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#militaryspending

3 posts3 participants0 posts today
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Global Threads

🇬🇧 UK
🔴 Starmer Promises Biggest Defence Overhaul Since 1945

🔸 PM vows major military revamp to boost economy & security.
🔸 Defence budget to rise to 2.5% of GDP by 2027, 3% in 10 years.
🔸 Plan funded by cuts to foreign aid, sparking backlash from Labour MPs.
🔸 Gov calls it UK’s most ambitious security rebuild since WWII.

#UK#Starmer#Defence
Public
stefania maurizi

this is the end for my country:

a country with 3 trillion in debt,health care in shambles, schools and universities in shambles,CANNOT afford a 2% GDP #militarySpending.From 2001 to 2010,both right and left govts resisted,now #Meloni goes ahead
[Italian]

ilfattoquotidiano.it/in-edicol

Public
WYM Mod

Andrew Harnik highlights that President Donald Trump will unveil his 2026 budget proposal, detailing federal spending priorities and economic forecasts. The plan emphasizes a military budget over $1 trillion and potential cuts exceeding $160 billion impacting various sectors. While the proposal is pivotal, Congress will ultimately draft the spending legislation. Explore the nuances of this budget and its implications: cnbc.com/2025/05/02/trump-plan
#Trump #USBudget2026 #FiscalYear #Congress #TaxCuts #MilitarySpending #GovernmentCuts

Public
Sreedev Krishnakumar

World military spending hit a record $2.7 trillion in 2024, up 9.4% — the sharpest rise since 1988. Spending rose across all regions for the 2nd year running. Where does India stand, and what does this arms race mean for the global economy? Today's Number Theory explores this in detail.

Read on HT app: hindustantimes.com/editors-pic

#Defense #MilitarySpending #Military #SIPRI #US #China #Ukraine #India #Germany #Russia #DataViz @mastodonindians #MastIndia

Understanding global military expenditure By Sreedev Krishnakumar World military expenditure has reached a record high, rising sharply amid wars, geopolitical tensions, and a renewed global arms race. In 2024, global military spending grew by 9.4% in real terms to reach $2.7 trillion, according to the "Trends in World Military Expenditure 2024" report released by the Stockholm International Peace Research Institute (SIPRI). This is the highest amount ever recorded, and the sharpest year-on-year increase since at least 1988. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on Hindustan Times app.)
Public
WYM Mod

Europe is on a mission—defense spending is soaring! Leaders push billions for local firms, yet experts warn U.S. contractors will still benefit. While the EU aims to prioritize European suppliers, strong U.S. players complicate matters. As budgets expand, the goal of self-sufficiency in defense faces hurdles. Explore the intricate dynamics of Europe's military investments and the ongoing reliance on the U.S. for defense solutions. Read more here: [Source](cnbc.com/2025/03/26/european-d) #Defense #Europe #MilitarySpending #Geopolitics #NATO

CNBCEurope wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms outAs Europe looks to hike defense spending, CNBC spoke to industry experts about how the money could be spent — and where it leaves U.S. firms.
Public
ptitolier

Europe: A Power in Search of Itself

Is the European Union redefining itself, or is it simply getting lost in an arms race beyond its control?

We are at a turning point: Europe is shifting toward a more military, more strategic political project… yet paradoxically, it remains just as dependent as before. €800 billion has been allocated to rearmament without real democratic debate, and a significant portion of this budget will go directly to American industries.

Few media outlets address this head-on: is this massive militarization pushing Europe toward a security-driven identity at the expense of its democratic and social principles?

- The Paradox of Sovereignty
Europe wants to protect itself, but how can we talk about sovereignty when our weapons come from across the Atlantic? As Jürgen Habermas pointed out, the EU was built on technocratic governance, often disconnected from democratic debate. This decision is a clear illustration of that: European citizens had no say in it.

- War as a Political Project?
Carl Schmitt reminds us that states define themselves by designating an enemy. Today, Russia plays that role for the EU, justifying massive militarization. But can a political entity define itself solely through opposition to an external threat?

History shows that great powers emerge through inclusive strategic choices, not just through fear and military escalation. By reinforcing an opaque security model, Europe risks drifting away from its founding ideals.

- Europe in a Permanent State of Exception?
In State of Exception, Giorgio Agamben explains how crises are used to extend emergency policies. One might think that Europe is building an independent defense force, but in reality, it is institutionalizing fear as a development strategy.

Does this militarization truly protect us, or does it lock us into an escalating cycle of tensions?

Far from being a step toward independence, this massive arms buildup rests on three illusions:

The illusion of sovereignty → By funding our dependence on the U.S., we are not gaining autonomy.
The illusion of democratic legitimacy "No public consultation, no meaningful debate."
The illusion of peace through strength → More weapons have never guaranteed long-term stability.

So, does Europe genuinely aspire to be an independent power, or is it content to serve as NATO’s strategic outpost on the continent?

I explore this transformation in my latest article on Medium: [Read the full article here

medium.com/@ptit.tolier/the-eu

ilmanifesto.it/nel-riarmo-dell

#EuropeanUnion#EUPolitics#Geopolitics
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