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You Searched For "military spending" and got 20 results


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4 mins read

India fourth largest military spender globally in 2023: SIPRI report

The military expenditure went up in all five geographical regions, with major spending increase…

PTI   


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4 mins read

Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble

There are growing doubts about the company's involvement in creating a headset for the military, a…

Ashley Stewart   


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2 mins read

Lithuania says it intercepted military supplies on their way to Russia, and sent them to Ukraine instead

Lithuanian customs intercepted military supplies leaving the Russian exclave of Kaliningrad, bound …

Mia Jankowicz   


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1 min read

Ukraine approves 'historic' war tax hike to help cover defense spending

The bill will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' pro…

Rebecca Rommen   


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2 mins read

A former Navy SEAL says his military-style morning routine helps him stay focused as a business owner

Retired Navy SEAL Jocko Willink has a podcast, consulting firm, and clothing brand. His routine inv…

Gabby Landsverk   


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3 mins read

China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank

That's compared to a US military budget of around $742 billion that year, which was spread out acro…

Matthew Loh   


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3 mins read

Large supplies of military gear Britain sent to Ukraine were 'due to be scrapped or replaced' anyway, report says

The UK donated old military equipment to Ukraine, prioritizing items set to be scrapped such as agi…

Mikhaila Friel   


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2 mins read

NATO chief says alliance has undergone its biggest transformation in a generation but military power has its limits

Jens Stoltenberg said NATO has gone through its biggest transformation in a generation since he too…

Thibault Spirlet   


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7 mins read

How Bear Grylls spends his 5 to 9 — from walking barefoot outdoors to cold plunges

Bear Grylls, the world's most famous survivalist, shares how he spends his downtime with Business …

Rachel Hosie   


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2 mins read

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.

Huileng Tan   


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2 mins read

Global military spending saw its steepest spike in more than a decade, with the US vastly outspending everyone else

Global military spending hit record highs of $2443 billion in 2023, according to the Stockholm Inte…

Thibault Spirlet   


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2 mins read

The US is ramping up spending on anti-tank missiles to replenish stockpiles amid the Ukraine war and commitments to Taiwan

The $1.3 billion contract for more Javelin portable anti-tank missiles is a follow-on award to last…

Chris Panella   


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2 mins read

Germany's plan to halve military aid to Ukraine is a gift to Trump, expert says

Germany's draft budget for 2025 would cut military aid to Ukraine by half. The optics are terrible,…

Mia Jankowicz   


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2 mins read

Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.

Russia's central bank has hiked the country's key interest rate to 18% to cool the overheated econo…

Huileng Tan   


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2 mins read

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

Rebecca Rommen   


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2 mins read

Russia's spending on cemetery expansion more than doubled since the start of its invasion of Ukraine: report

Russia spent over twice as much on cemetery expansion in the first two years of the war as it did i…

Thibault Spirlet   


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10 mins read

The US military isn't ready for the coming drone war

Drone fights worse even than those in Ukraine are the likely future of war, and the US is scramblin…

Jake Epstein   


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3 mins read

India is drawing lessons from Ukraine to counter China's military might

As India modernizes its armed forces of 1.5 million, its experts see lessons to draw from the battl…

Michael Peck   


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9 mins read

Best Credit Cards for Military Members of 2024

Active-duty military members can get waived annual fees on premium cards like the Amex Platinum, an…

Carissa Rawson   


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1 min read

The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues

The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …

Jennifer Sor