Ukrainian President Volodymyr Zelensky met with several US defense contractors this week, including Raytheon, GE, and Lockheed Martin. A few days later, major defense companies raised their full-year profit estimates significantly.<\/p>\n
Spokespeople say that tariffs have no impact on demand for the defense industry. Naturally, Ukraine is seeking duty-free defense imports on defense products paid for by other countries.<\/p>\n
https:\/\/www.armstrongeconomics.com\/world-news\/war\/us-defense-contractors-raise-forecasts-after-zelensky-meeting\/<\/a><\/p>\n Pretty sure Trump will throw his hands up in the air with the whole affair soon, Putin will not give up Donbas , if if does then the Russian citizens there will be cut up and burnt once again, Z man has an open chequebook and his marching orders. Not expecting too much success from the Hungarian chit chat meeting.<\/p>\n <\/p>\n Trump has canceled plans for a Budapest summit with Putin, saying it would be a \u201cwaste of time.\u201d <\/span> The White House concluded that Russia is still clinging to its maximalist demands, including full control of the Donbas region, rejecting Trump\u2019s proposal to freeze the war along current frontlines. <\/span> A senior U.S. official said Secretary of State Marco Rubio\u2019s call with Lavrov showed that \u201cRussia\u2019s position has remained largely unchanged.\u201d <\/span> Trump told reporters he\u2019ll announce his updated Ukraine peace plan within 48 hours, insisting the war \u201cwill end.\u201d <\/span> The Kremlin, meanwhile, reiterated that no NATO troops can be part of any peace deal.<\/span><\/p>\n https:\/\/x.com\/i\/status\/1980817828749234573<\/a><\/p>\n BREAKING! Fire at the (Hungarian owned) MOL refinery in Bratislava, a major facility processing Russian oil. It\u2019s the third refinery incident in just two days.<\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Ukrainian President Volodymyr Zelensky met with several US defense contractors this week, including Raytheon, GE, and Lockheed Martin. A few days later, major defense companies raised their full-year profit estimates significantly. Spokespeople say that tariffs have no impact on demand … Continue reading