US EditionStrategic Borrowing for Defense Spending Can Improve Economic Welfare, New Study Suggests
- On June 2, 2025, the UK prime minister presented the Strategic Defence Review during an event held at the Govan shipyard in Scotland, aiming to enhance the nation’s military strength.
- The review responds to increased Russian threats and aims to reverse years of force reductions, despite some debate over the pace and scale of funding increases.
- The plan includes building 12 new nuclear submarines, expanding the Army to 100,000 personnel, deploying drones, incorporating AI, and investing billions in weapons and nuclear programs.
- Defence spending will rise to 2.5% of GDP by 2027 with an additional $17 billion annually, while critics warn of cuts to social welfare and aid amid geopolitical tensions with Russia.
- The review aims to restore the UK's war readiness and industrial strength, signaling a major strategic shift with potential long-term impacts on defence, society, and international relations.
13 Articles
13 Articles
Strategic borrowing for defense spending can improve economic welfare, new study suggests
As global tensions mount, governments face tough fiscal choices. These choices have been highlighted this week by Prime Minister Keir Starmer stating his ambitions for the U.K. to increase defense spending to 3% of GDP by 2034.
Mark Carney's Liberal government is about to announce the largest investment in defence since the Second World War. Industry Minister Melanie Joly urges Canadian companies to stand ready to respond to a call for military production that could cost tens of billions of dollars over the next few years.
The Kyiv Independent
einnews.com'We face war in Europe' — UK announces major defense spending boost amid Russian threat
The United Kingdom on June 2 launched its Strategic Defense Review, a plan to dramatically boost defense spending in light of the increased threat Russia poses to European security, U.K. Prime Minister Keir Starmer said, adding that it is "the largest sustained increase in defense spending since the end of the Cold War.""Every part of society, every citizen of this country, has a role to play because we have to recognize that things have changed…
Evening Brief: Ukraine Launches Massive Drone Strike Into Russia, Dozens Killed in Gaza Aid Incident, UK Preps for Huge Defense Spending Increase
On June 1, 2025, as Ukraine’s drones torched Russian bombers deep in Siberia, Israeli gunfire tore through desperate civilians at a U.S.-backed aid site in Gaza, and Britain doubled down on Cold War-style defense spending—all three flashpoints showing just how fast the world is sliding toward a new era of open confrontation. Welcome to the Evening Brief. #UkraineStrike #GazaAidCrisis #UKDefenseSpending #DroneWarfare #HumanitarianTragedy #RussiaU…
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