French President Emmanuel Macron suggested that France may need to surpass NATO’s 2 percent GDP defense spending target, particularly if the U.S. military withdraws from Europe. Macron emphasized the importance of preparing for potential scenarios without American support and urged European countries to invest in their defense industry to create continental champions. He criticized the fragmentation of Europe’s weapons-makers and highlighted the need for simplification and integration in the defense sector, as seen in Germany and Italy’s joint venture for tank production.
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The best and worst areas in the UK for savings and retirement plans
A study by Hargreaves Lansdown found that parts of the South East of England are the most financially resilient in the UK, while Hull, Nottingham, and Liverpool are the least. The study looked at savings levels, retirement readiness, debt, and housing affordability, with Wokingham and Elmbridge scoring high due to incomes and homeownership levels. On the other hand, Hull ranked poorly due to low leftover money, emergency savings, and pension savings, according to the report....
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