China is raising its defense budget by 7.2% for 2024, the government announced March 5 during the second annual session of the 14th National People’s Congress. The new budget is nearly 1.7 trillion yuan (U.S. […]
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South Korea plans to spend 346.7 trillion Korean won ($262.8 billion) in the next five years to bolster its defense capabilities amid, according to the country’s Defense Ministry. The ministry announced its 2024-2028 midterm defense […]
Russia is set to increase defence spending by almost 70 percent in 2024, a finance ministry document published on Thursday showed, as Moscow pours resources into its full-scale offensive in Ukraine. Since the conflict began […]
India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials and a source with direct […]
On April 4th, the French government unveiled the new Military Programming Budget (LPM), which is €100 billion higher than the previous seven-year budget. Sébastien Lecornu, French Minister of Defense, described this LPM as an “unprecedented […]
China announced it will boost its military budget by nearly $230 billion this year amid concerns it will launch an invasion of Taiwan. The money is set to ‘boost combat preparedness and enhance military capabilities,’ […]
Japan’s plan to undertake its biggest military build-up since World War Two without increasing headcount is flawed, former and serving officers told Reuters, casting doubt over the country’s efforts to deter regional rivals China and […]
Japan on Friday unveiled its biggest military build-up since World War Two with a $320 billion plan that will buy missiles capable of striking China and ready it for sustained conflict, as regional tensions and […]
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