Under pressure from Trump and with Russia menacing, Germany's incoming leader plans to revamp the country's defense posture.

U.S. Defense Secretary Pete Hegseth signed a memo on Thursday that would cancel over $580 million in 'wasteful spending' at ...

Germany's upper house, the Bundesrat, Thursday voted 53-16 to approve a massive defense and infrastructure spending bill. The ...

The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...

Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output ...

Good luck getting DoD to adhere to this," one analyst said of lawmakers' attempts to influence defense spending.

That comes on the back of the German parliament voting in favor of a major fiscal package, which includes changes to debt ...

Europe has sharply increased defense spending in response to Russian aggression and doubt about U.S. credibility. In 2024, ...

The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...

Taiwan's President Lai Ching-te said he will increase the island’s military spending from 2.5% to over 3% of its gross ...

The move comes as Europe scrambles to strengthen its security amid concerns over U.S. commitments under President Donald ...

Prime Minister Giorgia Meloni is now against exemptions for defense spending in debt regulation that her government has ...