The cost of the U.S. war in Iran has climbed above $47 billion, according to Pentagon data obtained by Reuters, as spending on munitions, equipment losses and military operations continues to rise.
Taiwan’s cabinet is set to propose a 16 per cent annual increase in defence spending for 2027, taking the total above T$1 trillion ($31 billion) for the first time, according to the official Central News Agency.
Britain will abandon plans to replace its ageing fleet of destroyers with a next-generation warship and instead procure at least six new “Common Combat Vessels”, the Ministry of Defence has announced.
Italy will significantly increase its defence and security spending next year, but Prime Minister Giorgia Meloni argued that NATO allies should focus less on spending targets and more on adapting to the changing nature of warfare.
The UK is moving to join a €90 billion European Union loan scheme for Ukraine, with Prime Minister Keir Starmer saying the benefits outweigh the costs, as he pushes for closer ties with Europe at a summit in Armenia this week.
NATO Secretary‑General Mark Rutte’s two-day visit to Türkiye ahead of the July NATO summit in the capital city underscores Ankara’s growing strategic importance at a time of heightened geopolitical uncertainty.
Denmark will hold a parliamentary election on 24 March, Prime Minister Mette Frederiksen announced on Thursday (26 February), as she seeks to capitalise on a surge in support for her defiant stance against U.S. pressure over Greenland.
A bipartisan group of 37 U.S. lawmakers have written to senior Taiwanese politicians expressing concern about parliament stalling proposed defence spending, saying that the threat posed by China has never been greater.
Japan's cabinet has approved a record-high $785 billion budget for the next fiscal year - including the largest allocation for defence spending ever.
A sweeping $901 billion defence policy bill has been approved by the U.S. Senate on Wednesday, clearing the way for President Donald Trump to sign it into law.
Heightened military activity, shifting alliances, and ongoing regional disputes shape the backdrop as NATO leaders meet in The Hague for high-level discussions.
The Dutch caretaker government has expressed support for NATO’s proposed 5% GDP defence spending target, citing rising security threats as justification.
Leaders from the Bucharest Nine, the Baltic states, and the five Nordic countries are gathering in Vilnius today to coordinate a unified stance ahead of NATO’s June 24–25 summit in The Hague.
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