military spending
Indonesia no closer to purchase of Chinese fighter jets: defence minister
The country has been exploring a range of fighter jet options
Mid-year insights: Opportunities amid globalisation’s discontents
With the tide turning decidedly global during the first half of 2025, more nuanced investment strategies may be required
Europe can’t rearm its way to security
For the continent, boosting defence spending will crowd out vital investments and sustain Russia’s fossil-fuel revenues
World military spending hits US$2.7 trillion in record 2024 surge
[STOCKHOLM] The world’s military expenditure reached US$2.72 trillion in 2024, an increase of 9.4 per cent from 2023 and the steepest year-on-year rise since at least the end of the Cold War, accordin...
Germany’s incoming government has embraced military Keynesianism
The country’s constitutional ‘debt brake’ has been amended to boost defence spending, limited to military expenditure. An opportunity to invest in the country’s economic future is squandered.
Biden announces US$2.5 billion in fresh military aid to Ukraine
This includes US$1.25 billion in military aid drawn from US stockpiles and a US$1.22 billion Ukraine Security Assistance Initiative package
Intel solidifies US$3.5 billion deal to make chips for military
Intel has officially qualified for as much as US$3.5 billion in federal grants to make semiconductors for the Pentagon, according to people familiar with the matter, after the chipmaker reached a bind...
Western leaders seek to shore up ageing Nato – and Biden too
WESTERN leaders are this week commemorating the 75th anniversary of Nato, the creaking military organisation. Yet, attention is instead fast turning to another ageing figure at the heart of the transa...
Myanmar central bank denies UN report on weapons transactions
MYANMAR’S central bank denied a United Nations report that the country’s military government can still access money and weapons for its war against anti-coup forces, saying financial institutions unde...
Global military spending climbed 7% in 2023 amid conflicts
Global military expenditure grew 7 per cent to US$2.43 trillion in 2023, the steepest annual rise since 2009 as international peace and security deteriorated, a leading think-tank said on Monday (Apr ...