US companies continue to dominate the global arms trade – Report by European think tank ‘SIPRI’

US companies continue to dominate the global arms trade – Report by European think tank ‘SIPRI’

Stockholm: On the background of the ongoing war between Russia and Ukraine, the demand for arms at the international level seems to be increasing continuously. In 2022, 100 big companies in the defence sector have sold arms worth about $ 600 billion. US companies continue to dominate this business, and 42 US companies have earned […]

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Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Washington: Western defence companies have made the biggest gains from the Russia-Ukraine conflict, claims a US website. A website named ‘Defense News’ made public the list of the top 100 highest-earning companies in the defence sector in 2022. Over 50 US companies are included in these, and the information has come to the fore about […]

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US needs to urgently provide military assistance to Israel to prevent Iran from developing nuclear weapons – Retired US Army officers

US needs to urgently provide military assistance to Israel to prevent Iran from developing nuclear weapons – Retired US Army officers

Washington – A group of retired US army officials claimed that Iran is almost on the verge of developing a nuclear weapon which can cause instability and crisis in the Middle East. Israel is the only country which can stop this from happening. Hence the US must urgently provide the needed weapons to Israel. The […]

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US Arms Sales to NATO member states doubled in the wake of Russia-Ukraine conflict – claims ForeignPolicy magazine

US Arms Sales to NATO member states doubled in the wake of Russia-Ukraine conflict – claims ForeignPolicy magazine

Washington: In the wake of the Russia-Ukraine conflict, there has been a huge addition in arms sales from the United States to NATO member countries. The leading magazine ‘Foreign Policy’ claimed that in 2022, the value of US defence deals with NATO countries would be more than double compared to 2021. The article in ‘Foreign […]

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India-US CEO Forum will strengthen economic cooperation – Commerce Minister Piyush Goyal claims

India-US CEO Forum will strengthen economic cooperation – Commerce Minister Piyush Goyal claims

New Delhi: US Secretary of Commerce, Gina Raimondo, is visiting India. She is accompanied by a delegation of CEOs from the US industry. The delegation held a joint meeting with dignitaries of Indian industry. Speaking on the occasion, Commerce and Industry Minister Piyush Goyal firmly believed that the ‘India-US CEO Forum’ would strengthen economic cooperation […]

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Cyberwars with European nations, including Ukraine could be deadly – Russian hackers warn

Cyberwars with European nations, including Ukraine could be deadly – Russian hackers warn

Moscow/Kyiv: Russian hackers have warned that the ongoing cyberwar between Ukraine and supporting countries could be deadly. Even before the Russia-Ukraine conflict began, cyberattacks had started between the two countries. After the conflict started, Anonymous, the world’s largest hacker group, started attacking Russia in support of Ukraine. After that, a big cyber war erupted between […]

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China imposes sanctions against US arms companies

China imposes sanctions against US arms companies

Beijing: China announced sanctions against two US arms companies on selling weapons to Taiwan. The companies are Raytheon Technology and Lockheed Martin. This is the third time China has imposed sanctions against the US defence sector companies. Two weeks ago, the United States approved modernising Patriot Missiles System deployed in Taiwan. This agreement is worth […]

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Philippines to purchase 32 Black Hawk helicopters due to tensions with China  

Philippines to purchase 32 Black Hawk helicopters due to tensions with China  

Manila/Warsaw: – Philippines has accelerated the modernisation of its defence forces given the hegemonic Chinese activities in the South China Sea. On Tuesday, the Philippines signed an agreement with Poland to purchase 32 Black Hawk helicopters. This is the third extensive defence agreement signed by the Philippines in the last four months. Earlier, the Philippines […]

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