New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

NATO To 'Trump-Proof' Ukraine Aid After Biden's Weak Debate Performance With $40B Annual Financial Pledge And New Post In Kyiv

Benzinga Neuro
July 02, 2024

In a bid to fortify long-term support for Ukraine, NATO is set to announce a series of measures, including the establishment of a new post in Kyiv, at an upcoming summit in Washington. This move is aimed at safeguarding Ukraine’s potential future NATO membership and countering the impact of a potential return of former President Donald Trump.

What Happened: The new measures include stationing a senior civilian official in Kyiv, creating a new command in Wiesbaden, Germany, to coordinate military equipment provision and training for Ukrainian troops, and establishing a $40 billion annual financial pledge of military support to Ukraine, according to The Wall Street Journal.

These initiatives, which have been in the works for several months, have gained urgency following President Joe Biden‘s recent weak debate performance and Trump’s criticism of U.S. spending on Ukraine.

"A big reason for the change is to Trump-proof the assistance effort to Ukraine," said Ivo Daalder, who served as the U.S. ambassador to NATO from 2009 to 2013. "Rather than having Washington in charge of managing the training and assistance, NATO will be in charge. So even if the U.S. reduces or withdraws support for the effort, it won't be eliminated."

See Also: Mark Cuban Asked ChatGPT To Analyze First Trump-Biden Debate And Judge The Duo’s Communication Skills, Pr

These changes are also seen as a response to the rise of right-wing political parties across Europe. By institutionalizing NATO’s role in Ukraine, the alliance aims to make military assistance to Ukraine less susceptible to policy shifts among its members.

Trump called Ukrainian President Volodymyr Zelensky “the greatest salesman ever” for convincing the U.S. to provide military support to Kyiv. He argued that the conflict in Ukraine posed a greater security challenge for European nations than to the U.S., citing the geographical distance across the ocean.

Why It Matters: The move by NATO to bolster its support for Ukraine comes amid escalating tensions with Russia. In June, NATO was reportedly considering deploying additional nuclear weapons in response to the growing threat from Russia and China. This development was seen as a significant escalation in the ongoing conflict between NATO and Russia.

Meanwhile, Russia has accused NATO of direct confrontation following the alliance’s continued expansion towards Russia’s borders. This situation was exacerbated by Russia’s intervention in Ukraine two years ago, aimed at preventing NATO from encroaching further.

Moreover, NATO allies have initiated plans to create a “drone wall” along their borders with Russia. This initiative, involving countries like Finland, Norway, Poland, and the Baltic states, aims to counter smuggling and other threats through advanced drone technology.

In April, NATO proposed a $107 billion fund to ensure sustained military support for Ukraine. This fund, aimed at making aid to Ukraine more sustainable, is seen as a measure to mitigate potential reductions in U.S. support if Trump were to return to office.

Read Next: Investors Predict Impact Of Potential Trump Presidency On Markets: ‘The Market Is Already Priced For That To Happen’

Photo courtesy: NATO

This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote

Continue Reading...

Popular

What's Going On With Nvidia Stock On Friday?

EU competition chief Margrethe Vestager noted a "bottleneck" in AI chip supply from Nvidia, but regulators haven't decided on actions. In another development, New Street Research analyst Pierre Ferragu downgraded NVDA from Buy to Neutral.

Wildfire Risk Forces Suncor To Shut Down Firebag Oil Sands Site: Report

Suncor Energy temporarily shuts down Firebag oil sands site due to nearby wildfire, stating no risk to other operations.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

Biden Out By August 19? - Ad

A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

Nagging Feeling That Something Is Off in America? - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad

See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

A cruise ship rescues 68 migrants and finds 5 bodies in a boat adrift in the Atlantic Ocean

MADRID (AP) — A cruise ship rescued 68 migrants and found five bodies in a wooden dinghy that was drifting off the Canary Islands in the Atlantic Ocean, Spain's maritime rescue agency said Thursday.

Stock market today: Asian shares mostly gain after Wall St rallies to new records

BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher.

July 29 Deadline: The No. 1 Monthly Dividend ETF - Ad

It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!

FDA Approves Expanded Use For Sarepta's Rare Muscular Dystrophy Gene Therapy

The FDA has approved Sarepta Therapeutics' Elevidys for treating Duchenne muscular dystrophy in patients aged 4 and older with specific DMD gene mutations.

The Presidential Candidate You Should Really Be Worried About - Ad

Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.

What's Going On With Ocean Power Technologies Stock After Hours?

Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to  to enhance Ocean Power's product offerings and drive innovation within the industry.

Boeing's CEO is scheduled to field questions about plane safety from U.S. senators

U.S. lawmakers are expected to press Tuesday about the company's latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners plan to be in the room, watching him.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.

State Street Technology ETF To Put Nvidia Before Apple In Revamp

Tech ETF to boost Nvidia exposure at Apple's expense, triggering billions in trading volume. Rebalance to reflect Nvidia's market value surpassing Apple's.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Canadian airline WestJet begins canceling flights as mechanics threaten to strike

Canadian airline WestJet has begun canceling some flights in anticipation of a strike by aircraft maintenance technicians, saying it wants to avoid having passengers and planes stranded if there is a walkout.

Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad

A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.

Ralph Lauren goes with basic blue jeans for Team USA's opening Olympic ceremony uniforms

NEW YORK (AP) — When walks with the world’s athletes at the they’ll be doing so in snappy tailored navy blazers from Ralph Lauren — and blue jeans.

What's Going On With Archer Aviation Stock?

Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:

Blundering Biden OUT As Dem Nominee? - Ad

Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.

What's Going On With Taiwan Semi Stock On Wednesday?

Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.

Trump Slams Fox News Following Latest Poll Results: 'Always Worst For Me'

In a recent public outburst, Donald Trump took a swipe at Fox News, following a poll that placed him behind President Joe Biden.

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service