2023: The year in charts
View some of our favorite data visualizations from the year to see how data helps translate complex information into compelling stories.
Source: mckinsey.com
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Ifo: Defense budget and special reserves miss two-percent target
Germany could again miss the target announced by Chancellor Olaf Scholz of spending two percent of economic output on defense in 2024, according to calculations by the Ifo Institute. The draft budget...
Source: marketscreener.com
NATO countries slow to increase defense spending
Despite the recent aggressive actions by Russia in Ukraine, many NATO countries are lagging behind in increasing their defense spending. According to a press release by the ifo Institute, the majority of NATO members are falling short of the goal of allocating 2 percent of their economic output to defense expenditures in 2023. This news raises concerns about the collective defense capabilities of the alliance and the commitment of its members to ensuring their own security.
Source: helsinkitimes.fi