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EU chief unveils €800bn plan to ‘rearm’ Europe
‘We are ready to step up’ says Ursula von der Leyen after US suspends military aid to Ukraine. Europe live – latest updates A five-part plan to bolster Europe’s defence industry and increase ...The Guardian - 1d -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 1d -
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 - 20h -
Starmer pledges boost in UK defense spending
Ukrainian Prime Minister Keir Starmer pledged billions of dollars for defense spending before he met with President Trump at the White House. CBS News' Willie James Inman has more.CBS News - 5d -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 1d -
How European nations are appealing to Trump, boosting defense spending
European nations that are part of NATO are boosting their defense spending and are appealing to President Trump's demands on contributions. Charlotte Howard, The Economist's executive editor, joins ...CBS News - 5d -
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 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
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 -
Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark ...The Hill - Feb. 26 -
Germany pledges to ramp up defense and infrastructure spending
Yahoo News - 5h -
Europe at a crossroads: can the EU meet its challenges?
FT correspondents discussed how Europe will respond to geopolitical and economic dangersFinancial Times - 6d -
Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 4h -
EU leaders prepare 'concrete' measures on defense financing, sources say
The EU is expected to announce "concrete" measures on boosting defense financing this week, sources said, as Europe and the U.S. clash over support for Ukraine.CNBC - 2d -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - Feb. 26 -
EU think-tank looks to ETFs to boost European defence companies
There has been a surge in interest in weapons makers, but current ETFs offer only global exposureFinancial Times - 13h -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - Feb. 25 -
Greek PM calls on EU’s biggest party to back defence spending initiatives
Also in this newsletter: can Europe’s steel industry be saved?Financial Times - 12h -
Germany seeks ‘long-term’ EU exemption for defence spending
Friedrich Merz leads German pivot in Europe’s ‘rearmament’ raceFinancial Times - 3h -
Von der Leyen: EU to disburse €3.5 billion in aid for Ukraine sooner
Yahoo News - Feb. 24 -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - Feb. 25 -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - Feb. 25 -
McConnell: Failure to reach spending deal a 'disaster' for national defense
Former Senate Republican Leader Mitch McConnell (R-Ky.) is warning that failure to reach a spending deal with critical adjustments for federal spending levels and priorities would be a “recipe for ...The Hill - 1d -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - Feb. 25 -
Fight over Trump's spending powers boosts shutdown odds
Congressional negotiators racing to avert a government shutdown next month appear to have hit a wall on the question of whether to limit President Trump’s powers to spend the money. On one side of ...The Hill - 5d -
Starmer urged to use defence spending boost to revive UK manufacturing
Make UK chief calls for support for small businesses as Europe faces pressure from US to shoulder security costFinancial Times - 1d -
Germany’s Merz strikes ‘game-changing’ deal to boost defence spending
Move to relax debt brake marks historic shift in country’s conservative approach to borrowingFinancial Times - 10h -
Top EU lawmaker: Europe is waiting for 'stability from Germany'
Yahoo News - Feb. 23 -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 1d -
Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.The New York Times - Feb. 18 -
Starmer unveils 4-step Ukraine plan: 'We are at a crossroads in history'
United Kingdom Prime Minister Keir Starmer unveiled a four-step plan for Ukraine. “We are at a crossroads in history,” Starmer said. His remarks come just days after Ukrainian President Volodymyr ...The Hill - 2d -
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 - 13h -
Italy defends plan to process asylum-seekers in Albania at EU’s top court
Yahoo News - Feb. 25 -
EU plans to relax gas storage targets for member states
Brussels hopes a ‘more flexible’ filling trajectory will reduce market disruptionFinancial Times - Feb. 26 -
Europe should hijack Trump’s revolutionary plans for the world
Liberal nationalists must respond with imagination to US policies rather than gripe at being cut out of Ukraine talksFinancial Times - 5d -
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this yearMarketWatch - Feb. 26 -
Grizzlies' Jaren Jackson Jr. boosts NBA Defensive Player of the Year chances with game-saving block
Jackson blocked Paolo Banchero's leaner as time expired to save the Grizzlies' win over the Magic.Yahoo Sports - Feb. 22 -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - Feb. 24 -
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
More from CBS News
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House GOP moves to censure Rep. Al Green for disrupting Trump speech
The Texas Democrat said he was "willing to suffer whatever punishment is available to me."CBS News - 11m -
Piglets left to starve to death in Danish art exhibition are stolen
The controversial Chilean artist had said the exhibition was meant to raise awareness of mass meat production processes.CBS News - 23m -
House GOP pursues stopgap measure to avoid government shutdown
House Republicans are pursuing a stopgap measure to keep the government funded through September, with just 10 days left to head off a shutdown.CBS News - 27m -
U.S., Israel reject Gaza reconstruction plan backed by Arab nations
Egypt unveiled a $53 billion Gaza reconstruction plan with broad backing that would not displace Palestinians. The White House says it ignores reality.CBS News - 43m -
Read Trump's speech transcript for the 2025 joint address to Congress
Read the full text of President Trump's prepared remarks for his 2025 joint address to Congress, as released by the White House.CBS News - 46m
More in Top stories
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Student guilty of raping 10 women could have attacked 50 more, police say
Zhenhao Zou filmed nine of the assaults as "souvenirs" and another eight of his victims are yet to be traced.BBC News - 11m -
House GOP moves to censure Rep. Al Green for disrupting Trump speech
The Texas Democrat said he was "willing to suffer whatever punishment is available to me."CBS News - 11m -
Mayors from 'sanctuary cities' grilled during House hearing
The Mayors of Boston, Chicago, Denver and New York City are testifying in front of the House Oversight Committee during a blockbuster hearing on sanctuary citiesABC News - 17m -
Supreme Court rejects Trump administration's bid to avoid paying USAID contractors
The Supreme Court ensured the Trump administration must pay up to $2 billion to U.S. Agency for International Development contractors even as it works to dismantle the agency at a breakneck pace.NBC News - 18m -
Piglets left to starve to death in Danish art exhibition are stolen
The controversial Chilean artist had said the exhibition was meant to raise awareness of mass meat production processes.CBS News - 23m