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Searched Tag: higher defence spending

Global defence spending up by 2.9 pc amid security concerns

Global defence spending up by 2.9 pc amid security concerns

April 27, 2026, 01:15 PM - 3 min read

“The spending pattern suggests that the world is feeling less secure and is spending on its military to compensate for the global landscape,” researcher Lorenzo Scarazzato said.

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The US president also stated that the “tremendous income” generated by tariffs to the tune of $600 billion would enable the government to “easily hit the $1.5 trillion number”

Trump seeks record $1.5-tn defence budget in ‘dangerous times’

January 8, 2026, 10:27 AM - 3 min read

The massive surge represents an increase of nearly 50 per cent on the current year’s defence budget

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