European Defense Stocks Slide As Trump-Zelensky Peace Talks Show Progress [zero hedge]
RHEINMETALL AG UNSP/ADR (RNMBY)
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Source: zero hedge
European Defense Stocks Slide As Trump-Zelensky Peace Talks Show Progress European defense stocks moved lower on Monday after President Trump and Ukrainian President Volodymyr Zelensky made progress in talks aimed at ending the Russia-Ukraine conflict. On Sunday evening, after the talks, Trump told reporters, "I do think we're getting a lot closer, maybe very close." Zelensky told reporters the peace talks were a "really great discussion" in which U.S.-Ukraine security guarantees were "100% agreed" upon. He added, "We agree that security guarantees are a key milestone in achieving lasting peace." Zelensky said Trump will host another meeting next month with Ukrainian and European officials to advance a peace deal that is nearing completion. Trump confirmed that he spoke with Russian President Vladimir Putin ahead of the Zelensky talks and plans to hold another call with Putin. The full summary of the Trump-Zelensky "great meeting" is available here . The Goldman Sachs European Defense
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