DefenseBudget

France Shifts Fiscal Focus: Targeting Wealth Over Corporations to Boost Defense Spending

1 month ago

In a significant move reflecting its changing economic strategy, France is contemplating an increase in taxes on wealthy individuals rather than corporations as a method to fund its defense expenditures. As global tensions rise and security needs evolve, the French government is prioritizing its financial resources to enhance its military capabilities.

Palantir's Valuation Under Scrutiny Amid Looming Pentagon Budget Cuts

1 month ago

Palantir Technologies, which has garnered attention for its sophisticated data analytics capabilities, is finding itself at a crossroads as anticipated cuts to the Pentagon's budget could have significant implications for its financial outlook. Investors are keenly observing the company's stock metrics as they weigh the impact of government spending reductions on its future revenue streams.

US Deficit Swells in November Amid Increased Health and Defense Expenditures

4 months ago

The U.S. federal deficit has experienced a significant increase in November, primarily driven by escalating spending on health and defense. According to the latest reports from the Treasury Department, the deficit for the month reached approximately $240 billion. This figure marks a notable rise compared to the $203 billion recorded in November of the previous year.