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Parts of European defense companies rally rally last Monday while investors raised their stakes that governments keep military spending.
Rheinmetall jumped 18 percent of Frankfurt, Bae systems exploded 14 percent of London and Leonardo increased 15 percent of Milan.
The sector-sector sector follows Sunday Summit to European leaders In London, as in the UK and France the SALVAGE attempts in the hope of a Ukrainian peace agreement starting with the explosive row of Voldommyr Zelenskyy in the Oval Office Friday.
Many leaders ask for inspirational spending after the Trump administration refuses to offer US security guarantees, which is regarded as a necessary disgrace in Russia.
“Events in the last days explain European leaders they need to raise defense spending,” says Tomasz Wieladek, an analyst at Asset Manager at Rowe T Rowe price.
Stoxx Europe Aerospace and Defense Index hit the records in the recording month with the mostly identification of the continent of the US Foreign Foreign Capacity because of the largest competition policy because the Trump administration is because Trump administration is due started with the most intimacy of the world’s strength.
This is an emerging story