Latest in China plans to spend 7.2% more on its military this year
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China will increase its defense budget 7.2% this year
China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern military to assert its territorial claims and challenge the U.S. defense ...ABC News - 21h -
Von Der Leyen Unveils Sweeping Plan to Boost E.U. Military Spending.
The European Commission’s president unveiled a sweeping plan to help Ukraine and boost defense spending, but it won’t be easy.The New York Times - 1d -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - Feb. 26 -
10-, 30-year yields rise as traders eye a military-spending boom in Germany
U.S. government debt mostly sold off on Tuesday, pushing 10- and 30-year yields higher for the first time in three sessions, as traders appeared to look past a tit-for-tat trade war and focused on ...MarketWatch - 1d -
Japan Fights Its Largest Wildfire in More Than 30 Years
The fire, in a forested area of the coastal city of Ofunato, killed at least one person and prompted evacuation orders for thousands of residents.The New York Times - 3d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - Feb. 24 -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 5d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
Trump Plans to Use Military Bases to Detain Migrants
Also, archaeologists found a pharaoh’s tomb. Here’s the latest at the end of Friday.The New York Times - Feb. 21 -
Pentagon plans to remove transgender troops from military
The Pentagon issued a memo on Wednesday ordering the removal of transgender troops from the U.S. military. CBS News senior national security correspondent Charlie D'Agata reports.CBS News - 6d -
Hegseth’s Plans to Reshape the Military Start With Cuts
At the same time, Republican lawmakers are aiming to add more than $100 billion to the Pentagon’s proposed budget, which would push military spending close to $1 trillion a year.The New York Times - 1d -
Planes diverted as China conducts rare military drill near Australia
China's naval exercise in the Tasman Sea has put Australia and New Zealand on alert, with Canberra calling it "unusual".BBC News - Feb. 21 -
China’s Military Puts Pacific on Notice as U.S. Priorities Shift
China is flexing its military muscle in the region to show that it will not wait for the Trump administration to decide how hard it wants to counter Beijing.The New York Times - 6d -
Military delegates lose sway at China’s signature political gathering
Xi Jinping’s purges have cast shadow over Beijing’s rubber stamp legislatureFinancial Times - 5d -
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Israel’s Military Lays Out Its Oct. 7 Hamas Attack Failures
The highly anticipated public findings, the first from its internal inquiries into the devastating Hamas-led attack, do not apportion individual responsibility, though officials said that may come ...The New York Times - 6d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - Feb. 26 -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - 6d -
Germany’s Merz in ‘difficult’ talks over plans to boost defence spending
Debate over multibillion-Euro top-up to military fund is playing a central role in exploratory coalition discussionsFinancial Times - 5d -
EU unveils $840 billion "ReArm Europe" plan to boost defense spending
European Union leader Ursula von der Leyen says the bloc is "in an era of rearmament," as Trump casts rising doubt on old alliances.CBS News - 1d -
Trump Plans to Use Military Sites Across the Country to Detain Undocumented Immigrants
The move would be a drastic escalation by the White House to militarize immigration enforcement.The New York Times - Feb. 21 -
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Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
You'll Spend Much More--Or Less--On This Game Depending On The Weather
A Good Snowman is Hard to Build is a delightful Sokoban-like puzzle game that challenges you to build a snowman in increasingly complex environments. Originally released in 2015, for the game's ...GameSpot - 6d -
Google’s Sergey Brin Asks Workers to Spend More Time In the Office
The tech giant’s co-founder said that if employees worked harder and were in the office more, the company could reach an artificial general intelligence breakthrough.The New York Times - 6d -
Trump claims the U.S. is spending more money on Ukraine than Europe
President Trump called out Europe for their spending on Ukraine, claiming the U.S. has spent significantly more. He went on to say that Europe has spent "more money buying Russian oil and gas."NBC News - 1d -
Germany still will be more austere than U.S. even if spending splurge approved
The incredible thing about Germany’s finances is that planned extra spending of about $1 trillion still would put them as having the lowest debt-to-gross domestic product of the Group of Seven ...MarketWatch - 20h -
DeLauro rejects one-year stopgap spending bill backed by Republicans: ‘Nonstarter’
The top Democrat on the House Appropriations Committee is rejecting the idea of a stopgap spending bill to fund the government at current levels through the remainder of the fiscal year. That ...The Hill - 1d -
Germany’s ‘whatever-it-takes’ spending push to end years of stagnation
Europe’s largest economy could return to pre-pandemic growth trendFinancial Times - 4h -
Taiwan condemns China for holding "live-fire exercises" off its coast
Taiwan says China violated norms and caused a "high degree of danger" by announcing "live-fire exercises without prior warning" just off its coast.CBS News - Feb. 26 -
Taiwan condemns China for conducting shooting drills off its coast
Taiwan has condemned China’s military exercises after Beijing designated an area to conduct shooting drills off the self-governed island’s southwest coastABC News - Feb. 26 -
China keeps its economic growth target at 'around 5%' for 2025
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds.NBC News - 1d -
Germans Agree to Borrow More for Military, in Sharp Response to Trump
The agreement between Friedrich Merz, the likely next chancellor, and his potential coalition partners also includes big new infrastructure spending.The New York Times - 1d -
Niger junta to consider proposal for 5-year transition to non-military rule
Niger’s National Conference has submitted a proposal to return the country to non-military rule after a five-year transition period during which the current military government will stay in powerABC News - Feb. 20 -
US lawmakers issue warning about China’s planned new London embassy
Letting Beijing build largest mission in Europe seen as inappropriate reward given its human rights recordFinancial Times - Feb. 26