Daily Memo: Taiwan’s Defense Spending, Azerbaijan’s War Preparations

The self-ruled island is planning a big increase in expenditure next year.

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Taiwanese defense. The Taiwanese government’s proposed defense budget for next year will reach $31 billion, or 3.32 percent of gross domestic product, according to Taiwanese Premier Cho Jung-tai. This would be a 23 percent increase in defense spending over 2025. Some 17 percent of the funds will be earmarked for military investments, including the purchase […]

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