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GDP MILITARY SPENDING
US plans major cut to fighter jets, warships for NATO operations in Europe, NYT reportsThe United States is set to significantly reduce its aircraft and warships available for NATO operations in Europe, impacting long-range st...
British defence minister John Healey quits over defence spendingBritish Defence Minister John Healey resigned, citing Prime Minister Keir Starmer's failure to commit necessary resources for national defe...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with PakIndia emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nu...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
Pentagon chief urges allies to boost defence spending amid 'alarm' over China's buildupPentagon chief Pete Hegseth has voiced concerns over China's military expansion in the Pacific. He noted widespread alarm across the region...
Raise defence spending or else, Hegseth tells NATO, EuropeUS Defense Secretary Pete Hegseth issued a stern warning to European allies regarding defense spending. He stated that nations failing to i...
A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Canada deepens Arctic defense ties with Nordics after Trump threatsCanada is forging new alliances with Nordic nations to secure its vast Arctic region. This move comes as the United States' commitment wave...
Moody's slashes 2026 India growth forecast to 6%Moody’s Ratings has cut India’s GDP growth forecast for 2026 by 0.8 percentage points to 6 per cent, citing weak private consumption, slowe...
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
India's military expenditure rose by 8.9% to USD 92.1 bln in 2025: Report says global spending surged 2.9%Global military spending surged to USD 2887 billion in 2025, marking the eleventh consecutive year of growth. India ranked fifth, increasin...
Spain is 'reliable' NATO member, PM Sanchez says after reported US ouster threatSpain's Prime Minister Pedro Sanchez affirmed his nation's reliability within NATO. This comes after reports suggested the United States co...
Space will decide future wars, India needs whole-of-nation push to catch up: DRDO Chief Samir KamatSpace is now the key to future conflicts. India must boost its capabilities to match rivals. DRDO is working with startups, MSMEs, and acad...
War preparedness: Why India must spend smarter, not just moreIndia's journey towards a modernized defense sector is fraught with obstacles. While military budgets are on the rise, the country's over-d...
Australia boosts military spending as Iran war makes global impactAustralia is boosting its defense budget. Defense Minister Richard Marles announced an additional 53 billion Australian dollars over the ne...
Australia to raise defence spending to 3% of GDP by 2033Australia will significantly boost its defense spending to three percent of its gross domestic product by 2033. This move responds to the m...