WASHINGTON -- America's allies in Asia should follow Europe and spend 5% of gross domestic product on defense, a Pentagon spokesperson said Friday. This marks the first time in President Donald ...

WASHINGTON -- America's allies in Asia should follow Europe and spend 5% of gross domestic product on defense, a Pentagon spokesperson said Friday.

SEOUL: South Korea's Defence Ministry on Friday (June 20) hinted at concerns over an announcement by the Donald Trump ...

The comment comes as Trump prepares to meet NATO leaders at The Hague in the Netherlands next week for the annual NATO summit. The summit begins on Tuesday and will conclude Wednesday.

Mineral and Petroleum Resources Minister Gwede Mantashe says the future of South Africa depends on the exploration and extraction of oil and gas, which will have a huge impact on the country’s Gross ...

ST. PETERSBURG, June 20. /TASS/. Russia is Europe’s number one in terms of gross domestic product, Russian President Vladimir Putin said.

South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very ...

The Nordic country will probably reach the 5% spending target sometime in the years following 2030, depending on decisions ...

HANOI (Reuters) -Vietnam's gross domestic product is expected to have grown 7.6% in the second quarter from a year earlier, ...

The Statistics Authority reports that the tourism sector contributed about 8.9 percent to the country’s 2024 GDP.

Leaders in Madrid urged NATO Secretary-General Mark Rutte to exempt them from a proposed defense spending goal set at 5 ...

Following the ongoing recession, the latest European Economic Outlook from KPMG signals a moderate recovery for the German ...