insert_link World UK Defence Secretary Backs Trump’s Call for Increased NATO Spending by Europe The UK's Defence Secretary has said US President elect Donald Trump is right to push European nations to increase NATO defence spending. John Healey added that Trump's new administration is expected to remain committed to the North Atlantic Treaty Organisation, despite previous criticism of the bloc by Trump. Simon Gaitán reports. today12 November, 2024
insert_link Business / Economics Russia Raises Interest Rates to 21% Amid Ongoing Economic Pressures from Ukraine Conflict Russia's central bank hiked interest rates to 21 percent, taking borrowing costs to their highest level in more than two decades as Moscow's Ukraine offensive triggered rapid price rises at home. The increase takes rates to their highest level since 2003. Despite the high inflation and Western hopes sanctions would cripple the Russian economy, the Kremlin is set to ramp up military spending yet again next year. Analysts say Moscow […] today28 October, 2024
insert_link World Nuclear armed countries spend billions on warheads – report A new report has revealed a big increase in spending on nuclear weapons - with the US leading the push to boost its arsenal. Trent Murray has the details. today17 June, 2024
insert_link World Ukraine war: Russia’s Baltic neighbours to create massive border defences as Trump continues undermining Nato By Natasha Lindstaedt, University of Essex With Donald Trump leading in many of the polls for the upcoming US presidential election, his comments about global security and foreign policy have to be taken seriously. In February, Trump flippantly remarked that he would encourage Russia to do whatever it wanted to Nato states that failed to pay their bills. In a follow-up interview on GB News this week […] today25 March, 2024
insert_link World Vladimir Putin’s gold strategy explains why sanctions against Russia have failed By Robert Huish, Dalhousie University There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 per cent in 2024. Nearly six per cent of Russia’s gross domestic product goes towards military spending. At a time when Ukrainian President Volodymyr Zelenskyy is scrambling to acquire arms, funds and […] today19 March, 2024
