Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Russia’s First Official Projection Shows Budget Deficit Under Optimistic Outlook

    September 19, 2026

    First Signs of Global Gender Equality Stagnation Signal Economic Concerns

    September 19, 2026

    Bank of England sets new gilt unwind plan through 2034

    September 18, 2026
    Dublin ChronicleDublin Chronicle
    • Automotive

      Porsche reduces employee bonuses and defers wage increases

      July 28, 2026

      FIA backs V8 engine return for F1 World Championship

      July 4, 2026

      BMW i3 debuts as electric 3 Series with 800 volt tech

      April 6, 2026

      Mercedes-Benz lists S 500, S 580 and S 580e for 2027

      January 30, 2026

      EU softens 2035 ban on combustion engine vehicles

      December 17, 2025
    • Business

      Russia’s First Official Projection Shows Budget Deficit Under Optimistic Outlook

      September 19, 2026

      Bank of England sets new gilt unwind plan through 2034

      September 18, 2026

      First September Review of Bank of England’s Rate and Bond Strategies Underway

      September 15, 2026

      OeNB Unveils First-ever 2026 Growth Downgrade While Upgrading 2027 Outlook

      September 14, 2026

      Gold nears its lowest level in a week as spot markets drop

      September 12, 2026
    • Entertainment

      Affleck faces scrutiny over AI comments amid industry transition

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      First report reveals EU’s obesity rate reaches 16.3%, over half are overweight

      September 7, 2026

      UN Highlights Urgent Need for Accelerated Global Response as DRC Ebola Crisis Expands

      September 2, 2026

      First-Time Development of Bioactive Titanium Coatings Shows Promising Results in Laboratory Tests

      August 19, 2026

      European Union allocates €2.3 million to bolster Africa’s fight against cholera for the first time

      August 18, 2026

      Blood pressure drug guanabenz may slow childhood VWM decline

      August 17, 2026
    • Lifestyle

      Adidas urges positive sidelines with Sideline Essentials guide

      March 3, 2026

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      First Signs of Global Gender Equality Stagnation Signal Economic Concerns

      September 19, 2026

      First Recorded Death of Endangered Australian Sea Lion from Bird Flu Occurs on Kangaroo Island

      September 14, 2026

      Frontex Reports First Significant Drop in Irregular EU Border Crossings by 2026

      September 12, 2026

      Spain Records Its Most Extreme Summer Temperatures on Record with 61 Heatwave Days

      September 11, 2026

      Frontex reports record-breaking EU return figures exceeding 33,000 in 2026’s first half

      September 8, 2026
    • Sports

      Spain reach World Cup last eight after Portugal win

      July 7, 2026

      Norway reaches World Cup quarterfinals after Brazil win

      July 6, 2026

      Egypt defeat Australia 4-2 on penalties after 1-1 draw

      July 4, 2026

      Spain reaches World Cup last 16 with Austria victory

      July 3, 2026

      England advances after late Kane goals beat Congo DR

      July 2, 2026
    • Technology

      Apple’s inaugural foldable iPhone, the iPhone Duo, makes its debut

      September 16, 2026

      Apple updates iPhone 18 Pro with camera and AI upgrades

      September 10, 2026

      Nvidia signs $12.93 billion Hugging Face purchase deal

      September 4, 2026

      Austria Prepares Its First Military Satellite, BEACONSAT, for Launch in 2027

      August 24, 2026

      Meta penalized $567 million in New Mexico public nuisance case

      August 8, 2026
    • Travel

      First Half of 2026 Sees Record High in EU Tourist Overnight Stays at 1.321 Billion

      September 3, 2026

      Russia Experiences Record 2.5 Million Foreign Visitors in Early 2026

      September 2, 2026

      Shropshire Becomes First Region to Offer Complimentary Weekday Bus Travel for Disabled Pass Holders

      August 22, 2026

      Spain Implements First-Time Border Checks for Travelers from Italy Amid Rising Tensions

