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Germany Considers French Offer for SAMP/T Air Defense Collaboration

Germany Considers French Offer for SAMP/T Air Defense Collaboration

Germany is evaluating a proposal from French President Emmanuel Macron to collaborate on the French-Italian SAMP/T air defense system. This offer was discussed at a recent bilateral summit, with German Defense Minister Boris Pistorius expressing openness to the idea. The SAMP/T system is Europe's only locally made long-range air defense alternative to the U.S. Patriot system. Germany's potential involvement would enhance European defense capabilities and reduce reliance on U.S. systems. The proposal includes co-production and technology development over the next decade.
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Developed market debt to hit record $75.8 trillion as shocks and spending pressures mount, Fitch says

Developed market debt to hit record $75.8 trillion as shocks and spending pressures mount, Fitch says

By Marc Jones LONDON, July 21 (Reuters) - Government debt across developed economies is set to climb to a record $75.8 trillion by the end of 2026 as countries struggle with persistent budget deficits, geopolitical tensions and rising spending demands, Fitch Ratings said on Tuesday.
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European banks set for profit boost from lending, trading windfall

European banks set for profit boost from lending, trading windfall

By Jesús Aguado and Tommy Reggiori Wilkes MADRID/LONDON, July 21 (Reuters) - After a surge in revenue at U.S. banks, European lenders are expected to follow suit this week when they report second-quarter earnings, powered by gains from higher interest rates and in some cases from trading and
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Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street pointed toward gains before the opening bell with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks
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The Story Behind the Wirehaired Pointing Griffon

The Story Behind the Wirehaired Pointing Griffon

The Wirehaired Pointing Griffon is a breed with a rich history that spans several European countries. Its development involved contributions from t...
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Factbox-Soccer-List of World Cup winners

Factbox-Soccer-List of World Cup winners

NEW YORK, July 19 (Reuters) - List of World Cup champions since the tournament began in 1930 (hosts, winners): URUGUAY 1930 - URUGUAY * Uruguay won the inaugural World Cup by beating Argentina 4-2 in the final in Montevideo. * The first tournament included 13 teams, with only four from Europe.
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Indian students cool on 'American Dream' as EU opens its doors

Indian students cool on 'American Dream' as EU opens its doors

By Praveen Paramasivam, Sai Ishwarbharath B and Charlotte Van Campenhout CHENNAI/BENGALURU/AMSTERDAM, July 20 (Reuters) - A. Shrinikheathan is breaking from his family's tradition of studying in the United States, opting instead for a master's degree in Germany.
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Lockheed Martin Unveils Cost-Effective Patriot Interceptor for European Market

Lockheed Martin Unveils Cost-Effective Patriot Interceptor for European Market

Lockheed Martin Unveils Cost-Effective Patriot Interceptor for European Market
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GCAP fighter jet timeline 'will not change even if new country joins'

GCAP fighter jet timeline 'will not change even if new country joins'

By Sarah Young FARNBOROUGH, England, July 20 (Reuters) - Plans for the new  Global Combat Air Programme fighter jet to be in service by 2035 will not change even if a new country joins the British, Italian and Japanese programme, the chief executive of the joint venture designing the plane said on
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Japanese beetle advances through northern Italy's vineyards and orchards, frustrating farmers

Japanese beetle advances through northern Italy's vineyards and orchards, frustrating farmers

Iridescent green beetles native to Japan have invaded Italy, damaging orchards and vineyards
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Germany Funds 50,000 Strike Drones for Ukraine Amid Ongoing Conflict

Germany Funds 50,000 Strike Drones for Ukraine Amid Ongoing Conflict

Germany is funding 50,000 attack drones for Ukraine, marking one of the largest known purchases of drones for Kyiv by a Western government. The order involves Shrike drones made by Ukrainian manufacturer SkyFall, equipped with software from U.S. defense firm Auterion. This initiative underscores Ukraine's reliance on unmanned vehicles in its ongoing conflict with Russia.
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Spain controls 1st half, but settles for 0-0 score with Argentina at halftime in World Cup final

Spain controls 1st half, but settles for 0-0 score with Argentina at halftime in World Cup final

Spain controlled the first half in terms of possession and shot attempts, yet had to settle for a 0-0 score at halftime in the World Cup final against Lionel Messi and Argentina