EU Mulls Using Own Budget to Finance Purchase of Weapons for Ukraine, Reports Suggest

The European Union is considering the possibility of using its own budget to finance purchases of weapons and ammunition supplied to Ukraine, UK press reported on Tuesday, citing sources familiar with the matter.

NATO Increases Military Budget to $2.1B for 2023

NATO allies on Wednesday agreed to increase the alliance’s civil and military budgets for 2023, reflecting higher ambitions for the new security reality.

2% of the GDP: Trump Sends EU Leaders Warning Letters Ahead of NATO Summit

Washington wants its NATO allies to increase their military spending and thus reduce the burden placed on the US.

China Says Its 'Moderate' Defense Spending Rises Are No Threat

China's "moderate" defense spending rises in the past few years have been to make up for past deficiencies and the country’s military will not threaten anyone, a senior diplomat said on Sunday ahead of the release of the defense budget.

Iraqi Parliament Adopts Year's Budget Amid Protests of Kurds

The Iraqi parliament adopted amendments to the country’s budget for 2018 despite protests of the Kurdish lawmakers, member of the Iraqi parliament’s finance committee Masud Haidar said.

US plans large military support for Israel in FY 2019 budget request

U.S. State Department announced to provide a considerate amount of US$3.3 billion in Foreign Military Financing to Israel in its Fiscal Year (FY) 2019 budget proposal.

US gov't to shut down at midnight

The U.S. government is to shut down at midnight as Senate went into recess and missed a midnight deadline to pass a short-term funding bill.

Trump to ask for 716 bln USD for 2019 defense budget

US President Donald Trump is expected to ask for 716 billion US dollars for defense spending in the 2019 budget to be unveiled next month, local media reported Friday.

US government shuts down after Senate votes to block budget bill

The US government has shut down after US Senators failed to reach a last-minute deal to fund its operations, divided in a bitter dispute over immigration and border security.

‘We’ll no longer let US generosity be taken advantage of’: Haley hails $285mn cut to UN budget

Cutting the “bloated” UN budget by $285 million next year is a “big step in right direction,” according to US envoy Nikki Haley. The news comes after reports from the UN that some critical aid programs were underfunded this year.

Brexit to Create Huge Hole in EU Budget

UK’s withdrawal from the European Union will blow an annual 10-billion-euro hole in the bloc’s finances, EU budget commissioner Guenther Oettinger warned Wednesday.

Germany Rejects Trump's Claim It Owes NATO, US 'Vast Sums' for Defense

German Defense Minister Ursula von der Leyen on Sunday rejected US President Donald Trump's claim that Germany owes NATO and the United States "vast sums" of money for defense.

Italy's Renzi formally steps down, transition cabinet expected

Italian Prime Minister Matteo Renzi formally resigned Wednesday evening but President Sergio Mattarella asked his cabinet stay in office for day-to-day administration before handing over to a transition government.

Italian PM Renzi to quit after budget passed

Italian Prime Minister Matteo Renzi formally resigned Monday after a crushing referendum defeat that has sent shockwaves around Europe -- though his departure will be delayed by a final task, passing a budget.

Italian PM to veto EU budget in case of referendum victory

Italian Prime Minister Matteo Renzi said Thursday his government will ask parliament to veto the next European Union(EU) budget unless the EU changes its stance on refugees, if he's still in office after the constitutional referendum on Dec. 4.

Japan's defense ministry eyes record budget for FY 2017, 5th annual rise under Abe

Japan's Ministry of Defense will submit to parliament on Wednesday a record-high budget request for the fiscal year 2017, marking the fifth annual increase since Prime Minister Shinzo Abe retook office in 2012.

Germany to speed up military intervention for internal alarms

The German defense minister proposed on Monday speeding up plans for military interventions in the case of serious internal threats or terror attacks.

Iraq inks deal for $2.7 billion US military loan

Iraq secured a deal Wednesday for a $2.7 billion US loan to finance the buying of ammunition and maintenance of tanks and fighters used in the fight against the Islamic State group.

Nouvelle supplique du secrétaire général de l'OTAN pour une hausse des dépenses de défense. (Directive sur les 2% "au moins" du PIB)

Le secrétaire général de l'Otan, Jens Stoltenberg, a une nouvelle fois réclamé jeudi plus d'efforts de la part des Etats membres qui n'atteignent pas la norme des deux pour cent du PIB consacrés aux dépenses de défense, tout en soulignant que la tendance à la baisse des budgets militaires avait cessé dans la plupart des pays.

Iraq wants global aid to cope with displacement crisis

Iraq on Wednesday urged the international community to help it meet the needs of millions of people who were displaced due to military operations in their cities and towns which have been captured by Islamic State (IS) militants.