A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Earlier this month, news broke that a trio of South Korean companies had teamed to make an ambitious offer to the Canadian armed forces. The deal: CAN20 to 24 billion …
South Korea Pitches $18 Billion Submarine & Arms Deal to Canada Amid US Tensions Read More
Canada’s federal election delivered a win for Prime Minister Mark Carney and the Liberal Party, which secured 169 seats, just shy of the 172 needed to form a majority government. …
Carney Wins as U.S. Trade War Reshapes Canadian Politics Read More
Europe has been dealing with a case of whiplash since the start of the second Trump administration, as President Donald Trump aims to rewrite the nature of U.S.-Europe relations. Since …
Tariff Tussle Adds Headache to European Defense Spending Plans Read More
President Donald Trump imposed retaliatory tariffs on imports from U.S. trading partners, arguing that existing foreign tariffs negatively impact U.S. manufacturers and employment. The intricate nature of global trade, characterized …
Trump, Tariffs and Defense Read More
The global defense landscape is evolving, and NATO is at a pivotal moment. With discussions intensifying around raising the defense spending benchmark from 2% to 5% of GDP, this potential …
Beyond 2%: NATO’s Defense Budget Shift – Webcast Read More
As European capitals grapple with Washington’s changing foreign policy priorities under the Trump administration, the continent is increasingly coming to terms with the state of its military readiness, especially in …
ReArm Europe: A Look at the European Commission White Paper Read More
“Now is the time to speak honestly so that every European understands what is at stake. A new international order will be formed in the second half of this decade …
Beyond Headlines: Europe’s Defense Dream vs. Reality Read More
The likely next chancellor of Germany, Friedrich Merz, announced on Friday, March 14, that he had secured enough votes to enable a massive new expenditure plan aimed at infrastructure and …
Germany’s Landmark Spending Deal Gets Approved – Now Comes the Lift Read More
U.K. Prime Minister Keir Starmer made a surprise announcement to the House of Commons on February 25, outlining plans to increase the British defense budget to 2.5 percent per year …
Keir Starmer’s U.K. Defense Spending Pledge Comes with Asterisks Read More
When Germans went to the polls on Sunday, February 23, three main issues appeared to be weighing on the public: high energy costs, a lagging economy, and immigration. Further on …
Will the German Election Herald a New Chapter for its Defense? Read More