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☆ Defense stocks in an ESG portfolio? A profound — and controversial — shift seems to be underway
▼ + stars: | 2024-09-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.

Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England

A third teenager has been arrested in connection with a foiled attack on now-canceled Taylor Swift concerts in Vienna. The foiled attack was planned for Thursday or Friday, according to Austria’s interior minister, Gerhard Karner. Taylor Swift fans gather in Vienna. Authorities display a photo of a man arrested in connection with a plot to attack Taylor Swift's Eras Tour in Vienna, Austria. The U.S. State Department and the broader U.S. government have been in contact with Austrian officials about the alleged plot, State Department spokesperson Matthew Miller said.

Persons: Taylor Swift, Gerhard Karner, Karner, Ernst Happel, Thomas Kronsteiner, Karl Nehammer, “, ” Nehammer, it’s, ” Swift, Sadiq Khan, We’re, ” Khan, Swift, ’, Southport , England Peter Powell, ”, Omar Haijawi, Franz Ruf, Taylor, Roland Schlager, Pirchner, Matthew Miller, “ Taylor, Pedro Gomes, TAS24, Elle, Magnus Ranstorp Organizations: Austrian, Authorities, Islamic State, Investigators, Ernst, London’s Wembley, London, Manchester Arena, Getty, Islamic, of State Security, Intelligence, Ministry of, Interior, CIA, U.S . State Department, State, ” Barracuda, Barracuda Music, Estadio da Luz, Las, Strip, Swedish Defense University, Associated Press Locations: Vienna, al Qaeda, Europe, Gelsenkirchen, Austria, Ariana Grande, Manchester, England, Southport , England, AFP, Ternitz, Austrian, Lisbon, Portugal, United Kingdom, Stockholm

☆ Western air bases that host Ukraine's F-16s are 'legitimate' targets for Russia, says Putin
▼ + stars: | 2024-03-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Putin said Western air bases hosting F-16 fighter jets will be "legitimate" targets. AdvertisementRussian President Vladimir Putin warned that Western air bases hosting F-16 fighter jets for Ukraine will be "legitimate" targets for the Kremlin's forces, according to The Associated Press. The AP noted that Western air bases may be used by Ukraine when it gets the jets, because they require high-standard runways and also protective hangars. Russia has a far superior air force to Ukraine, but Ukraine has been able to deny Russia from entering its air space through its use of air defense systems. But Ukraine is warning that its air defense munitions are running out, particularly with further aid from the US blocked by House Republicans.

Persons: Putin, —, Vladimir Putin, Lockheed Martin, it's, Joakim Paasikivi Organizations: Service, Associated Press, Lockheed, US Air Force's, AP, NATO, House Republicans, Air Locations: Swedish, Ukraine, Russian, Russia, Europe

☆ Nordic countries are struggling to fly planes because Russian jamming is screwing with GPS: report
▼ + stars: | 2024-02-27 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Countries bordering Russia in northern Europe are reporting GPS jamming, The Barents Observer said. Russian electronic warfare is believed to be responsible, the report added. AdvertisementRussian electronic warfare appears to be jamming GPS for ships and planes in the far north of Europe. It added that GPS disturbances were reported by airliners and air ambulances flying from Kirkenes and other towns in the far northeast of Norway. AdvertisementPolice and national authorities told the Barents Observer that GPS jamming could impact emergency services.

Persons: —, Dagens Næringsliv, Joakim Paasikivi, Trond Eirik Nilsen Organizations: Barents Observer, West, Service, Norwegian Communication Authority, Russia, The Telegraph, Business, NATO, Swedish Defense University, Swedish, SVT, Advertisement Police, Finnmark Police Locations: Russia, Europe, Russian, Norway, Finland, Ukraine, Kirkenes, Finnmark, Poland, Baltic, Kaliningrad

☆ Russia may be stepping up its jamming attacks on NATO countries to 'learn and test' them, general says
▼ + stars: | 2024-02-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Russia may be behind a rise in jamming attacks on neighboring countries, a top general said. AdvertisementRussia may be behind a surge in jamming attacks on neighboring countries with the goal of experimenting with them, a senior NATO general said. Herem's guess is that Russia is testing its electronic warfare systems on neighboring countries in anticipation of a future confrontation with NATO. Advertisement"Russia has demonstrated its electronic warfare capabilities elsewhere, not just in Ukraine and the Baltic countries," Herem told the outlet. Joakim Paasikivi of the Swedish Defense University said at the time that the interference in neighboring countries was probably caused by Russia.

