military spending

Latest news related to military spending

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Which country puts the West at risk of division?

Ukraine could become the trigger for the disintegration of the EU and NATO, Chinese news portal Net Ease said.

International

Why does the EU need 800 billion euros to rearm?

The European Commission president has unveiled an €800 billion plan to re-arm the EU. To boost military spending, Brussels proposes weakening current EU budget rules, allocating more loans and attracting private capital.
German Defense Ministry says military spending of 2% of GDP is not enough

German Defense Minister Pistorius said that military spending is not enough at 2% of Germany's GDP.

World military spending hits record high since 1990

Global military spending in 2023 is set to hit a record high since 1990, averaging $306 per person.
International news: Conflict pushes military spending to 'all-time high'

(Baonghean.vn) - International news on April 22 includes the following information: Conflict pushes military spending to 'highest level ever'; Israeli military commander approves plan to continue war in Gaza; Iraq launches missiles at US military base in Syria; Iran denies direct negotiations with US.
Skeptical of America's 'nuclear umbrella', Europe increases military spending: Is it too late?

(Baonghean.vn) - Having trusted the US for security for decades, Europe is now waking up to the fact that it can no longer completely rely on the “nuclear umbrella”. The question of whether a nuclear power is willing to trade off its interests to protect a distant ally has become a core issue.
Europe speeds up forging new weapons, because of Russia?

(Baonghean.vn)- The Stockholm International Peace Research Institute recently surprised international public opinion, as global military spending in 2022 reached an all-time high: 2.24 trillion USD, an increase of 3.7% over the previous year, mainly due to the Russia-Ukraine conflict.

World defense spending hits record high
April 24, 2023 16:22

(Baonghean.vn) - According to statistics from the Stockholm International Peace Research Institute (SIPRI), world defense spending in 2022 reached its highest level in the past 8 years.
US allocates additional $250 million for Ukraine's military spending
June 19, 2019 09:19

The US has allocated an additional $250 million for military spending on Ukraine. This was stated on the Pentagon website.
Tensions with China, India and Japan increase military spending
May 2, 2018 17:59

(Baonghean.vn) - According to a report released by the Stockholm International Peace Research Institute (SIPRI) on May 2, tensions with China have forced Asian countries, including India and Japan, to increase military spending.
Russia cuts military spending for first time in 20 years
May 2, 2018 08:14

Pressure from Western sanctions is believed to have forced Russia to cut its defense budget by 20% last year.
US lawmakers support increased military spending for Asia-Pacific
March 2, 2017 10:47

A bipartisan group of US lawmakers has backed a proposal to allocate $7.5 billion in the 2018-2022 fiscal year defense budget for US and allied forces in the Asia-Pacific, a region where tensions are rising over China's territorial ambitions and its military buildup.
China spends $132 billion on military spending in 2014
March 5, 2014 10:34

On March 5, the Chinese government announced that the country will increase military spending by 12.2% in 2014 to 808.23 billion yuan (about 132 billion USD), continuing the double-digit increase in the defense budget over the past two decades.

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