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☆ Spain to send Patriot missiles to Ukraine amid mounting pressure from EU and NATO allies, report says
▼ + stars: | 2024-04-26 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

It follows Ukraine's urgent plea to NATO for more air defense systems. AdvertisementIt comes after German defense minister Boris Pistorius hit out at Spain and Greece for not having sent their Patriot systems to Ukraine. Spain has decided not to send any of its launchers for the Patriot system to Ukraine, however, the El Pais report said. It currently has three Patriot systems, all purchased from Germany in 2004 and 2014, the report added. "However, from the very beginning, we stated that we cannot give out defense systems that are crucial for our deterrence capabilities," he added.

Persons: —, El, Boris Pistorius, Volodymyr Zelenskyy, Putin, Zelenskyy, El Pais, Kyriakos Mitsotakis, Olaf Scholz, Scholz Organizations: NATO, Service, EU, Spanish Ministry of Defense, Business, Patriot, Telegraph, Patriots, El Locations: Spain, Ukraine, El Pais, Spanish, Turkish, Syrian, Greece, Germany, Soviet, Ukrainian

☆ Goldman Sachs names 4 global defense stocks to watch as geopolitical risks rise
▼ + stars: | 2024-04-18 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Several countries have been beefing up their defense budgets in light of mounting geopolitical tensions, and Goldman Sachs has named several European stocks to play the theme right now. European defense stocks "have closely tracked super-cycles and are now "trading at peak multiples (20x 12-month forward price-to-earnings) vs history," which translates to a 45% premium to the benchmark Stoxx 600 index , the bank's analysts noted. Stocks Goldman's analysts said they "increasingly favour stocks exposed to long-term secular growth themes with superior visibility on growth." Other stocks with an exposure to the defense industry on Goldman's buy-rated list include aerospace names Rolls-Royce Holdings (also on its "conviction list") and Airbus . The bank has increased its 12-month price target on the stock by close to 60% to 606 euros, giving it nearly 13.4% upside potential.

Persons: Goldman Sachs, Victor Allard, Goldman, — CNBC's Michael Bloom Organizations: Stocks, Thales, Royce Holdings, Airbus, Rheinmetall

☆ Ukraine's military chief warns of 'significantly' worsening battlefield situation in the east
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +6 min

Ukraine's military chief on Saturday warned that the battlefield situation in the industrial east has "significantly worsened in recent days," as warming weather allowed Russian forces to launch a fresh push along several stretches of the more 1,000 km-long (620-mile) front line. It has increasingly used satellite-guided gliding bombs — which allow planes to drop them from a safe distance — to pummel Ukrainian forces beset by a shortage of troops and ammunition. Starting last month, Moscow renewed its assault on Ukrainian energy facilities. At least 10 of the strikes damaged energy infrastructure in Kharkiv, Ukraine's second-largest city. In the winter of 2022-2023, Russia took aim at Ukraine's power grid in an effort to deny civilians light and heating and chip away at the country's appetite for war.

Persons: Oleksandr Syrskyy, Vladimir Putin, Syrskyy, Bakhmut, Bohdanivka, Olaf Scholz, Volodymyr Zelenskyy, Putin, Dmytro Kuleba, Oleh Syniehubov Organizations: Power Plant, Russian Defense Ministry, Saturday, Ukraine's, Ukraine's Defense, German Defense Ministry, Patriot, Foreign, Energy, Kremlin, Kyiv Locations: Kharkiv, Kharkiv Region, Ukraine, Moscow, Donetsk, Lyman, Pervomaiske, Pokrovsk, Bakhmut, Russia, Congress, Germany, Russian, Berlin, Kyiv, Cherkasy, Zhytomyr, Ukraine's, Lviv, Kupiansk

☆ Russia's military is 'almost completely reconstituted' as it goes into overdrive to shore up losses in Ukraine: US official
▼ + stars: | 2024-04-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Reports differ on how well Russia is faring in revitalizing its bleeding military after heavy losses in Ukraine. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRussia has "almost completely" reformed its military capabilities after taking heavy losses in Ukraine, a top US official said on Wednesday. He said Moscow suffered initial setbacks during the Ukraine war but has "retooled and now poses a threat to Ukraine." Related storiesIn the wake of those losses, Russian leader Vladimir Putin has sent his nation's military-industrial complex into overdrive, focusing its economy on producing shells, weapons, and equipment.

