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NATO leaders hark back to Cold War as they meet to hike defence spending
The Political and Business Daily
|June 26, 2025
NATO Secretary-General Mark Rutte was upbeat that the military organisation will agree on massive spending hikes at a “transformational summit” on Wednesday, as member state leaders including US President Donald Trump assembled in the Netherlands.
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Leaders of the 32nation alliance are expected to agree a new defence spending target of 5 per cent of gross domestic product, as the United States — NATO's biggest-spending member — shifts its attention away from Europe to focus on security priorities elsewhere.
“So a transformational summit. Looking forward to it,” Rutte told reporters in The Hague, before chairing the meeting's only working session, which was expected to last less than three hours.
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The Political and Business Daily
India needs to achieve self-reliance in production of rare earth elements, insists President Murmu
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The Political and Business Daily
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The Political and Business Daily
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