Defense
Congress Republicans seek $27 billion for Golden Dome in Trump tax bill: Reuters
A view of the US Capitol building ahead of US President Donald Trump’s address to a joint session of Congress in Washington, DC, on March 4, 2025. Alex Wroblewski | AFP | Getty Images Republicans in the U.S. Congress plan to introduce a sweeping $150 billion defense package that will give an initial $27 billion boost […]
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European Central Bank should only cut interest rates once more this year, IMF Europe head says
This photo taken on Jan. 30, 2025 shows the European Central Bank ECB headquarters in Frankfurt, Germany. Zhang Fan/Xinhua via Getty Images The European Central Bank should only enact one more quarter percentage point interest rate cut this year despite wider risks to economic growth, the International Monetary Fund’s Europe chief said Wednesday. “We have […]
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Hegseth shared information ahead of Yemen strikes in a Signal chat with wife and brother
Defense Secretary Pete Hegseth used his personal phone to send information about U.S. military operations in Yemen to a 13-person Signal group chat, including his wife and his brother, two sources with knowledge of the matter confirmed to NBC News. He did so after an aide had warned him to be careful not to share […]
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Musk’s SpaceX is frontrunner to build Trump’s ‘Golden Dome’ missile shield: Reuters
FILE PHOTO: Elon Musk gives a tour to U.S. President-elect Donald Trump and lawmakers of the control room before the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024 . Brandon Bell | Via Reuters Elon Musk’s SpaceX and two partners have emerged as frontrunners to […]
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European and Asian defense stocks have rallied this year. A lack of trust in the U.S. could be driving those gains
Asian and European defense stocks have been outperforming their U.S. counterparts. Guvendemir | E+ | Getty Images A quote from the 2008 TV series “Star Wars: The Clone Wars” goes: “Wars are not won with superior weapons, but with superior strategy.” However, the strategy now in the markets, it seems, is investing in weapons — […]
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Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
Armin Papperger, Chairman of the Executive Board of Rheinmetall AG, stands at the annual press conference at Group headquarters. Picture Alliance | Picture Alliance | Getty Images European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn. U.S. President Donald Trump showed no signs of […]
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Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s government is under growing pressure to let the country’s $1.8 trillion sovereign wealth fund invest in certain defense […]
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U.S. reaffirms commitment to Taiwan as Beijing conducts live fire drills in East China Sea
A Taiwanese military corvette sails as a Navy soldier stands guard on a vessel, during a Navy Drill for Preparedness Enhancement ahead of the Chinese New Year, amid escalating Chinese threats to the island, in Keelung, Taiwan, 7 Jan, 2022. Ceng Shou Yi | Nurphoto | Getty Images The U.S. on Wednesday reaffirmed its commitment […]
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These European defense stocks have gained more than 100% on EU spending plans — and they could have further to climb
European defense stocks have surged in recent months as geopolitical tensions prompt regional officials to ramp up spending on national security. In Germany, lawmakers have passed a historic debt reform , paving the way for a huge splurge on defense, while U.K. Prime Minister Keir Starmer has pledged to hike Britain’s national spend on defense […]
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Pentagon’s Hegseth says US command in ‘warrior’ Japan being upgraded to deter China
MANILA, PHILIPPINES – MARCH 28: U.S. Defense Secretary Pete Hegseth (L), with Chief of Staff of the Armed Forces of the Philippines General Romeo Brawner Jr., inspect honor guards during his visit at Camp Aguinaldo on March 28, 2025 in Quezon city, Metro Manila, Philippines. U.S. Defense Secretary Pete Hegseth is in the Philippines, focusing […]
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