This is the new global arms race
With Trump's return to the White House, the world understood: Everyone needs to look after themselves. In Europe, against the backdrop of the war in Ukraine and the Russian threat, defense spending has jumped at the fastest pace since 1953. In the Far East, Japan is moving away from pacifism and China is flexing its muscles. Israel, meanwhile, ranks third in the world in defense spending as a share of gross domestic product.




