The German government last week approved its latest weapons project that will bring the country’s total military spending on weapons alone this year to just about $40 billion, as Berlin continues to lead the charge in Europe’s military buildup.
Tag: geopolitics
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WHO NEEDS THE WEST? PUTIN MEETS WITH INDIA’S MODI, VOWS TO INCREASE BILATERAL TRADE
Russian President Vladimir Putin visited India’s Prime Minister Narendra Modi last week and the two vowed to deepen their economic ties, despite pressure from Washington on New Delhi to abandon Moscow.
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PUTIN SAYS RUSSIA DOES NOT WANT WAR WITH EUROPE, BUT SAYS SUCH A CONFLICT WOULD BE RESOLVED QUICKLY
Russian President Vladimir Putin struck a realistic tone after a meeting with a delegation from the U.S. that included Jared Kushner and Steve Witkoff, and placed blame on Europe for interfering with the peace process by refusing to acknowledge Russia’s demands to end the war.
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EUROPEAN COUNTRIES BLAME RUSSIA FOR SABOTAGE—WITHOUT PROVIDING EVIDENCE
Just a few months ago, European leaders tried to sell war with Russia by claiming that drones from Moscow were violating their airspace, and the situation was urgent because the Russians were using these violations to collect data to find weak spots.
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AS FORECAST: UKRAINE CARRIES OUT NEW STRIKE ON RUSSIAN CHEMICAL PLANT USED BY MILITARY
The Ukrainian military carried out a new strike on Russian infrastructure last week, this time striking a plant in Stavropol Krai that produces chemicals used in artillery.
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AS FORECAST: BATTLEFIELD CONDITIONS WORSEN FOR UKRAINIANS
Russian forces are having their way with the Ukrainians on the battlefield as Europe insists that it will support Kyiv to the end.
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MILITARY-INDUSTRIAL-COMPLEX BOOM: QUANTUM, THE GERMAN SPY DRONE COMPANY IS. NOW VALUED AT $3 BILLION
The race by European countries to invest in drone capabilities has helped propel Quantum, a Bavaria-based company, to a $3 billion valuation as the company considers an eventual IPO.
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EUROPE’S FIRST MILITARY SPACE PROJECT SECURES MOST FUNDING NEEDED AMID BELIEVED THREAT FROM RUSSIA, CHINA
The Europeans are continuing their military buildup, this time announcing that they secured nearly all the funding needed for the European Resilience from Space project that aims to counter the perceived threat from Russia and China.
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WASTE OF MONEY: TAIWAN AIMS TO SPEND $40 BILLION ON WEAPONS AMID CHINA THREAT
Lai Ching-te, Taiwan’s president, said last week that he will seek an additional $40 billion in military spending—on top of its regular military budget—to improve its defenses in the event of an invasion by China.
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MACRON AIMS TO RAMP UP FRANCE’S MILITARY SIZE, FOCUSES ON THE YOUNG VOLUNTEERS
French President Emmanuel Macron announced last week that Paris will begin a new program next summer that will allow 18- and 19-year-olds to volunteer in the country’s military to meet what he sees as the growing threat to the east from Russia.