military spending

Gaza Strip to cost Israel 2% of GDP

Israel's full military occupation of the Gaza Strip could cost the country an estimated 35 billion shekels ($10 billion) annually, according to The Wall Street Journal, citing professor of economics at the Hebrew University of Jerusalem Esteban Klor.

Azerbaijan increases defense expenditures to 25% of budget

In two months of 2025, defence and national security expenditures within Azerbaijan's state budget amounted to more than $1 billion, which equals to 120.8% in comparison to the allocated target amount, the Azerbaijani Ministry of Finance …

Azerbaijan increases defense expenditures to 25% of budget

EU increases military spending by 30%

The European Union has increased military spending by 30% since 2014 due to the destabilization of the global security system

EU increases military spending by 30%
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