Persons: Martin Herem, —, Herem, Joakim Paasikivi, Paasikivi, Jukka Savolainen, Elon Musk's, haven't Organizations: Bloomberg, Service, Estonian Defense Forces, NATO, Institute for, Swedish Defense University, SVT, Finnish Center of Excellence, Warfare, Space Watch, Elon, KU Locations: Russia, Finland, Poland, NATO, Ukraine, Baltic, Swedish, Leer

☆ Russia's electronic warfare is so intense, it may be messing up GPS signals in nearby countries: ISW
▼ + stars: | 2024-01-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewRussia's electronic warfare units are so widespread, they may be causing havoc with GPS signals in nearby countries, according to a report. The Institute for the Study of War, a US-based think tank, said that recent disruptions to GPS signals in Poland and the Baltic area have sparked rumors about the use of Russian electronic warfare systems nearby. AdvertisementThere was also speculation the interference could've been caused by secret NATO exercises or by Russian electronic warfare units in Russia's Kaliningrad enclave on the Baltic coast, said the ISW. Joakim Paasikivi of the Swedish Defense University told Swedish broadcaster SVT that the interference was likely a result of Russian hybrid warfare. Russia's electronic warfare units have played a pivotal role in its invasion of Ukraine, diverting drones and missiles by remotely scrambling the GPS coordinates and other electronic signals that enable them to be guided to their targets.

Persons: —, Joakim Paasikivi, Paasikivi, Jukka Savolainen Organizations: Service, Business, NATO, Soviet Union, Swedish Defense University, Swedish, SVT, Finnish Center of Excellence, Warfare Locations: US, Poland, Russia's Kaliningrad, Baltic, Kaliningrad, Lithuania, Russia, Germany, Soviet, Russian, Swedish, Kaliningrad Oblast, Ukraine

STOCKHOLM (AP) — Sweden on Tuesday reported partial damage to an undersea telecommunications cable in the Baltic Sea running to Estonia that authorities believe occurred at the same time as damage to an undersea gas pipeline and telecom cable from Finland to Estonia. Finland launched an investigation into possible sabotage after reporting the damage to its gas pipeline to Estonia last week. Finnish and Estonian gas system operators on Oct. 8 said they noted an unusual drop in pressure in the Balticconnector pipeline after which they shut down the gas flow. The Finnish government on Oct. 10 said there was damage both to the gas pipeline and to a telecommunications cable between the two NATO countries. Later Tuesday, Estonian Defense Minister Hanno Pevkur said that the exact reason for the failure of the cable between Sweden and Estonia still needs to be clarified.

Persons: Carl, Oskar Bohlin, Bohlin, “, Pål Jonson, ” Pål Jonson, Hanno Pevkur, Pevkur, Ulf Kristersson, Kristersson Organizations: STOCKHOLM, —, Civil Defense, Baltic News Service, Swedish Defense, Estonian, NATO, Swedish Locations: — Sweden, Baltic, Estonia, Finland, Sweden, Swedish, Estonian, Hiiumaa, Ukraine, Germany, Russia, Danish, Bornholm, Denmark

☆ Gripen fighters built to battle Russian jets are on the table for Ukraine, but only if Sweden gets to join NATO, Stockholm says
▼ + stars: | 2023-10-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Sweden is asking its military to explore the prospects of sending Ukraine its Gripen fighter jets. But there won't be any transfer until Stockholm joins NATO, its defense minister said. Citing Russia's invasion of Ukraine, Sweden and neighboring Finland first announced their intentions to join NATO over a year ago, breaking away from decades of neutrality. The Gripen was designed to take on Russian fighter jets and features electronic-warfare capabilities built to counter the radars in Moscow's aircraft and ground-based air-defense systems. Even if Sweden decides to send Gripens to Ukraine, it would be many months before they actually reach the battlefield.

Persons: —, Pål Jonson, — Gen, Micael, Jonson, JAS, Saab JAS, PATRICK TRAGARDH, Volodymyr Zelenskyy, Sukhois, Gripens Organizations: Gripen, NATO, Service, Swedish Armed Forces, Swedish Defense, Sweden, Saab, Getty, Kyiv, Swedish Air Force, Ukrainian Air Force, Royal United Services Institute Locations: Sweden, Ukraine, Russia, Stockholm, Swedish, Finland, Turkey, Hungary, Lulea, AFP, Kyiv, Russian

☆ Spain wins first game since World Cup glory as opponent Sweden joins protest before match
▼ + stars: | 2023-09-23 | by ( Kevin Dotson | Issy Ronald | ) edition.cnn.com time to read: +3 min

The victory comes after a tumultuous month following former Royal Spanish Football Federation (RFEF) president Luis Rubiales’ unwanted kiss on Jennifer Hermoso during the title celebrations. Amid the ongoing fallout, La Roja found a way past Sweden in the UEFA Nations League game, clinching victory at almost the last possible moment as Mariona Caldentey scored from the penalty spot deep into injury time. Earlier this week, 20 players named to the national team reiterated their refusal to play the game against Sweden. England and Scotland players wore similar wristbands during their own UEFA Nations League game on Friday, once again displaying the solidarity among female soccer players that has been evident throughout the month-long scandal. Spain's players celebrate after winning their UEFA Nations League match against Sweden.