Persons: Kurt Campbell, —, Campbell, Moscow, It's, Vladimir Putin, ILYA PITALEV, Boris Pistorius, Volodymyr Zelenskyy, Mike Johnson, CNAS Organizations: Service, Center, New, NATO, Russian, SPUTNIK, Getty, German, Royal United Services Institute, Kyiv, US State Department, Business Locations: Russia, Ukraine, New American, Washington, Europe, China, Saint Petersburg, Lithuania, London, Moscow, Russian

☆ Russia keeps threatening world leaders when they go to Ukraine. What happens if someone gets hurt?
▼ + stars: | 2024-03-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

In the two years since Russian President Vladimir Putin launched his full-scale invasion, allied dignitaries visiting Ukraine have been harried by strikes — and in one case, a drone — in the cities they've visited. "Definitely, I think Russia has been trying to be quite aggressive and intimidate Western leaders," he told Business Insider. President Joe Biden with Ukrainian President Volodymyr Zelenskyy during an unannounced visit to Kyiv, Ukraine, on February 20, 2023. NATO's principle of collective defense — Article 5 — doesn't apply to armed attacks in this scenario as they would not be in NATO space, Loss told BI. Russia is 'greasing' a slippery slopeRussia is testing NATO's attitude to risk, Loss told BI, and the incidents involving leaders visiting Ukraine can be read as part of a much wider strategy of provocations.

Persons: —, Kyriakos Mitsotakis, Mitsotakis, Vladimir Putin, they've, Joe Biden's, Josep Borrell, António Guterres, Frank, Walter Steinmeier, Cristian Nitoiou, Joe Biden, Volodymyr Zelenskyy, Evan Vucci, Annalena Baerbock, scurrying, Nitoiou, Rafael Loss, Ukraine's, we've, JOHN THYS, Emmanuel Macron's, Putin Organizations: Service, Business, Reuters, UN, UK's Loughborough University, European Union, German Defense, European Council, Foreign Relations, NATO, Getty Locations: Russia, Ukrainian, Odesa, Mitsotakis, Ukraine, Kyiv, United States, Russian, Mykolaiv, Moscow, Poland, Baltic, Polish, AFP

“What we are in now is a production war,” a senior NATO official told CNN. “The number one issue that we’re watching right now is the munitions,” the NATO official said. There is also a limit to Russian production capacity, officials say: Russian factories will likely hit a peak sometime in the next year. “If we were talking about this last fall, we would have talked about how they were targeting critical infrastructure,” the NATO official said. “In the short term — say, the next 18 months or so — it may be unsophisticated, but it’s a durable economy,” the NATO official said.

Persons: ”, Abrams, “, — “, Joe Biden, Inna Varenytsia, it’s, Putin’s, Steven Basham, “ It’s, Maxym, Russia’s ‘, Basham Organizations: CNN, Army, NATO, ”, Reuters, Ukraine, European Command, US Army, ” Intelligence, US European Command, Pentagon Locations: Russia, Europe, Ukraine, Kyiv, Ukrainian, Avdiivka, that’s, Iran, North Korea, Kreminna, Germany, Pennsylvania , Iowa, Texas, Moscow, Tehran, Bohorodychne, Donetsk, Russian

☆ Leaked audio obtained by Russian spies reveals Germany considered giving Ukraine missiles to destroy key Crimean bridge: WSJ
▼ + stars: | 2024-03-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The officials were discussing plans to send Ukraine missiles that could destroy the Crimean bridge. AdvertisementLeaked audio obtained by Russian spies and later broadcast by the Russian state-controlled news network RT on Friday shows that top German officials were discussing plans to possibly send Ukraine long-range missiles that can take out the key Crimean bridge. Senior German officials confirmed the authenticity of the audio to The Wall Street Journal. The leaked audio does not confirm that Germany was definitively going to send Taurus missiles to Ukraine. "We demand explanations from Germany," Maria Zakharova, the Russian Foreign Ministry's spokesperson, told TASS, the Russian state news agency.

