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Keywords: Spending


Morocco's military expenditure increases as regional tensions rise

Morocco's military spending has seen a notable increase of 2.6% in 2024, amounting to $5.5 billion. This growth is largely attributed to an enhanced personnel budget for the Royal Armed Forces (FAR) and aligns with a broader global trend, where military expenditures have surged by 9.4% compared to......

Trump Taps Musk to Lead Cost-Cutting Government Reform

In early 2025, former U.S. President Donald Trump made headlines by appointing tech billionaire Elon Musk to head the newly created Department of Government Efficiency (Doge), a move aimed at drastically cutting federal spending. The decision sparked both support and backlash, highlighting the divisive......

Rising military spending hampers 2025 budget negotiations

The negotiation of Spain's 2025 State Budget has faced numerous obstacles, from lack of commitment within the government coalition to tensions with parliamentary allies. Despite some preliminary discussions, there has been no genuine attempt to reach an agreement, either within the PSOE-Sumar coalition......

U.S. commitment to NATO remains strong, says Rubio

The United States continues to play an active role within NATO and has no intention of withdrawing from the Alliance, affirmed U.S. Secretary of State Marco Rubio during a press conference in Brussels. His comments came during a meeting of NATO foreign ministers. Rubio emphasized that President Donald......

Travelodge anticipates growth despite slow start to 2025

Travelodge, the budget hotel chain operating over 600 locations across the UK, Ireland, and Spain, has reported a modest increase in annual sales as consumers continue to prioritize experiential spending. However, the start of 2025 has been sluggish, even with a boost from major events like the Six Nations......

Spain's financial support to Morocco amid rising military spending

At the beginning of the year, Spain allocated €2.5 million in aid to Morocco to enhance migration control efforts. This financial support, implemented by the International and Ibero-American Foundation for Administration and Public Policies (FIIAPP), is aimed at strengthening the logistical capacity......

Akhannouch tightens budgetary controls to curb unnecessary spending

In response to pressing economic challenges and significant ongoing reforms, Morocco's Prime Minister, Aziz Akhannouch, has issued a stern directive to his team, mandating stricter budget management. The primary goal is to limit operational expenditures while optimizing investments. Budgetary discipline......

Support for the Reintroduction of Mandatory Military Service and Basic Military Training

A recent survey conducted by the DYM Institute for 20minutos reveals that three out of every ten Spaniards are in favor of reinstating mandatory military service in Spain, a policy that was abolished by José María Aznar's government in 2001. Specifically, 31.7% of respondents support......

Sánchez will not define the increase in military spending until the NATO summit in June

As the NATO summit approaches in June, European leaders are engaging in discussions about the future of military spending. Scheduled to take place from June 24 to 26 in The Hague, the summit will see European nations present their plans for increasing defense budgets. Following the summit, a European......

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