The growing distance between the United States and its allies in NATO is an overdue nudge to European nations to start paying ...

The U.S. dollar’s dominance is slipping amid a highly concentrated stock market and shifting global alliances. Read more here ...

Badenoch pointed to Starmer’s proposal to increase defense spending and claimed that it was her idea to fund the rise by cutting aid. She expressed satisfaction that Starmer has accepted her ...

Across Europe, leaders for years have promised to ramp up defense spending, though progress has been slow. NATO in 2014 set a target that each member dish out 2 percent of its GDP on defense by 2024.

European Union member states need to increase defense outlays on a national level ... stability and maintaining the integrity of the budget rules,” Donohoe, who also chairs meetings of euro ...

U.K. Prime Minister Keir Starmer flies to Washington on a trip aimed at persuading U.S. President Donald Trump to maintain military support for Ukraine LONDON -- LONDON (AP) — U.K Prime Minister ...

LONDON (AP) — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a ...

He said the goal is for defense spending to rise to 3% of GDP by 2035. To pay for it, overseas development aid will be slashed from 0.5% to 0.3% of national income, he said, calling that a “very ...

However, while the EU also spends more on defence and has more active military personnel, when adjusted for purchasing power parity, Russia is now spending more on defence than European countries ...

India boosts defense budget to $75 billion, ranks 4th among global military powers India continues to cement its position as a global military power, ranking fourth on the Global Firepower Index ...