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Military spending

Taiwan Warns China’s Military May Make ‘Sudden Entry’

Taiwan Warns China’s Military May Make ‘Sudden Entry’

Taiwan Defense Minister Chiu Kuo-cheng on Monday warned that the country is on alert for a 'sudden entry' by the Chinese military into regions close to its territory amid rising military tensions across the Taiwan Strait....
ITN Mar 6, 2023
Denmark Scraps Public Holiday to Boost Defense Budget

Denmark Scraps Public Holiday to Boost Defense Budget

On Tuesday, Denmark's parliament voted 95-68 to abolish 'Great Prayer Day' — a springtime religious holiday observed since the 17th century — to boost military spending....
ITN Mar 1, 2023
Russian Banks, Economy Perform Better than Anticipated

Russian Banks, Economy Perform Better than Anticipated

Despite sanctions imposed by Western nations in response to the war in Ukraine, Russian banks have reportedly rebounded by conducting internal business with the state, buoyed by the country’s growing defense budget and record corporate account surplus....
ITN Feb 22, 2023
France to Boost Military Spending by 40%

France to Boost Military Spending by 40%

French Pres. Emmanuel Macron on Friday said France would increase its military budget by more than one-third over the next six years to respond to 'the dangers of the century,' including threats posed by the Russia-Ukraine war and technological advances.
ITN Jan 20, 2023

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