U.S. President Barack Obama reiterated to allies at the NATO summit in Wales on Thursday that they must spend more on defense if the alliance is to be effective against threats like a resurgent Russia and the Islamic militant group ISIS. But most of America’s allies in the 28-member alliance don’t spend the 2 percent of GDP that Obama has said is the target. In fact, only seven countries meet the goal. …read more
Source: International Business Times
