At the recent NATO summit, the spotlight was stolen not just by a historic defense spending hike, but by the flattery exchanged between President Trump and NATO Secretary General Rutte. Their 'bromance' raised eyebrows as Rutte praised Trump for his influence on allies and decisive actions in global conflicts.
As NATO sets a bold 5% defense spending target, doubts loom over its feasibility. With only 70% of member states on track for the previous 2% goal, can nations like Spain and Iceland step up their contributions without backlash?
U.S. President Trump threatens Spain with a tougher trade deal due to its refusal to meet NATO's 5% defense spending target by 2035. At the NATO summit, he emphasized the need for fair contributions and warned of economic repercussions.
In a recent press conference, Trump addressed controversial comments made by NATO chief Mark Rutte, referring to him as 'daddy.' The discussion expanded to US relations with Iran and Ukraine, leaving many questions unanswered.
In a historic move, NATO has agreed to increase defense spending from 2% to 5% of GDP by 2035, signaling a united front against security threats like Russia and terrorism.
In a pivotal summit, NATO leaders have committed to a significant increase in defence spending, aiming for 5% of GDP. This decision responds to Donald Trump's demands and rising fears of Russian aggression following the Ukraine invasion.
Despite pressure from leaders like Trump, nine NATO countries have missed their defense spending targets. As the alliance sets a new goal of 5%, can these nations catch up in time?
Struggling to access certain websites? Discover how GDPR affects your online experience and the legal barriers in place for users in the EEA.
The Federal Reserve has maintained interest rates for the fourth consecutive meeting, projecting weaker growth and rising inflation this year. Despite this, they anticipate two rate cuts later in 2023 as they navigate economic uncertainty.
In a surprising move, the Federal Reserve maintains steady interest rates while hinting at potential cuts later this year. With inflation concerns, economic growth predictions are revised downward, and President Trump calls for action.
