live Pentagon official says U.S. war in Iran has cost $25 billion so far
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 bi...
Norway plans to buy two additional submarines from Germany and a separate procurement of long-range artillery, the defence ministry said on Friday, at a much higher cost than before partly due to high demand for military equipment.
The submarine order comes in addition to four submarines the Nordic country ordered from Germany's Thyssenkrupp in 2021 for a then-value of 45 billion crowns. The new submarines will also be ordered from Thyssenkrupp.
The updated submarine order will cost 46 billion crowns ($4.55 billion), bringing the total cost to close to 100 billion crowns partly due to inflation in the costs of raw materials and of defence equipment.
NATO countries are in the midst of hiking defence spending, under pressure from the U.S. administration of President Donald Trump and unnerved by the continuing war in Ukraine.
Norway is NATO's monitor for the vast 2 million square kilometres (772,000 square miles) area of the North Atlantic used by the Russian northern fleet's nuclear submarines.
A key mission for the submarines will be to monitor Russian ones, whose base is on the Kola Peninsula, an area in the Arctic bordering Norway.
"We see that Russian forces in the North Atlantic and the Barents Sea are increasing their activities," Defence Minister Tore Sandvik said in a statement.
The first of the six submarines is expected to be delivered in 2029, the ministry said.
Separately, Norway plans to buy for its army long-distance missiles, which can reach targets 500 km (310 miles) away, for 19 billion crowns.
The war in Ukraine, and the predominance of missile attacks, has shown Western countries the need to boost that attack ability.
"It is important we have a defence capability that can deter a possible enemy from doing us harm," Sandvik said in a statement.
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war. Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran's ports. Meanwhile Iranian Foreign Minister Abbas Araghchi arrives in St Petersburg for talks.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
The death toll from a train collision near Indonesia’s capital Jakarta rose to 14 women on Tuesday (28 April), with 84 people injured, after rescuers completed efforts to free passengers trapped in the wreckage, the state rail operator said.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
Two Jewish men have been stabbed in London in an incident that British police are treating as a terrorist attack.
Reversing a decade of restrictions, New South Wales has opened new areas for gas exploration in its remote west. The move reflects growing concern over future energy supply across Australia’s east coast.
Travel demand across China is expected to remain robust during the upcoming five-day Labour Day holiday starting 1 May.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 29th of April, covering the latest developments you need to know.
Mali’s military leader, Assimi Goita, has said the situation is “under control” in his first public remarks since a wave of coordinated attacks shook the country last weekend.
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