning Taiwan, amid rising geopolitical tensions with the US and its neighbors.

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dw.com
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Germany Approves €500 Billion Fund Amidst Geopolitical Uncertainty

Germany's CDU/CSU and SPD reached an agreement on a €500 billion special fund for infrastructure investment and changes to the budget anchor rule, driven by geopolitical instability and NATO's upcoming defense spending increase.

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nbcnews.com
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Trump's Guantánamo Immigration Plan Falters Amidst High Costs and Logistical Issues

President Trump's plan to detain 30,000 immigrants at Guantánamo Bay faces significant legal, logistical, and financial hurdles, with the cost of military transport flights reaching $23,000-$27,000 per detainee, and the facility lacking necessary infrastructure; the administration is considering a s...

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dw.com
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Germany's Coalition Government Faces €900 Billion Investment Challenge, Seeks Debt Brake Reform

Germany's CDU/CSU and SPD are negotiating a coalition government, facing a €130 billion budget shortfall and requiring €900 billion for defense and infrastructure modernization. Constitutional changes to the debt brake are proposed to fund these projects, requiring a two-thirds parliamentary majorit...

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welt.de
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EU Proposes €800 Billion Defense Plan Amid Ukraine Crisis

European Commission President Ursula von der Leyen proposed an €800 billion "ReArm Europe" plan, including debt rule relaxation and €150 billion in loans, to increase military spending and aid Ukraine, but faces opposition from Hungary and Slovakia.

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theguardian.com
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EU Unveils €800bn Defense Plan Amidst US Aid Suspension to Ukraine

The European Commission unveiled an €800bn plan, "ReArm Europe," to boost European defense capabilities, prompted by the US suspending military aid to Ukraine; the plan includes €150bn in loans and aims to mobilize private capital.

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Showing 145 to 156 of 310 results