The EU outspends Russia 2.4 to 1, down from nearly 4 to 1 in 2021
EU military spending rose 76.2% between 2021 and 2025; Russia’s rose 188.9%. The spending ratio narrowed from 3.97 to 2.42, a decline of 39%.
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Europe
From sick man to power socket
Britain could become a net electricity exporter beyond 2030. The Smart Power question is whether it can do so without exchanging Russian energy dependence for Chinese battery dependence.