Defense budget
EU increases defense spending, volatile stocks
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The European Commission (EC) has proposed a common loan worth 150 billion euros along with many support measures to facilitate EU countries in improving their defense capabilities.
Mr. Trump wants to meet with Russia-China leaders to discuss reducing military spending
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President Donald Trump has said he would like to meet with future leaders of Russia and China to discuss the possibility of cutting defense spending.
NATO faces pressure to boost military spending
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To sharply increase defense investment beyond GDP by 3%, making the military a top priority area, NATO may have to cut social welfare programs.
Ukraine war pushes global defense spending to record high
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The war in Ukraine has caused global defense spending to skyrocket to $2.46 trillion.
German Defense Minister criticizes the Government
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German Defense Minister Boris Pistorius criticized the German government for approving less than a fifth of the budget increase he sees as necessary for the German army.