World Russia Military Spending Russia slashed its military spending by around 20 percent last year, according to new data from the Stockholm International Peace Research Institute (SIPRI). This marks the first drop in Moscow’s expenditure for two decades. Recent months have been marked by increasingly bellicose rhetoric from the Kremlin. Russia has announced the development of a slew of futuristic weapons, aimed at demonstrating the Russian bear is a strong and formidable global power. From “invincible” nuclear-capable missiles to hypersonic missiles, President Vladimir Putin has been broadcasting Russian military might to the world. Russia’s 2017 spending was $66.3 billion—20 per cent lower than in 2016. According to SIPRI senior researcher Siemon Wezeman: “Military modernization remains a priority in Russia, but the military budget has been restricted by economic problems that the country has experienced since 2014.” Russian … [Read more...] about Why Is Russia Cutting Military Spending?
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Sections SEARCH Skip to content Skip to site index Europe Subscribe Log In Subscribe Log In Advertisement Supported by ByJulie Hirschfeld Davis July 11, 2018 BRUSSELS — President Trump assailed Germany on Wednesday and demanded that allies double their military spending targets, unleashing a broadside against NATO member countries just days ahead of his meeting with President Vladimir V. Putin of Russia. But even as Mr. Trump raised questions about his commitment to NATO by lecturing European partners about leaning too heavily on the United States to protect them, he signed on to a summit declaration that emphasized strength and burden-sharing within the alliance and harshly criticized Russia for its annexation of Crimea. The contrast reflected a growing disconnect between Mr. Trump and the more traditionally minded foreign-policy advisers in his government when it comes to the role of the United States on the world stage. … [Read more...] about Trump Assails NATO on Military Spending, but Signs Its Criticism of Russia
It is a sensitive debate in Germany, where guilt over World War II and the Holocaust has created a strong pacifist tradition, but which has been under pressure, and increasingly committed to, playing a greater security role matching its economic strength. Washington has long urged NATO allies to spend more on collective defence, but Trump sharpened the tone when he branded the alliance "obsolete" and accused European members of getting a free ride while the US provides 70 percent of spending. US Vice President Mike Pence stressed this week in Brussels that "the president expects real progress by the end of 2017". Firmly in the crosshairs of Trump's challenge is Germany, the top EU economy, which runs a trade surplus with the United States and just reported a public budget surplus of €24 billion for last year. Merkel has reiterated that Germany remains committed to raising military spending from 1.2 percent of gross domestic product now to two percent by 2024, in line with … [Read more...] about Trump fires up German debate on military spending
Since Donald Trump became President of the US, Washington has put increased pressure on NATO allies to up their military spending. Trump's Vice President Mike Pence warned on a recent visit to Munich that “the promise to share the burden of our defence has gone unfulfilled for too many, for too long and it erodes the very foundation of our alliance." NATO members pledged in 2014 to spend 2 percent of the GDP on defence by the year 2024, but currently only five members of the 28-member alliance meet this target. Germany's defence spending currently lies at around 1.2 percent of GDP. Berlin has been making efforts in recent years to improve its military capabilities. In late February the Defence Ministry announced that it was boosting the number of troops in the Bundeswehr (German army) to 200,000. Speaking in February, Chancellor Angela Merkel said that “responsibilities need to be fulfilled. The world expects it of us, and I think they are right to expect German to … [Read more...] about This is how much German military spending has grown over time
World Donald Trump Justin Trudeau Canada NATO summit New figures show that Canadian military spending will be cut significantly, even as Canadian Prime Minister Justin Trudeau prepares to face U.S. President Donald Trump’s demands for higher NATO military spending at the alliance's summit in Brussels. According to CBC, Canada will spend around 1.23 percent of its GDP on defense in 2018, down from 1.36 percent last year. This is far below the 2 percent target set for NATO members, which has been a particular bugbear for the American president. Canadian National Defence spokesman Daniel Le Bouthillier said the drop in investment was largely down to one-off payments. One was a a retroactive pay increase for service members and the other was a $1.3 billion payment into the fund that pays out servicemember pensions. U.S. President Donald Trump listens as he sits beside Canada's Prime Minister Justin Trudeau during the G-7 summit in the Charlevoix city of La Malbaie, Quebec, … [Read more...] about Trudeau Defies Trump at NATO Summit: Canada Refuses to Increase Defense Spending