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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....

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....

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.