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European defence stocks down after report of freeze on new Ukraine military aid
Reuters ^ | 8/19/24 | Reuters

Posted on 08/19/2024 6:52:58 AM PDT by hardspunned

BERLIN, Aug 19 (Reuters) - European defence stocks fell on Monday, after the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper said on Saturday that the German finance ministry would not approve additional applications for Ukraine military aid due to budget constraints. A German government spokesperson reiterated Berlin's support for Ukraine for "as long as necessary" at a regular press conference on Monday, calling the FAS report "incorrect".

Shares in arms manufacturer Rheinmetall (RHMG.DE), opens new tab slumped to the bottom of Germany's blue-chip DAX index (.GDAXI), opens new tab, falling by as much as 5% before paring their losses by 1222 GMT, when they were trading 1.4% lower. Hensoldt (HAGG.DE), opens new tab, a maker of radars for the IRIS-T air defence system, and tank gearbox maker Renk (R3NK.DE), opens new tab were down by 4.2% and 3% respectively. European peers such as BAE Systems (BAES.L), opens new tab, Saab Ab (SAABb.ST), opens new tab, Thales (TCFP.PA), opens new tab and Leonardo (LDOF.MI), opens new tab fell between 1% and 4%.

(Excerpt) Read more at reuters.com ...


TOPICS: Foreign Affairs
KEYWORDS: defense; europe; killkillkillforpeace; mic; ukraine; welfarewar; zeepershasthesads; zeepersindespair
It’s all about MIC profits. This is more appropriate than when it was written 60 years ago. https://youtu.be/JEmI_FT4YHU?si=zGZIHlqELoSZZ8_M
1 posted on 08/19/2024 6:52:58 AM PDT by hardspunned
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To: hardspunned

https://youtu.be/JEmI_FT4YHU?si=GKJ2d2e0WFTeyVM9


2 posted on 08/19/2024 6:53:23 AM PDT by hardspunned (Former DC GOP globalist stooge )
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To: hardspunned

“It’s all about MIC profits.”

That’s clear to anyone paying attention. Sadly, there aren’t enough of us.


3 posted on 08/19/2024 6:59:01 AM PDT by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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The Germans may be out of the picture, but I've heard the raccoons will be sending an entire Hog Mobile Brigade to help Ukraine, just as soon as they defeat the possums...

4 posted on 08/19/2024 7:09:49 AM PDT by Who is John Galt? ("...mit Pulver und Blei, Die Gedanken sind frei!")
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To: hardspunned

Have you noticed that when posting in “Body of Comment” the links don’t work, but when you reply to yourself the links do?

It’s kind of a bug in the system.


5 posted on 08/19/2024 7:10:28 AM PDT by packagingguy
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To: hardspunned

The invasion of Russia by Ukraine and the admission by Ukraine that it was responsible for the blowing up of the NordStream pipeline have weakened European support for the war. The realization that Ukraine is leading them off a cliff by widening the war scares the Hell out people. The Europeans don’t want a direct confrontation with Russia.


6 posted on 08/19/2024 7:10:45 AM PDT by kabar
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To: hardspunned

Nice knowing that no matter what happens, the USA got sucked for well over $100 billion that we and our kids will never see, and never be able to pay.

Another neocon failure. Nothing but dead people and finacial failure... once again.

Then the Ukraine HARPIES (mostly foreigners, crypto-globalists, retreads and FR mystery-meat) wonder why people hate them.

Pox on all your houses.... you literal pieces OS.


7 posted on 08/19/2024 7:22:39 AM PDT by AAABEST (That time Washington DC became a corrupted, existential threat to us all...)
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To: hardspunned

Huh….

It’s almost like there’s no money in it for them now that the Biden Crime Family is out of it.


8 posted on 08/19/2024 7:24:04 AM PDT by blueunicorn6 ("A crack shot and a good dancer” )
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To: hardspunned

“It’s all about MIC profits. This is more appropriate than when it was written 60 years ago.”

Agree, back then there was actually a real threat to the country. Now it’s just a matter delaying the end of the Globohomo/Environmentalist Empire’s attempt to take over the world.


9 posted on 08/19/2024 7:38:17 AM PDT by BobL
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To: brownsfan; hardspunned

“It’s all about MIC profits.”

>>>>>>>>>>>>>>

The only thing that keeps Russia (temporarily) afloat economically is its MIC profits from the war. Thus... Russian workers are happy about their Military Industrial Complex. Russia cares about its workers. Being pro-MIC in Russia is a national duty there.

But... in the meantime... in partly Woke America... there are a few people who are self-hating their army and the American Military Complex...
America’s MIC is in good shape as well and the American worker is happy and proud of that. Well, I’m siding with the American worker’s point of view here.

And yes, the vast majority of the billions that have been authorized by Congress for Ukraine, actually stays in America for the American industry and the American worker. Is that bad?

Are we going to whine about giving jobs for the American worker?
Or shall we be positive about it?

Russians are celebrating their own MIC.
American patriots are celebrating their own MIC as well. Logic.


10 posted on 08/19/2024 7:48:59 AM PDT by USA-FRANCE
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To: USA-FRANCE

“And yes, the vast majority of the billions that have been authorized by Congress for Ukraine, actually stays in America for the American industry and the American worker. Is that bad?”

Yes, yes it is bad. If the best way we can find to employ people is to make weapons to kill people in another land, I can’t condone that.


11 posted on 08/19/2024 7:54:19 AM PDT by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: USA-FRANCE

“Are we going to whine about giving jobs for the American worker?”

Who’s this “we”, Froggy?


12 posted on 08/19/2024 8:18:30 AM PDT by rxh4n1 ( )
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To: brownsfan

“Yes, yes it is bad. If the best way we can find to employ people is to make weapons to kill people in another land, I can’t condone that.”

Hundreds of billions poured down the Ukraine rathole, while everything at home crumbles. They’ll brag about how the money is really spent here, but it only benefits a few and the money could be put to better uses.


13 posted on 08/19/2024 8:24:04 AM PDT by rxh4n1 ( )
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To: hardspunned

The more war the more money the cabal of elites and MIC get to access and steal from national treasuries. They need an excuse to pull endless money from the Fed printing machines and then secretly give it to cronies who politically corrupt countries. Look around at the USA and every day it is obviously more indebted, deteriorated and corrupted. Then they will take trillions from us to rebuild what they destroyed in other countries. Rebuild the USA not other countries!


14 posted on 08/19/2024 8:30:42 AM PDT by apoliticalone (We need real justice not fictitious SOCIAL JUSTICE & DEI that is politics & propaganda, not justice.)
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To: rxh4n1

Again, the vast majority of those billions dollars aren’t going to Ukraine, they stay in America for the American Industry. You know this.


15 posted on 08/19/2024 8:36:27 AM PDT by USA-FRANCE
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To: USA-FRANCE

Well YOU show ME how it helps ME then, cause it eludes ME at this time.


16 posted on 08/19/2024 9:46:37 AM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: USA-FRANCE

“Again, the vast majority of those billions dollars aren’t going to Ukraine, they stay in America for the American Industry. You know this.”

Stuff it. What are you worried about? It’s not your money wasted.


17 posted on 08/19/2024 1:06:33 PM PDT by rxh4n1 ( )
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