Does Hegseth work for the US #government or the US #militaryindustrialcomplex?
#Truth #Singapore

#Pentagon chief urges #Asian allies to spend 5% GDP on defence
" the former Fox News presenter added.. #Beijing’s purported #defence #expenditure typically does not exceed 1.5% of its #GDP, compared with the 3.5% that the #US typically maintains every year.. #Nato recommends that its member states devote about 2% of their GDP annually to shore up its defences"
https://www.straitstimes.com/singapore/us-defence-secretary-hegseth-tells-asian-allies-to-up-defence-expenditure-to-match-europes-5-of-gdp

“Telstra is expecting to shrink its #workforce by 2030 with “AI #efficiencies” potentially coming through #CustomerService, software development and the use of autonomous #AIAgents, the company has told investors on Tuesday.

The telco’s chief executive, #VickiBrady, told the #Telstra’s annual #InvestorDay on Tuesday that #ArtificialIntelligence “will be a significant unlock when it comes to enabling our #workforce”.

“We will embrace AI, as every business will need to, and we expect the pace of change over the next five years to be extraordinary,”

…

“Ackland said the more than $1bn of capital #expenditure and operating expenditure on #software #development and #IT was another area #AI “has the potential to fundamentally change how this is done”.

Look who’s been consulting the economic tea-leaves. Will Vicki and her team be sacked if/when the plan fails?

Of course not.

#WhiteCollar / #sackings / #australia <https://theguardian.com/business/2025/may/27/telstra-ai-job-cuts-investors-workforce>

The Stockholm International Peace Research Institute (SIPRI) says that global military expenditure rose to $2.72 trillion last year, in the “steepest year-on-year rise since at least the end of the Cold War”.

Israel’s military expenditure reached $46.5bn in 2024, a 65 percent increase on 2023, and “the steepest annual increase since the Six-Day War in 1967”, SIPRI said.

Israel’s military burden rose to 8.8 percent of GDP, the second highest in the world.

#military
#expenditure
#war
#Gaza

Through #OneNationOneElection
#India plans to address the rising concerns related to #election-related #expenditure, tackle diversion of #security forces and disruptions in development work. the diversion of
https://indianf.com/one-nation-one-election-bills-approval/#:~:text=The%20government%20plans%20to%20address%20the%20rising%20concerns%20related%20to%20election%2Drelated%20expenditure.%20They%20also%20aim%20to%20tackle%20the%20diversion%20of%20security%20forces%20and%20disruptions%20in%20development%20work.