NATO Launches Defence Bank With Nine Founding Members, Britain and Germany Absent

Nine countries commit to global defence bank, says Canada

LONDON, July 7 (Reuters) - A total of nine countries have committed to supporting a new global defence bank, Mark Carney, the prime minister of host country Canada, said on Tuesday.Carney said in a statement at the NATO Summit in Turkey's capital Ankara, that Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey, and Ukraine had all pledged their support, and would define the initial policies and directives of the multilateral Defence, Security and Resilience Bank (DSRB) and shape its operations.

Nine Countries Support Proposed Global Defence Bank

The Canadian Prime Minister Mark Carney says nine countries have pledged support for a proposed global defence bank aimed at strengthening defence capabilities among allied nations. Speaking at the NATO summit in Ankara, Carney said Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine have joined Canada in backing the proposed Defence, Security and Resilience [] The post Nine Countries Support Proposed Global Defence Bank appeared first on Voice of Nigeria.

Nine countries commit to global defense bank, Canada says

Nine countries have committed to a new global defense bank, Canadian Prime Minister Mark Carney said on Tuesday, in a boost for the multilateral drive to help rearm allied nations.

NATO reaffirms Article 5 commitment, pledges at least $140 billion in military aid for Ukraine

NATO leaders meeting at the Alliance summit in Ankara reaffirmed their commitment to collective defence under Article 5 of the North Atlantic Treaty and agreed to provide at least 140 billion in military assistance to Ukraine this year and next, according to Latvia’s Ministry of Foreign Affairs. Foreign Minister Baiba Braže said Allies also agreed [] The post NATO reaffirms Article 5 commitment, pledges at least 140 billion in military aid for Ukraine appeared first on Baltic News Network.

NATO allies reaffirm ‘ironclad’ collective defense commitment despite Trump threats

It's unclear, however, whether NATO allies will meet again next year.

BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce

BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce

NATO Allies Reaffirm Collective Defense, Urge Freedom of Navigation in Hormuz

Ankara, July 08 (QNA) - The member states of the North Atlantic Treaty Organization (NATO) reaffirmed their steadfast commitment to the principle of collective defense, in accordance with Article Five of the Alliance's Treaty.

Ukraine says it’s buying 100 Patriot missiles using $1 billion in EU loans

A Patriot missile launcher of the German Armed Forces stands at an airport. Michael Fischer/picture alliance via Getty Images Ukraine says it’s getting a 1 billion loan from the EU to buy 100 Patriot missiles. It’s been desperately trying to procure more interceptors to counter Russia’s growing missile strikes. Roughly 800 to 850 Patriot missiles []

EU releases €3 billion loan for Ukraine’s recovery

The European Union has disbursed the first 3 billion (US3.4 billion) tranche of a 90 billion loan to Ukraine, the country’s prime minister announced on Thursday at the opening of a conference on Ukraine’s post-war recovery in Poland. The conference, attended by key European leaders including German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen, is both a fundraising forum and a message to Russia that Ukraine’s Western supporters are in it for a long...

Can Europe afford to defend itself?

NATO leaders are meeting in Ankara, Turkey, at a summit that's expected to see some big defense deals. Last year, member countries agreed to spend 5% of their GDP on defense. But as Elena Casas explains, Europe isn't yet ready to replace U.S. capabilities any time soon. #europe #nato #usa #defense #ankara

Russia denounces NATO summit decisions on aid for Ukraine, defence

NATO members at the summit pledged 70 billion (80 billion) in military assistance to Ukraine ​for 2026. The post Russia denounces NATO summit decisions on aid for Ukraine, defence first appeared on Ariana News | Afghanistan News.

Greece: A founding member of the Defence, Security and Resilience Bank – Strategic upgrade & benefits

The new multilateral bank aims to boost financing for projects in the fields of defense, security, technology, and critical infrastructure The post Greece: A founding member of the Defence, Security and Resilience Bank – Strategic upgrade benefits appeared first on ProtoThema English.

Ukraine receives €3.9b under EU defense support program

Ukraine has received 3.9 billion euros from the European Union (EU) as the first loan under a defense support program, the country's finance ministry said Tuesday, reported Xinhua. The financing is part of the initial tranche of the Ukraine Support Loan worth 5.01 billion euros, the ministry said in a statement. These funds will be directed to what is critically important for our resilience today: strengthening Ukrainian drone production, the defense industry, and meeting the needs of the Defense Forces, said Ukrainian Finance Minister Sergii Marchenko. In 2026, Kiev expects to receive 45 billion euros under the Ukraine Support Loan, including 28.3 billion euros for defense.

