News

Sweden and the Netherlands say before NATO summit they will spend 5% of GDP on defense
Sweden and the Netherlands say they intend to increase defense spending to 5% of their gross domestic product in line with ...
Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
Portugal Aims to Meet Defense Spending Goal of 2% of GDP in 2025
Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...
Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says
Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United ...
Russian Budget Deficit for January-May Was 1.5% of GDP
Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...