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Author Topic: Britain floats joint plan with Europe to fund 'large-scale rearmament'  (Read 3882 times)

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Offline rangerrebew

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Britain floats joint plan with Europe to fund 'large-scale rearmament'
« on: April 03, 2025, 06:38:23 am »

Britain floats joint plan with Europe to fund 'large-scale rearmament'
Story by Kumail Jaffer • 2h

The UK could establish a 'supranational institution' with European nations to help finance a significant boost in defence spending across the continent.
 
Treasury officials have drawn up plans for a multilateral fund that would allow nations to borrow money for defence spending at favourable rates and purchase weapons for a common stockpile.

Backed by equity and sovereign guarantees from the coalition of countries involved, the new fund would both lend money for defence projects and enable the acquisition of military assets that could be used by any participating nation.

The paper, which was sent to European officials last week, suggests the fund could run up to 'hundreds of billions of euros', according to the Financial Times.

https://www.msn.com/en-us/money/markets/britain-floats-joint-plan-with-europe-to-fund-large-scale-rearmament/ar-AA1CcRbW?ocid=widgetonlockscreen&cvid=c073a9451ca84293b7946fb3cc66c872&ei=105
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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Re: Britain floats joint plan with Europe to fund 'large-scale rearmament'
« Reply #1 on: April 03, 2025, 06:39:43 am »
Somehow, I'm not sure the other two Muslim nations in the EU, France and Germany, will buy into it. :nono:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online Canuck Conservative

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Re: Britain floats joint plan with Europe to fund 'large-scale rearmament'
« Reply #2 on: April 03, 2025, 07:07:26 am »
Quote from: rangerrebew on April 03, 2025, 06:39:43 am
Somehow, I'm not sure the other two Muslim nations in the EU, France and Germany, will buy into it

Well they obviously have to do something

The US is withdrawing, and Russia is still a malicious menace

Given that, doing nothing is not a realistic option for survival

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Offline Right_in_Virginia

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Re: Britain floats joint plan with Europe to fund 'large-scale rearmament'
« Reply #3 on: April 03, 2025, 07:12:53 am »
Quote from: Canuck Conservative on April 03, 2025, 07:07:26 am
Well they obviously have to do something

The US is withdrawing, and Russia is still a malicious menace

Given that, doing nothing is not a realistic option for survival

Can't Canada step up and fill the void?
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