The Business Times

military spending

Wealth & Investing

Mid-year insights: Opportunities amid globalisation’s discontents

Britain's Prince William speaking to soldiers while visiting British service personnel at the Tapa Army Base, northern Estonia, in March. Unlike social expenditure, defence spending faces little political resistance.
Opinion & Features
THE BROAD VIEW

Europe can’t rearm its way to security

Russian T-72 tanks are seen during military drills in the southern Krasnodar region, Russia, Dec 2, 2024. Russia’s military expenditure reached an estimated US$149 billion in 2024, a 38 per cent increase from 2023 and double the level in 2015.
International

World military spending hits US$2.7 trillion in record 2024 surge

A wind turbine in front of the lignite-fired power station operated by German energy giant RWE near Neurath, western Germany.
Opinion & Features

Germany’s incoming government has embraced military Keynesianism

Biden said the new assistance will provide Ukraine with “an immediate influx of capabilities that it continues to use to great effect on the battlefield and longer-term supplies of air defence, artillery, and other critical weapons systems.”
International

Biden announces US$2.5 billion in fresh military aid to Ukraine

Intel is still negotiating the terms of that broader incentive package.
Companies & Markets

Intel solidifies US$3.5 billion deal to make chips for military

The US and Nato flags in Washington, DC, ahead of the military alliance's summit taking place from Jul 9 to 11.
Opinion & Features

Western leaders seek to shore up ageing Nato – and Biden too

The UN report says Myanmar still imported US$253 million worth of weapons, dual-use technologies, manufacturing equipment and other materials in the 12 months to March.
ASEAN Business

Myanmar central bank denies UN report on weapons transactions

WASHINGTON, DC - OCTOBER 11: A General Dynamics Land Systems display is seen at the Association of the U.S. Army (AUSA) Annual Meeting's exposition hall at the Walter E. Washington Convention Center on October 11, 2023 in Washington, DC. The Association of the U.S. Army’s Annual Meeting is designed to highlight the Army’s message by providing informative and relevant presentations on the State-of-the-Army, panel discussions and seminars on military and national security subjects and networking events. Kevin Dietsch/Getty Images/AFP (Photo by Kevin Dietsch / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
International

Global military spending climbed 7% in 2023 amid conflicts

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