Thursday

19th Jan 2017

Ticker

China increases military spending

China has decided to increase its military spending for 2014 by about twelve percent to €95 billion, becoming the second-largest army budget in the world after the US, which spends €343 billion/year. The Chinese want to invest more in air and coastal defence, as well as modernising their weaponry.

News in Brief

  1. Outgoing US vice-president warns Europe on Russia
  2. German far-right party calls for end to WWII guilt
  3. First Chinese freight train arrives in Europe
  4. Europe has no vision, says Italian minister
  5. Juncker has 'slight doubts' on his group's convention idea
  6. EU parliament spat changes nothing, says Juncker
  7. German elections likely on 24 September
  8. Maltese PM announces plan for Brexit summit

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