Germany’s massive spending plan for military and infrastructure upgrades is awaiting final approval from the upper house, with Chancellor-in-waiting Friedrich Merz expressing confidence in its passage. The plan, which includes increased defence spending and a 500-billion-euro infrastructure fund, aims to strengthen Europe’s defences against Russia and address concerns about NATO’s future under US President Donald Trump’s leadership. German media have described the initiative as an “XXL-sized” funding “bazooka” that exempts defence spending above one per cent of GDP from debt rules, signaling a significant shift in the country’s approach to military and infrastructure modernization.
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US-India trade war: What triggered Trump's tariff attack on India – key reasons
NEW DELHI: President Trump has imposed a 25% tariff on Indian goods starting August 1, citing India's ongoing purchases of Russian oil as a key factor, which he links to the Ukraine conflict. This tariff escalation follows stalled trade talks and a diplomatic spat regarding PM Modi's dismissal of Trump's claims of mediating between India and Pakistan, suggesting deeper strategic motivations behind the U.S. actions. Want More Context? 🔎
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