Persons: Luis Rubiales, Jennifer Hermoso, Roja, Mariona Caldentey, ’, “, ” Athenea del Castillo, Magdalena Eriksson, Jonathan Nackstrand, Del, Zećira Mušović, Eva Navarro, La Roja, Lina Hurtig, Amanda Ilestedt, Caldentey Organizations: CNN — Spain, Royal Spanish Football Federation, UEFA Nations League, Sweden, Scotland, Reuters, Getty Locations: Sweden, England, Spain, AFP, Spanish

Ukraine breached Russia's defensive line on Wednesday and was able to deploy vehicles past it. It was a major achievement, but analysts said Russia would respond with a harsh counterattack. It was a major dent in the so-called "Surovikin Line", but there are more layers of defense to go. AdvertisementAdvertisement"This is the first major crack in their defense … of course, the Russians should be worried," he said. An official cited by the state-run RIA Novosti agency said that Ukraine had tried to breach Russia's lines but was forced to retreat.

Persons: Marina Miron, Franz, Stefan Gady, Gady, Michael Kofman, Kofman, — Johan Huovinen Organizations: Service, Ukrainian, Department of, King's College London, Street, Institute for International Strategic Studies, Carnegie Endowment, International Peace, Swedish Defense University, RIA Locations: Ukraine, Russia, Wall, Silicon, Verbove, Zaporizhzhia

☆ Australia’s fairytale home Women’s World Cup ends in defeat to Sweden in third-place playoff
▼ + stars: | 2023-08-19 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —It has been a history-making, game-changing Women’s World Cup for Australia, but the Matildas’ participation in the tournament ended in a 2-0 defeat to Sweden in the third-place playoff on Saturday. Still, this match marked new frontiers for women’s soccer in Australia following a World Cup which has seen soccer mania grip the nation as the Matildas achieved its best ever result in the tournament. For Sweden, finishing third is a familiar way to end the World Cup, having done so in 1991, 1995 and 2019, and it marks a brighter end to the tournament after a heartbreaking loss to Spain in their semifinal’s dying moments. Sweden dominatesSweden had the better of the early exchanges, forcing the Matildas off the ball and dominating possession. Justin Setterfield/Getty ImagesRolfö stepped up and coolly prodded the ball into the side netting, inches beyond Arnold’s outstretched fingertips, and gave Sweden a 1-0 lead.

Persons: Fridolina, Kosovare Asllani, Blackstenius, Mackenzie Arnold, Fridolina Rolfö, Justin Setterfield, Rolfö, Filippa Angeldal, Arnold, Zećira, Sweden's Amanda Ilestedt, Australia's Hayley Raso, Amanda Perobelli, halve, Claire Polkinghorne’s, Sam Kerr – Organizations: CNN, Australia, Sweden Locations: Sweden, Australia, Brisbane, Spain, Asllani

☆ Europe's arms spending on Ukraine boosts defense companies
▼ + stars: | 2023-03-09 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

London CNN —After months of soaring stock prices, Europe’s defense companies hardly needed another boost. But a tentative €2 billion ($2.1 billion) European Union plan to procure ammunition for war-torn Ukraine may provide just that. Speaking in Stockholm Wednesday, Ukraine’s Defense Minister Oleksii Reznikov said his country needed one million rounds of ammunition “as soon as possible” to deter Russian forces. A final decision is expected on March 20 when EU foreign and defense ministers meet in Brussels. In early February, the bloc announced that it would inject another €545 million ($575 million) into its €3.6 billion ($3.8 billion) military assistance fund for Ukraine.

☆ Giving Ukraine fighter jets is 'difficult' because we need them, says Sweden's defense minister
▼ + stars: | 2023-02-22 | 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 EmailGiving Ukraine fighter jets is 'difficult' because we need them, says Sweden's defense ministerSwedish Defense Minister Pål Jonson told CNBC's Silvia Amaro that giving Ukraine fighter jets is "difficult," because Sweden needs them "to maintain [its] territorial integrity."

