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Spain's Infrastructure Faces 10.5 Billion Euro Maintenance Deficit
Businessla-vanguardia17d ago

Spain's Infrastructure Faces 10.5 Billion Euro Maintenance Deficit

A Spanish think tank associated with the CEOE business confederation reports that the country's train, water, and road infrastructures have accumulated a maintenance deficit of 10.5 billion euros. It suggests an investment of over 80 billion euros is needed to bring them up to par with the rest of Europe.

UK Economic Growth Projected to Be Weakest in a Century
BusinessThe Independent1mo ago

UK Economic Growth Projected to Be Weakest in a Century

Leading UK economic think tanks, the Resolution Foundation and Institute for Fiscal Studies, have warned that Britain's economic growth is expected to be the weakest in a century, excluding the pandemic and World War II periods.

China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist
BusinessSCMP1mo ago

China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist

China’s sovereign debt is emerging as a strategic alternative to US Treasuries as global investors look for geopolitical hedges, though greater market liquidity and deeper yuan internationalisation are still needed to cement its status as a global safe haven, an economist at a Chinese government think tank has said. “[These bonds] circumvent the restrictions of the non-convertibility of the renminbi,” said Xu Qiyuan, deputy director of the American Studies Institute at the Chinese Academy of...

Timbro CEO Criticizes Swedish Government's Policies
Politicsaftonbladet1mo ago

Timbro CEO Criticizes Swedish Government's Policies

The CEO of the Swedish think tank Timbro has sharply criticized the government's policies, particularly regarding teenage deportations and family separations, stating that voters did not anticipate such outcomes.

Parliamentarians’ attendance
PoliticsDawn1mo ago

Parliamentarians’ attendance

REPORTS on the attendance of parliamentarians during sessions almost invariably evoke much interest among citizens. Although the average attendance in the National Assembly has been hovering around 60 per cent for the last many years and the citizenry seems to have made its peace with that, there are statistics which sometimes shock the people. For example, a Fafen report on parliamentarians’ attendance during the 23rd National Assembly session held from Jan 12 to Jan 22 this year indicates that 47 or 14pc members remained absent throughout the session and didn’t attend even a single sitting; 276 or 83pc of the total 332 members skipped at least one session. Similar statistics about the 22nd session indicate that about 70pc of the absent members didn’t seek prior leave from the House. The system of taking attendance is such that a person marked present might not have been there throughout the sitting and his/her presence for even a fraction of the sitting may be marked as present. Given the fact that the average duration of a sitting ranges from two to three hours (it was two hours during the first year of the present National Assembly), a member attending the sitting may have been present only for a few minutes. The absence of members from a sitting significantly impacts parliamentary proceedings. Our parliamentary system requires the presence of at least 25pc of the total members which constitutes the quorum. The Assembly proceedings are stopped after a member points out a lack of quorum and the subsequent head count confirms that the minimum required members are not present. A Pildat report indicates that during the past (15th) National Assembly, lack of quorum was pointed out in 105 (23pc) of sittings, and subsequently, 72 or 16pc of the sittings had to be adjourned on this basis. The abrupt termination of a day’s proceedings impacts the productivity of the Assembly as the day’s agenda (order of the day) is left incomplete. During the five years of the 15th National Assembly, on average, less than 50pc (49.47pc to be exact) of the agenda items could be taken up by the Assembly. Ministers’ absence also impacts the quality of proceedings and some of the agenda items have to be deferred because the relevant minister is not present. During the 23rd session of the current Assembly, for example, 29 federal ministers were supposed to answer members’ questions but a majority (19) of them did not show up on the day allocated for answering questions relating to their ministries. In most cases, the absence of the minister concerned deprives members of the opportunity to ask supplementary questions. Simi­larly, adjournment motions, privilege moti­ons and call-attention notices also require the presence of the minister concerned. The Speaker has repeatedly expressed displeasure at the frequent absence of ministers. Sometimes, ministers of state and parliamentary secretaries do not show up either to fill in for the minister concerned. Pakistan’s parliament is not the only one which faces issues of low attendance. Ministers generally take their cue from the prime minister and they are more likely to show up in the House if the PM is particular about his presence. During the life of the 15th Assembly, the attendance of the PM was a mere 13pc (11pc for Imran Khan and 17pc for Shehbaz Sharif). The attendance becomes more known through the media in the case of plenary sittings but the status of attendance is no different in the case of parliamentary committees. Many meetings are adjourned by the chair because the minister concerned and senior officials of the ministry do not show up at the meeting, leading to a wastage of financial resources spent on convening the meetings. However, one may add that Pakistan’s parliament is not the only one which faces issues of low attendance. Many parliaments face a similar situation and a number of parliaments have waived the condition of the presence of a minimum percentage of members for the validity of the proceedings. For example, the UK parliament and US Congress do not have a quorum requirement. The proceedings of the legislatures continue in these countries even if a single member is present in the House. In the case of the UK parliament, many parliamentary committees hold their meetings concurrently with the plenary. The proceedings of the plenary are watched by the members on CCTV while sitting in their offices or in meeting rooms. Members’ presence is required when a motion or a bill has to be voted on. Bells are rung at that time and members available within parliamentary precincts rush to the chamber to vote. The absence of a member from the precincts during the time of the plenary is, however, rare and frowned upon. A major reason for our legislators to be casual about their presence during the Assembly sittings has a lot to do with the preferences of a majority of their voters. Most voters are not so keen about their legislators’ performance in the Assembly. A member who works very hard on his parliamentary speeches and, for example, scrutiny of the annual budget, is seldom appreciated by the constituents. People want their elected representatives to attend to their personal issues, which need an influential legislator’s support for resolution due to poor governance. Finding jobs for constituents and their family members is one of the top expectations from legislators. Interceding with the local administration and police on behalf of the constituents to sort out their day-to-day problems is also among the informal responsibilities of legislators. Attending the weddings and funerals of voters’ extended families, too, is a strong preference of constituents. These informal chores are likely to be of greater help to a legislator in his re-election than making a speech in the House. The weak attendance of legislators is, therefore, not because of their lethargy. Instead, it is a reflection of the ground realities of our own governance and culture. The writer is president of the Pakistan-based think tank Pildat. X: @ABMPildat Published in Dawn, February 20th, 2026

