World Military Spending
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At $126 Billion, Putin Allocated A 3rd Of Russia's Budget Solely To Defence
Russian President Vladimir Putin approved the country's budget for 2025 on Sunday, which includes record-breaking spending on military needs amid Moscow's ongoing assault against Ukraine.
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Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
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270 Passengers Spend Night In Canadian Military Base After US Plane Makes Emergency Landing
The airline apologised to the customers and stated that it would compensate them.
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Russia Unveils Huge Spending Hike Of Almost 70% To Battle "Hybrid War"
Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funneling massive resources into its Ukraine offensive to fight what it calls a "hybrid war" unleashed by the West.
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Biden Asks Congress For $13 Billion In New Ukraine Military Aid
President Joe Biden's administration on Thursday asked Congress for more than $13 billion in new military spending for Ukraine, citing the need for continued support following Russia's "unprovoked" invasion of the country last year.
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Russia Doubles 2023 Defence Expenditure Amid Rising Ukraine War Costs
Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances.
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Australia To Buy 20 Hercules Military Transport Planes In $6.6 Billion Deal
Australia said on Monday it would spend A$9.8 billion ($6.60 billion) to buy 20 new Super Hercules military transport aircraft, ahead of a visit later this week by U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin.
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NATO Leaders Meet For Summit, Ukraine And Sweden Push For Membership
NATO leaders meet in Lithuania on Tuesday for a summit set to be dominated by the alliance's response to Russia's war on Ukraine and Kyiv's push for membership.
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India Was World's 4th Largest Defence Spender In 2022, Says Report
India was the world's fourth largest military spender in 2022, with its defence spending increasing by around six percent as compared to 2021, a report by Swedish think tank Stockholm International Peace Research Institute (SIPRI) said.
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War Expenses, Secretive Spending Eating Away Russia's Budget
Russia is keeping an unprecedented one-third of its budget spending out of the public eye, a stark measure of how a year of war against Ukraine has redrawn government finances and economic priorities.
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Defence Spending To Focus On "Total Blockade" By China: Taiwan Military
Taiwan's defence spending this year will focus on preparing weapons and equipment for a "total blockade" by China, including parts for F-16 fighters and replenishing weapons, the military said in a report.
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China Tells Military To Be Ready For Combat, Raises Defence Budget
The spending increase outpaces targeted economic growth of around 5%, which is slightly below last year's target as the world's second-largest economy faces domestic headwinds.
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Japan's Big Shift In Defence Policy In View Of China, North Korea Threats
Japan is expected to announce its biggest defence overhaul in decades this week, hiking spending, reshaping its military command and acquiring new missiles to tackle the threat from China.
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US House Passes Defence Bill Worth Billions In Taiwan Aid, China Bristles
The US House of Representatives on Thursday passed a defence spending bill that includes up to $10 billion in military grant assistance for Taiwan and seeks to expedite arms sales to the island, drawing a rebuke from Beijing.
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Canada's Big Move Days After Tense Justin Trudeau-Xi Chat Caught On Video
Prime Minister Justin Trudeau's government is boosting military spending and expanding Canadian trade ties in the Indo-Pacific region as part of a "generational" policy shift aimed at countering China's influence.
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At $126 Billion, Putin Allocated A 3rd Of Russia's Budget Solely To Defence
Russian President Vladimir Putin approved the country's budget for 2025 on Sunday, which includes record-breaking spending on military needs amid Moscow's ongoing assault against Ukraine.
-
Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
-
270 Passengers Spend Night In Canadian Military Base After US Plane Makes Emergency Landing
The airline apologised to the customers and stated that it would compensate them.
-
Russia Unveils Huge Spending Hike Of Almost 70% To Battle "Hybrid War"
Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funneling massive resources into its Ukraine offensive to fight what it calls a "hybrid war" unleashed by the West.
-
Biden Asks Congress For $13 Billion In New Ukraine Military Aid
President Joe Biden's administration on Thursday asked Congress for more than $13 billion in new military spending for Ukraine, citing the need for continued support following Russia's "unprovoked" invasion of the country last year.
-
Russia Doubles 2023 Defence Expenditure Amid Rising Ukraine War Costs
Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances.
-
Australia To Buy 20 Hercules Military Transport Planes In $6.6 Billion Deal
Australia said on Monday it would spend A$9.8 billion ($6.60 billion) to buy 20 new Super Hercules military transport aircraft, ahead of a visit later this week by U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin.
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NATO Leaders Meet For Summit, Ukraine And Sweden Push For Membership
NATO leaders meet in Lithuania on Tuesday for a summit set to be dominated by the alliance's response to Russia's war on Ukraine and Kyiv's push for membership.
-
India Was World's 4th Largest Defence Spender In 2022, Says Report
India was the world's fourth largest military spender in 2022, with its defence spending increasing by around six percent as compared to 2021, a report by Swedish think tank Stockholm International Peace Research Institute (SIPRI) said.
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War Expenses, Secretive Spending Eating Away Russia's Budget
Russia is keeping an unprecedented one-third of its budget spending out of the public eye, a stark measure of how a year of war against Ukraine has redrawn government finances and economic priorities.
-
Defence Spending To Focus On "Total Blockade" By China: Taiwan Military
Taiwan's defence spending this year will focus on preparing weapons and equipment for a "total blockade" by China, including parts for F-16 fighters and replenishing weapons, the military said in a report.
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China Tells Military To Be Ready For Combat, Raises Defence Budget
The spending increase outpaces targeted economic growth of around 5%, which is slightly below last year's target as the world's second-largest economy faces domestic headwinds.
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Japan's Big Shift In Defence Policy In View Of China, North Korea Threats
Japan is expected to announce its biggest defence overhaul in decades this week, hiking spending, reshaping its military command and acquiring new missiles to tackle the threat from China.
-
US House Passes Defence Bill Worth Billions In Taiwan Aid, China Bristles
The US House of Representatives on Thursday passed a defence spending bill that includes up to $10 billion in military grant assistance for Taiwan and seeks to expedite arms sales to the island, drawing a rebuke from Beijing.
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Canada's Big Move Days After Tense Justin Trudeau-Xi Chat Caught On Video
Prime Minister Justin Trudeau's government is boosting military spending and expanding Canadian trade ties in the Indo-Pacific region as part of a "generational" policy shift aimed at countering China's influence.
