" has nothing to do with making anyone safer," Mr Hartung said. He also accused companies of "pure profiteering" when it came to Ukraine, saying they are buying back their own share market stocks to boost the prices at a time when they claim they need more money. "They continue to arm repressive regimes like Saudi Arabia, Egypt, the Philippines and Algeria that have horrific human rights records and have engaged in destabilising activities," Mr Hartung said. Many believe the US arms industry doesn't have a great reputation. security assistance committed to Ukraine to 1 billion in just the past week, and a total of 2 billion. Meanwhile, some NATO countries are pushing for a greater defence commitment in response to the Ukraine conflict, saying the benchmark of 2 per cent of GDP should be the bare minimum. Our Government Get Involved Show submenu for Get Involved. WASHINGTON The prospect of growing military threats from both China and Russia is driving bipartisan support for a surge in. Ukraine has reclaimed 54 percent of the land Russia has captured since the beginning of the war, according to a New. By Eric Lipton, Michael Crowley and John Ismay. Japan's major military reform plan will see it double defence spending to 2 per cent of GDP by 2027, using a spending target that follows the NATO standard. Ukraine has reclaimed more than half the territory Russia has taken this year. US Treasury Secretary Janet Yellen made an unannounced trip to Ukraine to reinforce the Biden administration’s support and highlight the economic aid that’s helping keep the embattled nation. It includes around 250 billion yen ($3.16 billion) to buy Lockheed Martin fighter jets. Last month, Prime Minister Fumio Kishida said he was boosting Japan's 2023 defence budget by 20 per cent in the face of regional security concerns and threats posed by China and North Korea.
Allies like Japan have also announced historic surges in defence spending.
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