What are the economics of war?
Last March, Thierry Breton, the EU's commissioner for internal market, advocated for a shift of the European defense industry toward a war economy.
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Last March, Thierry Breton, the EU's commissioner for internal market, advocated for a shift of the European defense industry toward a war economy.
Seoul, South Korea CNN —
“The types of weapons South Korea can provide Ukraine are the ones that can make breakthroughs in the current stalemate on the front lines,” said Park Won-gon, a professor at South Korea’s Ewha Womans University, specialising in international relations.
Russia planned to assassinate the CEO of a major German arms manufacturer that provides artillery ammunition and armored vehicles to Ukraine, but the plot was uncovered and disrupted by U.S. and German authorities, according to a U.S. official and a source with knowledge of the matter.
Analysts say that pact would lay the framework for arms trade between the two countries and facilitate their anti-US and anti-West coalition.
President Vladimir V. Putin of Russia will travel to North Korea for a two-day visit starting Tuesday to meet with one of the main arms suppliers for his war against Ukraine.
North Korea has sent containers to Russia that could hold nearly 5 million artillery shells and Russian President Vladimir Putin is likely to seek even more when he soon visits Pyongyang, South Korea’s defence minister said.