German parties agree deal to loosen debt limit, expand defense spending as Europe called to do more
German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.
Congress and DOGE Can Find Spending Cuts at the Department of Defense
The growing distance between the United States and its allies in NATO is an overdue nudge to European nations to start paying ...
European defense manufacturers’ futures look up as Trump’s unpredictability makes allies uneasy
The EU is reportedly drafting a “White Paper” in a massive project to build up its defense industry after the U.S. paused aid to Ukraine during its war with Russia. The U.S. later unpaused the aid, ...
Japan’s GDP Growth Imperils 2% Defense Spending Target
The growth of Japan’s GDP may sound like good news for the country, but it also means it will have to pay more to reach its ...
China will increase its defense budget 7.2% this year
China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern ...
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Germany Nears Constitutional Change To Hike Defense Spending
Germany is poised to approve a partial suspension of its constitutional debt limitation to bolster its ability to invest more ...
Republicans Win Shutdown Showdown, Leaving Democrats Indignant and Divided
The Senate voted to avoid a government shutdown less than nine hours before the deadline, leaving Democrats divided and pointing fingers.