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Keywords: Spending


Germany emerges as key NATO ally amid record defense spending commitments

Germany is rapidly reshaping its defense strategy, signaling a decisive break from decades of post-Cold War restraint. The government aims to reach 3.5% of GDP in defense spending by 2029, positioning the country among NATO’s most committed members as the alliance sets historic new military investment......

BlackRock foresees record AI infrastructure boom propelled by hyperscaler investments

Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......

Taiwan announces $40 billion defence budget to counter Chinese threats

Taiwan has unveiled a historic $40 billion US dollar (1.25 trillion New Taiwan dollar) supplementary defence budget covering the next eight years, a move President Lai Ching-te described as a commitment to protecting the island’s democracy. “Investing in defence is investing in security......

Alphabet overtakes Microsoft to become world’s third-largest company driven by cloud and AI growth

Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......

Asian markets struggle despite trade truce between Trump and Xi

Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Stoltenberg’s memoirs reveal how Trump nearly dismantled NATO in 2018

The newly published memoirs of former NATO Secretary General Jens Stoltenberg have exposed just how close the alliance came to collapse during Donald Trump’s presidency. His book, On My Watch, released this week, recounts a tense and unprecedented standoff at the Brussels summit on July 12, 2018,......

Spain sets new tourism record but faces signs of slowdown

Spain welcomed over 11 million international tourists in July 2025, setting a new record for the month, according to the latest figures from the National Institute of Statistics (INE). Despite the milestone, growth in visitor numbers has slowed significantly, with an increase of just 1.6 percent compared......

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