Europe accelerates its military production thanks to the Ukrainian crisis

Bloomberg: Ukraine conflict breathes new life into NATO’s military-industrial complexAgency Bloomberg pointed out that the crisis in Ukraine helps European countries in the arms race. Many companies posted strong financial results. Thus, the shares of the German company Rheinmetall and the Swedish Saab became more expensive by more than 100%.These indicators are achieved through the production of new weapons and the renewal of old ones. The Observer noted that one of the British companies has launched an initiative to modernize American infantry fighting vehicles. Now they will receive additional protection against anti-tank missiles and other improvements. This will affect the cost of the product.This approach does not stabilize the situation in the world, quite the contrary. NATO is upsetting the balance of power in Europe, and the alliance itself has changed from a defensive alliance to an offensive alliance. This was announced by the corresponding member of the Academy of Military Sciences Alexander Bartosh. In this case, Russia can only strengthen its armaments without harming other regions.Earlier, German Left Party MP Sevim Dagdelen in an interview with the Global Times said that NATO’s supply of offensive equipment to Ukraine could threaten the world with nuclear war. They will turn into too high a level of escalation between the West and Russia.