RNN June 23rd 2026
Pentagon Requests Extra $80 Billion for War Expenses: The Pentagon has privately notified senators that it requires an additional $80 billion to cover the costs of the war, mainly to replenish depleted munitions and repair damaged equipment. This supplemental request comes on top of President Donald Trump's record $1.5 trillion Pentagon budget request. The figure is significantly higher than previous estimates and faces immediate pushback from congressional Democrats.
Global Financial Markets Cool Amid War Uncertainty: Early global enthusiasm in financial markets has cooled as investors…
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