Green, who are among the officials running the Pentagon, argued DoD should reduce its presence in Europe to focus on China.

President Donald Trump signed orders late Monday banning openly transgender service members from the U.S. military and ...

We find that military spending in relation to GDP is not converging to a common level in 138 countries in our sample, but rather taking three different paths (Clements, Gupta, and Khamidova 2021). In ...

President Donald Trump on Monday announced he had signed four executive orders that will reshape the military, including ...

Lithuania and Estonia have become the first NATO members to pledge an increase in defense spending to five percent of GDP, ...

NYSE) building in the financial district of New York City, United States on August 16, 2021. (Photo by Tayfun ... was only 21% of the fiscal 2024 defense budget. There are richer opportunities ...

But it is essential to have solid financial resources to stably support defense spending.” Based on an initial forecast of Japan’s GDP for fiscal 2021, 2 percent would constitute somewhere ...

China's 2024 military budget expansion follows a 7.2% increase last year, a 7.1% spike in 2022, 6.8% increase in 2021, 6.6% climb in 2020 and 7.5% growth in 2019, according to official data.