‘Record financial investment’ for ‘shovel-ready’ flood defence projects in England

An additional ₤170 m is being designated to “shovel-ready” flood defence projects throughout England, the federal government states. The financing is on top of a ₤ 5.2 bn plan to construct around 2,000 flood and seaside defences that will safeguard 336,000 residential or commercial properties by 2027. The ₤170 m plan will see work start […]

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How coronavirus might hit EU defence spending

The financial repercussions of the Covid-19 global pandemic are worrying. The IMF approximated a collapse of the global economy by 3 percent in 2020 and the projection for the European Union is likewise uneasy. According to the Spring financial projection, the economy will diminish by 7 percent in2020 . Amongst the casualties of coronavirus – […]

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FM announces hike in FDI in defence production; ban on certain imports of defence weapons

To Increase Make In India In Defence Production, Financing Minister Nirmala Sitharaman On Saturday Said FDI Limitation In Defence Production Will Be Treked To 74 Percent From 49 While Some Weapons And Platforms Will Be Prohibited For Imports. PTI|Upgraded on: 16 May 2020, 05: 16: 56 PM Nirmala sitharaman (Image Credit: News Country) New Delhi: […]

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