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European defense stocks rise by 1.4% following NATO’s increase in spending goal

European defense stocks rise by 1.4% following NATO's increase in spending goal

Balfour Beatty Wins £833 Million Contract for Groundbreaking Power Plant Balfour Beatty’s shares increased by 2.7% following the announcement that the company secured a contract worth £833 million to assist Net Zero Teeside Power in constructing the world’s first gas-fired power plant. This project is supported by BP and Equinor. The completed facility is anticipated […]

NATO’s goal of 5 percent of GDP falls short

NATO's goal of 5 percent of GDP falls short

The upcoming NATO summit may leave both US defense officials and fiscal conservatives feeling disappointed when it comes to defense spending as a percentage of gross domestic product (GDP). This metric, while seemingly straightforward, actually presents a complex issue. Despite President Trump’s efforts to encourage European allies to allocate 5% of their GDP to defense […]

How NATO’s ‘model intervention’ shattered Libya and Europe

In 2010, Muammar Gaddafi made a disastrous prediction about the future of Europe. While negotiating deals with Italy to prevent African immigrants from using Libya as a gateway to Europe, He warned: “Tomorrow, Europe may not be European anymore. As millions of people want to enter… I don't know if Europe will move forward and […]

NATO’s cracks show: Time for a controlled demolition?

When they were first built, the skyscrapers and other towering buildings are impressive. But it's time for structural weaknesses to increase the risk of collapse, injury or killing many people working in their daily business. Reinforcing a building sometimes works for a while, but often we reach a stage where things are most careful actions […]

NATO’s newest ally prepared to act as a ‘porcupine’ if Russia war comes

Sweden‘s civilian society must prepare “to fend for ourselves” in a war with Russia, according to a senior official, notwithstanding its recent leap into NATO. “There’s nothing showing that Russia is on a trajectory away from this,” Swedish Civil Defense Minister Carl-Oskar Bohlin told the Washington Examiner. “We need to prepare ourselves accordingly, and that […]

NATO’s third act: America asks European states to step up

Reports of the death of NATO are exaggerated. If former President Donald Trump wins back the White House in November and decides the United States should withdraw from the alliance, he would be unlikely to secure the backing of both chambers of Congress and two-thirds of the Senate. At most, a second Trump presidency would […]