New German Chancellor Friedrich Merz said Wednesday he will work to bring Europe and the U.S. together in their approach to ...

In Sweden, as across Europe, defense spending is soaring — but too slowly to meet Russia’s threat. STOCKHOLM — Europe’s race ...

TOM KREBS is Professor of Economics at the University of Mannheim, member of the German Minimum Wage Commission, and former ...

an economist at the National Institute of Economic and Social Research, a think tank in London. The government’s ambitions for higher military spending should reach the poorer parts of the ...

The world is arming itself at the fastest rate since near the end of the Cold War, according to a new report, as major wars ...

President Donald Trump is asking Congress for deep cuts to domestic agencies and a boost to the military in a preliminary outline of his 2026 budget request to be released Friday.

Germany's Foreign Minister Johann Wadephul has publicly backed US President Donald Trump's demands for a massive increase in ...

The wars in Ukraine and the Middle East, and pressure from Trump, helped drive a massive boost in global military spending last year, a Swedish think tank says.

Europe is in desperate need of faster economic growth to fund more spending for self-defense. Leave it to the small but mighty nation of Finland to show how to do it. The country of 5.6 million ...

Global government space investments rocketed to $135 billion in 2024, marking a 10% increase from 2023, with defense expenditures driving growth and continuing to outpace civil ...

U.S. military branches are being told to find budget cuts to offset the proposed $50 billion increase in defense spending. One challenge is that identifying some unnecessary spending requires leaders ...

Italy's economy minister Giancarlo Giorgetti said ... which currently excludes pensions from reported military spending, would change its accounting in part to reflect those costs as it seeks ...