Defence spending
As NATO leaders convene in The Hague, the alliance is expected to emphasize increased military spending amidst ongoing concerns about Russian aggression, particularly in Ukraine. President Trump's focus on containing Iran and his demands for NATO members to spend more on defense will overshadow discussion of Russia, despite
Defence spending
As President Trump arrives in The Hague for a NATO summit, the world is witnessing a significant shift in global politics. The tone of the summit is vastly different from previous gatherings, with the US disengaging from Europe and turning its attention to Asia and the Middle East. This has
Defence spending
Lithuania's Minister of National Defence Dovile Sakaliene will represent the country at the NATO summit in The Hague from June 23-25. The summit will focus on collective defence and deterrence issues, with a primary goal of increasing defence spending to 5 per cent among NATO allies. The defence
Defence spending
Bilawal Bhutto Zardari, Chairman of the Pakistan Peoples Party (PPP), has announced his party's support for the federal budget, praising the government's efforts, particularly the 20% increase in the defense budget. However, he also highlighted several unmet demands, including the need for Southern Punjab to receive
Defence spending
NATO Secretary General Mark Rutte stressed that Ukraine will remain a top priority at the upcoming alliance summit, despite President Volodymyr Zelenskyy's absence from a key leaders' meeting. The summit aims to boost military spending, with European allies and Canada committing to provide over €35 billion in
Defence spending
Prime Minister Mark Carney has arrived in Europe for a series of high-level meetings aimed at strengthening Canada's relationships with European allies and reducing its reliance on the US for defence procurement. Carney is being joined on the trip by Minister of Foreign Affairs Anita Anand, Defence Minister
Defence spending
NATO Secretary General Mark Rutte stressed the alliance's commitment to supporting Ukraine during a summit this week, despite Ukrainian President Volodymyr Zelenskyy's absence from a key leaders' meeting. The summit, which begins on Monday, will see leaders discuss a proposal to increase military spending and
European Union
As the North Atlantic Treaty Organization prepares to meet at The Hague, European nations are set to commit more funds to deter Russia, following years of debate. However, the region must now unify its fragmented manufacturing, addressing significant delays, supply shortages, waste, and duplication. The escalating Middle East tensions, coupled
European Union
Canadian Prime Minister Justin Carney has embarked on a major foreign policy shift, prioritizing closer defence ties with the European Union over its long-standing relationship with the United States. This move comes amidst escalating tensions with Russia and China, as well as the recent US airstrikes on Iran. Mr. Carney&
Cabinet officials
Minister of Finance, Makis Keravnos, emphasized the significance of defence sector funding in strengthening the EU's strategic autonomy and enhancing European economic competitiveness during the EU Economic and Financial Affairs Council (Ecofin) meeting in Luxembourg. The ministers discussed the future financing of the defence sector, with Keravnos stressing
European Union
The European Union's top diplomat, Kaja Kallas, has warned that Russia poses a direct threat to the continent through acts of sabotage and cyberattacks, but suggests that President Vladimir Putin's massive military spending indicates plans for further aggression, including potentially testing NATO's Article 5
European Union
The scarcity of Bunds, Germany's benchmark debt, is a thing of the past, according to Tammo Diemer, an executive board member at Germany's finance agency. The increasing availability of German bonds in the secondary market after the end of quantitative easing has led to a surge
