Defence spending sprees tend not to deliver lasting growth, says IMF



Fund’s research tempers claims by European governments that bigger military budgets should revitalise their economies



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    Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine struck different tones on Wednesday while describing the state of hostilities with Iran, with the former characterizing the conflict…

    U.S. Forces Stand Ready to Resume Combat. The President May Not Be as Enthused.

    President Trump knows that even if a cease-fire runs out with no final agreement on the issues dividing Washington and Tehran, the political risk of renewing hostilities is high. Source…

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