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US led global defense spending in 2020: Report

- US, Chinese defense budgets accounted for almost two-thirds of increase in 2020, according to military spending report

home > Energy Security, Energy Projects, Americas 26.02.2021 10:45

US led global defense spending in 2020: Report

The US remained as top spender in 2020 global defense despite the coronavirus pandemic, according to a report released Thursday.

The London-based International Institute for Strategic Studies (IISS) showed total military spending amounted to $1.83 trillion last year, a 3.9% increase from 2019.

"This came despite the coronavirus pandemic and the subsequent contraction in global economic output," the IISS said.

China, India, the UK and Russia were among the top spenders, after the US.

"The increase in the US and Chinese defence budgets accounted for almost two-thirds of the total increase in global spending in 2020: the US defence budget increased by 6.3% in 2020 in real terms, while China’s growth slowed slightly to 5.2% in 2020 from 5.9% in 2019," the report said.

Also, NATO member's spending increased by almost 20% since 2014, just after Russia intervened in Ukraine.

Noting that NATO countries remain committed to increasing their defense budgets, the IISS said: "If these spending plans continue on their current trajectory, in 2021 Europe could be the region with the fastest growth in global defense spending."

By Beyza Binnur Donmez

Anadolu Agency

energy@aa.com.tr



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Turkey, Qatar ink 10 new deals

- Turkish president, Qatari emir attend closed-door meeting in Ankara
27.11.2020 Energy Diplomacy , Energy Security , Energy Projects , Turkey , Middle East-Africa

Turkey to continue exploration in E.Med until Nov. 29

- Oruc Reis research vessel to conduct seismic studies in Eastern Mediterranean for 9 days
23.11.2020 Finance , Energy Diplomacy , Energy Security , Turkey

Russia, Turkey settle Karabakh truce's final details

- Putin urges UN groups to support humanitarian efforts in region as Moscow, Ankara hammer out details on monitoring center
22.11.2020 Energy Security , Eurasia , General

Brent oil price up 2.65% for week ending Nov. 20

- Boosted hopes for a sooner-than-expected recovery have lion's share in general positive outlook amid successful vaccine trials
21.11.2020 Oil , Energy Security , World

Egypt: Blast hits gas pipeline in North Sinai

- Cause remains unknown
20.11.2020 Natural Gas , Energy Security , Middle East-Africa

Efforts underway to secure Libya's oil fields: UN envoy

- Oil field will be guarded by protection force as pilot project for safeguarding country’s oil fields
17.11.2020 Oil , Energy Security , International Relations , Middle East-Africa

Pope Francis congratulates Biden on election win

- Incoming US second Catholic president has common goals with pope to find unity, climate change solutions
13.11.2020 Renewable , Energy Security , Energy Projects

Iraq, Saudi agree to boost economic cooperation

-Saudi Arabia resumed diplomatic ties with Iraq in December 2015 after a 25-year break
10.11.2020 Energy Security , International Relations , Middle East-Africa

Turkey to resume activities in Eastern Med: ministry

- Country will continue research activities in region based on international law, says Foreign Ministry spokesman
02.11.2020 Energy Security , International Relations , Turkey

US designates 8 companies over Iran petrochemical sales

- Companies based in Iran, Singapore, China engaged in transactions facilitated by designated company, says Treasury Dept
30.10.2020 Energy Diplomacy , Energy Security , Americas

USAID to provide $28M for South Asian energy market

- Fresh investments will help improve access to regional energy markets, making them affordable, secure and sustainable
30.10.2020 Energy Diplomacy , Energy Security , Energy Projects , Asia

Turkey refutes Greek claims over seismic ship in E.Med

- Turkey conducts seismic research activities in its continental shelf in line with int'l law, says Turkish Foreign Ministry
26.10.2020 Energy Security , International Relations , Turkey , Europe

Turkey, Greece meet at NATO headquarters on daily basis

- Chief of alliance says defense ministers express 'strong support for NATO deconfliction mechanism' in Eastern Mediterranean
24.10.2020 Energy Security , International Relations , Turkey , Europe

Iraq plans to ramp up oil output by 2027

- Iraq's capacity will not be less than 7 million barrels per day in 2027, says Iraq's oil minister
21.10.2020 Oil , Energy Security , Energy Projects , Middle East-Africa

Turkey to continue energy search in Black Sea: Erdogan

- Fatih drill ship to start new operation at new possible natural gas well, says Turkish president
22.10.2020 Energy Security , International Relations , Turkey

Albania, Greece to take maritime dispute to Hague

- Albania sees Greece as valuable neighbor, says Prime Minister Edi Rama
22.10.2020 Energy Security , International Relations , Europe

Turkish, Libyan businesspeople aim to expand trade

- In Libya-Turkey Business Platform, speakers stress 2 countries have potential to expand bilateral trade activities
16.10.2020 Energy Security , International Relations , Turkey , Middle East-Africa

Turkey's Oruc Reis seismic vessel sets sail for E.Med

- Country issues new navigational telex enabling research vessel to do research on Oct. 12-22
13.10.2020 Natural Gas , Energy Diplomacy , Energy Security , International Organization , Turkey , Europe

