Keywords: Spending
Amazon chief executive Andy Jassy said artificial intelligence could help Amazon Web Services reach 600 billion dollars in annual revenue within the next decade, significantly raising his earlier forecast, according to remarks reported by Reuters. Speaking at an internal company meeting, Jassy said......
A Greek parliamentary committee has approved the acquisition of a multi-layer air and drone defense system, along with the upgrade of 38 F-16 fighter jets, at a total estimated cost of around 4 billion euros ($4.6 billion), according to sources familiar with the matter. Greece is negotiating with Israel......
Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin......
NATO Secretary-General Mark Rutte has called on European allies to put less energy into questioning Washington’s reliability and more into meeting their own defense spending pledges, arguing that a stronger European contribution will help lock in the United States’ role in the alliance. Speaking......
Denmark has reversed course on planned cuts to military assistance for Ukraine and will now provide about 14 billion Danish kroner in support in 2026, equivalent to roughly 2.2 billion dollars. The decision replaces an earlier plan unveiled in December 2025 that would have lowered next year’s Ukraine......
France, Germany, Italy, Poland and the United Kingdom have reaffirmed their determination to shoulder greater responsibility for Europe’s security, calling for what they described as a “more European” NATO. Meeting in Krakow, senior defense officials from the five countries —......
The heads of the British and German armed forces have issued an unprecedented joint appeal urging European citizens to back higher defense spending, warning that Moscow’s military stance has decisively shifted westward and that deterring Russian aggression will require difficult public choices. Air......
Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......
Germany has described France’s current efforts to increase defense spending as insufficient, urging Paris to align its rhetoric on European sovereignty with concrete domestic action. Speaking in a radio interview, German Foreign Minister Johann Wadephul stressed that calls for stronger European......
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