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China’s military spending balloons amid mounting debt

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As China talks tough on the world stage when it comes to Taiwan, all that military spending comes at a cost. And it’s now impacting Beijing’s bottom line

 
Despite the government’s modest economic growth forecast, China will increase defence spending by 7.2% this year as Premier Li Keqiang called for an increase in combat readiness.

The national budget released earlier this year showed 1.55 trillion yuan ($224 billion) allocated to military spending.

As tensions over Taiwan have risen in recent years, China’s neighbours and the United States will closely monitor the defence budget.

Defence spending has risen by a single digit for the eighth consecutive year. There was no breakdown of spending like in previous years, only the overall amount and the rate of growth.

As the world’s second-largest economy faces domestic headwinds, the spending increase exceeds targeted economic growth of around 5 per cent.

In addition to Chinese-claimed Taiwan, U.S. naval and air missions near Chinese-occupied islands in the disputed South China Sea cause Beijing concern.

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Israel launches its new “Iron Beam” laser system

Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.

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Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.


Israel’s Defence Ministry says its new “Iron Beam” laser system will be deployed by year’s end. The technology is designed to destroy incoming missiles, rockets, drones and mortars with precision.

Developed by Rafael Advanced Defense Systems in partnership with Elbit Systems, Iron Beam will sit alongside existing defences such as Iron Dome, David’s Sling and Arrow. Unlike traditional interceptors which can cost tens of thousands of dollars per shot, the laser comes at negligible expense.

Officials call it the world’s first high-power laser interception system to achieve operational maturity, hailing it as a game-changer for modern warfare. Military leaders expect the system to reshape air defence capabilities and cut costs dramatically.

#Israel #Defence #LaserWeapons #TickerNews


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Stephen Colbert’s opening monologue on Jimmy Kimmel

Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.

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Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.


Stephen Colbert’s opening monologue is being hailed as one of the most powerful moments in modern late-night history. Standing on stage at the Ed Sullivan Theatre, Colbert dedicated his show to Jimmy Kimmel and his team after ABC suspended Kimmel’s programme under pressure from Washington.

Colbert called the move “blatant censorship” and directly accused President Trump of acting like an autocrat. “With an autocrat, you cannot give an inch,” he warned, making clear that the stakes reach far beyond late-night comedy.

#StephenColbert #JimmyKimmel #FreeSpeech #TickerNews


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Charlie Kirk was scheduled to speak at Colorado State University

Despite cancellation, 10,000 gathered at CSU to support Charlie Kirk, creating a rally-like atmosphere.

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Despite cancellation, 10,000 gathered at CSU to support Charlie Kirk, creating a rally-like atmosphere.


Charlie Kirk was scheduled to speak at Colorado State University in Fort Collins, but the event was meant to be cancelled. Despite that, thousands of people still turned up to celebrate his legacy.

As many as 10,000 people turned out, showing the extent of support for the conservative activist. The crowd gathered outside CSU, creating an atmosphere more like a political rally than a cancelled speech.

#CharlieKirk #FortCollins #CampusPolitics #TickerNews


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