military spending News
Latest articles and news about military spending on AXL Media.
Latest Articles
- Sheinbaum Proposes Global Arms Fund for Reforestation During Barcelona Summit
Published: Apr 21, 2026
Section: Politics
President Claudia Sheinbaum utilized her first official visit to Spain to advocate for a radical shift in global spending, proposing that 10% of international armament budgets be r...
- Global Defense Spending Surpasses $2.6 Trillion as NATO Pledges Historic Build-Up
Published: Apr 20, 2026
Section: Europe
The world’s top 15 defense budgets hit an unprecedented $2 trillion in 2025, contributing to a record global military expenditure of $2.63 trillion. Driven by conflict in Europe an...
- Israel faces $11.5 billion economic toll following six weeks of intensive conflict with Iran
Published: Apr 12, 2026
Section: Israel
An initial report from the Finance Ministry estimates the war with Iran has cost the Israeli government approximately NIS 35 billion in direct budgetary expenses. The figures highl...
- EU Approves €17 Billion in Strategic Defense Loans for Czech Republic and France Under SAFE Instrument
Published: Apr 11, 2026
Section: Europe
The European Council has granted final approval for multi-billion-euro financial assistance to the Czech Republic and France to bolster defense production and joint procurement. Th...
- White House Proposes Record $1.5 Trillion Defense Budget While Slashing Domestic Social Services And Environmental Programs
Published: Apr 3, 2026
Section: US & Canada
The Trump administration has unveiled a fiscal 2027 budget blueprint that seeks a historic 40% increase in military spending to fund the ongoing conflict with Iran and a new missil...
- White House Proposes Record $1.5 Trillion Defense Budget to Fund Escalating War with Iran
Published: Apr 3, 2026
Section: US & Canada
The Trump administration has submitted a historic $1.5 trillion spending proposal for the 2027 fiscal year, marking the largest year-on-year increase in Pentagon funding since Worl...
- Sweden Allocates 8.7 Billion Crowns for Strategic Air Defense and Anti-Drone Systems to Shield Critical Infrastructure
Published: Apr 3, 2026
Section: Europe
Swedish Defense Minister Pål Jonson announced a 916 million dollar investment in advanced air defense and anti-drone technology from Saab and BAE Systems. The procurement aims to t...
- South African Army Chief Faces Severe Backlash Over Two Million Rand Lavish Charity Golf Tournament
Published: Mar 31, 2026
Section: Africa
Lieutenant General Lawrence Mbatha is under investigation following a 2 million rand golf event that critics describe as an excessive display of luxury. The controversy highlights...
- Israeli Air Force Denies Missile Defense Rationing After Iranian Ballistic Projectiles Impact Dimona and Arad
Published: Mar 28, 2026
Section: Iran War
The Israeli military has rejected claims that it is rationing high-end interceptors following missile impacts in southern Israel that injured nearly 200 people. While reports sugge...
- Israeli Lawmakers Unanimously Approve 2026 Defense Budget of NIS 143 Billion Amid Regional Conflict
Published: Mar 24, 2026
Section: Middle East
The Joint Committee for the Defense Budget has finalized a NIS 143 billion ($45.8 billion) defense allocation for 2026, alongside billions in additional spending for combat operati...
- Rising Anti-War Sentiment Triggers Bitter Internal Power Struggle Within Democratic Party Ahead of Midterms
Published: Mar 18, 2026
Section: Middle East
Progressive challengers are targeting moderate Democratic incumbents over their response to the U.S.-Israeli bombing of Iran and their financial ties to the defense industry. These...
- Pentagon Reports $11 Billion Expenditure as Operation Epic Fury Targets Over 5,500 Iranian Strategic Sites
Published: Mar 12, 2026
Section: Iran War
The United States has expended an estimated $11.3 billion during the first six days of military operations against Iran, following the commencement of "Operation Epic Fury." High-c...