Daily Memo: Britain Expands Defense Budget, US and Ukraine Agree on Preliminary Deal

London also announced cuts to its foreign aid spending.

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Britain’s defense spending. Britain plans to increase its defense spending to 2.5 percent of gross domestic product by 2025, Prime Minister Keir Starmer announced. The rise from the current 2.3 percent will mean an additional 13.4 billion British pounds ($16.5 billion) in spending. Starmer also plans to increase defense spending to 3 percent of GDP […]

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