China announced Wednesday a 7.2% increase in its defense budget for the year, reinforcing its efforts to expand and modernize its military as part of…
Posts tagged as “military spending”
Bread prices have jumped so much over the past few years that Russian pensioner Oleg Ivanovich sometimes has to go without it. But the 67-year-old…
The most difficult product to produce in the world is high-power engines. By high-power engines, we mean jet and passenger plane engines and those that…
Global military spending registered its steepest annual increase in over a decade in 2023, a leading think tank on conflict and defense said Monday, as…
Türkiye’s military spending rebounded in 2023 to grow by 37% year-over-year, a leading think tank on conflict and defense said Monday. The country’s expenditure reached…
The U.S. Congress voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes…
Russia’s war against Ukraine, which hit 500 days, caused a huge economic effect on both and other countries due to fluctuating commodity prices. During the…