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Russia's Budget Deficit Widens 40% to 2.8% of GDP; Putin Downplays Risk
The Moscow Times·RU·about 6 hours ago
Taiwan's cabinet approved a NT$145.7 billion supplementary defense budget, lifting total defense spending above NT$1 trillion and to 3.83% of GDP, the highest in decades. The move signals a continued buildup amid cross-strait tensions, though it still requires legislative approval. This marks a notable escalation in Taiwan's defense commitment, potentially straining fiscal resources and drawing a response from Beijing.
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