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Germany's defence minister has called on European nations to take greater responsibility for their own security after the US announced plans to draw down its troop presence in Europe. The move puts pressure on EU and NATO members to accelerate defence spending and capability-building to fill the potential gap.
Morgan Stanley projects up to $800 billion in capital expenditure for India driven by the West Asia conflict, covering energy, defence, fertilisers, and data infrastructure. Higher oil and fertiliser import costs remain the key downside risk. The net impact on India hinges on conflict duration and global supply chain
Global military spending rose to a record $2.89 trillion in 2024, its eleventh straight annual increase, led by a sharp European rearmament push. U.S. defence spending declined, marking a notable shift in who is driving global security costs. European NATO members, long under pressure to hit the 2% of GDP spending
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Germany's defence minister has called on European nations to take greater responsibility for their own security after the US announced plans to draw down its troop presence in Europe. The move puts pressure on EU and NATO members to accelerate defence spending and capability-building to fill the potential gap.
1mo ago · 2 min · Global Affairs
Morgan Stanley projects up to $800 billion in capital expenditure for India driven by the West Asia conflict, covering energy, defence, fertilisers, and data infrastructure. Higher oil and fertiliser import costs remain the key downside risk. The net impact on India hinges on conflict duration and global supply chain
2mo ago · 1 min · Markets
Global military spending rose to a record $2.89 trillion in 2024, its eleventh straight annual increase, led by a sharp European rearmament push. U.S. defence spending declined, marking a notable shift in who is driving global security costs. European NATO members, long under pressure to hit the 2% of GDP spending
2mo ago · 1 min · Global Affairs
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