- May 12th, 2025

The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...

Turkey’s military capabilities, Turkish Defense Minister Yasar Guler announced that Germany has given the green light for the sale of 40 Eurofighter Typhoon fighter jets to Turkey. This decision signals a reversal of Germany’s previous opposition, clearing the way for...

Tensions between Georgia and the European Union (EU) have escalated in the wake of Georgia’s contentious parliamentary elections last month, which many international observers claim were plagued by irregularities. A high-profile delegation from EU member states visited Tbilisi on Monday,...

Japanese investors made a significant pivot in their European bond investments this September, buying the largest volume of German sovereign debt in over five years while simultaneously selling French bonds for the fifth consecutive month. This shift underscores Japan’s mounting...

Australia Narrows Down Bidders for $11 Billion Frigate Contract in Indo-Pacific Defense Push Australia has shortlisted two international defense giants for its ambitious AUD $11 billion (USD $7.24 billion) General Purpose Frigate (GPF) contract. The contract, part of Australia’s Project...

The Czech Ministry of Defense has announced the formation of four tank companies, amounting to one battalion, equipped with advanced Leopard 2A8 tanks. This milestone, part of a broader €2.1 billion contract with Germany finalized in June, will see the...

In a recent announcement, European defense company MBDA has decided to stop production of its Taurus long-range cruise missiles, citing a lack of new orders from the German government. Thomas Gottschild, head of MBDA’s German subsidiary, confirmed the suspension, stating...

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