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Stockholm, Sweden: Sales by major arms makers were boosted last year by wars in Ukraine and Gaza and tensions in Asia, with marked increases for manufacturers based in Russia and the Middle East, a report said Monday. Sales of arms and military services by the world’s 100 largest arms companies totalled $632 billion in 2023, […]
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A view shows a destroyed car in front of a residential building, which was damaged by a Russian missile strike, amid Russia’s attack on Ukraine, in Sumy, Ukraine November 18, 2024. REUTERS/Stringer | Photo Credit: REUTERS When Yuriy Shelmuk co-founded a company last year making drone signal jammers, he said there was little interest in […]
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With Brazil preparing to host the Group of 20 summit, it appears unlikely the leading rich and developing nations will sign on to a meaningful declaration regarding geopolitics: The meeting on Monday (November 18, 2024) and Tuesday (November 19, 2024) in Rio de Janeiro is overshadowed by two major wars and Donald Trump’s recent election […]
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U.S. President-elect Donald Trump speaks at the America First Policy Institute (AFPI) gala at Mar-A-Lago in Palm Beach, Florida, U.S., November 14, 2024. | Photo Credit: Reuters U.S. President-elect Donald Trump on Thursday (November 15, 2024) promised a “strong military”, as he repeated his pledge to end the war between Russia and Ukraine. Mr. Trump, […]
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President of Ukraine, Volodymyr Zelenskyy speaks during a press conference at the European Political Community summit at Puskas Arena on November 7, 2024 in Budapest, Hungary. | Photo Credit: Getty Images European leaders meeting in Budapest on Thursday urged Donald Trump from afar to avoid trade wars, maintain support for Ukraine and to refrain from unsettling the global order […]
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On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah militant groups has been expensive, and the painfully high financial costs are raising concerns about the long-term effect of the fighting on the country’s economy. Military spending has ballooned, and growth has stalled, especially in dangerous border […]
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