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Showing posts with the label “German armed forces”

‘Why I Would Never Fight for My Country’

“As a podcaster and freelance journalist, Ole Nymoen admits he enjoys freedom of expression and other democratic rights in his home country of Germany. But he would not want to die for them. In a book published this week, Why I Would Never Fight for My Country, the 27-year-old argues ordinary people should not be sent into battle on behalf of nation states and their rulers — even to fend off an invasion. Occupation by a foreign power might lead to a “shitty” life, he told the Financial Times . “But I’d rather be occupied than dead.” Refereshing in times of national chauvinism, rampant capitalism, neo-fascism… “A quarter of the 18,810 men and women who signed up in 2023 left the armed forces within six months. So far top officials “from the Christian Democrats and the Social Democrats, the two parties likely to form the next government, have ruled out a revival of traditional conscription. “Since Russia’s full-scale Ukraine invasion, Germany has had a steep rise in the number of conscie...

German Defence Shares Soar

“ Shares of Germany’s listed defence contractors soared on Monday after Chancellor Olaf Scholz declared the country would pour more than €100bn into modernising its depleted armed forces.  Stock of Rheinmetall, which makes tanks and armoured vehicles for Nato countries, rose more than 30 per cent in early trading in Frankfurt, while shares in Munich-based Hensoldt, which makes electronic sensors and is part-owned by US private equity group KKR, leapt by 45 per cent.  BAE Systems shares also rose 14 per cent, hitting record highs. The British group has a joint venture with Rheinmetall.” Financial Times