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Former U.S. President Bill Clinton told lawmakers that President Donald Trump told him he had "some great tim...
The European Union is set to unveil a bold new defense strategy at a two-day summit in Brussels, aiming to strengthen its military capabilities and reduce dependence on the U.S. by 2030, as global uncertainties and rising threats prompt urgent action.
The European Union is stepping up its efforts to enhance its defense capabilities with a bold new strategy aimed at reducing reliance on the United States by 2030. A two-day summit in Brussels, beginning Thursday, will be the focal point of discussions on strengthening Europe's military readiness in response to growing global uncertainties.
The European Commission has unveiled a comprehensive plan designed to fortify the EU's defense framework, bolster military preparedness, and provide more support to Ukraine. A key element of the strategy includes a White Paper titled Readiness 2030, which outlines a roadmap for the future, alongside a significant financial package.
European Commission President Ursula von der Leyen addressed the changing security landscape, saying, "The era of the peace dividend is long gone. The security architecture we once relied on can no longer be taken for granted. The age of power competition is well and truly back, with Russia determined to reshape its future and invest heavily in military production." She emphasized that with rising threats, including Russia's aggression in Ukraine and shifting U.S. priorities, Europe must act decisively to safeguard its future.
Earlier this month, von der Leyen introduced an ambitious €800 billion plan to enhance defense spending across the bloc, with €150 billion earmarked for joint investments in critical military assets. Currently, two-thirds of EU defense equipment orders are sourced from the U.S. However, under this new plan, 65% of equipment costs will be redirected to suppliers within the EU, Norway, or Ukraine.
In addition to boosting defense spending, the EU is urging member states to deepen their security cooperation with NATO allies to ensure a united front. Moscow, however, has strongly criticized these rearmament efforts, calling them an incitement to war.
As EU leaders convene in Brussels for this pivotal summit, the EU signals its unwavering commitment to enhancing military capabilities and securing the region in the face of escalating global tensions.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
Former U.S. President Bill Clinton told lawmakers that President Donald Trump told him he had "some great times" with convicted sex offender Jeffrey Epstein before their relationship soured, according to a video released on Monday (2 March).
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide.
The UK said it's allowing the U.S. to use its bases for defensive strikes against Iran amid escalating missile attacks, after a suspected drone strike hit a British airbase in southern Cyprus, causing limited damage.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
European Union stands with its member states in the face of any threat, EU Commission President Ursula von der Leyen said in response to the drone strike that hit Britain's Royal Air Force base of Akrotiri in southern Cyprus overnight.
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