Rheinmetall CEO on Demand, German Defense Spending

    The CEO of German defense giant, Rheinmetall, says there is huge demand for air defense systems and ammunition, as wars in the Middle East and Ukraine drag on. Armin Papperger also discussed Germany’s plans to scale up defense spending, and backed President Donald Trump’s call for Europe to do more to defend itself. (Source: Bloomberg)…

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    Kremlin-Proposed Victory Day Truce Collapses As Kyiv And Moscow Exchange Attacks

    A Kremlin-proposed cease-fire to mark Victory Day collapsed within hours, as Ukraine and Russia reported hundreds of violations a day before a scaled-down military parade in Moscow. “There was not even a token attempt at a cease-fire on the front,” Ukrainian President Volodymyr Zelenskyy said early on May 8, reporting Russian shelling, attempted assaults along…

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