Persons: —, Ingo Gerhartz, it's, Olaf Scholz, Scholz, Gerhartz, Maria Zakharova Organizations: Ukraine, Service, Senior, Wall Street, The, Associated Press, Taurus, Russia —, Russian Foreign, TASS Locations: Germany, Russian, Ukraine, Kerch, European

☆ Germany to investigate after leaked recording emerges of secret army talks on Ukraine
▼ + stars: | 2024-03-02 | by ( Sophie Tanno | Xiaofei Xu | ) edition.cnn.com time to read: +2 min

CNN —Germany says it will investigate after a recording leaked of a conversation between several top-ranking German officers on the country’s Ukraine war strategy. A spokesperson of the German Defense Ministry confirmed to CNN the recording was authentic. “According to our assessment, a conversation in the air force sector has been intercepted. The Kerch bridge has been a targeted for Ukraine throughout the conflict. Alexey Pavlishak/ReutersGermany has been resisting sending the weapons to Kyiv, fearing they could be used for attacks on Russian territory.

Persons: CNN —, Margarita Simonyan, Olaf Scholz, ” Scholz, Alexey Pavlishak, Maria Zakharova, Roberich, ” Organizations: CNN, German Defense Ministry, Ukraine, Reuters, Russian Foreign, Christian Democratic Union, ZDF, Deutsche Welle Locations: CNN — Germany, Ukraine, Kerch, Crimean, Russia, Rome, Reuters Germany, Moscow, Germany, Russian

☆ Opinion: Trump’s making America irrelevant to Europe
▼ + stars: | 2024-02-21 | by ( David A. Andelman | ) edition.cnn.com time to read: +8 min

He formerly was a foreign correspondent and bureau chief for The New York Times in Europe and Asia and for CBS News in Paris. CNN —Madeline Albright famously called America the “indispensable nation.” Is former President Donald Trump making America the irrelevant nation? The first steps toward a new direction for such a Europe — without America — are already being taken. Dursun Aydemir/Anadolu/Getty ImagesVon der Leyen has also said that upping European defense production would be a top priority for her second term — not to mention sorting through vastly divergent budgets of the various countries. Still, as a bloc, Europe at about 85 billion euros ($92 billion) has already passed the United States at 66.2 billion euros ($71.6 billion) in total commitments to Ukraine.

Persons: David A, Madeline Albright, Donald Trump, Alexey Navalny’s, Vladimir Putin, Mike Johnson, Johnson, Joe Biden, ” haven’t, Mette Frederiksen, ” Frederiksen, Ursula von der Leyen, Europe’s, Christine Wormuth, Peter, Paul, Kaja Kallas, Dursun, Leyen, Emmanuel Macron’s, Macron, David Lammy, unflinchingly, who’s, ” Kallas, Alar Karis, ” Karis, we’re, Der Spiegel, ” Organizations: CNN, French Legion of, The New York Times, CBS News, Trump, Republicans, NATO, Security, Danish, America, Africa Command, Getty, Germany’s Kiel Institute, US, Union, Munich Security Conference, British, Labour Party, Estonian, Politico Europe, Kremlin, “ Locations: Europe, Asia, Paris, America, Russia, Russian, Ukraine, “, United States, Munich, Berlin, Brussels, Poland, Estonian, Anadolu, Belgium, Germany, Italy, Netherlands, Turkey, France, Russia’s, Sweden, Britain, German

☆ Spending 2% on defense 'can only be the start of it,' says Germany's Boris Pistorius
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpending 2% on defense 'can only be the start of it,' says Germany's Boris PistoriusSpeaking on a panel hosted by CNBC's Silvia Amaro at the Munich Security Conference, German Defense Minister Boris Pistorius discussed NATO's 2% investment target and geopolitical risks around the world.

Persons: Boris Pistorius, CNBC's Silvia Amaro Organizations: Munich Security Conference, German

It does not participate in NATO’s nuclear planning group. Talk of a European nuclear umbrella has come from, among others, German members of the European Parliament. But Chancellor OIaf Scholz and other top security policy officials believe there is no alternative to NATO’s nuclear umbrella. NATO’s nuclear deterrence relies in part on U.S. warheads deployed in Europe using local infrastructure. NATO conducts a major nuclear exercise every year to ensure its readiness and to act as a deterrent to any would-be aggressor, primarily Russia.

