NATO said on Feb. 14 that Europe was meeting an alliance spending target and the United States needed allies. NATO’s statement followed earlier remarks by former U.S. President Donald Trump, wherein he suggested that Washington might not protect countries that did not spend enough. NATO’s European states are poised to invest a combined total of […]
President Joe Biden will veto the first two appropriations bills to be voted on by the House if they reach his desk, according to White House Office of Management and Budget statements released on July 24. The statements are a shot across the bow of the Republican-controlled House as it has begun to legislate steeper […]
Military spending worldwide has increased for an eighth consecutive year in 2022 to reach $2.2 trillion, levels never seen since the end of the Cold War, a Stockholm think tank said on April 24. The military spending values were adjusted for inflation, and an increase of 3.7 percent compared to 2021 was observed, according to […]
The Chinese Communist Party’s (CCP) 2023 Two Sessions top political meeting started on Saturday, March 4, and is expected to last for two weeks. The regime has set its 2023 gross domestic product (GDP) target at its lowest level in years. It also announced a 7 percent increase in military spending, its second highest in […]
The Biden White House recently alleged the Republican lawmakers who now control the House of Representatives will pursue spending cuts that will “defund” the U.S. military. In a Monday response, the new Republican House Majority Whip accused the Biden administration of “peddling lies” about Republican plans. Republicans, who recently took over control of the House, […]
House lawmakers say the United States must win a “new Cold War” with China. To do it, they’re forming a select committee on China. Congress overwhelmingly passed a military spending bill. One of the urgent issues is support for Taiwan. Canada’s police force is suspending a contract with a company partly owned by the Chinese communist regime. […]
Russia’s invasion in Ukraine is prompting military spending boosts in the West. But questions rise over whether war in Ukraine will shift focus away from the threat to Taiwan. To counter China, Americans must reconstruct their frame of thought. A former NATO chair breaks it down. Five more Chinese companies are added to a U.S. […]
The Swedish government on Friday announced plans to allocate more than $160 million to further increase its military capabilities on a strategically important island in the Baltic Sea amid security threats from Russia over its likely NATO membership. Max Elger, the country’s minister for financial markets, told reporters the extra budget is to expand several […]
Taiwan proposed on Thursday extra defense spending of about $9 billion over the next five years. This money will be used in part on new missiles and warships. Taiwan warned of an urgent need to upgrade weapons under what they called a “severe threat” from China.
A new budget analysis shows how compound interest could soon affect U.S. fiscal policy. It predicts a $1.2 trillion increase in military costs over a decade, commenting on a defense budget bill proposed last week.
The North Korean regime has threatened the United States with a preemptive nuclear strike. The threat comes at a time where North Korea appears both concerned about its own future but unwilling to let go of its nuclear weapons program. In an article published by the Korean Central News Agency (KCNA), the regime said that “the iron-willed […]
President Trump was in Virginia to tour the U.S.’s newest aircraft carrier, the USS Gerald R. Ford. In his speech Trump introduced plans to rebuild the US navy. “In these troubled times, our Navy is the smallest it’s been since World War I. That’s a long time ago. In fact, I just spoke with Navy and […]
Speaking to a meeting of the National Governors Association, President Donald Trump said his first budget will focus on “public safety” and “national security.” The White House says President Donald Trump’s upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. White House […]
Read the President’s full speech. THE PRESIDENT: Thank you all. This will be somewhat of an informal meeting. I want to congratulate Mick Mulvaney, who’s been confirmed finally — we waited a long time — by the Senate. And he’s going to be an absolutely great director. Total confidence in Mick. Known him for a […]
German Foreign Minister Sigmar Gabriel said on Friday (February 17) there was no question that Europe must spend more on defence, but said the debate on military spending needed to include work on sustainable development. “There is no question that Europe will have to take more responsibility for that (military spending), but we cannot reduce […]
The North Atlantic Treaty Organization (NATO) has ensured peace in the West since the end of WWII. However only only 5 countries currently meet the military budget requirement – 2% of GDP. President Trump was critical of NATO during his campaign. A key concern was that the United States spends about 3.6% of its GDP on […]
