17 h. ago Macron announces 6.5 billion euros in extra military spending in next two years

″To be free in this world we must be feared. To be feared we must be powerful,'' the French president said in announcing billions in new military spending.

Politics

2 w. ago Letters June 27, 2025: ‘Making our new military spending target will be no problem, if we do it right.’

  Military target should be easy It will be easy to hit our 5% of GDP target for military spending. We simply just have to convert all military equipment (tanks, airplanes, subs, etc.) to run off renewable energy. The other option would be to reduce the denominator of the equation by eliminating all natural resource […]

Events

2 w. ago US Allies Wary of Buying American as They Plan Defense Buildup

For European countries that just approved the biggest increase in military spending in decades, “Buy American” is looking a lot less appealing than it once was. They may have no choice.

Events

2 w. ago Parliamentary budget officer urges Carney to show numbers as spending rises

Canada’s budget watchdog urged Prime Minister Mark Carney to release an update on the federal government’s finances soon or risk eroding the government’s credibility with investors. Carney is promising to spend billions on infrastructure, military equipment, housing and transportation — part of his ambitious agenda to boost the potential of the Canadian economy. Those plans, […]

Events

2 w. ago NATO leaders agree to hike military spending and restate ’ironclad commitment’ to collective defence

THE HAGUE, Netherlands — NATO leaders agreed on Wednesday on a massive hike in defence spending after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to come to each other’s aid if attacked. The 32 leaders endorsed a final summit statement saying: “Allies commit to invest 5% of GDP annually on core […]

Events

2 w. ago Majority of Canadians think country is ‘falling behind’ militarily: Survey

With Prime Minister Mark Carney in Europe this week for a NATO summit, Angus Reid is checking the country’s temperature on military spending. A new survey says 75% of Canadians believe this country is “falling behind” militarily, even as Carney has committed in recent weeks to a significant defence spending increase. Still, the top choice […]

Politics

2 w. ago NATO to take ‘quantum leap’ with 5% military spending target

The 32 members of the alliance will pledge to boost defence expenditure to five percent of gross domestic product, a key demand of President Donald Trump

Events