China’s defence budget is rising heftily yet again. The 2025 rise will be 7.2 percent, the same as in 2024, the government said on 5 March. But the allocation, officially US$245 billion, is just the …
Tag Archive for: "defence spending"
Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a new study by the Kiel Institute suggests. Currently, budget debt rules are forcing governments to finance increases …
US President Donald Trump has called on NATO members to lift their defence spending from the current target of 2 percent of GDP to 5 percent. ‘They could all afford it,’ he said, warning that the …
Australia can’t expect Donald Trump to judge its strategic value by historical ties. The focus will be on our willingness to protect ourselves and capacity to contribute to shared strategic interests. The world is more …
Despite frequent US calls for NATO to lift defence spending, most of its European members kept pocketing a peace dividend in recent years by running down their armed forces and defence industries. They imagined that …