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MILITARY EXPENDITURE PLEDGE
Taiwan to massively hike 2026 defence budget as US presses spending increaseTaiwan's defence spending will now exceed 3% of its GDP. This move aims to counter China's growing military pressure. The increased budget ...- Carney orders deep cuts ahead of first federal budget amid soaring defense budgetCanadian government plans significant spending cuts. Ministers must identify savings proposals. These cuts will affect program spending. Tr...
- Keir Starmer unveils UK’s largest defense spending boost since WWII, to hit 5% GDP by 2035 in NATO commitmentUnited Kingdom plans a big boost in security spending. Prime Minister Keir Starmer announced the goal. UK will spend 5% of its GDP on defen...
- NATO leaders gather for what could be a historic summit, or one marred by divisionsNATO leaders are convening in The Hague amidst internal disagreements over defense spending targets, with Spain rejecting the proposed 5% G...
- NATO leaders gather Tuesday for what could be historic summit, or one marred by divisionsNATO leaders are convening in The Hague amidst internal divisions over defense spending targets, with Spain rejecting the proposed 5% GDP c...
- NATO agrees 5% spending deal, overcoming Spain block: diplomatsNATO members have committed to increasing defense spending following Spain's decision to withdraw its objections, averting a potential disr...
- NATO chief Rutte calls for 400 pc increase in alliance's air, missile defenceNATO Secretary-General Mark Rutte urges member states to increase air and missile defenses by 400% to counter the Russian threat. He emphas...
- NATO chief calls for 'quantum leap' in defence and says Russia could attack in 5 yearsNATO Secretary-General Mark Rutte warned that Russia could be ready to attack the alliance within five years, urging members to increase ai...
- NATO floats cybersecurity to be included in new spending targetNATO is considering a new defense spending target of 5% of GDP. This includes 3.5% for core defense and 1.5% for defense-related areas. Cyb...
- $21 million for nothing? Trump admin spent $26,277 an hour to send migrants to Guantanamo, most of them are back in USThe Trump administration spent over $21 million on Operation Southern Guard, transporting migrants to Guantanamo Bay using military aircraf...
- Global military spending soars to $2.7 trillion in 2024; Russia, US, China, India, Germany account for 60%Global military expenditure soared to USD 2718 billion in 2024, a 9.4% increase, marking the largest rise since the Cold War's end, fueled ...
- Donald Trump claims $350 billion sent to Ukraine, reports cite under $100 billion—True figure may be just one-fifthThe United States has spent billions on Ukraine since Russia's 2022 invasion, but exactly how much? While President Donald Trump claims a s...
- Can Elon Musk fix Pentagon’s budget woes amid conflicts of interest and his ties with Defense Department?While Elon Musk has made a name for himself as a visionary entrepreneur, questions regarding the Pentagon’s contracts loom large.
- Europe is pouring money into defence. But is it enough?European leaders, amid the ongoing war in Ukraine and an isolationist U.S. presidency, are compelled to increase military spending due to o...
- Budget 2024 in five key charts: More spending, debt controlNirmala Sitharaman's budget focuses on job creation, infrastructure, reducing deficit (4.9% GDP), defense (6.2 trillion rupees), youth resk...
- China maintains defence budget growth despite economic travailsChina's defence budget for 2024 increases by 7.2% to CNY 1.66554 trillion ($231.4 billion), prioritizing the People's Liberation Army (PLA)...
- View: The challenge for new CDS begins nowIndia may be the fourth largest defence spender in the world and the defence budget gets the highest allocation of all ministries. Yet this...
- Pakistan slashes non-salary budget by 10%The Express Tribune reported that the move will help save nearly Rs 10 billion in the remainder period of fiscal year (2018-19) but would n...
- Luxury vehicles of Pakistan's Prime Minister house to be auctioned on September 17There is one Honda Civic 1800cc car and three Suzuki vehicles, including two Cultus cars and one APV, all of them are of 2013 model. The li...
- Majority of NATO member states still not meeting alliance's defence spendingNew set of data from NATO for projected 2015 expenditures, shows that vast majority of NATO states still fail to hit the 2% target.
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