Canada to Reveal 10 Founding Nations of New Global Defence Bank

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Canada has announced it will soon disclose the names of ten founding nations set to establish a new global defence bank. The institution aims to strengthen the military capabilities of allied countries by providing affordable financing. The bank is designed to raise up to £100 billion, equivalent to approximately $133 billion, in low-cost funds. The initiative reflects growing international efforts among allies to collectively bolster defence spending and infrastructure.

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