defense funding

  • EU

    EU's Innovative Financial Mechanism: Converting Frozen Russian Assets into €140 Billion Aid Package for Ukraine

    Oct 23, 2025 08:54 pm CST

    The European Union is developing a groundbreaking financial strategy to support Ukraine through a €140 billion "reparations loan" funded by frozen Russian assets. This complex mechanism, while avoiding direct seizure of Russian sovereign assets, aims to provide critical financial support to Ukraine while ensuring Russia ultimately bears responsibility for war damages. The proposal represents a significant evolution in how sanctioned assets can be leveraged to support nations under attack.

  • US Provided $21.7 Billion in Military Aid to Israel During Two Years of Gaza Conflict, Study Reveals

    US Provided $21.7 Billion in Military Aid to Israel During Two Years of Gaza Conflict, Study Reveals

    Oct 07, 2025 05:00 pm CST

    A new academic study from Brown University reveals the United States has provided $21.7 billion in military assistance to Israel since the Gaza conflict began in October 2023, spanning both Biden and Trump administrations. The comprehensive analysis also indicates an additional $10 billion in US spending on broader Middle East security operations, including actions against Houthi rebels and Iranian targets, as peace negotiations continue between Israel and Hamas.

  • Explained: EU

    Explained: EU's Proposed 'Drone Wall' Defense System Against Russian Air Incursions

    Oct 02, 2025 11:59 pm CST

    The European Union is developing a comprehensive "drone wall" defense system in response to Russian air incursions, with varying interpretations among member states. The initiative aims to create an anti-drone ecosystem capable of detection, interception, and neutralization, drawing on Ukraine's expertise. While initially focused on the eastern flank, recent drone incidents in Denmark have highlighted the need for broader protection. Key challenges include funding allocation, technology development, and determining whether the EU or NATO should lead this multi-billion euro security project.