Japan's Defense Nightmare: Budget Slashed by 30% Due to Yen DepreciationJapan has secured a defense budget of 43 trillion yen over five years but lost 30% of its value due to a historic yen depreciation.
President Yoon's Budget Cuts Threaten Military UpgradesThe Yoon Suk Yeol government has seen a decrease in the proportion of the defense improvement budget allocated for introducing advanced weapons and research and development costs to enhance defense capabilities. In particular, it is pointed out that the proportion of defense improvement costs fell below 30% for the first time in eight years last […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and CorporationsThe Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
China's Defense Budget Exceeds $250 Billion Amidst Heightened US CompetitionIt was set at approximately $257 billion, a 7.2% increase from last yearThe peaceful reunification with Taiwan is omittedAs was the case last year, the Korean Peninsula is not mentioned On March 5th, Chinese People’s Liberation Army soldiers marched outside the Great Hall of the People in Beijing after the opening ceremony of the second […]
China to Increase Defense Spending Amid US Supply Chain ExclusionImplies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
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Japan's Defense Nightmare: Budget Slashed by 30% Due to Yen Depreciation Japan has secured a defense budget of 43 trillion yen over five years but lost 30% of its value due to a historic yen depreciation.
President Yoon's Budget Cuts Threaten Military Upgrades The Yoon Suk Yeol government has seen a decrease in the proportion of the defense improvement budget allocated for introducing advanced weapons and research and development costs to enhance defense capabilities. In particular, it is pointed out that the proportion of defense improvement costs fell below 30% for the first time in eight years last […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and Corporations The Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
China's Defense Budget Exceeds $250 Billion Amidst Heightened US Competition It was set at approximately $257 billion, a 7.2% increase from last yearThe peaceful reunification with Taiwan is omittedAs was the case last year, the Korean Peninsula is not mentioned On March 5th, Chinese People’s Liberation Army soldiers marched outside the Great Hall of the People in Beijing after the opening ceremony of the second […]
China to Increase Defense Spending Amid US Supply Chain Exclusion Implies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
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