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Defense Stocks Surge as Trump & Putin Teams Head to Saudi Arabia | The Opening Trade 02/17
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February 17, 2025
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1:35:48Now PlayingTop US and Russian government officials will hold a meeting in Riyadh, Saudi Arabia on Tuesday to discuss the restoration of bilateral ties and ending the war in Ukraine, the Kremlin confirmed on Monday. European bonds fell and shares in defense companies rallied on the likelihood of greater military spending. Officials are working on a major new package to ramp up defense spending and some EU leaders are planning to meet on Monday in Paris to start drawing up their response. The moves come as the US pushes for a quick end to the war in Ukraine and after Vice President JD Vance attacked longstanding European allies at a security conference Friday.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie.
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