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(opens in new tab) reports.

Don't Miss

No Financing And No Demand: Chinese Refiners Run Into Trouble

By StevieRay Hansen

International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic,…

The World Has Gone Nuts High-Income Taxpayers Now Confronted At Home By IRS Agents

By StevieRay Hansen

They perverted justice among themselves (v. 7): “You turn judgment to wormwood, that is, you make your administrations of justice bitter and nauseous, and highly…

Will COVID-19 Lead To A Gold Standard?

By StevieRay Hansen

Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse,…

Deutsche Bank, Donald Trump, And An Epic Trail Of Destruction

By StevieRay Hansen

The Institutional Risk Analyst, we review the new book by David Enrich, “Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.” Enrich is…

“Tankers, Tankers. Everywhere!” – Virus Causes Historic’ Traffic Jam’ Across Asian Supply Lines

By StevieRay Hansen

Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down on its bearish oil take…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published.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