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Panellists argued that, in the short term, a permanent rise in defence spending should be funded by higher taxes and/or lower non-defence spending in the UK and by higher borrowing in the EU. Two thirds of the UK panel favoured higher taxes and/or lower non-defence spending, citing the UK’s elevated debt burden and the permanence of defence spending. Two thirds of the EU panel instead favoured higher borrowing, with several proposing the the issuance of EU debt.
Finance, US News, Wall Street 14 mins ago In Finance, US News, Wall Street The Enormous Mental Health Impact Of COVID-19 While only a miniscule percentage of humans on Earth have not been affected in some way by the Covid-19 pandemic, the ways in which people’s lives have been altered are as diverse as the severity of the effects themselves (with some having even seen positives to come out of the situation).
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