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ Losses in Ukraine are 'out of proportion' to what NATO has been planning for, the alliance's top general says
▼ + stars: | 2023-02-05 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

NATO leaders have been worried by the heavy casualties and massive ammunition usage in Ukraine. "The scale of this war is out of proportion with all of our recent thinking," NATO's top general said in January. Now the scale and intensity of the fighting in Ukraine has raised questions about the alliance's ability to fight a big-unit war against Russia. "Scale, scale, scale," US Army Gen. Christopher Cavoli, NATO's Supreme Allied Commander Europe, told a Swedish defense conference in January. That Moscow is buying artillery shells from North Korea suggests that Russia's military is no shape to fight NATO and Ukraine.

☆ Germany sending Leopard tanks to Ukraine, ending rift among Western allies
▼ + stars: | 2023-01-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +6 min

Ukrainian military leaders have said they need hundreds of the tanks to break through Russian defenses. Germany has more than 300 active Leopard tanks and more in storage. Several countries use Leopard tanks, including Canada, the Netherlands and Sweden. “The question is whether 100 tanks of different varieties will be enough to eject Russian forces from Ukraine. The deployment of Leopard tanks was the most significant, he said, because of its conventional diesel-powered engine, as opposed to the Abrams tanks, which are powered by jet fuel.

☆ Finland’s top diplomat hints at joining NATO without Sweden
▼ + stars: | 2023-01-24 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

Finland’s top diplomat appeared to suggest Tuesday that the country may have to consider joining NATO without Sweden after Turkey’s president cast serious doubt on the expansion of the military alliance. Haavisto later backpedaled, telling reporters in Parliament that his comment earlier Tuesday had been “imprecise” and that Finland’s ambition to join NATO jointly with Sweden remained unchanged. “But of course there have been raised concerns within NATO on how the (recent) incidents in Sweden will affect the schedule,” Haavisto said. Until now, Sweden and Finland have been committed to joining the alliance together, but Haavisto’s comment to YLE raised concerns that Finland was considering proceeding without its Nordic neighbor. “Sweden respects the agreement between Sweden, Finland and Turkey regarding our NATO membership.

☆ Turkey cancels Swedish defence minister visit after protest permit
▼ + stars: | 2023-01-21 | by ( ) www.reuters.com time to read: +1 min

Andy Commins/Pool via REUTERSISTANBUL, Jan 21 (Reuters) - Turkish Defence Minister Hulusi Akar said on Saturday that a planned visit by his Swedish counterpart to Ankara has been cancelled after Swedish authorities granted permission for protests in Stockholm. "At this point, the visit of Swedish Defense Minister Pal Jonson to Turkey on January 27 has become meaningless. So we cancelled the visit," Akar said. Swedish Defence Minister Jonson had planned to travel next week to Ankara at the invitation of his Turkish counterpart as the Nordic country hopes to nudge Turkey to ratify its bid to join NATO. The necessary things needed to be done, measures should have been taken," Akar said according to a statement by Turkish defence ministry.

A blast hit an airbase inside Russia on Tuesday, the latest in a series of apparent Ukrainian drone attacks that showcase an ability to strike at the heart of Russian territory and suggest a new boldness in Kyiv's fight against Moscow's war. An airfield at Kursk in southwest Russia, near the Ukrainian border, was ablaze on Tuesday morning, with regional governor Roman Starovoit saying the incident was the result of a drone attack. The Engels base houses Russia's strategic bombing fleet of tu-160 and tu-95 planes, which have been used on long-range bombing missions to Ukraine and can be adapted to carry nuclear weapons. "It’s important from a morale point of view that some Russian strategic resources are being targeted." Russia has the firepower to carry on bombing Ukraine, he added.

☆ Ill-equipped Russian soldiers with only days of training are dying in combat: 'these guys are just literally cannon fodder'
▼ + stars: | 2022-10-17 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Russia's military has made it a priority to quickly recoup the number of soldiers it has to fight. Mobilization efforts have resulted in soldiers with little training being sent to the front lines. Some of these recruits had less than 10 days of training, the Times reported. "They are giving them at best basics and at worst nothing and throwing them into combat, which suggests that these guys are just literally cannon fodder," William Alberque, a specialist in the Russian armed forces, told the Times. One user on social media claimed Russian soldiers were living in "inhumane conditions" and had to provide themselves with food, the Times reported.

CNN —Leaders of several Western countries have said leaks in two Russian gas pipelines are likely the result of sabotage, vowing a strong response as investigations continue. “The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented,” said the pipeline’s operator Nord Stream AG. The incident has sank any remaining expectations that Europe could receive gas via Nord Stream 1 before the winter, as gas prices soar and countries hunt for alternative energy supplies. Russia halted all gas supplies to Europe via Nord Stream 1 in August, blaming Western sanctions for causing technical difficulties – which European politicians say is just a pretext to stop supplying gas. The new Nord Stream 2 pipeline had not yet entered commercial operation.

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