European Defense Expansion 'Deal of the Century' says Ash
"Europe and Ukraine has leverage" with the United States, says Timothy Ash, Senior EM Sovereign Strategist at RBC Bluebay Asset Management. The need for military expansion in Europe represents a "huge new market," for American defense companies, he adds. "It's not about finance," Ash argues, Europe lacks "the ability to manufacture high-tech kit." (Source: Bloomberg)
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