
The European Union has detailed a new plan to boost defense spending by nearly $850 billion in the coming years, with some of the investment to go toward supporting Ukraine security efforts. Ursula von der Leyen, president of the European Commission, unveiled the five-part “ReArm Europe” initiative, which arrives as the Trump administration has ordered a pause on further U.S. military aid to Kyiv. “We are in an era of rearmament. And Europe is ready to massively boost its defense…