Under pressure from Trump and with Russia menacing, Germany's incoming leader plans to revamp the country's defense posture.

U.S. Defense Secretary Pete Hegseth signed a memo on Thursday that would cancel over $580 million in 'wasteful spending' at ...

Germany's upper house, the Bundesrat, Thursday voted 53-16 to approve a massive defense and infrastructure spending bill. The ...

Defense Secretary Pete Hegseth unveiled another $580 million worth of cuts to programs Thursday that he claimed were either ...

The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...

Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output ...

Good luck getting DoD to adhere to this," one analyst said of lawmakers' attempts to influence defense spending.

Europe has sharply increased defense spending in response to Russian aggression and doubt about U.S. credibility. In 2024, ...

Israel's parliamentary finance committee late on Sunday approved the 2025 state budget, setting up a final vote by lawmakers ...

The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...

Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval to loosen strict debt rules for higher defense ...

Israel's parliament committee approved the 2025 state budget after a lengthy debate, setting up a crucial vote before a March ...