Fire at airport cargo complex disrupts Bangladesh’s garment exports
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, wit...
Germany is preparing multi-billion-euro defence purchases including jets and thousands of armoured vehicles, aiming to create Europe’s most powerful army amid concerns over U.S. reliability.
Germany is set to place some of its largest military orders since the Cold War, with plans to procure 20 Eurofighter jets, up to 3,000 Boxer armoured vehicles, and around 3,500 Patria infantry fighting vehicles, according to sources.
The move is part of Chancellor Friedrich Merz’s broader push to strengthen German military capabilities and reduce dependence on the United States for European security.
The planned purchases form a key pillar of Merz's defence overhaul, following his success in gaining parliamentary approval to exempt military spending from the country's strict constitutional debt ceiling.
Germany's regular defence budget is projected to rise to €83 billion ($95.8 billion) by 2026, a €20 billion increase from the previous year.
The Eurofighter order alone is estimated at between €4 billion and €5 billion. The Boxer armoured vehicles, jointly produced by KNDS and Rheinmetall, are expected to cost around €10 billion, while the Patria fighting vehicles could total approximately €7 billion euro.
Delivery of the Boxer and Patria platforms is expected to unfold over the next decade.
Germany also plans to expand its air defence capabilities with more IRIS-T systems and several hundred SkyRanger drone defence units, though pricing for those systems has not yet been finalised.
The German Defence Ministry has yet to comment on the procurement plans, parts of which were also reported by Bloomberg, although with slightly different figures.
Chancellor Merz has committed to meeting NATO’s new target of 3.5% of GDP on defence by 2029 — a level that few other alliance members have pledged to match. He has made clear that this is necessary for Germany to shoulder greater security responsibilities in Europe.
Germany’s military build-up comes amid persistent criticism of the Bundeswehr’s readiness. Hours after Russia launched its full-scale invasion of Ukraine in 2022, the then-head of the German army admitted the country’s forces were severely under-equipped, saying the Bundeswehr was "standing there more or less empty-handed."
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, with losses and impacts on trade potentially amounting to millions of dollars, according to industry leaders on Sunday.
The Orenburg gas processing plant, the world's largest facility of its kind, has been forced to halt its intake of gas from Kazakhstan following a Ukrainian drone strike, according to Kazakhstan's energy ministry.
The Louvre Museum in Paris was closed on Sunday after thieves broke in and stole “priceless” jewellery from the Napoleon collection, the French government said.
Former French president Nicolas Sarkozy said he is not afraid of going to prison, days before beginning a five-year sentence over his 2007 campaign financing case linked to Libya.
Millions of Americans took to the streets for “No Kings” rallies across all 50 states, denouncing what they called the corruption and authoritarianism of President Donald Trump.
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