The 30 countries that spend the most on their militaries, ranked
WorldBusiness Insider1mo ago

The 30 countries that spend the most on their militaries, ranked

The US has the most expensive military in the world. Tajh Payne/US Navy via Getty Images The International Institute for Strategic Studies compiled data about the world's military budgets. The top militaries spend hundreds of billions of dollars on defense, with the US leading worldwide. President Donald Trump has proposed increasing annual defense spending to $1.5 trillion. The US has the world's most expensive military, spending nearly $1 trillion on defense each year. That's roughly four times China's reported defense budget, the next largest. From spending on nuclear technology to advanced aircraft and warships, the world's top militaries allocate hundreds of billions of dollars each year to stay ahead. In some countries, big-ticket items such as naval assets or technologically advanced aircraft or missiles account for the bulk of military spending, while others devote large sums to maintaining large conscription troop systems. Ultimately, military spending varies by country depending on location and interests, Gian Gentile, a retired US Army colonel and senior historian at RAND, told Business Insider. Some countries prioritize homeland defense while others value overmatch and far-reaching power projection. "The US spends a lot on more sophisticated, extremely precise weapon systems," he said. A military's budget can be measured either as a total amount or as a share of its country's GDP, reflecting the burden on its economy. Worldwide, countries spent an average of 2.4% of their GDP on defense in 2024. Wartime spending as a share of GDP typically rises, putting strain on the civilian economy, said Mark Cancian, a senior advisor at the Center for Strategic and International Studies. Ukraine in 2024, for example, devoted over 15% of its GDP to its military, the highest share globally. Spending statistics help paint a picture of defense priorities, but they don't always translate into readiness for conflict. "Readiness is very expensive, and perishable," Cancian said. A country's on-paper investment in its defense systems doesn't always translate directly into military capability, he added. Training and maintenance are often overlooked in analyses of spending on equipment and technologies. A particularly significant cost when it comes to technologically advanced aircraft, for instance, is maintenance and sustainment. Still, looking at military budgets can reveal how much capital each country relies on to defend itself. Last year, the International Institute for Strategic Studies, a London-based think tank, released its Military Balance report, which included data on nearly every country's defense budget based on each's reported 2024 figures. The report includes each country's total budget (in US dollars), per-capita figures, and defense budget as a share of GDP. Some countries, such as North Korea, Libya, Syria, Cuba, and Afghanistan, did not publicly report their defense budgets. These are the 30 countries that spend the most on their military, ranked by the size of their defense budgets. 