Amid rising tensions with China, Japan has ramped up its defense budget to an unprecedented Â¥9 trillion, signaling Tokyo’s unwavering dedication to bolstering national security and preserving peace across the region, The Japan Times reports
Browsing: defense economics
Germany faces mounting pressure to boost its NATO defense spending to 5% of GDP. This ambitious move aims to strengthen the alliance’s readiness, yet it raises concerns about possible economic challenges amid an uncertain global environment, CNBC reports