Tag #Military Spending

Showing 157 to 168 of 522 results

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EU Creates \$168.3 Billion Defense Fund

The European Union will create a "Security Action for Europe" (SAFE) fund of \$168.3 billion (€150 billion) to strengthen its defense, primarily through loans to EU members and Ukraine, financed by joint borrowing; the decision follows Russia's military actions and a stated reduction in reliance on ...

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dw.com
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Sikorski: Russia Economically Dependent on China, NATO Needs 5% GDP for Defense

Polish Foreign Minister Radosław Sikorski stated that Russia is economically dependent on China, that Putin believes he can still win the war in Ukraine, and that NATO needs to increase its defense spending to 5% of GDP to counter Russia.

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smh.com.au
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Germany Aims to Build Europe's Strongest Army

German Chancellor Friedrich Merz announced a plan to make Germany's military the strongest conventional army in Europe, committing 5% of the country's GDP to defense spending, surpassing the UK's planned 2.5% and marking a historic shift in German military policy.

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dw.com
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Merz Vows to Make Bundeswehr Europe's Strongest Army

German Chancellor Friedrich Merz announced plans to make the Bundeswehr Europe's strongest conventional army, increase defense spending, and assume greater responsibility within NATO and the EU, driven by the war in Ukraine and pressure from allies.

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nbcnews.com
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Trump Administration's Costly Guantanamo Migrant Operation

Between January 20 and April 8, 2019, the Trump administration spent $21 million using military aircraft to transport migrants to Guantanamo Bay, resulting in only 32 migrants remaining there and sparking criticism for its cost and lack of effectiveness.

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dw.com
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Russian Economy Slows Amid High Military Spending, Civilian Sector Recession

Russia's economy is slowing despite high military spending in 2023 and 2024, causing a recession in civilian sectors due to high interest rates and reduced lending. The Center for Macroeconomic Analysis and Short-Term Forecasting (CMASP) reports a decline in civilian production, reaching its lowest ...

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dw.com
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Germany's Historic Defense Spending Increase

Germany plans to increase its defense spending to 5% of GDP, a historic shift driven by Russia's invasion of Ukraine, leading to a significant budget increase and military modernization impacting international relations.

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lefigaro.fr
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European Debt Proposed to Fund Military Buildup

French Economy Minister Eric Lombard proposed a European debt to fund a €800 billion military spending plan by 2030, mirroring German Chancellor Friedrich Merz's rearmament push and echoing the 2020 Covid debt response, amid concerns about the changing role of the dollar and the need for stronger Eu...

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smh.com.au
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Germany to Outspend Britain on Defence, Aiming for Strongest European Army

Germany plans to become Europe's strongest conventional army, committing 5% of its GDP to defense—double Britain's target—to counter Russia's aggression, driven by the US and Germany's new security role.

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it.euronews.com
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NATO Allies Face US Ultimatum: 5% Military Spending Demand

The Trump administration demanded that NATO allies increase their military spending to 5% of GDP, escalating previous targets and prompting debate within the alliance regarding financial burdens and the inclusion of US defense industries.

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elpais.com
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Spain Boosts Military Spending by €10.4 Billion

Spain will invest €10.4 billion in military spending to increase its defense capabilities and reduce dependence on foreign arms suppliers. €2 billion will be spent on weapons, primarily from Spanish companies. The plan aims to boost national defense industry while mitigating risks of bureaucracy and...

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mk.ru
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Massive Military Parade Planned for U.S. Army's 250th Anniversary

A massive military parade celebrating the U.S. Army's 250th anniversary is planned for June 14th in Washington D.C., coinciding with Donald Trump's birthday, and will include over 6600 soldiers, 150 vehicles, 50 helicopters, and a vast historical display, potentially costing tens of millions of doll...

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Showing 157 to 168 of 522 results