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Keywords: Spending


Spain secures NATO exemption from 5% defence spending target

Spain has reached an agreement with NATO to opt out of a proposed defence spending goal that would require member nations to allocate 5% of their GDP to defence. Prime Minister Pedro Sánchez announced the deal on Sunday, just days ahead of the NATO summit in The Hague. A compromise on defence......

Russia-Ukraine: List of Key Events, Day 1,215

On the 1,215th day of the Russia-Ukraine war, Ukraine reported deadly overnight air assaults on its capital, Kyiv. Ukrainian authorities confirmed that Russian missile and drone strikes claimed the lives of at least five individuals and left dozens more injured. The bombardments caused fires in residential......

NATO faces impasse as Spain rejects defence spending deal

NATO is grappling with a last-minute block from Spain on an ambitious defence spending agreement ahead of a critical summit in The Hague next week. The proposed deal, championed by NATO leadership to meet the demands of former US President Donald Trump, has been upended by Spanish Prime Minister Pedro......

Spain Pushes Back Against NATO’s 5 Percent Defense Spending Target

Spanish Prime Minister Pedro Sánchez has strongly rejected NATO’s proposed plan to require member states to allocate 5% of their GDP to defense spending by 2032. In a letter addressed to NATO Secretary General Mark Rutte, Sánchez argued that such a target is not only “unreasonable”......

Moroccan students inject over €133 million into Spain’s economy through higher education

Moroccan students studying in Spain have become significant contributors to the country’s economy, with their combined spending exceeding €133 million annually, according to recent data. Over 7,263 Moroccan students were enrolled in Spanish universities during the last academic year, drawn......

NATO urged to boost air and missile defences by 400 percent

NATO Secretary General Mark Rutte is expected to call for a major expansion of the alliance’s air and missile defence capabilities during a speech in London. He will advocate for a 400% increase in these systems, highlighting it as a key agenda item for the upcoming NATO summit in The Hague later......

Trump warns Musk of consequences over potential Democratic support

US President Donald Trump has issued a stern warning to billionaire Elon Musk, cautioning him against supporting the Democratic Party. In an interview with NBC News, set to air on Sunday, Trump stated, “If he does that, he will pay the price.” The statement marks a sharp escalation in the......

Trump says Musk has ‘lost his mind’ amid escalating feud

Us president Donald Trump declared that Elon Musk had “lost his mind” but expressed a desire to move past their public fallout. The breakdown between the former allies poses political and economic risks on several fronts. Trump abandoned plans for a call with Musk and considered getting......

US Pushes NATO to Raise Defense Spending as Ukraine Debate Looms

The United States is intensifying pressure on NATO allies to finalize an agreement on significantly increasing defense spending ahead of the summit in The Hague on June 24–25. The US, under strong leadership, is calling for member countries to commit 5% of their GDP to defense. NATO Secretary......

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