Hegseth Urges 5% Defense Spending for Europe, Maybe Not for US
NATO members in Europe should bear more of the costs of collective defense, US Defense Secretary Pete Hegseth said Thursday, ...
Trump's NATO Spending Demands Could Hit Europe's Credit Ratings, Says S&P Global
LONDON (Reuters) - The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line ...
The world’s most in debt country spending £3.6 trillion a year
The country with the world's largest amount of debt is also the biggest spender - and it owes billions to countries with far ...
Pentagon's Hegseth sees growth in defense spending despite Musk review
U.S. Defense Secretary Pete Hegseth said on Tuesday he wanted to increase overall U.S. defense spending and played down ...
Russian economic meltdown as £114bn defence spending more than all of Europe combined
Russia's total defence spending hit 13.1 trillion rubles (£114 billion) in 2024 - £366 billion when adjusted for purchasing ...
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Experts believe Europe won’t be able to bring defence spending to 5% of GDP
The report, presented by experts from the International Institute for Strategic Studies (IISS), says that European countries have ...
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Europe's NATO Defense Spending: A Credit Crunch Dilemma
European NATO members face potential credit downgrades if they increase defense spending at the U.S.'s prompting. Despite current expenditures, many nations still fall short of NATO guidelines. While ...
The Pentagon needs a budget cut, not a spending spree
Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and ...
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Europe has twice as many climate tech startups as the US — but there’s a catch
Europe is home to twice as many climate tech startups as the US, but their access to VC funding is severely limited.
Hegseth makes first visit to NATO with allies impatient to hear about US plans for Ukraine
Hegseth held talks with U.K. Defence Secretary John Healey, before a meeting of the Ukraine Defense Contact Group at NATO headquarters in Brussels. Hegseth's predecessor, former Defense Secretary ...
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Hegseth makes first visit to NATO as allies await US plans for Ukraine
Washington's 31 allies are impatient to learn how much military and financial support Washington intends to provide Ukraine ...
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U.S. retail sales see biggest drop in nearly two years
WASHINGTON >> U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages, suggesting a sharp slowdown in ...