Tag: Defense Budget
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Sweden’s Military Support for Ukraine: $7.5 Billion Commitment
Sweden Pledges Significant Military Support to Ukraine In a significant move to bolster Ukraine’s defense capabilities, Sweden has announced that it will allocate 70 billion kronor (approximately $7.5 billion) for military support over the next two years. This commitment was confirmed by Sweden’s Defence Minister, Paul Jonsson, in a statement reported by Reuters. Context of…
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US Congress Approves $892.6 Billion Defense Budget for 2026
US Congress Approves Historic Defense Budget for 2026 In a significant move, the US Congress has approved a defense budget amounting to $892.6 billion for the fiscal year 2026. This budget is not just a record allocation for military spending; it also includes strategic enhancements aimed at bolstering national security and international alliances, particularly with…