Lithuania Pledges to Boost Defense Spending

Another U.S.-aligned democracy in Asia is mired in political gridlock, with Taiwan’s opposition challenging defense spending ...
Lithuania is to increase its defense spending to between 5 percent and 6 percent of its GDP from 2026, matching Trump's target.
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Military spending and arms production do not help long-term economic growth, Italy's central bank governor Fabio Panetta said ...
Donald Trump has frequently spoken about the need for NATO allies to increase the amount they spend on defense.
The defense ministers of Europe’s five top military spenders say they intend to continue increasing their investments in ...
Outgoing U.S. Defense Secretary Lloyd Austin has recommended a boost in defense spending by about $50 billion more than the ...
But that record was threatened in the Republican-led House of Representatives on July 14, 2023, when members passed the US$886 billion bill by a 219-210 mostly party-line vote. Reflecting the current ...
National Defense Authorization Act includes $47 million worth of projects at Fort Liberty. Here's what they are.