Persons: Donald Trump, Jens Stoltenberg, that’s, ”, United Kingdom –, ” Stoltenberg, “, Emmanuel Macron, OIaf Scholz, Boris Pistorius, shouldn’t, who’s, Trump, Joe Biden, Stoltenberg, ” Pistorius, Robert Habeck, ___ Moulson, Sylvie Corbet Organizations: NATO, German, Republican, Welt, Washington, Associated Locations: BRUSSELS, United States, Europe, Ukraine, U.S, Brussels, North America, France, United Kingdom, Russia, European, Berlin

☆ NATO: Record 18 states expected to meet 2% defense spending threshold this year
▼ + stars: | 2024-02-14 | by ( James Frater | Joshua Berlinger | ) edition.cnn.com time to read: +2 min

CNN —Eighteen of NATO’s 31 members are expected to spend at least 2% of their GDP on defense this year, the treaty organization’s leader said on Wednesday. “That is another record number and a six-fold increase from 2014 when only three allies met their target,” NATO Secretary-General Jens Stoltenberg said Wednesday ahead of a meeting between the alliance’s defense ministers in Brussels. Former US President Donald Trump, who is running for reelection in November, brought renewed scrutiny to the issue of defense spending among NATO members last weekend, when he said at a rally he would encourage Russia to do “whatever the hell they want” to any NATO member country that doesn’t meet spending guidelines on defense – effectively undercutting the collective defense clause at the heart of the treaty. The German Defense Ministry said Wednesday that its 2024 budget will see its defense spending meet the 2% threshold for the first time since the early 1990s. NATO as a whole is expected to reach the 2% threshold for the first time this year.

Persons: Jens Stoltenberg, Donald Trump, –, Stoltenberg, ” Stoltenberg, ” Organizations: CNN, NATO, Allies, German Defense Ministry Locations: Brussels, Russia, Canada, Germany

A Russian military transport plane carrying 65 Ukrainian prisoners of war, six crew and three people accompanying them crashed on Wednesday morning in Russia’s Belgorod region near Ukraine, Russia’s Defense Ministry said. The authorities were investigating the cause of the crash, and a special military commission was on the way to the crash site, the Defense Ministry said. The Russian Defense Ministry said that air defenses shot down four Ukrainian drones over the Oryol region of western Russia early Wednesday. The German defense ministry announced Wednesday that it plans to send six SEA KING Mk41 multi-role helicopters from Bundeswehr stocks to Ukraine. Since the beginning of the war military deliveries from Germany have amounted to around 6 billion euros ($6.52 billion), including substantial anti-aircraft and air defense systems, the government said.

Persons: Volodymyr Zelenskyy, ” Zelenskyy, Oleh Syniehubov, Yuri Parakhin, Vyacheslav Gladkov Organizations: Russia’s Defense Ministry, Defense Ministry, Twitter, Russian Defense Ministry, Oryol, Gov, SEA Locations: Russia’s Belgorod, Ukraine, Russian, Kyiv, Kharkiv, Russia, U.S, Washington, Moscow, Iran, North Korea, Oryol, Ukrainian, Belgorod, United States, Germany, russia, ukraine

☆ Leaked German military documents laid out a doomsday scenario where Russia wins in Ukraine then invades Europe
▼ + stars: | 2024-01-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewLeaked German military documents describe a chilling scenario where Russia wins in Ukraine and then goes to war with NATO. The Baltic states and their neighbors. Google MapsThe end goal would be to move Russian troops into the Suwałki Gap, Bild reported, citing the documents. If occupied by Russia, it would cut the Baltic states off from other parts of Europe. Under the scenario obtained by Bild, NATO would fight Russia to prevent it from occupying the gap.

Persons: —, Axel Springer, Vladimir Putin, Putin, Joe Biden's, Jacek Siewiera Organizations: Service, Russia, NATO, Business, Bild, Germany's Defense Ministry, Google, Defense Ministry, Kremlin Locations: Ukraine, Russia, Eastern Europe, Baltic, Estonia, Lithuania, Latvia, Belarus, Kaliningrad, NATO's, Europe, US, Russian

“It can be assumed that the 1 million rounds will not be reached,” Boris Pistorius said ahead of an EU defense ministers meeting in Brussels. In March, EU member states agreed to provide Ukraine with 1 million rounds of artillery ammunition for Ukraine to be delivered within 12 months. The US has also been ramping up ammunition production to supply Ukraine. Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv urgently needed the EU to ramp up its ability to supply ammunition for the Ukrainian military. Ukraine is “ringing the bells a lot and loudly” over EU ammunition supply, he said on national television on Monday night.

