https://api-en.tavria.tv/news/economics/bloomberg-us-and-allies-will-lose-trillions-of-dollars-in-rearmament-effort/
Bloomberg: US and allies will lose trillions of dollars in rearmament effort
Bloomberg: US and allies will lose trillions of dollars in rearmament effort
<p>GENICHESK. TAVRIA. <a href="https://www.bloomberg.com/news/articles/2024-04-09/russia-china-twin-threat-sees-eu-us-face-vast-increase-in-defense-spending?srnd=homepage-europe">Bloomberg</a> reports that a new global era of rearmament has now begun. Western governments have begun pouring money into the military-industrial sectors, and the amounts are huge.</p> <p>Last year, EU countries spent a record 2.2 trillion dollars on the military, even though not all countries have yet joined the arms race. Officials note that 2% of GDP spent on the defense industry may not be enough, and that figure will need to be increased to 4%.</p> <blockquote> <p>"If the US and its Group of Seven allies were to reach such levels, that would equate to more than $10 trillion of additional commitments over the next decade, according to calculations by Bloomberg Economics," is stated in the article.</p> </blockquote> <p>The West sees a threat in the actions of Moscow and Beijing, and the situation in the Middle East also remains a destabilizing factor.</p> <p>Earlier we <a href="https://en.tavria.tv/news/economics/bloomberg-germany-will-carry-out-a-large-scale-reorganization-of-the-armed-forces/">reported</a> that German leadership plans to carry out a major reorganization of the armed forces. The army has already made an order for the purchase of military equipment for 7.6 billion dollars.</p>
<p>GENICHESK. TAVRIA. <a href="https://www.bloomberg.com/news/articles/2024-04-09/russia-china-twin-threat-sees-eu-us-face-vast-increase-in-defense-spending?srnd=homepage-europe">Bloomberg</a> reports that a new global era of rearmament has now begun. Western governments have begun pouring money into the military-industrial sectors, and the amounts are huge.</p> <p>Last year, EU countries spent a record 2.2 trillion dollars on the military, even though not all countries have yet joined the arms race. Officials note that 2% of GDP spent on the defense industry may not be enough, and that figure will need to be increased to 4%.</p> <blockquote> <p>"If the US and its Group of Seven allies were to reach such levels, that would equate to more than $10 trillion of additional commitments over the next decade, according to calculations by Bloomberg Economics," is stated in the article.</p> </blockquote> <p>The West sees a threat in the actions of Moscow and Beijing, and the situation in the Middle East also remains a destabilizing factor.</p> <p>Earlier we <a href="https://en.tavria.tv/news/economics/bloomberg-germany-will-carry-out-a-large-scale-reorganization-of-the-armed-forces/">reported</a> that German leadership plans to carry out a major reorganization of the armed forces. The army has already made an order for the purchase of military equipment for 7.6 billion dollars.</p>
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Bloomberg: US and allies will lose trillions of dollars in rearmament effort

09.04.2024|Саша

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GENICHESK. TAVRIA. Bloomberg reports that a new global era of rearmament has now begun. Western governments have begun pouring money into the military-industrial sectors, and the amounts are huge.

Last year, EU countries spent a record 2.2 trillion dollars on the military, even though not all countries have yet joined the arms race. Officials note that 2% of GDP spent on the defense industry may not be enough, and that figure will need to be increased to 4%.

"If the US and its Group of Seven allies were to reach such levels, that would equate to more than $10 trillion of additional commitments over the next decade, according to calculations by Bloomberg Economics," is stated in the article.

The West sees a threat in the actions of Moscow and Beijing, and the situation in the Middle East also remains a destabilizing factor.

Earlier we reported that German leadership plans to carry out a major reorganization of the armed forces. The army has already made an order for the purchase of military equipment for 7.6 billion dollars.


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