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US president has sought talks with Chinese, Russian counterparts to cut defense spending, as well as move toward ...

Defense Secretary Pete Hegseth hammered home a message upon arrival at NATO headquarters Thursday that allies need to show ...

Société Générale analysts highlighted three key trades related to the potential U.S. actions for a Russia-Ukraine peace deal.

Russia’s defense spending has surpassed that of all European countries combined, according to a new study, raising concerns ...

GDP is the total value of goods and services produced in a country divided by the number of full-time residents.

Russia’s defense spending surged 42 percent in 2024, reaching 13.1 trillion rubles, or approximately $462 billion in purchasing power parity, The Financial Times reported on February 12, citing data ...

Franky Oesman Widjaja, Chairman and CEO of Sinar Mas Agribusiness and Food, underscored the urgent need for a climate- and ...

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The spending figures included in the think tank’s newly published Military Balance report also show that in real-terms, Russia’s military expenditure increased by over 40 percent in 2024.

Russia’s military spending in 2024, when adjusted for purchasing power parity (PPP), exceeded that of the European Union and ...

Russia has what it needs to fight on in Ukraine for at least another year and retains the battlefield initiative, but is ...