The Ukraine war and expanding global conflict showered a windfall on German arms companies like Rheinmetall and TKMS, with some startups like Helsing becoming the upstarts of the weapons industry, and other legacy companies like Heckler & Koch even experiencing a dramatic reversal of fortunes.
A survey published on Monday by the European Council on Foreign Relations (ECFR) found that support for increased defence spending is highest in Poland and Denmark (70 percent), followed by Britain (57 percent), Estonia (56 percent) and Portugal (54 percent).
Over 56 percent of respondents polled by the opinion research institute Innofact said private investments in the arms industry were justifiable, in a significant change from 2022 when 53 percent of respondents still had reservations about investing in defence companies. Since then, the prospect of higher government defence spending in Germany and many other countries has driven many stocks to record highs.
Nicaragua argued that by providing political, financial and military support to Israel and by defunding the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), “Germany is facilitating the commission of genocide and, in any case has failed in its obligation to do everything possible to prevent the commission of genocide.”
