Tag #Military Spending

Showing 73 to 84 of 309 results

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Canada Invests Billions in Arctic Defense Amidst Rising Tensions

Canadian Prime Minister Mark Carney announced a C\$6 billion ($4.2 billion USD) purchase of an Australian radar system and a C\$420 million ($294 million USD) expansion of military operations in the Arctic to assert sovereignty amid rising international competition and climate change impacts.

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zeit.de
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Mecklenburg-Vorpommern Awaits Bundestag Vote Before Deciding on Federal Financial Package

The Mecklenburg-Vorpommern state government will decide its position on the federal government's billion-euro financial package after the Bundestag votes, with the Minister President supporting it for its economic and social benefits, while her coalition partner, Die Linke, expresses reservations du...

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dw.com
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EU's Military Buildup Casts Doubt on Indo-Pacific Engagement

The European Union's plan to spend €800 billion on military upgrades in the next four years raises questions about its continued engagement in the Indo-Pacific, as several member states plan to cut foreign aid budgets to prioritize their own security.

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elmundo.es
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Spain Tackles Troop Shortage to Meet NATO Defense Spending Goal

Spain aims to increase defense spending by boosting military personnel, tackling a 20,000-troop shortage through increased recruitment and improved pay, despite challenges in retaining basic troops due to poor information and career uncertainty.

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elmundo.es
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Macron Boosts French Arms Production Amidst Ukraine War

French President Macron met with major defense companies to increase arms production, aiming for a €90 billion annual defense budget, following a European chiefs of staff summit in Paris and amidst the ongoing war in Ukraine.

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dw.com
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Rheinmetall's Record €55 Billion in Orders Amidst Increased Global Military Demand

Rheinmetall, a German arms manufacturer, reported a record €55 billion in orders, a €17 billion increase from last year, driven by global demand for military equipment amid the war in Ukraine; the company plans to hire 8,000 employees annually and anticipates 40,000 employees within two years.

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kathimerini.gr
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Russia's Economy: A Cocaine-Fueled Illusion

Despite Russia's reported economic growth in 2023 and 2024, its reliance on massive military spending masks underlying vulnerabilities, including high corporate debt and a severe labor shortage, increasing the likelihood of a post-conflict economic crisis.

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dw.com
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Germany to Vote on Unprecedented Debt Plan for Military, Infrastructure, and Climate

The German Bundestag will vote on a bill allowing €500 billion in borrowing for military spending, infrastructure, and climate action over 12 years, bypassing the debt brake for defense expenditures exceeding 1% of GDP, despite warnings of financial market risks and potential Eurozone destabilizatio...

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elmundo.es
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Spanish Leftist Leader Urges Unified Front Against Neofascism and Military Buildup

Luis Felipe Alcaraz, a veteran Spanish leftist leader, urges a united left-wing front to combat rising neofascism and increasing military spending, warning of severe social cuts and potential electoral defeat if the left remains divided.

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elmundo.es
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Spain's PSOE and PP: Shared Defense Goals, Divergent Political Strategies

On March 12th, Spain's PSOE and PP parties voted together in the European Parliament for increased defense spending and "wartime-like" security measures, but their leaders later publicly disagreed, prioritizing political strategy over collaborative policy despite sharing the same policy goals, highl...

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politico.eu
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EU Launches Major Defense Project to Counter Russia, Support Ukraine

The EU plans a major defense industry project to deter Russia, support Ukraine amid reduced US support, and increase European defense independence, including boosting domestic production, joint procurement, and addressing capability gaps.

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elpais.com
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Spain Faces Pressure for Massive Military Spending Increase

Spain faces pressure from the EU and NATO to significantly increase its military spending, potentially by €6 billion annually, to achieve strategic autonomy and meet revised targets exceeding 3% of GDP, impacting domestic budget priorities and relations with allies.

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Showing 73 to 84 of 309 results