Security

Major Brazilian bank ceases financing for local defense industry

SAO PAULO — A leading Brazilian bank will no longer use its own resources to finance defense companies, it announced this week. Banco do Brasil is a key player for the country’s federal government, which owns half of the business. With assets exceeding $1.4 trillion...
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US approves sale of F-16 jets to Turkey, F-35s to Greece

WASHINGTON — The Biden administration has approved the sale of F-16 fighter jets to Turkey following the Turkish government’s ratification this week of Sweden’s membership in NATO. The move is a significant development in the expansion of the alliance, which has taken...
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US approves sale F-16 jets to Turkey, F-35s to Greece

WASHINGTON — The Biden administration has approved the sale of F-16 fighter jets to Turkey following the Turkish government’s ratification this week of Sweden’s membership in NATO. The move is a significant development in the expansion of the alliance, which has taken...
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Special aid tool for Israel approved for Taiwan’s use, but not Ukraine

WASHINGTON ― President Joe Biden’s foreign aid request for Ukraine, Israel and the Indo-Pacific remains stalled on Capitol Hill, inhibiting funding for a unique mechanism that could help U.S. allies and partners build up their own defense industries. Until recently,...
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