Defense
Iran unrest deepens as U.S. attack in Venezuela sharpens Trump intervention threat
A large anti-Israeli banner portraying an image of a Palestinian fighter and the slogan in Persian and Hebrew, “Endless Voice of Resistance” is erected in Palestine Square in Tehran on December 31, 2025. Atta Kenare | Afp | Getty Images Widespread anti-government protests have roiled Iran for over a week, forcing its leaders to weigh […]
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Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth
Sen. Mark Kelly, D-Ariz., holds a news conference in the Mansfield Room in the U.S. Capitol on Monday, December 1, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images The Pentagon will cut the military retirement pay of Sen. Mark Kelly for what Defense Secretary Pete Hegseth called the Arizona Democrat’s “seditious” statements on […]
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Global defense stocks soar as U.S. strike on Venezuela heralds new ‘hard power’ era
Defense stocks in Europe and Asia surged on Monday as investors assessed how the dramatic overthrow of Venezuelan leader Nicolas Maduro could herald a significant geopolitical shift that will boost the rearmament trade in the long run. Rheinmetall, Germany’s largest arms manufacturer, gained over 7% in early trade, while military technology and surveillance specialist Hensoldt […]
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‘Might makes right’? Why the U.S. strike on Venezuela won’t push China into a Taiwan gamble
Venezuelan President Nicolas Maduro (L) and China’s President Xi Jinping wave during a meeting in Miraflores Presidential Palace, in Caracas on July 20, 2014. Leo Ramirez | Afp | Getty Images The ancient Greek historian Thucydides once wrote that “the strong do what they can, and the weak suffer what they must.” On Jan. 3, […]
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Trump orders Chinese-controlled firm to unwind chip asset deal, citing national security risks
File: President Donald Trump looks on after signing an executive order in the Oval Office of the White House on April 9, 2025. Saul Loeb | Afp | Getty Images A company controlled by a Chinese national was ordered by U.S. President Donald Trump on Friday to unwind a $2.9 million acquisition of chip assets […]
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Yemen’s southern separatists call for path to independence amid fighting over key region
Yemenis members of the Sabahiha tribes of Lahj, who live along the strip between the south and north of the country and who support the UAE-backed Southern Transitional Council (STC), hold an image of the STC leader Aidaros Alzubidi as they wave the old South Yemen flag, during a rally in Khormaksar Square, in the […]
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Space and defense boom lifted these satellite stocks by more than 200% in 2025
Charlie Ergen Karl Gehring | Dever Post | Getty Images Wall Street grew increasingly obsessed with the artificial intelligence boom this year, pouring money into chips, data centers and applications. But investors looking beyond Silicon Valley found outsized returns in another location: space. Some of the year’s biggest market winners were defense companies that benefited […]
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Hanwha’s Philly Shipyard can build nuclear submarine for U.S. Navy, executive says
An American Airlines plane above Hanwha signage at the Hanwha Philly Shipyard in Philadelphia, Pennsylvania, U.S., on Tuesday, Aug. 26, 2025. Bloomberg | Bloomberg | Getty Images Hanwha’s Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S. Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according to a […]
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North Korea’s Kim Jong Un views submarine construction, oversees missile launch, KCNA says
People look at a 24-hour YTN news TV broadcast at Seoul Railway Station showing a news broadcast with the North Korean leader Kim Jong Un giving a salute during a military parade at Kim Il Sung Square in Pyongyang. Sopa Images | Lightrocket | Getty Images North Korean leader Kim Jong Un observed construction of […]
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Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy
The logo of South Korean shipbuilder Hanwha Ocean at their office building in Seoul, South Korea, October 15, 2025. Kim Hong-ji | Reuters Shares of South Korean firm Hanwha Ocean surged 10% Tuesday after U.S. President Donald Trump announced that the firm would help build new frigates for the country’s Navy. Speaking at a press […]
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