Dear leaders, dear friends, and all those who can become our friends because you want safety and peace just as much as we do today. No one but ourselves can guarantee security. Only strong alliances, only strong partners, and only our own weapons.The 21st century isn't much different from the past. If a nation wants peace, it still has to work on weapons. It's sick.But that's the reality. Not international law, not cooperation. Weapons decide who survives.Excellencies, you know, perfectly well international ...

From @WSJopinion: NATO still relies on scarce, expensive weapons to intercept plentiful, cheap ones. In starker terms: The West likely lacks a credible response to sustained large-scale drone attacks, writes @JillianKayM. https://t.co/XSSGdj0aYS ...

Financial Markets Overview - The Dow is up 12% [1] - The S&P is up almost 14% [1] - NASDAQ is surging 18% [1] - The Bloomberg MAG Seven Index is up 19% [1] - Spot gold is up eight dollars the ounce, 3371% [1] - West Texas Intermediate crude is down 15% to 6629% [1] US Economic Policy & BLS - President Trump intends to announce a new Fed Governor and BLS Commissioner soon [1] - The President alleges the Bureau of Labor Statistics (BLS) data was rigged, but no evidence has been provided [1][2] - The former BLS chief is out, and the President will nominate a replacement [1] - Congress has been starving the statistical agencies of cash for years [2] - The response rate for the first May survey, which was revised downward significantly by the third one in July, was 42%, The final number was 89% response rate [2] Federal Reserve Board - Adriana Googler's departure creates an opportunity to nominate a new Fed Governor [1] - Jay Powell could stay on as governor until 2028, even if his term as chair is over in 2026 [2] - The market would assume that whoever is chosen would be that [2] International Trade & Tariffs - President Trump said he would hike India's tariff rate for buying Russian oil [1] - India responded, saying the targeting of the country is unjustified and unreasonable and will take necessary measures to safeguard its interests [1] - The PURL is a financing mechanism worth about 500 million euros, 570 $8 million [10] US-NATO-Ukraine - The U S would be providing more weaponry to Ukraine, but that distribution would be handled by NATO, and that NATO countries would pay for it [8] - The announcement of 570 $8 million worth of American weapons, munitions going to the Netherlands and then provided to the Ukraine is a big step forward [11]

Exclusive: Two top Senate Republicans laid out a plan Wednesday to allow allies to finance donations of U.S. weapons and military equipment to Ukraine https://t.co/9cpYbHwjrN ...

A pattern of high-value weapons seizures shows Iran is making new efforts to arm its militia allies across the Middle East https://t.co/lZQIQlj2HZ? ...

Geopolitics & Defense - Donald Trump offers weapons to Ukraine [1] Antitrust & Business - Trust-busters investigate the perfume industry [1] Health & Cognitive Science - Bilingual people may have healthier brains [1]

Geopolitical Implications - The deal involves European allies purchasing weapons for Ukraine, a shift from previous practices where the US either donated from its own stocks or funded purchases [1] Financial Aspects - European allies will finance the procurement of weapons for Ukraine, marking a change in funding mechanisms [1]

Geopolitical Landscape & Strategic Shifts - Russia is intensifying its offensive in Ukraine, despite calls for peace, indicating a determination to achieve its objectives [1][2] - Russia aims to undermine Western support for Ukraine by demonstrating its resolve and the perceived futility of Western assistance [3][4] - The conflict's next months are critical due to Ukraine's shortages in weapons and manpower, giving Russia the initiative [2] - Russia is attempting to break Ukrainian resistance through intensified drone attacks and battlefield advances [3][7] Military & Tactical Developments - Russia has massed 50,000 troops in the Sunumi region, part of a broader effort to stretch Ukrainian defenses across an 800-mile front line [7][9] - Ukraine is facing critical shortages of infantry and artillery shells, impacting its ability to match Russia's firepower [10][14] - Ukraine is increasing domestic drone production, aiming for at least 4 million drones annually, to offset artillery shortages and strike strategically [13][14] - Ukraine is employing long-range drones to target military equipment and production facilities inside Russia, achieving strategic and psychological gains [11][12] International Involvement & Potential Resolutions - A potential deal involves the US sending weapons, including Patriot air defense systems funded by NATO countries, to Ukraine [6] - Economic threats, such as severe tariffs, are being considered as leverage to push for a peace deal within 50 days [7] - Russia is potentially bolstering its troop numbers with 15,000 North Korean soldiers already deployed and further reinforcements expected [11]

And we've made a deal today, and I'm going to have Mark speak about it, but we've made a deal today where we are going to be sending them weapons and they're going to be paying for them. We, the United States, will not be having any payment made. Uh we're not buying it, but we will manufacture it and they're going to be paying for it.Uh our last meeting of a month ago was very successful in that they agreed to 5%, which is more than a trillion dollars a year. So they have a lot of money and they these are w ...

And we've made a deal today, and I'm going to have Mark speak about it, but we've made a deal today where we are going to be sending them weapons, and they're going to be paying for them. We, the United States, will not be having any payment made. Uh, we're not buying it, but we will manufacture it and they're going to be paying for it.Uh, our last meeting of a month ago is very successful in that they agreed to 5%, which is more than a trillion dollars a year. So they have a lot of money and they these are ...