Team owner Mukesh Kochhar hails 'outstanding’ ladies as he pays tribute to his tried and tested squad of players
sports6 hours ago
Global defence spending saw its biggest jump in a decade in 2019, driven by the US and China, a study said on Friday, as rivalries and conflicts stoke military investment.
The International Institute for Strategic Studies (IISS) said the four per cent rise, compared to a year earlier, was fuelled by competition between major powers, new military technologies and rumbling warfare from Ukraine to Libya.
Beijing's military modernisation programme - which includes developing new hard-to-detect hypersonic missiles - is alarming Washington and helping drive US defence spending, the IISS said.
Its annual "Military Balance" report said the increase alone in US spending from 2018 to 2019 - $53.4 billion - was almost as big as Britain's entire defence budget.
"Spending rose as economies recovered from the effects of the financial crisis, but increases have also been driven by sharpening threat perceptions," IISS chief John Chipman said, launching the report at the Munich Security Conference.
Both the US and China increased spending by 6.6 per cent, the report said, to $684.6 billion and $181.1 billion respectively.
Europe - driven by ongoing concerns about Russia - stepped up by 4.2 per cent, but this only brought the continent's defence spending back to 2008 levels, before the global financial crisis saw budgets slashed. European Nato members have been seeking to increase spending to placate President Donald Trump.
Trump has railed at European allies for not living up to a 2014 Nato pledge to spend two per cent of GDP on defence.
Team owner Mukesh Kochhar hails 'outstanding’ ladies as he pays tribute to his tried and tested squad of players
sports6 hours ago
Authorities said the decision has been taken keeping the safety of the public in mind
uae7 hours ago
Inflation objective remains distant, US Federal Reserve says
business7 hours ago
Divided into at least three separate areas, the park will be a first-of-its-kind protected area in the emirate
uae7 hours ago
Lidia Stepanivna: She walked without food or water, and fell several times but her 'character' kept her going
europe7 hours ago
Dubai Police said that the emirate is expected to witness weather fluctuations during the coming hours
uae8 hours ago
UN estimates the amount of debris in the Gaza Strip at 37 million tonnes in mid-April, or 300 kilogrammes per square metre
mena8 hours ago
Ports, Customs, and Free Zone Corporation also advised to refrain from sailing unless absolutely necessary
uae8 hours ago