30. Qatar KARIM JAAFAR/AFP via Getty Images Defense budget: $9.66 billion Defense budget per capita: $3,785 Percentage of GDP: 4.36% 29. Norway Yauhen Yerchak/SOPA Images/LightRocket via Getty Images Defense budget: $9.79 billion Defense budget per capita: $1,776 Percentage of GDP: 1.94% 28. Mexico Victoria Razo / AFP Defense budget: $10.19 billion Defense budget per capita: $78 Percentage of GDP: 0.55% 27. Indonesia BAY ISMOYO / AFP Defense budget: $10.93 billion Defense budget per capita: $39 Percentage of GDP: 0.78% 26. Sweden Leon Neal/Getty Images Defense budget: $12.25 billion Defense budget per capita: $1,157 Percentage of GDP: 2.01% 25. Iraq Zaid AL-OBEIDI / AFP Defense budget: $12.68 billion Defense budget per capita: $301 Percentage of GDP: 4.8% 24. Turkey Anadolu/Anadolu via Getty Images Defense budget: $14.27 billion Defense budget per capita: $170 Percentage of GDP: 1.06% 23. Singapore ROSLAN RAHMAN/AFP via Getty Images Defense budget: $15.17 billion Defense budget per capita: $2,517 Percentage of GDP: 2.86% 22. Taiwan I-Hwa Cheng / AFP Defense budget: $18.86 billion Defense budget per capita: $799 Percentage of GDP: 2.43% 21. Spain picture alliance/dpa/picture alliance via Getty Images Defense budget: $19.44 billion Defense budget per capita: $411 Percentage of GDP: 1.12% 20. Algeria NurPhoto/NurPhoto via Getty Images Defense budget: $21.4 billion Defense budget per capita: $455 Percentage of GDP: 8.23% 19. United Arab Emirates VCG/VCG via Getty Images Defense budget: $22.27 billion Defense budget per capita: $2,220 Percentage of GDP: 4.09% 18. The Netherlands Remko de Waal / ANP / AFP Defense budget: $23.61 billion Defense budget per capita: $1,328 Percentage of GDP: 1.94% 17. Brazil Anadolu/Anadolu via Getty Images Defense budget: $24.4 billion Defense budget per capita: $111 Percentage of GDP: 1.11% 16. Canada Artur Widak/NurPhoto Defense budget: $27 billion Defense budget per capita: $696 Percentage of GDP: 1.22% 15. Poland Aleksander Kalka/NurPhoto Defense budget: $28 billion Defense budget per capita: $723 Percentage of GDP: 3.25% 14. Ukraine Tetiana DZHAFAROVA / AFP Defense budget: $28.41 billion Defense budget per capita: $797 Percentage of GDP: 15.43% 13. Israel Elke Scholiers/Getty Images Defense budget: $33.75 billion Defense budget per capita: $3,589 Percentage of GDP: 6.39% 12. Italy Antonio Masiello/Getty Images Defense budget: $35.23 billion Defense budget per capita: $578 Percentage of GDP: 1.48% 11. Australia Ian Hitchcock/Getty Images Defense budget: $36.40 billion Defense budget per capita: $1,360 Percentage of GDP: 2.02% 10. South Korea Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images Defense budget: $43.88 billion Defense budget per capita: $842 Percentage of GDP: 2.35% 9. Japan JIJI Press / AFP Defense budget: $53.01 billion Defense budget per capita: $430 Percentage of GDP: 1.3% 8. France Philippe Magoni / POOL / AFP Defense budget: $64.03 billion Defense budget per capita: $937 Percentage of GDP: 2.02% 7. Saudi Arabia BANDAR ALDANDANI/AFP via Getty Images Defense budget: $71.73 billion Defense budget per capita: $1,963 Percentage of GDP: 6.52% 6. India Roslan RAHMAN / AFP Defense budget: $74.36 billion Defense budget per capita: $53 Percentage of GDP: 1.91% 5. United Kingdom Owen Humphreys - PA Images/PA Images via Getty Images Defense budget: $81.06 billion Defense budget per capita: $1,184 Percentage of GDP: 2.26% 4. Germany Michaela Stache / AFP Defense budget: $85.98 billion Defense budget per capita: $1,022 Percentage of GDP: 1.83% 3. Russia VCG/VCG via Getty Images Defense budget: $120.32 billion Defense budget per capita: $854 Percentage of GDP: 5.51% 2. China Greg Baker / AFP Defense budget: $234.98 billion Defense budget per capita: $166 Percentage of GDP: 1.29% 1. United States Mario Tama/Getty Images Defense budget: $967.96 billion Defense budget per capita: $2,831 Percentage of GDP: 3.32% Read the original article on Business Insider

