Tag: Defense Spending
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Finance Ministry blasts IDF overspending—and unveils 2026 budget with new bank tax
Overview: A watershed moment in Israel’s 2026 budget planning The Finance Ministry released the guiding principles for Israel’s 2026 state budget, setting the stage for a political and budgetary showdown with the Defense Ministry. Senior treasury officials publicly accused the military of inefficiency and, in some descriptions, criminal-like practices of overspending. The debate highlights a…
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Trump claims funding will pay troops as shutdown drags on
Overview: Trump says funds identified to pay troops amid shutdown The government shutdown continues to loom as lawmakers struggle to reach a funding deal. In a post on Truth Social, President Donald Trump asserted that he has “identified funds” and would direct the Department of Defense to ensure that active-duty service members are paid next…
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Top 7 Weapon Exporters in 2025: SIPRI Insights
Global Arms Trade in 2025: SIPRI’s Snapshot The latest SIPRI (Stockholm International Peace Research Institute) report for 2025 provides a clear picture of how the global arms market is evolving amid rising security tensions and accelerating military spending. From 2015 to 2025, global defense expenditures have jumped by about 37%, reflecting a sustained push by…
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Athens Seeks More F-35s Instead of Upgrading F-16s
Athens’ Defense Strategy Shift In a significant move that highlights the evolving defense strategy of Greece, Athens is currently evaluating the possibility of acquiring additional F-35 fighter jets rather than proceeding with the upgrade of its existing fleet of 38 F-16 Block 50 jets to Block 52 standards. The potential shift in focus towards the…
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US Congress Approves Defense Spending Bill with $400M for Ukraine
Overview of the Defense Spending Bill On [insert date], the U.S. House of Representatives passed a pivotal defense spending bill amounting to $892.6 billion for the fiscal year 2026. This legislation not only signifies a reinforcement of American military readiness but also highlights the country’s commitment to supporting allies, particularly Ukraine, amidst ongoing geopolitical tensions.…