NATO reaffirms collective defense, pledges continued support for Ukraine

Ankara, July 8 (SANA) NATO leaders reaffirmed their commitment to the alliance’s principle of collective defense and pledged continued military support for Ukraine in the final declaration of the alliance’s summit, which concluded on Wednesday in Ankara. According to Agence France-Presse (AFP), the declaration stressed that an attack on one NATO member is considered an []

Five NATO nations plan a Patriot missile repair hub inside Europe

The United States, Germany, the Netherlands, Poland, and Sweden signed a joint government-to-government agreement at the NATO Summit Defense Industry Forum in Ankara, Türkiye, on July 7 to explore building a dedicated PAC-3 missile maintenance facility somewhere in Europe, a move Lockheed Martin says would give NATO its first in-region repair and sustainment hub for []

Why NATO needs Turkey in the Black Sea | DW News

As NATO leaders meet in Ankara on July 7-8, one region is back in sharp focus: the Black Sea. Russia's war against Ukraine has turned it into one of Europe's most important security frontiers – and made Turkey an increasingly important NATO ally. On board a Turkish navy ship searching for drifting sea mines, our correspondent Julia Hahn reports on how the war is reshaping Turkey's role inside the alliance. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #nato #turkey #blacksea #dwcurrentaffairs

NATO defence spend burden to shift, Carney says as Trump pressures allies

NATO countries are bolstering their militaries after U.S. President Donald Trump won the argument on defence spending, Prime Minister Mark Carney said Wednesday.

Canada to announce founding members of new global defense bank at NATO summit

(NaturalNews) Canada plans to announce the founding members of a new global defense bank during next week's NATO summit in Turkiye, according to a report from Reute...

UK defence boost: Starmer sets out spending plan ahead of NATO summit

Britain has unveiled a four-year defence investment plan worth nearly $20bn to strengthen deterrence and reach 3.5% of GDP by 2035. Funding will expand nuclear capabilities, procure 12 F-35A jets and long‑range missiles, and back UK‑developed unmanned vessels to guard vulnerable subsea communications cables. Al Jazeera’s Camille Nedelec reports from Plymouth, UK. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #UKDefence #DefenceSpending #KeirStarmer #NATOSummit #Deterrence #UnmannedSurfaceVessel #SubseaCables #Plymouth #AlJazeeraEnglish

Defense industrial base kicks into high gear for US, Europe

The United States and Europe made several defense contracting announcements this week at the NATO Summit in Ankara, Turkey, totaling approximately 3 billion that will improve the military capabilities of countries on both sides of the Atlantic. While many of the deals will take years to fully complete, the push is a part of the []...Click to read more

Rutte: Germany makes strong contributions to NATO security - VIDEO

nato,germany,europe,ukraine,security

Türkiye commits to procure long-range Atmaca cruise missiles, NATO deputy chief says

6 NATO allies also join initiative for large-scale development, procurement of low-cost ground-launched cruise missiles

EU releases 3 billion-euro loan package for Ukraine's recovery as part of 2-year commitment

The European Union has disbursed the first 3 billion-euro tranche of a 90 billion-euro loan to Ukraine

NATO leaders reaffirm commitment to mutual defence vow

NATO leaders have reaffirmed their ironclad commitment to the alliance's article five mutual defence clause and the transatlantic bond.

Carney says NATO spending shift is underway amid Trump pressure on allies

Prime Minister Mark Carney says NATO countries are bolstering their own defence forces as US President Donald Trump threatens to pull out of the alliance.

These 3 EU steel stocks are rallying after JPMorgan upgrades

These 3 EU steel stocks are rallying after JPMorgan upgrades

NATO, Ukraine must force Putin to negotiate, Dutch PM Jetten tells Kyiv Independent

The Netherlands has spearheaded Western support for Ukraine.The 18-million-strong NATO country was among the first to provide Ukraine with F-16 fighter jets — the country's first Western warplanes — alongside Patriot launchers, artillery, and more.Now, the new Dutch government led by Rob Jetten signals that its

Japan’s NATO envoy highlights importance of European stability

Japan's ambassador to NATO also said the organization's unity, based on collective defense, is unwavering, while adding that the alliance is rock-solid.

Quantum Systems raises $1.2bn and doubles its valuation to $8bn as defence money floods in

Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised 1.2bn and more than doubled its valuation to about 8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian company announced the Series D on Thursday. Blackstone, Noteus, Airbus, and Advent co-led it. [] This story continues at The Next Web

NATO summit begins with focus on U.S. commitment, Ukraine defense

NATO summit begins with focus on U.S. commitment, Ukraine defense

EU Reshapes Into Military-Political-Economic Bloc With Military Identity - Kremlin

The European Union is transforming into a military-political-economic bloc, and a military identity is taking shape within it, Kremlin spokesperson Dmitry Peskov said.

Germany and US expand missile production in Europe

During the NATO summit in Ankara, Germany and the United States reached agreements to expand the production of AIM-120C-8 AMRAAM missiles and explore opportunities for manufacturing them in Europe. The countries also agreed to establish a European maintenance and repair center for PAC-3 missiles used by the Patriot air defense system, AzerNEWS reports.

Ukraine Signs Deal to Buy 16 Gripen E Jets From Sweden

Ukraine signed an agreement with Sweden on Friday, June 30, securing the purchase of 16 Gripen E multirole fighter jets. The deal is backed by European Credit funds and British support, opening a second track alongside an earlier military aid package of 16 Gripen C/D jets due in early 2027 and significantly expanding Ukraine’s air combat capabilities.

Nato Allies Commit £37bn To New Long-Range Missile Programme

Twelve Nato allies, including the United Kingdom, have announced plans to invest more than £37bn (50bn) over the next decade in a new long-range missile programme designed to strengthen Europe’s

Ukraine wants the Ankara summit to name it a NATO security contributor—not just an aid recipient

Kyiv now red-teams the Alliance's war games and runs its only joint center with NATO—and says a record number of members back its membership.