#Germany may allow the sale of fighter jets to Saudi Arabia after lifting last restrictions against arms trade.
"A December #poll, conducted by the Washington Institute for Near Eastern Affairs, a pro-Israel think tank based in Washington, found that 96 percent of Saudi nationals believe that Arab countries should cut ties with Israel in response to the war in Gaza, and that the popularity of Hamas has grown significantly amid Israel's devastating military offensive."
#Budget constraints or spending stimulus?
"#Germany’s Chancellor-to-be Friedrich Merz (after winning the recent election) has adopted the same story. In a complete about-face from his election campaign, when he opposed any extra fiscal spending in order to ‘balance’ the government books, he is now promoting a plan to inject hundreds of billions in extra funding into Germany’s military and infrastructure, designed to revive and re-arm Europe’s largest economy. A new provision would exempt defence spending above 1 per cent of GDP from the “debt brake” that caps government borrowing, allowing Germany to raise an unlimited amount of debt to fund its armed forces and to provide military assistance to Ukraine. And he plans to introduce a constitutional amendment to set up a €500bn fund for infrastructure, which would run over ten years. Suddenly, there is plenty of cash and borrowing to be made available for arms and military ventures."
https://thenextrecession.wordpress.com/2025/03/05/trumps-little-disturbance/
#rearmament #constitution #industry #arms #weapons #armsTrade #Europe #Ukraine #production #ammunitions #missiles #military #debt #austerity #stimulus #economy #tariffs #foreignTrade #commerce #exports #inflation
"Upon leaving politics in 2009, the well-connected and effortlessly Anglophone Merz became a senior counsel for Chicago-based law firm Mayer Brown and the supervisory council chairman of the German operations of BlackRock, the world’s largest asset manager."
by Dominik A. Leusder at Jacobin: https://jacobin.com/2025/05/germany-merz-chancellor-cdu-neoliberalism/
#recession #Germany #assetManagement #law #CDU #budget #austerity #Merkel #industrialPolicy #AngelaMerkel #FriedrichMerz #Merz #ReArmEurope #rearmament #EU #exports #mercantilism #neoliberalism #Jacobin
“The German government is misleading the public with an alleged delivery freeze while continuing to approve millions of dollars' worth of military equipment for Israel,” said Lea Reisner.
https://thecradle.co/articles-id/33447
#rearmament #armsExports #exports #arms #weapons #armsTrade #Germany #ammunitions #missiles #military #foreignTrade #commerce #genocideSupport #complicityInGenocide
Félicien Breton
Félicien Breton 🍉 🔻 🌱
