The EU has approved a €150B rearmament fund aimed at enhancing support for Ukraine. As reported by Reuters, the EU nations have come to a preliminary agreement on establishing a new credit mechanism for rearmament purposes entitled the Security Action For Europe (SAFE), which is valu... #DefensePurchases #EUdefense #MilitarySpending #SAFE
The US states that Ukraine’s funding hinges on Zelenskyy’s commitment to peace. Will the Ukrainian budget be able to cope without US assistance? US Secretary of Commerce Howard Lutnick remarked that Ukraine will not receive funding unless President Zelenskyy actively “strives for peace.” He emphasized that the US was prepared to si... #DonaldTrump #HowardLutnick #MilitarySpending #MineralAgreement #UkraineBudget2025 #UkraineBudgetDeficit #WarinUkraine #Zelenskyy
Moscow still has dangerous combat forces that will enable it to engage in war, and oil revenue will be enough to finance aggression for several years. The commander of NATO forces in Europe, American General Christopher Cavoli, said that Russia has suffered significant losses in Ukraine but still has “dangerous fighting forces” that are ... #ChristopherCavoli #DefenseSpendingRussia #MilitarySpending #SanctionsAgainstRussia #WarinUkraine
Spending on nuclear weapons reached a record $91B; this is enough to provide greenenergy for 12 million homes. As reported by the International Campaign to Abolish Nuclear Weapons (ICAN), the nine states that possess nuclear weapons spent $91.4B on them last year. This spending is effectively useless, as the n... #China #ICAN #MilitarySpending #NuclearWeapons #RussianFederation
Western countries must spend $10T on defense to effectively deter dictatorial regimes. In 2024, defense spending by European NATO members will reach 2% of GDP ($470B) for the first time. However, to ensure effective defense and maintain its deterrence policy, NATO countries must increas... #DefenseBudgetNATO #EUdefense #G7 #MilitarySpending #NATO
