A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
For nearly half a century, the one constant in Japan’s defense approach remained its budgeting. Year-in, year-out, regardless of government, Japan has earmarked no more than 1 percent of its …
Japan Prepares for a New Era in Defense Approach and Investment Read More
Finland’s five-party government has announced an agreement to supplement its defense budgetary outlays with an additional EUR2 billion ($2.19 billion) allocation. The agreement comes amidst a backdrop of Russia’s invasion …
Alarmed by Events in Ukraine, Finland Agrees to Defense Spending Top-Up Read More
With global tensions continuing to heat up, the Chinese government has announced its intention to increase its defense budget by 7.1 percent year-on-year for 2022. The official topline figure will …
China Plans Defense Budget Increase of Over 7 Percent for 2022 Read More
British Finance Minister Rishi Sunak unveiled the Conservative government’s Autumn Budget and Spending Review 2021 (SR21) on October 27. The latest U.K. Spending Review sets departmental budgets out to fiscal …
U.K. Spending Review Indicates Shrinking Real-Term Defense Investment Read More