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The Latest Breaking News from Defense Spending

First Thing: Russia launches wave of strikes across Ukraine

Strikes follow European leaders committing to a huge boost in defense spending. Plus, another of Elon Musk’s Starship rockets explodes within minutes of take-off

The Guardian - UK

Trump, tariffs and potential defense spending surge overshadow European Central Bank meeting

The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing are looming over Thursday’s policy meeting at the European Central Bank

The Independent UK

Germany to ease government debt limits in major step aimed at boosting economy, defense spending

The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense and infrastructure

The Independent UK

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'Germany is back': Country agrees bumper $1.3 trillion spending package to revive economy

Germany's coalition agreed a landmark deal to exempt defense spending from its harsh debt brakes, in addition to unveiling a $535 billion infrastructure pledge.

Fortune

Germany's likely next governing parties seek looser debt rules for more defense spending

The prospective partners in Germany’s next government say they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending

The Independent UK

EU Unveils Plan To Boost Defense Spending Amid Ukraine Crisis

EU introduces 'ReArm Europe' plan to borrow €150 billion for defense in response to US aid suspension to Ukraine.

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EU Proposes 800 Billion Euro Defense Plan Amid US Uncertainty

EU proposes 'REARM Europe' package with 800 billion euros to enhance defense capabilities and reduce reliance on U.S. support.

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British PM Urges US President Against Rewarding Russia In Ukraine

British PM Keir Starmer advises against rewarding Russia in Ukraine peace deal and announces significant increase in UK defense spending.

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Donald Trump’s meeting with Keir Starmer: key takeaways

Britain’s prime minister is potentially one of the European leaders best placed to handle the mercurial president

The Guardian - US

Britain To Increase Defense Spending, Cut Foreign Aid Budget

British PM Keir Starmer plans to boost defense spending amid US-Europe rift over Ukraine, cutting foreign aid to fund increase.

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Keir Starmer Drops 8 Russia Bombshells That Could Change Life in the UK Forever

In a bold move that has rattled political circles, Keir Starmer announced the largest increase in defense spending since the Cold War during a fiery Commons debate.

The Fashion Central

UK Prime Minister Pledges Increased Defense Spending By 2027

UK Prime Minister announces defense spending increase to 2.5% of GDP by 2027, emphasizing support for Ukraine and NATO alliance in response to European ins...

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Britain To Increase Defense Spending Amid US-Europe Rift

British PM Keir Starmer announces plans to increase defense spending, emphasizing strong alliances and potential growth to 3% of GDP. This move reflects a ...

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President Trump Meets With Polish President Duda At CPAC

President Trump and Polish President Duda reaffirm strong alliance at CPAC meeting, discussing defense spending and regional challenges.

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The Fashion Central

Keir Starmer Blasted for ‘Wasting Months’ on Ukraine Arms as Peace Deal Crumbles

Shadow Defense Minister James Cartlidge has made an urgent call for the UK Government to increase defense spending and urgently place procurement orders.

The Independent UK

Denmark announces plans to bolster its defense spending and raise it above 3% of GDP

The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it says will raise the country’s defense spending to more than 3% of gross domestic product this year and next

International Business Times

BAE Profits Boosted By Defense Spending Amid Ukraine War

British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine.

Fortune

Europe deserves its seat at the kids' table over Ukraine, German defense boss says

European NATO members' repeated failure to hit its defense spending targets means it should have no complaints about peace talks, Rheinmetall CEO says.

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Top News

UK Increases Defense Spending Amid Rising Global Threats

UK Defense Secretary emphasizes enhanced defense strategy amidst Ukraine war and US-Russia talks. Increased spending and potential troop deployment in focus.

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NATO Secretary General Addresses US Vice President's Controversial Speech

NATO Secretary General Rutte praises US VP Vance's speech on US-Europe unity and defense spending concerns in Munich.

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Taiwan To Increase Defense Spending To Over 3% GDP

Taiwan plans to increase defense spending to over 3% of GDP to address US security concerns.

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US Urges NATO Allies To Increase Defense Spending

Secretary of Defense Pete Hegseth calls for NATO allies to boost defense spending in line with U.S. efforts. Trump administration's engagement with Russia ...

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US Defense Secretary Prioritizes Ending War In Ukraine At NATO Meeting

US Defense Secretary Hegseth addresses Ukraine war at NATO meeting, discussing negotiations and defense spending.

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US Urges NATO Allies To Increase Defense Spending To 5%

US Defense Secretary Pete Hegseth urges NATO allies to increase defense spending to 5% GDP, aligning with Trump administration's stance.

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NATO Urges Member States To Increase Defense Spending

NATO members commit to increased defense spending and production to enhance readiness and adapt to evolving security challenges.

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