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Defense Policy

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Global Military Spending Hits Record $2.7 Trillion in 2024, Driven by Conflicts and Tensions

A 9.4% increase marks the steepest annual rise since 1988, with the U.S. and China accounting for nearly half of all expenditures.

Spain Faces NATO Scrutiny Over Defense Spending Discrepancies

Rolls-Royce Announces Strong 2024 Results, Resumes Dividends and £1bn Share Buyback

UK Defence Spending Debate Intensifies as Military Leaders Demand Urgent Increases

NATO's New Defense Spending Targets Pose Major Financial Challenge for Germany

Canada Faces Pressure to Double Defence Spending to Meet NATO Targets by 2032