Germany splits with former frugal allies in push to boost EU military spending

Shorouk Express Several diplomats signaled that Austria, Sweden, the Netherlands and, to a lesser extent, Denmark have little appetite to reopen the EU’s spending rules. However, other natural members of that group, including Finland and Latvia, which both border Russia, back Germany’s push. Highly indebted Italy and France — traditionally Germany’s big rivals on the…

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‘Reengagement with China’ to boost British economy by up to £1B, Reeves says in Beijing

Shorouk Express A healthy relationship with Beijing is “squarely in our national interest,” Reeves said on Saturday as she announced agreements “worth £600 million to the U.K. economy over the next five years.” Speaking during a visit to U.K. bicycle maker Brompton’s Beijing store, Reeves insisted she would not alter her economic plans. “I have…

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Lawmakers introduce bipartisan SHIPS Act to boost commercial shipping – Breaking Defense

A container ship passes below the Worldwide Gateway Bridge on the Port of Lengthy Seaside in Lengthy Seaside, California, US, on Monday, June 17, 2024. (Tim Rue/Bloomberg through Getty Photos) WASHINGTON — A bipartisan, bicameral group of lawmakers as we speak launched laws geared toward strengthening the American shipbuilding and industrial maritime industries following what…

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