- Haiti police, civilians kill 28 gang members: authorities
- Taxing the richest: what the G20 decided
- 'Minecraft' to come to life in UK and US under theme park deal
- IMF, Ukraine, reach agreement on $1.1 bn loan disbursement
- Japan on cusp of World Cup as Son scores in Palestine draw
- Chelsea condemn 'hateful' homophobic abuse towards Kerr, Mewis
- Hamilton to race final three grands prix of Mercedes career
- Gatland has not become a 'bad coach' says Springboks' Erasmus
- Slovakia take Britain to doubles decider in BJK Cup semis
- Brazil arrests soldiers over alleged 2022 Lula assassination plot
- Ukraine war and climate stalemate loom over G20 summit
- Ukraine fires first US long-range missiles into Russia
- Retiring Nadal to play singles for Spain against Netherlands in Davis Cup
- Rain ruins Sri Lanka's final ODI against New Zealand
- Stocks sink on fears of Ukraine-Russia escalation
- Hendrikse brothers start for South Africa against Wales
- Macron tells Xi he shares desire for 'durable peace' in Ukraine
- Ruthless Japan beat China to move to brink of World Cup qualification
- French farmers threaten 'chaos' over proposed EU-Mercosur deal
- Brazil arrests G20 guards over alleged 2022 Lula assassination plot
- China's Xi urges 'strategic' ties in talks with Germany's Scholz
- Raducanu gives Britain lead on Slovakia in BJK Cup semis
- Russia says Ukraine fired first US-long range missiles
- COP29 negotiators strive for deal after G20 'marching orders'
- Walmart lifts full-year forecast after strong Q3
- British farmers protest in London over inheritance tax change
- NATO holds large Arctic exercises in Russia's backyard
- Trouble brews in India's Manipur state
- Son of Norwegian princess arrested on suspicion of rape
- Romanian court says 'irregularities' in influencer Andrew Tate's indictment
- Iran faces fresh censure over lack of cooperation at UN nuclear meeting
- Despondency and defiance as 45 Hong Kong campaigners jailed
- Scholar, lawmakers and journalist among Hong Kongers jailed
- European stocks slide on fears of Russia-Ukraine escalation
- Police break up Georgia vote protest as president mounts court challenge
- Spain royals visit flood epicentre after chaotic trip
- France's Gisele Pelicot says 'macho' society must change attitude on rape
- G20 leaders talk climate, wars -- and brace for Trump's return
- US lawmaker accuses Azerbaijan in near 'assault' at COP29
- Tuchel's England have 'tools' to win World Cup, says Carsley
- Federer hails 'historic' Nadal ahead of imminent retirement
- Ukraine vows no surrender, Kremlin issues nuke threat on 1,000th day of war
- Novo Nordisk's obesity drug Wegovy goes on sale in China
- Spain royals to visit flood epicentre after chaotic trip: media
- French farmers step up protests against EU-Mercosur deal
- Rose says Europe Ryder Cup stars play 'for the badge' not money
- Negotiators seek to break COP29 impasse after G20 'marching orders'
- Burst dike leaves Filipino farmers under water
- Markets rally after US bounce as Nvidia comes into focus
- Crisis-hit Thyssenkrupp books another hefty annual loss
CMSC | -0.06% | 24.61 | $ | |
RBGPF | -0.74% | 59.75 | $ | |
AZN | 1.08% | 64.085 | $ | |
SCS | -1.11% | 13.055 | $ | |
BCC | -1.82% | 139.01 | $ | |
RIO | 0.08% | 62.17 | $ | |
GSK | -0.88% | 33.395 | $ | |
NGG | 0.96% | 63.51 | $ | |
BCE | 0.75% | 27.435 | $ | |
CMSD | -0.08% | 24.371 | $ | |
RYCEF | -2.54% | 6.68 | $ | |
BP | -1.33% | 29.035 | $ | |
JRI | -0.09% | 13.218 | $ | |
BTI | 0.45% | 36.845 | $ | |
RELX | 0.46% | 45.25 | $ | |
VOD | -0.06% | 8.915 | $ |
Dutch boost arms spending to face 'ruthless Russian aggression'
The Dutch government announced a multi-billion-euro boost in its defence spending Thursday, investing in tanks, jet fighters, and frigates to bolster the NATO alliance against "ruthless Russian aggression."
The Netherlands will increase its defence budget by 2.4 billion euros ($2.7 billion) to 24 billion euros, the government announced in its annual defence memorandum.
"The army will get tanks again, the air force will receive extra F-35s and the navy can count on extra frigates for anti-submarine warfare," the defence ministry said.
The extra cash will mainly go into boosting combat power, but the ministry said it would also spend an additional 260 million euros on recruiting and training personnel.
"The ruthless Russian aggression in Ukraine shows that an attack on the NATO alliance is no longer unthinkable," said Defence Minister Ruben Brekelmans.
The Netherlands was taking "a major step" towards preventing such an attack by increasing its arms spending, said the minister.
"The best way to prevent war is to keep potential opponents at bay," he added.
The NATO alliance commits members to spending two percent of gross domestic product on defence.
According to the latest estimates from the alliance, the Netherlands was projected to spend 2.05 percent of GDP on defence in 2024.
"With this budget, the cabinet is ensuring that the Netherlands meets the NATO standard," according to the memorandum.
The 32-member NATO alliance will soon have a Dutch leader, as former prime minister Mark Rutte takes over on October 1.
E.Flores--AT