Defense spending

NATO countries agree to increase defense spending to 5% of GDP by 2035

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NATO member states have agreed to increase defense spending to 5% of gross domestic product (GDP) per year by 2035.

NATO recalculates how to provide military aid to Ukraine

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NATO is recalculating new spending on Ukrainian military aid, which is seen as part of a push to increase defense investment to 5% of GDP.

UK declares rearming, accuses Russia of threatening

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British Prime Minister Keir Starmer affirmed that the country is entering a state of combat readiness, as a message to Russia.

Europe increases defense spending after US move

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After the US suspended military aid to Ukraine, European leaders are pushing for strong measures to increase defense spending.

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.

He accepts pain to increase defense spending

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British Prime Minister Keir Starmer has said he will cut foreign aid to increase defense spending despite many unpredictable consequences.

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.

US sets red line with Ukraine

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The US will not deploy troops to Ukraine under any security agreement.