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7 Nov 23
Military conflicts have been a key contributor to climate change and it would cost the US and UK more than $100bn to compensate for the impact on the Global South, researchers have claimed.
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11 Jan 23
Egypt will reduce the state’s role in the economy – including its military, which has grown its footprint rapidly in the decade since a 2013 coup – in a bid to boost growth, the president has agreed...
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13 Sep 22
The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
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1 Jul 22
Ukraine is set to receive a further £1bn of military support from the UK to help counter Russian “brutality” in the nation.
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20 May 22
European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
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28 Apr 22
Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
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25 Apr 22
Governments spent more than ever before on their militaries last year, with total spending reaching an all-time high after seven consecutive years of growth.
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24 Jan 22
The European Commission and Canada are set to provide more than £1bn in loans grants to Ukraine, to help ward off the threat of Russian hostility.
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26 Jan 21
Global defence spending reached $1.93trn in 2020, after rising continuously for the past seven years, but a “noticeable slowdown” could be on the way as governments deal with the fallout of Covid-19.
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12 Sep 19
The EU’s plans to increase defence spending seven-fold could produce no results if proper goals are not place, auditors have warned.
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11 Jun 19
Pakistan’s military agreed to take a budget cut ahead of the government revealing its spending for the year today as the country faces a “critical financial situation”.
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20 Jun 18
China will give more than $100m in military aid to Cambodia, to be use for “any necessary need”, it has been announced.
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13 Mar 18
The French president has reversed a decade of defence budget cuts by approving nearly €300bn in military spending by 2025, as he pushes for military service to be compulsory.