China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern military to assert its territorial claims and challenge the U.S. defense lead

China will boost its defence spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion and mounting geopolitical challenges from Taiwan to Ukraine.

China's defence spending will rise by 7.2 percent in 2025, the same as last year, Beijing said on Wednesday, as its armed forces undergo rapid modernisation and eye deepening strategic

Germany's government-in-waiting unveiled a plan to boost defense spending by hundreds of billions of dollars by the end of the decade by relaxing strict so-called "debt brake" rules enshrined in its constitution.

On Wednesday, 10-year German bonds saw the worst day since March 1990 — just months after the fall of the Berlin Wall.

Germany has preached fiscal conservatism for years, but suddenly it’s taking the lead on pushing for European Union reforms aimed at freeing up more money for defense spending over the long term. A German envoy to the bloc has urged the bloc to change its budget rules in the face of geopolitical circumstances,

Norway should boost financial aid to Ukraine significantly and also raise its own defence spending at a time of heightened global uncertainty, Prime Minister Jonas Gahr Stoere of the ruling Labour Party told parliament on Thursday.

Norway should significantly increase its financial aid to Ukraine, Prime Minister Jonas Gahr Stoere told parliament on Thursday. Parliament last year agreed to spend 35 billion Norwegian crowns ($3.22 billion) on military and civilian support for Ukraine in 2025,

Norway plans to increase its support for Ukraine's defense by increasing aid spending, according to Norwegian Prime Minister Jonas Gahr Støre. During a speech to the country's parliament, the Prime Minister expressed disappointment with the scenes in the Oval Office and any potential split between European allies and the United States.