Persons: ” Boris Pistorius, Pistorius, Josep Borrell, Borrell, Boris Pistorius, Omar Havana, Dmytro Kuleba, “, ”, ” Nick Witney, Tom Waldwyn, Waldwyn Organizations: CNN, EU, German, South Korea’s National Intelligence Service, Ukraine’s, European Council, Foreign Relations, International Institute for Strategic Studies Locations: Ukraine, Kyiv, Russia, Brussels, EU, Ukraine’s, South, North Korea, Europe

No decision on a ground offensive has been announced, although Israel has been massing troops along the Gaza border 3. Israeli military spokesman Read Adm. Daniel Hagari said Saturday Israel had so far identified 126 captives. GERMANY TO START EVACUATING CITIZENS FROM ISRAELBERLIN — The German army will start evacuating its citizens from Israel with military airplanes. Hezbollah said its fighters struck several Israeli military positions in the disputed Chebaa Farms and Kfar Chouba hills in the afternoon. ISRAELI MILITARY ANNOUNCES IT IS PREPARED FOR ‘COORDINATED’ OFFENSIVEJERUSALEM — The Israeli military says it has prepared a “coordinated” offensive in the Gaza Strip involving air, ground and naval forces.

Persons: Israel, Lloyd Austin, “, Israel —, ”, Yifat Zailer, Zailer, Read, Daniel Hagari, Hezbollah’s, Ali Youssef Alaaeddine, Alaaeddine, ERDOGAN'S, Recep Tayyip Erdogan, Bilal Erdogan, Suleyman Soylu, Mustafa Sentop, ” Erdogan, Sentop, Khalil Hachem, Rabad Akoum, ” Israel, Ismail Haniyeh, ” Haniyeh, Haniyeh, Mohammad Abu Selim, Medhat Abbas, Hakan Fidan, Sameh Shoukry, IT'S, ROME —, “ We’ve, Antonio Tajani, Tajani, —, ” Tajani, TT, Tobias Billström, Elina Valtonen, Hossein Amirabdollahian, Saleh Arouri, Ziad Nakhaleh, Amirabdollahian Organizations: United Nations, Gaza, United States Defense, TEL, ISRAEL BERLIN —, Hamas, Lufthansa, BEIRUT —, Associated Press, AP, Ministry, Sunday, South, MEDIA, BEIRUT, National News Agency, OFFICIAL, EGYPT BEIRUT —, OF, Gaza —, Shifa, Health Ministry, FROM, Romania — Romania’s Ministry of Foreign Affairs, Israel, NORDIC, FROM ISRAEL HELSINKI, Nordic, Helsinki Airport, Iran’s, Manar, Islamic, Hezbollah Locations: Gaza City, Israel, Gaza, Egypt, Israeli, Lebanon, ISRAEL, SYRIA, TEL AVIV, Syria, Golan, GERMANY, Germany, Jordan, BEIRUT, Palestinian, ISTANBUL ISTANBUL, Istanbul, United States, Tel Aviv, Dubai, South, Lebanese, Chebaa, Kfar Chouba, JERUSALEM, EGYPT BEIRUT, GAZA, Shifa, FROM ISRAEL, TURKEY, ISTANBUL, Turkish, Embassy, Turkey, BUCHAREST, Romania, Romanian Embassy, ITALY, ROME, Italian, Rome, FINNS, Finland, Sweden, Helsinki, Stockholm, Swedish, Stockholm’s Arlanda, Beirut, Hezbollah’s, Amirabdollahian, Iran, Iraq, Jihad

☆ German defense contractor postpones IPO on eve of debut
▼ + stars: | 2023-10-05 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

German defense contractor Renk on late Wednesday announced it would indefinitely postpone its initial public offering on the Frankfurt Stock Exchange scheduled for the following morning. "In the past days, the market environment has clouded noticeably," the company said in a statement, providing no further details. Shares were set to be offered in a price range between 15 euros ($15.77) and 18 euros, with a total placement volume between 405 million and 486 million euros. It reported an increase in audited gross profit from 124.5 million euros to 164.8 million euros in the fiscal year ending on Dec. 31 2022. European bourses had a mixed first half of the year, with funds raised through listings on the Paris Stock Exchange plunging 92%, while the London Stock Exchange held steady.

