A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Emergence of the novel coronavirus COVID-19 has upended the global economic outlook for the upcoming year. Governments around the world have been forced to reassess their budgets and enact new …
Read More
The German government has extended its arms embargo on Saudi Arabia. German media outlet DW reported on Monday that the German government had approved an extension of the arms embargo …
Read More
After several tense days in Iraq, the U.S. on January 2 carried out precision air strikes on a pair of vehicles close to Baghdad International Airport, resulting in the deaths …
Read More
Saudi Arabia is planning to further shrink its defense budget for the upcoming year. This week, Saudi Arabia unveiled its plan for the budget in 2020. Overall, the government is …
Read More
Several months after putting a hold on military aid to Lebanon, the U.S. has lifted its block. On Monday, three sources told the Associated Press that the U.S. has unfrozen …
Read More
Iran’s President will unveil a proposal for a multilateral Gulf Security initiative at the U.N. General Assembly this week. The Iranian presidential website quoted President Hassan Rouhani as saying, “This …
Read More
In an escalation in the ongoing standoff between Iran and Saudi Arabia, the Saudi oil facilities Abqaiq and Khurais were hit by a brazen attack over the weekend, damaging the …
Read More
A Yemeni separatist group says it has taken control of the city of Aden, a key port on the Gulf of Aden, after days of clashes with forces associated with …
Read More
In U.S. President Donald Trump’s telling, 10 minutes from launch, he called off military strikes on three sites in Iran, which were to be conducted in response to Iran’s downing …
Read More
The government of the United Kingdom has halted the approval of arms exports licenses to Saudi Arabia, following a ruling by the Court of Appeal that British sales to the …
Read More