Economy

“European military powers work on 5-10 year plan to replace US in Nato”

“Europe’s biggest military powers are drawing up plans to take on greater responsibilities for the continent’s defence from the US, including a pitch to the Trump administration for a managed transfer over the next five to 10 years. The discussions… Continue Reading…

Economy

Ukraine: Trump’s Pauses Military Aid

“Ukraine said on Tuesday its forces could hold their own on the battlefield as they fight Russian troops after U.S. President Donald Trump paused military aid to Kyiv in the most dramatic step yet in his pivot towards closer ties… Continue Reading…

Economy

“Global military spending hit all-time high in 2023 after 7% jump, report finds”

“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…

Business

“Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined”

“The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on… Continue Reading…

Economy, Uncategorized

Worker Shortage Hits Military “Army ups bonuses for recruits to $50K…”

“The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who join for six years, The Associated Press has learned, as the service struggles to lure soldiers into certain critical jobs… Continue Reading…