      August 10, 2026

      US Issues New Belgium Travel Alert Highlighting Crime and Security Concerns for the First Time

      August 6, 2026
    Dublin ChronicleDublin Chronicle
    Home » NATO allies agree to historic 5 percent defense spending target
    News

    NATO allies agree to historic 5 percent defense spending target

    June 26, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    NATO leaders have agreed to a substantial increase in defense spending, marking a major policy shift aimed at strengthening the alliance’s ability to address rising security threats. The decision came at the conclusion of a brief but closely watched summit in The Hague on Wednesday, where member states pledged to boost annual defense-related expenditures to 5% of their gross domestic product (GDP) by 2035. The new target significantly raises the bar for defense investment among the 32-member alliance and reflects growing concerns over global security challenges.

    The commitment aligns with long-standing calls from U.S. President Donald Trump for greater financial contributions from NATO allies. During his presidency, Trump had frequently criticized member states for what he described as inadequate defense spending, and this latest development is seen as a response to those concerns. In a joint declaration issued at the summit, NATO leaders stated they were “united in the face of profound security threats and challenges,” emphasizing that the alliance remains committed to collective defense under Article 5 of the North Atlantic Treaty.

    The leaders specifically cited Russia as a long-term threat to Euro-Atlantic security, as well as the ongoing threat of terrorism that continues to destabilize parts of Europe and neighboring regions. The declaration comes amid heightened tensions in Eastern Europe, where Russia’s military posture and activities have raised alarms among NATO member states. Recent developments, including increased military exercises and alleged cyberattacks, have reinforced calls for a stronger and more capable NATO presence across the continent.

    NATO pledges record defense spending to counter evolving threats

    The summit also served to ease concerns sparked earlier in the week after President Trump appeared to cast doubt on the alliance’s unity. His remarks, interpreted by some as questioning NATO’s future direction, led to speculation about potential divisions among allies. However, Wednesday’s announcement reaffirmed a unified stance, with all member states endorsing the increased spending plan and reiterating their shared defense commitments.

    The new financial target represents the most significant spending commitment by NATO since the end of the Cold War. While the alliance had previously aimed for members to allocate at least 2% of GDP to defense, many countries had struggled to meet that benchmark. The latest pledge signals a renewed determination to address security challenges collectively and ensure NATO’s long-term operational readiness. – By MENA Newswire News Desk.

    Related Posts

    First Signs of Global Gender Equality Stagnation Signal Economic Concerns

    September 19, 2026

    First Recorded Death of Endangered Australian Sea Lion from Bird Flu Occurs on Kangaroo Island

    September 14, 2026

    Frontex Reports First Significant Drop in Irregular EU Border Crossings by 2026

    September 12, 2026

    Spain Records Its Most Extreme Summer Temperatures on Record with 61 Heatwave Days

    September 11, 2026

    Frontex reports record-breaking EU return figures exceeding 33,000 in 2026’s first half

    September 8, 2026

    Italy Experiences Its Hottest Summer Since 1950 in 2026, Breaking Records for the First Time

    September 8, 2026
    Editor's Pick

    Russia’s First Official Projection Shows Budget Deficit Under Optimistic Outlook

    September 19, 2026

    First Signs of Global Gender Equality Stagnation Signal Economic Concerns

    September 19, 2026

    Bank of England sets new gilt unwind plan through 2034

    September 18, 2026

    Apple’s inaugural foldable iPhone, the iPhone Duo, makes its debut

    September 16, 2026

    First September Review of Bank of England’s Rate and Bond Strategies Underway

    September 15, 2026

    First Recorded Death of Endangered Australian Sea Lion from Bird Flu Occurs on Kangaroo Island

    September 14, 2026

    OeNB Unveils First-ever 2026 Growth Downgrade While Upgrading 2027 Outlook

    September 14, 2026

    Gold nears its lowest level in a week as spot markets drop

    September 12, 2026
    © 2024 Dublin Chronicle | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.