US Defense Secretary Hegseth Asks Army Chief of Staff Randy George to Step Down
WorldAPBBCNYT+57le-mondewapoThe GuardianAl Jazeeradr-dkFox Newsyle-uutisetcbc+49 more1d ago60 sources

US Defense Secretary Hegseth Asks Army Chief of Staff Randy George to Step Down

US Defense Secretary Pete Hegseth has asked the Army's top uniformed officer, Gen. Randy George, to step down and take immediate retirement, amidst ongoing clashes between the Pentagon chief and senior military leadership, with reports also coming from French media and the Independent.

New UK Green Think Tank Proposes £30bn Savings for Taxpayers
PoliticsThe GuardianNew Statesman9d ago2 sources

New UK Green Think Tank Proposes £30bn Savings for Taxpayers

James Meadway's new radical think tank, described as a 'Green policy factory,' has been launched in the UK. A report by the Verdant think tank suggests that rooting out waste, fraud, and tax avoidance could save UK taxpayers up to £30bn annually, money that could improve public services.

Εκτίναξη τιμών στα καύσιμα: Επιβάρυνση 220 ευρώ ετησίως για κάθε Ευρωπαίο οδηγό αναμένουν οι ειδικοί
Businessnewsbeast22d ago

Εκτίναξη τιμών στα καύσιμα: Επιβάρυνση 220 ευρώ ετησίως για κάθε Ευρωπαίο οδηγό αναμένουν οι ειδικοί

Σημαντικά αναμένεται να επιβαρύνει τον οικογενειακό προϋπολογισμό η ραγδαία άνοδος των τιμών του πετρελαίου, η οποία πυροδοτήθηκε από τη σύρραξη στο Ιράν Σύμφωνα με αναλυτές του think tank Transport…

Worldpublico25d ago

Taiwanese Premier's Private Visit to Japan for Baseball Angers China

Taiwan's Prime Minister visited Japan to watch baseball, a trip the Japanese government insists was private with no official contacts, but which angered China. A prominent Chinese think tank warns that escalating tensions in the Taiwan Strait are China's main geopolitical risk for 2026.

Art as advocacy: Philippine mural contest adds to South China Sea messaging push
PoliticsSCMP1mo ago

Art as advocacy: Philippine mural contest adds to South China Sea messaging push

A nationwide mural contest backed by Philippine government agencies has been launched in Manila, the latest in a string of cultural initiatives aimed at shaping public narratives around the South China Sea dispute. Organised by a Manila-based maritime think tank and supported by state institutions including the National Commission for Culture and the Arts, the competition invites artists, students and ordinary Filipinos to create large-scale works inspired by the “West Philippine Sea” – Manil...

‘Record’ Chinese maritime militia deployed in South China Sea in 2025: US report
PoliticsSCMP1mo ago

‘Record’ Chinese maritime militia deployed in South China Sea in 2025: US report

China’s maritime militia was deployed in “record-high numbers” across the disputed South China Sea in 2025, according to a US think tank report. However, the report also cited a concentration of civilian fishing fleets near less contested reefs, saying this suggested their waning strategic role for Beijing. The report was published on Monday by the Asia Maritime Transparency Initiative (AMTI) – a research programme affiliated with the Centre for Strategic and International Studies, a...

Is this the end of the golden age of Chinese think tanks with star ex-officials?
PoliticsSCMP1mo ago

Is this the end of the golden age of Chinese think tanks with star ex-officials?

During the past decade, Chinese think tanks have had the best of two worlds – having the backing of the government while having some room to move outside it. Encouraged by the country’s leadership to promote China’s soft power, the sector has grown in influence as retired officials have come on board, bringing expertise, connections and some freedom. Not unlike their Western counterparts, these institutes have come to play major roles in Track 2 diplomacy and policy recommendations. But two...