A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Swedish government has put forth a budget bill for fiscal year 2024 (FY24) that will drive defense spending up by 30 percent year-on-year and push the country towards the …
Eying NATO Membership, Swedish Government Proposes Defense Spending Hike Read More
As the United Kingdom confronts labor disputes, a struggling National Health Service, a possible recession, and post-Brexit depression, the nation’s formerly renowned military faces its own reckoning. While British munitions …
The British Military’s Winter of Discontent Read More
Confronted with a severe financial crisis, the government of Sri Lanka has announced plans to slash its armed forces over the course of the year in an effort to get …
Sri Lanka Announces Major Cut to Armed Forces Read More
As 2022 draws to a close, the European defense environment has shifted as dramatically as at any time since the end of the Cold War. Beginning with the launch of …
The European Defense Environment Year in Review, and a Peek Ahead Read More
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