military expenditure

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    Escalating Crisis: Trade and Humanitarian Impacts in Afghanistan and Pakistan

    New Delhi, March 18 – The conflict between Afghanistan and Pakistan is evolving into a regional destabilizer, posing a serious threat to the South Asian region with far-reaching consequences for security, trade, and the economy, further exacerbating the existing humanitarian crisis.The war has...
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    Military Modernization Drives China's Increased Defense Spending

    Beijing, March 5 China announced on Thursday that its defense budget would be increased to $275 billion, about $25 billion more than last year, as it accelerated the modernization of its armed forces to catch up with the US military.Approximately 1.9 trillion yuan ($275 billion) will be...
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