Keywords: Spending
Canada recorded a budget deficit of C$31.21 billion ($22.53 billion) over the first ten months of the 2025/26 fiscal year, as government spending grew faster than revenue, the finance ministry reported on Friday. This compares to a deficit of C$26.85 billion during the same period last year. Program......
Norway announced on Friday that it will boost its long-term defence plan by 115 billion Norwegian kroner (approximately $11.87 billion) through 2036. The increase is part of a broader trend among NATO countries to strengthen military capabilities amid Moscow’s war in Ukraine and under pressure......
The ongoing energy crisis in the Middle East has disrupted traditional portfolio strategies, prompting financial advisors to reconsider everything from emergency cash reserves to sector-based asset allocations. The fluctuating oil prices, driven by disruptions in the Strait of Hormuz, are having widespread......
Melius Research has lowered its price target on Microsoft to 400 dollars from 430, maintaining a neutral rating and signaling growing skepticism about the company’s ability to convert its heavy artificial intelligence investments into sustained revenue. Analyst Ben Reitzes described Microsoft’s......
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......
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