"Russia's Military Spending Surges by 70% Amid Ukraine-Russia War"

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Source: USA TODAY
"Russia's Military Spending Surges by 70% Amid Ukraine-Russia War"
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TL;DR Summary

Russia blames a "massive cyberattack from abroad" for causing delays in hundreds of flights at Moscow-area airports. The Russian Defense Ministry has released documents stating that military spending could increase by over 68% in 2024, reaching $111.15 billion, which is about 6% of Russia's GDP. Despite economic challenges, the Kremlin remains committed to the war effort and military spending. Meanwhile, NATO is finalizing ammunition contracts worth over $2.5 billion to replenish member nations' stockpiles and provide Ukraine with the firepower needed to counter Russian forces. Ukraine's President Zelenskyy expressed gratitude for the UK's support and stated that Ukraine is closer to NATO than ever before.

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