New target includes 1.5% of spending on security related infrastructure such as cyber and border protection

Berlin plans a 70% increase in military spending to €162bn by 2029, according to leaked paper

Opponents of the government’s bill that would cut benefits want to pressure ministers into making changes

President says Tehran forewarned Washington of missile attack and says he will urge Israel to make peace

Brent slides most in three years after Qatar repels Tehran’s attack on US air base near Doha

Qatari base is Washington’s largest and arguably most important military outpost in the Middle East

BP, TotalEnergies and Eni evacuate ‘some foreign personnel’ following US air strikes on Iranian nuclear sites

Rules that govern checks on security-sensitive deals will be rewritten

Direct hit on infamous Evin jail, known for holding political prisoners, sparks outrage in the Islamic republic

Norms are eroding and old certainties are being challenged — we must act accordingly

Leaders risk getting into shouting match with Donald Trump over increased defence spending

Islamic republic’s Basij force has spearheaded crackdown in which hundreds of alleged collaborators have been arrested

The American military has been the alliance’s bedrock. But shifting US priorities, including in the Middle East, are putting new pressure on European allies

Ageing US mine-sweeping fleet ill-matched to counter a possible revival of 1980s campaign to blockade waterway

Berlin aims to more than double army reserves in response to Russia’s invasion of Ukraine

He should persuade the leadership in Tehran that this is still possible

Debates about big or small government belong in the past; being agile enough to seize future chances is what matters

Trump’s attacks on the Fed and growing geopolitical risks reignite public debate about repatriating bullion

US and Israeli attacks hit key nuclear sites but questions remain over stash of enriched material

Cash boost for technology with potential to transform areas ranging from industrial materials to communications security

Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles

Sectors including automotive, aerospace and chemicals will be exempt from paying green levies on electricity bills

America’s gamble in Iran makes the world a more dangerous place

Retaliatory strikes raise tensions in region

‘Tactical surprise’ and ‘misdirection’ allowed American B-2 bombers to attack Iranian nuclear sites without drawing fire

Arab rulers had feted Trump and urged him to avoid military option that would leave them exposed to retaliation

President’s social media posts contradict officials’ claims that US does not seek to topple government

Tehran’s grand strategy has failed, but that is no guarantee Israel and America can succeed

Ali Khamenei must choose between escalation, a diplomatic compromise with the US, or containing the conflict to Israel

More than 150 carriers have diverted or suspended flights

IDF signals it will continue offensive while assessing impact of US raid on nuclear sites

The raids attacked research and centrifuge arrays that Tehran has built up over decades

Brent rises above $80 a barrel after US strikes on Iran but later falls back to trade flat as crude supply unaffected

The US president hopes that his display of power in Iran will stop the war — but that is not his decision to make 

Blank cheque companies are enjoying a fresh moment in the sun as the traditional IPO market struggles

US president joins Israel’s attacks on Tehran months after vowing to keep America out of new conflicts

Ministers argue unpopular cuts to welfare payments are part of mission to get people into work and off benefits

Companies in major exporting province of Zhejiang look to other markets or to sell at home

Agency said the losses, more than half of what it lent, were ‘part of the reality of doing business’

Critics concerned that US military personnel could face retaliation by Iran and its proxies