Greece issues new ship alert for Turkish national day

- Greek announcement runs afoul of confidence-building measure amid Aegean tensions
09.10.2020 Energy Security , International Relations , Turkey , Europe

Border clashes between Azerbaijan, Armenia continue

- Azerbaijan destroys command and observation zone of 5th Destroyer Regiment of Armenian army
07.10.2020 Energy Security , Eurasia , General

UN registers Turkey-Libya maritime deal

- Deal registered in accordance with Article 102 of UN Charter
03.10.2020 Energy Security , International Relations , Turkey , Middle East-Africa

Lebanon welcomes deal to begin maritime borders talks

- Negotiations between Lebanon, Israel to start under auspices of UN
02.10.2020 Energy Security , International Relations , Middle East-Africa

Turkey, Greece reach understanding on 'general principles'

- Next meeting planned to be held at NATO headquarters on Oct. 5, says Turkish Defense Ministry
02.10.2020 Energy Security , International Relations , Turkey , Europe

Cengiz Energy invests $150M in Uzbekistan power plant

-Power plant will be operated by Cengiz Energy for 25 years
22.09.2020 Natural Gas , Energy Diplomacy , Energy Security , International Organization , Energy Projects

Iran speaker slams Rouhani’s gov’t over US sanctions

-US re-imposed all UN sanctions on Iran, including permanent extension of arms embargo
21.09.2020 Energy Diplomacy , Energy Security , Middle East-Africa

Turkey holds naval exercise in Eastern Mediterranean

- Turkish frigate Gediz carried out surface, air defense fire drills, says National Defense Ministry
18.09.2020 Energy Security , Turkey

Resolving East Med conflict hinges on Cyprus: EU

- Greece isolates Turkey on East Mediterranean due to EU’s mistake of integrating divided Cyprus into bloc, says EU lawmaker
16.09.2020 Energy Diplomacy , Energy Security , International Organization

US trade tariffs on China 'inconsistent' with WTO rules

- WTO says US tariffs on Chinese imports in 2018 were inconsistent with organization's rules
16.09.2020 Stock Market , Energy Diplomacy , Energy Security , Energy Projects , Asia , Americas

Tension in Eastern Mediterranean in 5 questions

- Despite Turkey's repeated calls for dialogue towards fair solution, Greece continues to take steps to drive up tension
16.09.2020 Natural Gas , Finance , Energy Diplomacy , Energy Security , International Organization , Energy Projects , Turkey , Europe

Turkey-N. Cyprus water pipeline to finish by Sept. 25

- 75M cubic meters of freshwater is supplied to Turkish Republic of Northern Cyprus every year
11.09.2020 Energy Security , International Organization , Energy Projects

Anadolu Agency completes Energy Journalism Training

- Online program to help foreign journalists enrich their knowledge in the energy sector successfully concludes on Sept. 9
09.09.2020 Energy Security , International Organization , Energy Projects , Turkey , Europe , Eurasia

Talks over E.Med dispute begins: NATO chief

- No agreement has been reached, but negotiations began between Greece and Turkey, says Stoltenberg
04.09.2020 Energy Security , International Relations , Turkey , Europe

Top Turkish, US officials discuss East Med over phone

- Turkey's Kalin decries Greece's unilateral, maximalist policy, escalating tensions, ignoring international law, during call
04.09.2020 Energy Security , International Relations , Turkey

Turkey expects Greece to support NATO's initiative

- Foreign Ministry says Turkey ready for dialogue with Greece without preconditions to find permanent solutions to all issues
04.09.2020 Energy Security , International Relations , Turkey , Europe

'Turkey won't tolerate piracy in Aegean, Med regions'

- Turkish nation does not violate others' rights, nor do we let them do so, says President Erdogan
01.09.2020 Energy Security , International Relations , Turkey

Turkey may report more good news in 2 months: minister

- New discoveries to most likely be made in layers below area of current natural gas reserve in Black Sea, says Fatih Donmez
28.08.2020 Natural Gas , Oil , Energy Security , Energy Projects , Turkey

Turkish, US leaders discuss East Mediterranean by phone

- Recep Tayyip Erdogan says Turkey proved with 'concrete actions' it wants to reduce tensions, establish dialogue on issue
27.08.2020 Energy Security , International Relations , Turkey , Americas

Mauritius: Japanese ship that spilled oil sent to deep

- Environmentalists warn it will take long time for East African nation's ecosystem to recover from disastrous oil spill
26.08.2020 Oil , Renewable , Energy Diplomacy , Energy Security

Turkey ready to do 'whatever is necessary' in E. Med

- Escalation in Eastern Mediterranean due to Greek, Greek Cypriot approach, not Turkey's, says foreign minister
26.08.2020 Energy Diplomacy , Energy Security , International Organization

Turkey proceeds resolutely in defense industry: Erdogan

- 2 emergency response, diving training boats, 2 underwater demolition boats, 8 fast patrol boats join Turkish Naval Forces
24.08.2020 Natural Gas , Oil , Energy Security , International Organization , Energy Projects
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