“German Business Outlook Brightens as Recession May Be Dodged”
“Germany’s business outlook brightened further as the recession many had feared after Russia attacked Ukraine looks increasingly likely to be avoided.
A gauge of expectations by the Ifo institute rose to 86.4 in January from 83.2 the previous month. That’s the fourth consecutive improvement and a bigger increase than economists had anticipated. A measure of current conditions slipped, however.”
“Replacing weapons and other equipment NATO countries sent to Ukraine could lead to nearly $22 billion in sales for the U.S. defense industry, according to a report from the think tank Foundation for Defense of Democracies.
The FDD’s Center on Military and Political Power also said that restoring the NATO allies’ arsenals could also lower the Pentagon’s cost of obtaining weapons.
“It would also enhance the quality of the weapons U.S. warfighters wield and strengthen U.S. defense industrial base capacity,” the authors of the report added.”