Leaders of the European Union have voted to approve a plan to dramatically increase defense spending. The move is a reaction to the U.S. reducing its support for Ukraine in the war against Russia’s invasion. We go to Brussels to understand the ramifications.
And we hear what the series of recent developments in the relationship between the U.S. and Ukraine could mean for peace talks with Russia.
Which money is an accounting mechanism for.
What this actually means is that people will work for tank manufacturers instead of developing civilian EVs or whatever. Same story for the steel and equipment that goes into it.