Showing posts with label defense spending. Show all posts
Showing posts with label defense spending. Show all posts

Sunday, September 06, 2026

Ukraine is considering legalizing its porn industry to fund its defense budget

Headline of the day! Necessity is the mother of invention.

"Ukrainian authorities have been unable to curtail a vast and lucrative pornography industry, which officials say operates with the protection of corrupt police. In a push to legalize porn in Ukraine, one lawmaker argues that doing so wouldn’t only help the fight against corruption, but would also raise up to $25 million a year in tax revenue—enough to pay for 30,000 drones for the war with Russia."

The Wall Street Journal What's news

Ukraine Considers Legalizing Porn Industry to Fund Its War Chest (behind paywall) "Lawmakers say taxing the country’s thousands of OnlyFans models could collect $25 million a year"

Friday, December 26, 2025

Friday, October 24, 2025

Japan PM Takaichi vows to boost defense spending to 2% of GDP by March. Really!

That does not sound very hawkish nor very impressive! 

It is usually a minimum of 3% of GDP for NATO countries (the current average is 2.6%)! In a new agreement, NATO countries have committed to spend 5%.

Japan PM Takaichi vows to boost defense spending to 2% of GDP by March - Nikkei Asia "Call to achieve target 2 years ahead of time comes as Trump set to visit"

Wednesday, June 25, 2025

NATO allies agree to boost defense spending to 5% and at least 3.5% at NATO summit

Good news! Bravo! This is huge! 

President Trump and other NATO members pick up peace through strength doctrine!

The ghost of Ronald Reagan was attending this summit too!

This is a very strong message to the megalomaniac and war criminal Putin the Terrible!

"NATO allies agreed to boost defense spending to 5% of GDP, NATO Secretary-General Mark Rutte said after a vote of the 32 member countries on Wednesday at a summit in The Hague.

As part of the agreement, allies committed to investing at least 3.5% of GDP on “core defense requirements,” up from the current target of 2%, Rutte said at a press conference following two days of meetings. The NATO secretary-general credited United States President Donald Trump for the result, saying the spending increase wouldn’t have happened without him. ..."

NATO allies agree to boost defense spending to 5% at The Hague summit




Tuesday, March 04, 2025

Can Europe "Decouple" from US? EU unveils "Bomb Bank" & €800 BN Plan with Palki Sharma

Yes, Europe needs to get serious about its defense spending and reduce dependency on the US. It is long overdue not least since the breakup of the Soviet Union.

EU's von der Leyen proposes €800 billion defense plan

Putin the Terrible will not be amused!

Bravo President Trump! For too many decades Western Europe has been sort of a free rider behind the American defense shield.

"... The announcement comes after Washington suspended all military aid to Ukraine, days after US President Donald Trump clashed with Ukraine's Volodymyr Zelenskyy at the Oval Office.

Von der Leyen had suggested the rearmament plan after emerging from the closed-door meeting on Ukraine at Lancaster House in London over the weekend. ..."

EU's von der Leyen proposes €800 billion defense plan – DW – 03/04/2025 "The European Commission president says increasing defense spending is necessary in "an era of rearmament." A European summit on defense and Ukraine is planned this week amid tense transatlantic relations."

Monday, February 10, 2025

Saudi Arabia increases defense spending to $78B in 2025

The Middle East has been a volatile and dangerous region for decades!

There is also a trend towards more domestic production of arms.

"... The statement further noted that the Kingdom has witnessed a 4.5 percent annual defense growth since 1960, adding that it has become the fifth largest defense spender worldwide and the largest in the Arab world. ...

Vision 2030 has a set goal of localizing 50 percent of all defense spending by 2030, and has been pushing defense firms to open regional headquarters in the Kingdom. ..."

Saudi Arabia increases defense spending to $78B in 2025 - Breaking Defense "“The Kingdom allocated approximately $78 billion to the military sector in the 2025 budget, which constitutes 21% of total government spending and 7.1% of Saudi Arabia’s gross product,” according to a statement from GAMI."

Tuesday, October 01, 2024

Why will Russia Hike its Defence Spending by 25% to 6% of GDP and over 30% of the government budget in 2025? with Palki Sharma

Very recommendable! The video suggests that Putin the Terrible wants to prop up a sagging economy. Inflation is running high! When will the Russian people finally oust the megalomaniac and war criminal Putin the Terrible! How many more young Russian will become casualties in the war of aggression against Ukraine?