Latest
on top (updated regularly):
December 3
***
#Russian
economy in crisis as #arms exports collapse by over 90% and mass
bankruptcies loom.
The country has "failed" as
an arms exporter, with a leading Putin ally warning the defence
sector faces mass bankruptcies over high interest rates.
https://www.express.co.uk/news/world/1983671/russian-economy-arms-exports-collapse
***
Is South
#Korea’s rejection of Ukraine’s #weapons request due to Trump or
public objection?
S Korea is wary of doing so due to its
laws. Additionally the opposition parties have threatened to impeach
the defence minister if weapons were sent to #Ukraine.
https://www.scmp.com/week-asia/politics/article/3288984/south-koreas-rejection-ukraines-weapons-request-due-trump-public-objection
Why South Korea Is Still Afraid To Provide Weapons To
Ukraine. Article clearly lists arguments for Government and
Opposition.
https://zn.ua/eng/why-south-korea-is-still-afraid-to-provide-weapons-to-ukraine.html
***
Glimpse of
the weapons and sensors to be fitted on the new #Pakistani naval
vessels built by Dutch company #Damen Shipyards show the navy has
signed contracts with #Thales, #MBDA and #Rheinmetall, Intelligence
Online reports. [paywall]
https://www.intelligenceonline.com/international-dealmaking/2024/12/03/pakistan-navy-s-discreet-contracts-with-mbda-and-thales-revealed,110347032-art
***
#Chip war
ramps up with new #US restrictions on China.
Biden administration broadens limits on
#Chinese access to advanced microchip technology, with Donald Trump
expected to go even further.
#Dutch government follows US policy in
respect to #ASML.
https://www.theguardian.com/us-news/2024/dec/03/joe-biden-china-microchip-export-restrictions-law-changes
#China has announced it will block
exports to the #US of critical raw materials, including gallium and
germanium, in response to the Biden administration's increased export
controls targeting the Chinese chip industry.
https://thechinabrief.substack.com/p/breaking-china-blocks-exports-of
https://english.news.cn/20241203/82640469de9b4334a8b896880720afda/c.html
***
Turkey? Bombed Kurds more than 4.000 times since the beginning of 2024. https://x.com/Osint613/status/1861016513123148169
Saudi Arabia? Photo internal bombing Awamiya (https://www.middleeasteye.net/news/not-aleppo-shock-extent-destruction-saudi-shia-town) as example:
***
#Japan’s shift from a very restrictive policy to active promotion of #arms production & sales reflects its broader strategy. Japan’s industry still faces hurdles. Companies remain reluctant to invest in export-oriented production for several reasons. https://www.rusi.org/explore-our-research/publications/commentary/japans-defence-budget-surge-new-security-paradigm
December 2
***
The Dutch
group #Damen and the #Romanian state-owned company 2MMS agreed to
terminate the association contract signed in 2018 for the shared
operation of #Mangalia Shipyard (Santierul Naval 2 Mai).
https://www.romania-insider.com/damen-pulls-out-mangalia-shipyard-december-2024
***
ARI Arms wins
historic $26 million contract to supply OR-4 assault rifles to IDF,
replacing Tavor rifles and standardizing infantry weaponry as Israel
pushes to bolster domestic arms production and reduce reliance on
imports. https://www.ynetnews.com/business/article/rkkg00myxjl
***
Edinburgh-based
investment firm, Baillie Gifford, a #Scottish firm has given
financial backing to an #AI weapons start-up founded by a US tech
billionaire who has links to Donald Trump.
https://theferret.scot/baillie-gifford-investment-sparks-ai-weapons-debate/
***
Madrid boosts
funding for #ICC and #UNRWA. The #Spanish government has also taken
steps to limit arms exports to Israel and recognized “Palestine”
as a state in May, in a coordinated move with #Ireland and #Norway.
https://www.jns.org/madrid-boosts-funding-for-icc-and-unrwa/
***
We don't know
about transports to #Israel of our F-35 components. "The global
distribution of #F35 components is controlled by the US
Government-led F-35 programme," Maria Eagle "Pilatus",
#UK Minister of State for Defence said.
https://ukdefencejournal.org.uk/uk-clarifies-role-in-f-35-component-transfers-to-israel/
***
Russian
President Putin signed off the country’s new budget.
Around 32.5% of the 2025 budget —
€119 bn — has been allocated for national defense, up from
a reported 28.3% in 2024, according to a document posted on a
government website, AP reported.
https://www.politico.eu/article/putin-russia-budget-moscow-record-defense-spending-kremlin-war-ukraine/
***
Retweet
@SIPRIorg: World’s top arms producers
see revenues rise on the back of wars and regional tensions. The arms
revenues of the SIPRI #Top100 companies totalled $632 billion in
2023, +4.2% from 2022. New #SIPRI data on the #ArmsIndustry is
available now:
https://www.sipri.org/media/press-release/2024/worlds-top-arms-producers-see-revenues-rise-back-wars-and-regional-tensions