Tag: defence expenditure
-
NATO Summit concludes with brief statement underlying prolonged threat by Russia
The NATO summit at The Hague concluded with a brief statement underlying the alliance’s unity in the face of prolonged threats, namely those posed by Russia and terrorism. The statement also noted that the alliance will work to reduce trade barriers in defence spending. As national leaders convened for the NATO summit, Russia killed up…
-
Spain drops news before NATO summit that it won’t hit 5% in defence expenditure
A planned upcoming NATO Summit in the Hague this week between the 24th and 25th June is going to start on the wrong foot with many world leaders making statements and announcements that won’t necessarily be welcomed by their allies. On one hand, President Donald Trump wants to exclude Ukraine from the summit, avoid speaking…
-
China to increase its defence budget by 7.2% in 2025
China’s National People’s Congress has approved a 7.2% increase in defence spending for 2025 raising the total official estimate to $249 billion. However, US government estimates of Chinese defence expenditure are much higher. China already has the largest army in the world along with the largest navy, but China is augmenting its defences to increase its…