Norway wants to drastically increase its defence budget over the next 12 years, the government announced in Oslo on Friday. The plan to spend an additional 600 billion Norwegian kroner ($55.7 billion) until 2036 is almost a doubling of the current budget. The extra defence spending must be approved by parliament, but this is seen as as formality. NATO member Norway borders Russia in the Arctic Circle and the Kremlin’s two-year attack on Ukraine has spooked the Scandinavian country, which is also alarmed that another Donald Trump presidency in the United States could complicate defence. “We nee…