Persons: Renk, Susanne Wiegand, bourses, Susannah Streeter, Hargreaves Lansdown Organizations: Frankfurt Stock Exchange, CNBC, Triton, Reuters, Paris Stock Exchange, London Stock Exchange, Schott Pharma, Hargreaves Locations: Augsburg, Germany, Ukraine, Frankfurt

☆ Hensoldt CFO: Multi-domain operations enabling Ukraine to withstand Russian invasion
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHensoldt CFO: Multi-domain operations enabling Ukraine to withstand Russian invasionChristian Ladurner, CFO at Hensoltdt, discusses the German defense industry and shares his outlook for a shifting defensive environment.

Persons: Christian Ladurner Organizations: Hensoltdt Locations: Ukraine

☆ The war in Ukraine is pushing Russia away from its WWII-style artillery strategy, and experts say it's 'a concerning trend'
▼ + stars: | 2023-09-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Russia and Ukraine have relied heavily on artillery to batter each other's forces. AdvertisementAdvertisement"This is a concerning trend, as over time it will likely significantly improve Russian artillery," write the report's authors, Jack Watling and Nick Reynolds. Russian artillery doctrine is still largely based on extensive analysis of World War II data to determine how many shells were needed to achieve a specific effect. REUTERS/Maxim Zmeyev"First, Russian forces lack the ammunition to sustain this volume of fire," the RUSI report said. According to the RUSI report, Russia continues "to rely heavily" on multiple-launch rockets, 120-mm mortars, and "other imprecise systems," and "corner-cutting in the production of its munitions is becoming apparent."

Persons: Jack Watling, Nick Reynolds, ANDREY KRONBERG, —, Stalin, Operation Bagration, Maxim Zmeyev, Andrey Rusov, Katyusha, Michael Peck Organizations: Service, Britain's Royal United Services Institute, Getty, REUTERS, Russian Defense Ministry, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Wall, Silicon, Western, Moscow, Volgograd, AFP, Berlin, Russian, Saratov, US, Soviet, Forbes

☆ After Ukraine's success with US-made HIMARS, European militaries are looking for their own rocket artillery
▼ + stars: | 2023-07-22 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Other European countries are pursuing their own rocket artillery, buying HIMARS or building new systems. Sovfoto/Universal Images Group via Getty ImagesMultiple launch rocket systems have been around since World War II, when the legendary Soviet Katyusha battered Nazi forces. But Russia adapted and moved its command and supply centers out of HIMARS range, though at the price of compromising some efficiency. Rocket artillery can't replace howitzers, which offer some advantages, such as the ability to fire barrages continuously for hours. Still, rocket artillery is certain to join howitzers as the backbone of Western artillery.

Persons: Lockheed Martin, HIMARS, PATRIK STOLLARZ, Biden, ATACMS, salvoes, Jakub Porzycki Organizations: Russia, Service, Rheinmetall, Defense News, Lockheed, Getty, US State Department, Army Tactical Missile Systems, Ukraine, Storm, Nazi, Anadolu Agency, Russian, GPS Locations: Wall, Silicon, Ukraine, Germany, Munster, AFP, Poland, France, Soviet, Warsaw, Russia

☆ Retired US general and former CIA chief says Putin's Ukraine invasion has 'made NATO great again'
▼ + stars: | 2023-07-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

David Petraeus told CNN that Putin's invasion was a "catastrophically bad decision for his country." "He set out to make Russia great again, and really has made NATO great again," Petraeus said. The retired general had led US forces in Iraq and Afghanistan before serving as CIA director. Petraeus told CNN in March 2022 — a month after the invasion — that he thinks the Russian army "clearly have very poor standards when it comes to performing basic tactical tasks." And in February, Petraeus told CNN that it's now clear Putin is waging a ruthless war of attrition in Ukraine.

Persons: David Petraeus, Petraeus, Vladimir Putin's, Putin, CNN's Jake Tapper, James Stavridis, Stavridis, — Organizations: CNN, NATO, Service, CIA, MSNBC, US Army Locations: Russia, Iraq, Afghanistan, Wall, Silicon, Ukraine, Vilnius, Lithuania

☆ German defense minister: Future of Ukraine is in NATO
▼ + stars: | 2023-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGerman defense minister: Future of Ukraine is in NATOBoris Pistorius, the German defense minister, speaks to CNBC's Steve Sedgwick at the NATO summit in Vilnius, Lithuania.

