Moscow/Washington: Highlighting the threat from China and North Korea, Japan’s Defence Ministry has demanded a record $53 billion in defence spending from the Parliament. Japan has increased its defence costs by a whopping 12 per cent compared to last year. However, due to this defence spending by Japan, the peace and stability of the Asia-Pacific […]
Paris: President Emmanuel Macron announced a 40 per cent increase in the country’s defence spending, saying that defence preparedness is necessary to maintain France’s freedom, security, prosperity and position worldwide. This increase will be for the period from 2024 to 2030, Macron explained. According to President Macron’s proposal, France will spend a whopping €413 billion […]
Paris: French President Emmanuel Macron indicated a substantial increase in defence expenditure by saying, ‘Since the Russian invasion of Ukraine, France has become a war economy. The situation could continue in France for the next many years.’ The French President has issued instructions that taking into account the significant changes in the geopolitical equations of […]
Washington: Analyst Rich Larry has claimed that against the background of the increasing Chinese threat and the Russia-Ukraine war, the United States should increase its defence expenditure budget to $1 trillion. Larry said the United States should have the capability to defend both the European and Asian fronts simultaneously, citing the Russia-Ukraine war. The US […]
Athens/Ankara: Greece has increased its defence expenditure budget by a whopping 57% to stop the aggressive Turkish activities in the Mediterranean Sea. The Greek parliament approved this increase on Tuesday, and Greece will be spending USD 6.6 billion on the defence forces in 2021. This envisages the increase in the number of defence personnel, purchase […]
Beijing: Surpassing Russia, China turned out to be the second highest spender on defence as defence spending race. It was announced in the annual session of the Chinese communist party that China will keep increasing its defence expenditure, neglecting objections being raised, regarding its defence policies and expenditure. But China has also claimed that this […]
Washington: US President Donald Trump has sanctioned an essential increase in the defence expenditure and has indicated a provision of $750 bn for this purpose. As per the sources, this sanction was given after his meeting with US Secretary of Defence James Mattis. President Trump has consistently stressed on increasing the capabilities of the defence […]
Beijing: The Chinese Premier made the statement, ‘China will keep upgrading in war preparedness and all the aspects of military training. The interests related to sovereignty, security and development of the country will be protected firmly and with conviction. The circumstances concerning security are changing fast and China has to counter it. In view of […]
New Delhi: The finance minister has increased the defence expenditure budget by 7.81%. Hence, the defence expenditure has increased to 2,95,511 crores and most of this is going to be used for modernising the defence forces. There also is a stress on the purchase of new defence equipment. The previous budget had a provision of […]
Washington: The US President Donald Trump will announce the defence expenditure budget of USD 716 billion, an increase of 7% over the previous year. President Trump is likely to suggest this increase in the defence expenditure by underlining the increasing threat from Russia and China, claimed two senior US officials. The Trump administration has not […]