FT: Western investors stupid to shun arms industry, says Nato official

Admiral Rob Bauer, NATO's top military official, has called on banks, pension funds, and rating agencies to rethink outdated policies that shun defense investments. Highlighting rising global security threats, Bauer criticized financial institutions for ignoring lucrative opportunities in defense, especially in the wake of Russia's invasion of Ukraine. He argued that investing in defense ensures stability and is a critical sustainability measure. Bauer urged investors to recognize defense as a long-term, strategic necessity.

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By Henry Foy in Brussels

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