Military Spending

President Donald Trump threatened to cut off all trade with Spain due to Madrid's refusal to increase military spending and its airspace restrictions on US attacks on Iran.

British defense stocks are rising due to a near-$20 billion military spending boost confirmed by the UK, leading to increased pressure on gilts.

Hegseth argues that under-investment in military spending is the greatest threat to America's national security and asserts that future economic health depends on significant defense spending.

Two UK ministers resigned over disagreements regarding military spending, increasing pressure on the Prime Minister. Armed Forces Minister Al Carns and Defence Secretary John Healey both stepped down following the dispute.

British Defence Minister John Healey resigned from Keir Starmer's government following a dispute over military spending. He accused Starmer of failing to allocate sufficient resources to protect the country from emerging threats.

U.K. defense secretary John Healey resigns, citing insufficient government spending on the military. He left 10 Downing Street after a Cabinet meeting on June 2.

UK Defense Secretary John Healey resigned, citing the government's insufficient plans to increase defense spending. His resignation could create additional pressure for Prime Minister Keir Starmer.

The U.S. defense secretary urged Asian leaders to increase military spending in response to China's military buildup. He expressed a moderate tone on U.S.-China relations and avoided mentioning Taiwan.

U.S. defense secretary Hegseth urged Asian leaders to increase military spending against China, citing 'rightful alarm' over China's military buildup. He adopted a moderate stance on U.S.-China relations and avoided mentioning Taiwan.

European defense stocks are cooling off following a military spending boom. Analysts predict 2026 will be a period of consolidation as increased defense budgets shift focus to company-specific factors.

Australian Deputy Prime Minister Richard Marles states that Australia's military spending as a percentage of GDP exceeds that of major European nations. He made the remarks during the Shangri-La Dialogue with Bloomberg reporter Haslinda Amin.

U.S. Ambassador to Canada, Pete Hoekstra, discussed tariffs, alcohol bans, military spending, and other issues in an interview with Radio-Canada. The article highlights his confusion about Canadian public frustrations.

Israel's economy is experiencing significant growth, with military spending and defense-related industries serving as major economic drivers. The article suggests that ongoing conflicts have contributed to the country's economic expansion through defense contracts and military production.

The article examines the rise of global militarization through five charts, highlighting increased military spending by countries and its potential impact on funding for healthcare and education.

Global military spending reached a record $2.9 trillion in 2025, marking the 11th consecutive year of growth, according to a report by the Stockholm International Peace Research Institute (SIPRI). The increase reflects rising expenditures as a share of global GDP allocated to armed forces.