The battle to build a global defence bank
The proposed lender seeks about €100 billion to finance defence projects and guarantees, but Germany, Britain and other G7 members have not joined.
9 Articles
9 Articles
Canada Backs $116 Billion Global Defence Bank to Finance Allied Rearmament
Canadian Prime Minister Mark Carney supports a new global defense bank called the Defence, Security and Resilience Bank (DSRB), which aims to help allied countries rearm. The bank is looking to raise around €100 billion ($116 billion) to provide low-cost loans to governments and defense contractors for military projects. It will also guarantee loans for […] The post Canada Backs $116 Billion Global Defence Bank to Finance Allied Rearmament appea…
Today, Canada announced its support for the establishment of the DSRB, an international institution aimed at raising about Euro100 billion, to provide low-cost loans for government and private defence projects.
The battle to build a global defence bank - Regional Media News
By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas LONDON, Aug 30 (Reuters) - Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies have yet to commit just weeks before prospective [...]
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