Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Top NATO military official urges businesses to be prepared for ‘wartime scenario’

by
November 26, 2024
in Latest News
0
Top NATO military official urges businesses to be prepared for ‘wartime scenario’

A top military official with NATO warned businesses on Monday to be ready for a wartime scenario, which could entail adjusting production and distribution lines to be less vulnerable to blackmail from Russia and China.

Dutch Admiral Rob Bauer, the chairperson of NATO’s military committee, told attendees at an event of the European Policy Center think tank in Brussels that all available instruments could be used during a time of war, according to a report from Reuters.

‘If we can make sure that all crucial services and goods can be delivered no matter what, then that is a key part of our deterrence,’ Bauer said.

He also said NATO is seeing a growing number of sabotage acts while Europe has seen the same when it comes to its energy supply.

‘We thought we had a deal with Gazprom, but we actually had a deal with Mr. Putin. And the same goes for Chinese-owned infrastructure and goods. We actually have a deal with [Chinese President] Xi [Jinping],’ Bauer told the group.

The west, Bauer explained, depends on supplies from China, as 60% of all rare earth materials are produced, and 90% of those are processed there.

Also coming from China are chemical ingredients for sedatives, antibiotics, anti-inflammatories and low blood pressure medications, he further explained.

‘We are naive if we think the Communist Party will never use that power,’ Bauer said. ‘Business leaders in Europe and America need to realize that the commercial decisions they make have strategic consequences for the security of their nation.’

‘Businesses need to be prepared for a wartime scenario and adjust their production and distribution lines accordingly,’ he continued to stress. ‘Because while it may be the military who wins battles, it’s the economies that win wars.’

Bauer’s message comes as tensions between Ukraine and Russia continue to escalate.

Last week, Russia launched an intermediate-range ballistic missile (IRBM) capable of carrying conventional or nuclear warheads, into Ukraine.

Ukrainian officials said the missile called Oreshnik — Russian for Hazel Tree — reached speeds of Mach 11 when it struck a factory in the city of Dnipro on Thursday.

While two U.S. officials told Fox News the missile was not hypersonic, deputy Pentagon press secretary Sabrina Singh told reporters on Thursday the attack was concerning and that it was the first time the missile had been used on the battlefield.

North Korea also sent at least 11,000 soldiers to fight in Ukraine alongside Russian soldiers, further escalating tensions.

Reuters contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Microsoft 365 working to address potential Outlook and Teams outage

Next Post

Judge grants Jack Smith request to dismiss Jan. 6 charges against Trump, appeal dropped in Florida docs case

Next Post
Judge grants Jack Smith request to dismiss Jan. 6 charges against Trump, appeal dropped in Florida docs case

Judge grants Jack Smith request to dismiss Jan. 6 charges against Trump, appeal dropped in Florida docs case

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

November 20, 2025
House votes to repeal controversial Arctic Frost provision from government shutdown bill

House votes to repeal controversial Arctic Frost provision from government shutdown bill

November 20, 2025
Epstein files to go public as Trump says he signed law authorizing release of records

Epstein files to go public as Trump says he signed law authorizing release of records

November 20, 2025
Senators rail against ‘cash grab’ spending bill provision as House preps repeal vote

Senators rail against ‘cash grab’ spending bill provision as House preps repeal vote

November 20, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

    Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

    November 20, 2025
    House votes to repeal controversial Arctic Frost provision from government shutdown bill

    House votes to repeal controversial Arctic Frost provision from government shutdown bill

    November 20, 2025
    Epstein files to go public as Trump says he signed law authorizing release of records

    Epstein files to go public as Trump says he signed law authorizing release of records

    November 20, 2025
    Senators rail against ‘cash grab’ spending bill provision as House preps repeal vote

    Senators rail against ‘cash grab’ spending bill provision as House preps repeal vote

    November 20, 2025

    Top News

    Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

    Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails

    November 20, 2025
    House votes to repeal controversial Arctic Frost provision from government shutdown bill

    House votes to repeal controversial Arctic Frost provision from government shutdown bill

    November 20, 2025

    Latest News

    • Nancy Mace’s bid to censure fellow GOP Rep. Cory Mills fails
    • House votes to repeal controversial Arctic Frost provision from government shutdown bill
    • Epstein files to go public as Trump says he signed law authorizing release of records

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.