U.S. Faces Critical Shortage of Patriot Missiles in Europe

Featured Story

U.S. Supplies Are at a Premium, Major Contributors Claim They Are Short on Interceptors, and New Manufacturing Won’t Arrive Until It’s Too Late…

Europe is in a mad dash to give Patriot interceptors to a beleaguered Ukraine, which is rushing to beef up its ballistic missile defenses in anticipation of Russia’s anticipated winter attack.

Ukraine is in dire need of interceptors—hundreds upon hundreds—but the United States’ supply has been severely curtailed due to the war with Iran, and other prominent European allies of Ukraine have stated that they have very few interceptors remaining that they can provide without fear of retaliation.

Last week, Mykhailo Fedorov, a former defense minister of Ukraine, made the statement that Russia has been firing more missiles at his country every week than it receives from its allies in a month. According to the Ukrainian defense ministry, only 29 out of 195 Russian ballistic missiles were intercepted in July, while another 40 were unable to reach their intended targets.

“The U.S. military is experiencing a ‘beyond critical’ shortage of advanced missile interceptors in Europe largely driven by President Donald Trump’s war with Iran, raising concerns about vulnerabilities in NATO countries to a potential Russian attack,” the Associated Press reports.

Don't Miss

Liquidation: Stocks, Bonds, Bullion, & Bitcoin All Puked

By StevieRay Hansen

Well that really did escalate quickly… Today had the feeling of ‘liquidation’ (similar to March) as big-tech stocks (growth/value rotation), bitcoin, bonds, and bullion were all…

Day-Traders Send US Producer Prices Soaring In July

By StevieRay Hansen

US Producer prices were expected to rise MoM following four declines in the last five months and they did, rising 0.6% MoM (double the expected…

S&P Futures Hit All Time Highs On Stimulus, Vaccine Hopes; Gold, Silver Tumble

By StevieRay Hansen

S&P 500 futures hit a record high as investors shrugged off continuing U.S.-China tensions and instead focused on news of an approved, if largely unclear,…

Nasdaq Tumbles Into Red, Erases Vaccine Spike As ‘Memo Meltdown’ Continues

By StevieRay Hansen

All major US equity indices spiked in the early hours overnight on the back of optimistic vaccine headlines from Russia. However, while Russell 2000 futures…

The Economy Is Mortally Wounded

By StevieRay Hansen

A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. Read more12 Signs That The Economy Is Seriously…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *