Description
Added on the 15/11/2022 20:16:06 - Copyright : Euronews EN
NATO chief Jens Stoltenberg says that the US-led defence alliance's European members are making "real progress" on their defence spending, with 2024 set to be the first year their spending amounts to "two percent of their combined GDP". Stoltenberg's comments come after Donald Trump rattled the alliance by saying he would "encourage" Russia to attack members who were not meeting the two percent obligation. SOUNDBITE
A week before the fintech Ant Group went public, Chinese President Xi Jinping called the proceedings to a halt. Business Insider reports Xi stopped the historic $37 billion initial public offering after its founder, Jack Ma, criticized government leaders. At a conference in Shanghai, Ma made incendiary comments that didn't go down well with the president or other government officials. Ma dismissed global banking rules, saying they got in the way of innovation. As large private businesses accumulate wealth and power in the communist nation, Xi has displayed a low tolerance for them as they threaten his authority.
US Secretary of State Mike Pompeo accuses Germany of not doing enough to meet its NATO defence spending commitments, saying it is "critical" all allies live up to their promises. SOUNDBITE
NATO allies excluding the United States will increase defence spending this year by 4.3 percent, alliance chief Jens Stoltenberg said Wednesday, amid pressure from President Donald Trump to spend more. SOUNDBITE
India signed a deal to buy 36 Rafale fighter jets from France on Friday, the country's first major acquisition of combat planes in decades, as Laura Frykberg reports.
|
Support : Technical 
- Content 
- Editors 
