Breaking the bank to fight the Islamic State

Global Business

France has vowed to destroy ISIL after the latest Paris attacks.

The country is intensifying defense spending, while calling on European neighbors to contribute. The question now is, can France or other EU member states afford what may be a protracted fight?

CCTV America’s Owen Fairclough reports.

Breaking the bank to fight the Islamic State

Breaking the bank to fight the Islamic State

France has vowed to destroy ISIL after the latest Paris attacks. The country is intensifying defense spending, while calling on European neighbors to contribute. The question now is, can France or other EU member states afford what may be a protracted fight? CCTV America's Owen Fairclough reports.


David Nelson on France’s budget spending

CCTV America’s Phillip TK Yin spoke to David Nelson, the Chief Strategist of Belpointe.

Follow Phillip Yin on Twitter @PhillipTKYin

David Nelson on France's budget spending

David Nelson on France's budget spending

CCTV America's Phillip TK Yin spoke to David Nelson, the Chief Strategist of Belpointe.