Russia’s Defence Spending At Highest Level On Record
The Kremlin’s new budget for 2025 is a blueprint for war, with plans to increase military expenditure to its highest level since the collapse of the Soviet Union.
The Kremlin’s new budget for 2025 is a blueprint for war, with plans to increase military expenditure to its highest level since the collapse of the Soviet Union.
Nations hit defense spending targets from 6 in 2021 to 23 in 2024.
A record 23 of NATO’s 32 member nations will meet the alliance’s defense spending target this year, NATO Secretary-General Jens Stoltenberg has said.
Despite world defense spending reaching a record $2.2 trillion last year, 77% of citizens of NATO countries believe they should increase or maintain defense spending – up from 70% in 2021.
Ensuring peace and stability on this island is critical to U.S. security and prosperity.
The United States has more than 50,000 military personnel stationed in the Middle East across a range of bases and regional commands, according to estimates.
The U.S. government sold a record $81 billion worth of military equipment and services to foreign powers in 2023 – an increase of 56% in 2022, the U.S. State Department reports.
European leaders are trying to agree on a €50 billion aid package to Ukraine that Hungary blocked in December. EU aid is critical as $60 billion in U.S. funding remains blocked in Congress.
Pakistan has conducted missile strikes inside Iran, targeting separatist Baloch militants, two days after Tehran said it had attacked the bases of another group within Pakistani territory.
89% concerned the attacks might disrupt vital supply chains of commodities such as food and energy.
U.S. voters see the postwar military alliance as increasing risk of war, while creating a drain on public finances.