Moscow-born suspected terrorist kills six people in Kyiv supermarket shooting before police shoot him dead
Six people have been killed after a man opened fire in a supermarket in the Ukrai...
South Korea on Friday pushed back against U.S. demands to sharply increase its defense budget, saying its current spending is already among the highest relative to GDP for U.S. allies.
“Among key U.S. allies, South Korea is one of the countries that has a high defense spending ratio compared to its GDP,” the Defense Ministry said, according to Yonhap News.
The remarks followed comments from U.S. Defense Secretary Pete Hegseth, who said all U.S. allies should aim to spend 5% of GDP on defense. Pentagon spokesman Sean Parnell said Thursday this figure now represents the “global standard.”
South Korea currently spends 2.32% of GDP on defense, totaling 61.2 trillion won ($44.8 billion) for 2025 — up 3.1% from the previous year. Reaching 5% would mean doubling that figure to 132 trillion won.
Seoul stressed that it has steadily increased its defense spending in response to ongoing threats from North Korea. “We continue to strengthen our defense capabilities amid a stern security environment,” a Foreign Ministry official said.
Roughly 28,500 U.S. troops are stationed in South Korea. While there have been reports of possible troop withdrawals, Washington has denied any such plans.
President Donald Trump, speaking during his campaign last year, said South Korea would be paying “$10 billion a year” for the U.S. military presence. “We have 40,000 troops in harm’s way, very serious, because you have North Korea’s very serious power. They have tremendous nuclear power,” Trump said.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Two Indian-flagged ships were shot at in the Strait of Hormuz on Saturday, India's Foreign Ministry said, as Iran closed the Strait of Hormuz again, less than 24 hours after reopening the 167km long sea passage, which is essential for global trade.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
Eight people have died after a helicopter crash in West Kalimantan province, Indonesia. Authorities said contact was lost five minutes after taking off from a plantation area in Melawi.
European countries should expand the role of natural gas in their energy systems to reduce the risk of supply shocks caused by international crises, an energy industry chief has said.
Six people have been killed after a man opened fire in a supermarket in the Ukrainian capital, Kyiv, on Saturday (18 April). Ukraine's Security Service said it was investigating the incident as a "terrorist act."
Bulgaria heads to the polls on Sunday (19 April) for its eighth election in five years, amid mounting public frustration over corruption scandals and repeated government collapses.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
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