23 NATO members meet 2-percent defense spending goal

by ian

NATO members are stepping up defense spending to meet the alliance’s target this year.

NATO Secretary General Jens Stoltenberg said yesterday that 23 alliance members will allocate 2% or more of their GDP toward defense spending.

The military spending target was put in place after Russia seized Crimea from Ukraine in 2014, but countries were slow to meet that goal until the past couple of years and after Moscow’s latest aggression against Kyiv.

In related news, China’s nuclear arsenal is also expanding quickly according to a separate report published this week. The Stockholm International Peace Research Institute says China has added 90 warheads this past year, a 20-percent increase to its stockpile.