London Vows To Meet NATO Spending Commitment Every Year

The British government has committed to meeting NATO's military spending target of 2 percent of GDP, reports the New York Times.

George Osborne, the chancellor of the Exchequer, announced on Wednesday that the U.K. would exceed NATO's target expenditure of 2 percent of gross domestic product "not just this year, but every year of this decade."

There had been speculation for months, and pressure from the U.S., over the possibility that military spending would fall under that...