Author: station3

Defence ministers from Nato countries are meeting to discuss how to provide Ukraine with more arms and ammunition. Several member states are supplying Ukraine with weapons including tanks and missile systems to help the country defend itself against Russia. What is Nato? Nato – the North Atlantic Treaty Organization – is a defensive military alliance. It was formed in 1949 by 12 countries, including the US, UK, Canada and France. Members agree to help one another if they come under attack. The organisation’s original goal was to challenge Russian expansion in Europe after World War Two. After the Soviet Union’s collapse in…

The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid increased spending and falling revenue, the Treasury Department reported Monday. Federal budget outlays increased by $28 billion, or 6% in November, with agencies such as the Education Department reporting increased spending, according to the Monthly Treasury Statement. Receipts for November fell by 10%, or $29 billion, with decreases seen in areas such as government revenue from payroll taxes. Factoring in calendar-related differences affecting the November 2021 budget, the November 2022 deficit would be only 20% higher, according to the…