Persons: NATO Boris Pistorius, Steve Sedgwick Organizations: NATO Locations: Ukraine, Vilnius, Lithuania

☆ China and Taiwan loom large behind Ukraine at NATO summit
▼ + stars: | 2023-07-11 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Seoul, South Korea CNN —The presence of four Asia-Pacific leaders at the NATO summit this week suggests that Ukraine is not the only major security issue on the agenda of the European-North American defense alliance. For its part, China says Taiwan is an internal matter and it sees no role for countries in the region, let alone NATO members, to be interfering. Japanese Prime Minister Fumio Kishida waves before departing on a government plane on July 11, 2023, for the NATO summit. US President Joe Biden meets with NATO Secretary General Jens Stoltenberg in the Oval Office of the White House on June 13, 2023. “NATO is a regional alliance of Europe and North America, but the challenges we face are global,” he wrote, noting the summit invitations for the Pacific leaders.

Persons: Jens Stoltenberg, ” Stoltenberg, ”, “, Wang Wenbin, Fumio Kishida, Yoon Suk Yeol, Anthony Albanese, Chris Hipkins, Fumio, Stoltenberg, Joe Biden, Kim Sun, Yoon, Alex Wong, Emmanuel Macron, Boris Pistorius Organizations: South Korea CNN, NATO, Foreign Affairs, Communist Party, Communist, Foreign, CNN, Japanese, Australian, New Zealand, Pacific ., Kyodo, US Institute of Peace, Pacific, White, South Korean, White House, NHK, Pacific . British, German Locations: Seoul, South Korea, Asia, Pacific, Ukraine, Beijing, China, Taiwan, Japan, Europe, South, Vilnius, Lithuania, “, lockstep, Paris, North American, France, Tokyo, North America, Guam, Canadian, American, Berlin

Germany will announce new support packages for Ukraine during the upcoming NATO summit in Vilnius, Lithuania, German Defense Minister Boris Pistorius said Monday. The preliminary work is "practically completed," Pistorius said during a joint press conference with his French counterpart Sebastien Lecornu in Berlin. Pistorius added that he expects the NATO summit will be "very united" and that it "must be, in light of the current situation." While pre-summit discussions have strengthened his hope, Pistorius said he is watching the issue of Sweden's accession to NATO and "how Turkey and Hungary will act." Lecornu said it was key for the allies that Sweden becomes a NATO member "as quickly as possible."

Persons: Boris Pistorius, Pistorius, Sebastien Lecornu, Lecornu Organizations: Ukraine, NATO, German Locations: Germany, Vilnius, Lithuania, Berlin, Turkey, Hungary, Sweden

☆ Cluster munitions: US to send munitions banned by over 100 nations to Ukraine after months of debate
▼ + stars: | 2023-07-07 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +6 min

Over 100 countries, including the UK, France, and Germany, have outlawed the munitions under the Convention on Cluster Munitions, but the US and Ukraine are not signatories to the ban. Ryder said the Russians have been using cluster munitions with a dud rate of as high as 40%. Biden reluctant at firstBiden was reluctant at first, officials told CNN, given how many countries worldwide have banned the munitions. It is not clear whether the heavy amount of artillery ammunition the Ukrainians have been expending day-to-day would be sustainable without the cluster munitions if the counteroffensive drags on, officials and military analysts said. Russia’s Ambassador to Belarus Boris Gryzlov said the US decision was “a move of desperation.”“As part of the continued assistance to the Kiev regime, Washington is considering the possibility of sending cluster munitions to Ukraine.

Persons: Jake Sullivan, Biden, “ I’m, ” Sullivan, “, It’s, Joe Biden, Colin Kahl, Boris Pistorias, ” Biden, Patrick Ryder, Kahl, Ryder, Belarus Boris Gryzlov, ”, ” Gryzlov Organizations: CNN, National, Patriot Missile, Pentagon, Defense Department, Munitions, Ukraine, Cluster Munitions, Rights Watch, Foreign, Department of Defense Locations: Ukraine, Russia, France, Germany, Berlin, China, U.S, United States, Belarus, Kiev, Washington, Russian, Ukrainian

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