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Stock impact report

Germany rearms as war in Ukraine threatens security and U.S. presses Europe to shoulder more of its defense [CBS News]

RHEINMETALL AG UNSP/ADR (RNMBY) 
Company Research Source: CBS News
declaration that followed earlier warnings from Russian President Vladimir Putin that if Europe engaged in a wider war, it would be defeated. Nearly four years in, the conflict continues to send shockwaves through the Western alliance. European nations are beefing up their defenses. Nowhere is the impact more profound than in Germany. Scarred by their country's Nazi past, Germans embraced pacifism after the Cold War. Defense spending collapsed to the point some soldiers were buying their own gear. But Russia's full-scale invasion of Ukraine – combined with persistent pressure from President Donald Trump for Europe to shoulder more of its own defense – transformed the landscape. Today, Germany is racing to rearm. This past month, we were invited by the Bundeswehr, the German military, to observe basic training at the Munster Army Base in northwest Germany. A squad of recruits ran punishing drills, honing the skills they would need to defend their position against an enemy assault. Th Show less Read more
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