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Defense Fund

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international-relations1 year ago•2 min saved

"EU's Ambitious Defense Plans Face Skepticism Amid Funding Challenges"

The European Commission has proposed a €100 billion defense fund aimed at bolstering the bloc's military capabilities in response to Russia's aggression, with the plan facing skepticism from some European leaders. The fund, known as the European Defence Investment Program (EDIP), seeks to reduce the E.U.'s reliance on foreign military suppliers, particularly the United States, and redirect a significant portion of Europe's defense spending towards building up its own military-industrial complex. While some leaders, like French President Emmanuel Macron, support a more centralized approach to E.U. defense, others, such as German Defense Minister Boris Pistorius, have expressed doubts about the practicality of the proposal.

via The Daily Wire|

#defense-fund #european-union #international-relations

international-relations2 years ago•2 min saved

"EU's €20B Military Fund: Implications for Ukraine's Defense and Arms Industry"

The EU is planning to propose a dedicated fund of up to €20 billion to support Ukraine's military for the next four years. The fund would not involve direct payment for weapons but would assist countries in covering the costs of purchasing and donating ammunition, missiles, tanks, and training for Ukrainian soldiers. This proposal represents a significant commitment for the EU and signifies a shift in its approach, as it would subsidize weapons shipments to a war zone. The fund is part of the EU's broader efforts to demonstrate its long-term commitment to Ukraine and counter Russian aggression.

via POLITICO Europe|

#defense-fund #eu #international-relations

crime2 years ago•3 min saved

Marine Vet Daniel Penny's Legal Troubles in Jordan Neely Death

The defense fund for Marine veteran Daniel Penny, who was charged with second-degree manslaughter for the subway chokehold death of Jordan Neely, has raised over $1.5 million in just a few days. Penny's lawyers argue that he acted to protect himself and fellow passengers from Neely, who had a history of violent attacks and mental illness. The campaign on GiveSendGo will cover all legal fees and any excess will be donated to a mental health advocacy program in New York City. The case has divided the city, with some calling Penny a hero and others denouncing him as a murderer.

via Fox News|

#crime #daniel-penny #defense-fund

crime2 years ago•3 min saved

Daniel Penny's Defense Fund Receives Over $1 Million in Donations.

An online defense fund for Daniel Penny, the ex-Marine charged in the killing of homeless victim Jordan Neely aboard an F train beneath Manhattan, has raised over $1.2 million with pledges from thousands of donors. Penny is facing charges of second-degree manslaughter in Neely’s death. The fund will cover Penny’s legal fees in the criminal case, any future civil lawsuits, and expenses related to his defense. The case will go before a grand jury, with Penny ordered to surrender his passport and to remain in New York unless granted approval to leave by authorities.

via New York Daily News|

#crime #daniel-penny #defense-fund