Defence spending
As the leaders' summit of the North Atlantic Treaty Organization (NATO) gets underway in The Hague, Prime Minister Mark Carney has announced that Canada will be required to spend $150-billion annually on defence-related priorities under the new NATO military spending target. This figure is tens of billions of dollars
Defence spending
As the global community remains on high alert due to Russia's ongoing invasion of Ukraine, NATO leaders have gathered in The Hague to discuss a significant increase in defense spending. Ukrainian President Volodymyr Zelenskyy, who has been at the forefront of the conflict, was absent from the meeting
Defence spending
The Kremlin's justification for its invasion of Ukraine has relied heavily on the claim that NATO expansion into Eastern Europe has threatened Russia's interests. This narrative has been repeated by Russian President Vladimir Putin, who argues that Western powers promised not to expand NATO into territory
Defence spending
As the NATO summit commenced in Brussels, Secretary-General Mark Rutte defended the United States' pre-emptive air strikes on Iran, stating that they do not breach international law. Rutte emphasized NATO's consistent position that Iran should not possess a nuclear weapon, and the organization's primary concern
Defence spending
British Prime Minister Sir Keir Starmer has announced a commitment to spend 5% of the country's GDP on national security, with 3.5% allocated to core defence spending and an additional 1.5% for resilience and national security. This decision comes amidst escalating tensions in the Middle East,
Defence spending
The Indian Army has placed a major order with ideaForge Technology for high-performance hybrid Mini Unmanned Aerial Vehicles (UAVs). The ₹137 crore contract is for the supply of advanced VTOL systems designed for Intelligence, Surveillance, and Reconnaissance (ISR) missions. The order was secured through the Emergency Procurement route, which underscores
Defence spending
Households in the UK may face an additional barrage of tax increases as the government grapples with meeting its renewed commitments on defence spending. Paul Johnson, the director of the Institute for Fiscal Studies, warned that a lot more tax rises will be necessary to meet the increased spending, particularly
Defence spending
The 2019 Nato summit, held in The Hague, is a critical moment for the alliance, with every effort being made to ensure that US President Donald Trump remains committed to Article 5, the collective defense principle that guarantees the security of all member states. Despite Trump's past unpredictability,
Defence spending
Nato's member countries have agreed to increase defence spending to 3.5% of GDP, with an additional 1.5% allocated to broader security-related investments, including cyber-security and intelligence. The decision comes amid growing concerns over Russia's aggression, with former Dutch prime minister Mark Rutte describing Moscow
Defence spending
As Canada's government begins to increase its defence spending, the country's tech industry is gearing up to take on the challenge, despite decades of underinvestment in the sector. With global defence tech growing faster than ever, Canada is seen as an early player in a market
Defence spending
The NATO summit is underway in The Hague, with leaders working to set a new military spending target of 5% of GDP for alliance member countries. This target is expected to require Canada to spend $150-billion annually on defence-related priorities, with approximately $45-billion to $50-billion in additional core military spending
Defence spending
Ukrainian President Volodymyr Zelensky has expressed concerns that Kremlin leader Vladimir Putin could launch an attack on a NATO country within the next five years to test the alliance. Zelensky made this statement in an interview with Sky News, where he also criticized NATO's slow progress in increasing
