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Putin Offers Peace Talks, Promises Military Budget Cuts

By BPN News Desk June 29, 2025
Russia president Vladmir Putin
International
In a significant policy shift, Russian President Vladimir Putin has expressed readiness to resume peace negotiations with Ukraine while also announcing plans to scale back military expenditure. The twin announcements mark a notable departure from Moscow’s aggressive posture in recent years,
Vladmir Putin russia
International

Russia to Cut Military Spending from Next Year, Says Putin

By BPN News Desk June 28, 2025
Russian President Vladimir Putin has announced a strategic pivot: starting next year, Russia will begin reducing its military spending over a three-year period. This decision marks a significant shift at a time when NATO countries are increasing defense budgets to around 5% of GDP. Putin contrasted Russia’s approach with that of NATO, accusing Western governments
china
International

China Increases Defense Budget by 7.2% to $245 Billion

By BPN News Desk March 6, 2025
China has announced a 7.2% increase in its annual defense budget, bringing total military expenditure to over $245 billion. This significant boost highlights China’s ongoing efforts to modernize its military capabilities across various domains, including land, air, sea, nuclear, space, and cyber warfare. The increased spending positions China as the second-largest military

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