A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The commander of the Libyan National Army, Gen. Khalifa Haftar, has threatened to escalate the LNA’s offensive in western Libya, amid reports that his militia has taken delivery of fighter …
LNA Reportedly Receives Fighter Jets as It Plans Escalation of Libya War Read More
Afghan security forces have repelled a Taliban attack on the northern city of Kunduz. In a statement on Tuesday, the Afghan Defense Ministry announced that an early morning attack on …
Afghan Military Thwarts Taliban Attack on Kunduz Read More
When a weapon system is purchased by or gifted to a state, it will then generally enter into service with that state’s military and be put to use either in …
Caution: Armaments Not Intended for Use Read More
Iran has called the U.S. effort to extend the arms embargo on Iran “illegitimate.” In a statement on Monday, Iran’s Foreign Ministry spokesman, Abbas Mousavi, said, “Iran is not seeking …
Iran Dismisses American Effort to Extend Arms Embargo Read More
Back on April 14, the International Monetary Fund announced the expected when it noted that the global economy is in a tailspin as entire economies are brought to a standstill …
For These Two Countries, the Strategic Calculus in the Indian Ocean Region Remains Unchanged Read More
Thailand becomes the latest defense spending domino to fall in Asia as governments look to shift funding priorities toward novel coronavirus (COVID-19) economic and civil relief packages. With Thailand’s economy …
Thailand Cuts Defense Budget, Suspends Military Acquisition Projects Read More
The U.S. is calling for an extension of the U.N. arms embargo on Iran, which is due to expire later this year. In a statement on his Twitter page over …
U.S. Calls on Security Council to Extend Iran Arms Embargo Read More
The Norwegian government has released its Long-Term Defense Plan, which proposes to steadily increase defense investment to reach the NATO minimum goal of 2 percent of GDP by 2028. The …
Norway Unveils Latest Long-Term Defense Plan Read More
As South Korea seeks to mitigate economic fallout and social disruption in the wake of the novel coronavirus (COVID-19) pandemic, the government is looking for areas with which to shift …
South Korea Plans Defense Budget Reduction in Wake of COVID-19 Pandemic Read More
The outbreak of the worldwide novel coronavirus (COVID-19) pandemic is placing the global economy in a near-total freeze as governments are forced to undertake shelter-in-place and quarantine orders in order …
How Will Germany’s Defense Spending be Affected by the COVID-19 Pandemic? Read More