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France lifts military budget as risk of high intensity war grows

  Bloomberg France will increase its defense budget over six years as President Emmanuel Macron seeks to adjust the nation’s military to new threats posed by the war in Ukraine and technological attacks. In a speech Friday, Macron said he expects the state to spend 400 billion euros ($433 billion) between 2024 and 2030, an increase from the 295 billion ...

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US steps up pressure on Turkey to ratify Nato’s Nordic expansion

  Bloomberg The US signaled growing impatience with Turkey over its resistance to ratifying Nato’s expansion to Sweden and Finland. “The United States urges remaining allies to quickly ratify their accession,” State Department spokesperson Ned Price said in an account of a call between Secretary of State Antony Blinken and Finnish Foreign Minister Pekka Haavisto. He used similar language in ...

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Vietnam succession battle heats up as president ousted

  Bloomberg Over the past few years, Vietnamese Communist Party Chief Nguyen Phu Trong has won praise from investors for removing corrupt officials. Now as some big names fall, it’s becoming clear his campaign serves another purpose: strengthening his hand in choosing a successor. This week Nguyen Xuan Phuc was ousted as president after assuming “political responsibility” for the “violations ...

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