The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
Unsustainable defence spending is causing problems beyond the industry itself. As the war in Ukraine rages on, growth has slowed sharply, and few good options remain, as recession and stagnation loom.
Recently declassified meeting minutes between the two leaders show how Washington was well aware of Moscow's grievances over NATO expansion, but went ahead anyway
The abrupt resignation of Ukraine's second-most-powerful man will please Putin, as Yermak had been leading efforts to revise Trump's 28-point peace plan, which critics said was in Russia's favour
A Pentagon defence review being conducted by Elbridge Colby has Europe's leaders worried because he has argued that the US should reposition its forces to face China and the Pacific
Gulf states' central global location has made it the perfect transit hub for global travel, but with flights cancelled due to war, the industry is scrambling to fill the void
Washington and Tel Aviv may think the key to ending Iran's regime is to kill its missile bank and capabilities, but sometimes strategy matters more than hardware