U.S.-China Rivalry Pushes Rise in World-Wide Military Spending, Report Finds

MUNICH—Global competition between the U.S. and China is spurring countries all-around the globe to raise their armed forces investing, according to a new report by an global imagine tank that described the major raise in additional than a 10 years.

Defense investing globally rose by four% in 2019 around the former calendar year,  amounting to the best annually raise in 10 many years, according to the report, published Friday by the London-based International Institute for Strategic Scientific studies.

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Huawei Hit With New Charges; CFO Named as Defendant

U.S. prosecutors have charged the Chinese tech large Huawei with racketeering and conspiracy to steal trade tricks. The three new allegations, which incorporate to before costs the enterprise engaged in financial institution fraud and violated U.S. sanctions versus Iran, ended up unsealed Thursday by a U.S. District Court in New […]