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    <title>Defense Budget on goodinfo.net Daily</title>
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      <title>[Brief] UK Armed Forces Minister Quits as Defence Crisis Deepens</title>
      <link>https://goodinfo.net/en/posts/world/brief-uk-armed-forces-minister-quits-2026-06-12/</link>
      <pubDate>Fri, 12 Jun 2026 04:36:00 +0800</pubDate>
      <author>goodinfo.net</author>
      <guid>https://goodinfo.net/en/posts/world/brief-uk-armed-forces-minister-quits-2026-06-12/</guid>
      <description>Reuters reports that just hours after Defence Secretary Healey resigned, the UK Armed Forces Minister also stepped down, saying Prime Minister Starmer is not spending enough to keep the country safe. The resignation of two senior defence officials on the same day highlights deep divisions within the UK government over military budgets and raises questions about Britain&rsquo;s NATO commitments and capabilities.
Editor: GoodInfo Global News Team
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      <content:encoded><![CDATA[<p>Reuters reports that just hours after Defence Secretary Healey resigned, the UK Armed Forces Minister also stepped down, saying Prime Minister Starmer is not spending enough to keep the country safe. The resignation of two senior defence officials on the same day highlights deep divisions within the UK government over military budgets and raises questions about Britain&rsquo;s NATO commitments and capabilities.</p>
<hr>
<p>Editor: GoodInfo Global News Team</p>
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      <category domain="category">world</category>
      <category domain="tag">World News</category><category domain="tag">UK Politics</category><category domain="tag">Defense Budget</category>
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      <title>Trump&#39;s &#39;Golden Dome&#39; Missile Defense System to Cost $1.2 Trillion</title>
      <link>https://goodinfo.net/en/posts/world/trump-golden-dome-missile-defense-1-2-trillion-may-2026/</link>
      <pubDate>Wed, 13 May 2026 05:11:00 +0800</pubDate>
      <author>goodinfo.net</author>
      <guid>https://goodinfo.net/en/posts/world/trump-golden-dome-missile-defense-1-2-trillion-may-2026/</guid>
      <description>BBC analysis shows Trump&rsquo;s Golden Dome missile defense system will cost $1.2 trillion and may not stop all-out missile attacks.</description>
      <content:encoded><![CDATA[<h2 id="trumps-golden-dome-a-12-trillion-defense-dream">Trump&rsquo;s &lsquo;Golden Dome&rsquo;: A $1.2 Trillion Defense Dream?</h2>
<p>BBC analysis reveals that the Trump administration&rsquo;s proposed &ldquo;Golden Dome&rdquo; missile defense system is expected to cost $1.2 trillion, yet it may not be able to effectively stop a full-scale missile attack.</p>
<h3 id="astronomical-defense-spending">Astronomical Defense Spending</h3>
<p>The $1.2 trillion budget is nearly one-third of the annual US defense budget. This figure has sparked a wide debate about military investment priorities &ndash; against the backdrop of the Iran war already costing $29 billion, whether such massive defense system investment is justified.</p>
<h3 id="technical-limitations">Technical Limitations</h3>
<p>The analysis points out that even with massive investment, the Golden Dome system has clear limitations against full-scale missile attacks. Existing anti-missile technology shows significantly reduced interception rates when facing saturation attacks, hypersonic weapons, and simultaneous multi-directional incoming threats.</p>
<h3 id="strategic-significance">Strategic Significance</h3>
<p>The Golden Dome project reflects US strategic anxiety in facing multipolarized military threats. From Iran to North Korea, from Russia to potential regional adversaries, the diversification of missile threats makes a single defense system face enormous challenges.</p>
<hr>
<p><em>Sources: BBC</em></p>
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      <title>Iran War&#39;s True Cost Closer to $50 Billion, Double Pentagon&#39;s Public Estimate</title>
      <link>https://goodinfo.net/en/posts/finance/iran-war-cost-50-billion-oil-prices-april-2026/</link>
      <pubDate>Thu, 30 Apr 2026 22:00:00 +0800</pubDate>
      <author>goodinfo.net</author>
      <guid>https://goodinfo.net/en/posts/finance/iran-war-cost-50-billion-oil-prices-april-2026/</guid>
      <description>U.S. officials reveal the Iran war&rsquo;s true cost is closer to $50 billion, roughly double the Pentagon&rsquo;s public estimate of $25 billion, as oil prices surge to a four-year high.</description>
      <content:encoded><![CDATA[<h2 id="-article">📰 Article</h2>
<p>The true price tag of the Iran war is closer to $50 billion, U.S. officials familiar with internal assessments told CBS News, roughly double the public estimate the Pentagon cited in congressional testimony this week.</p>
<p>In testimony Wednesday on Capitol Hill, a Pentagon official placed the cost of the Defense Department&rsquo;s Operation Epic Fury at about $25 billion, a figure that did not fully account for damaged or destroyed equipment or U.S. military installation repairs.</p>
<p>As Defense Secretary Pete Hegseth and Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, appeared before lawmakers this week to defend the Pentagon&rsquo;s sprawling $1.5 trillion budget request, U.S. officials familiar with internal assessments presented a dramatically different figure.</p>
<p>Much of the gap is accounted for by munitions that have been used and need to be replaced. For instance, the Pentagon has lost 24 MQ-9 Reaper drones — sophisticated unmanned aircraft that can cost $30 million or more apiece — underscoring how quickly resources are being consumed in the conflict.</p>
<p>The Pentagon&rsquo;s acting comptroller, Jules Hurst, testified before the Senate on Thursday that the cost of military construction is hard to estimate. When Democratic Sen. Richard Blumenthal of Connecticut questioned what was included in the $25 billion, Hurst said, &ldquo;We don&rsquo;t know what our future posture is going to be or the future construction of those bases.&rdquo;</p>
<p>CNN first reported that the real estimate is closer to $40-50 billion.</p>
<p>The war is hitting Americans&rsquo; pocketbooks more immediately, too. In a congressional hearing this week, Democratic Rep. Ro Khanna of California asked Hegseth how much the war will cost Americans through higher prices.</p>
<p>Hegseth didn&rsquo;t respond directly. &ldquo;I would simply ask you what the cost is of an Iranian nuclear bomb,&rdquo; the defense secretary said, accusing Khanna of &ldquo;playing gotcha questions about domestic things.&rdquo;</p>
<p>The right-of-center American Enterprise Institute estimates higher fuel and fertilizer costs alone translate to an extra $150 per month for each U.S. household.</p>
<p>Meanwhile, oil prices have surged to their highest level since July 2022 due to the Iran situation, pushing U.S. gasoline prices higher. The Trump administration says the U.S. is blockading the Strait of Hormuz, and the effective closure of this critical waterway continues to drive up global energy prices.</p>
<hr>
<p><em>Source: <a href="https://www.cbsnews.com/news/iran-war-cost-closer-50-billion-us-officials/">CBS News</a>, <a href="https://www.cnn.com/">CNN</a></em></p>
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