White House's Sullivan Says Ukraine Has Been Requesting Cluster Munitions To Defend Its Territory; Says We Recognize That Cluster Munitions Create Of Risk To Civilians Which Is Why We Have Deferred Decision As Much As We Could
Portfolio Pulse from Benzinga Newsdesk
The White House's National Security Advisor, Jake Sullivan, has stated that Ukraine has requested cluster munitions to defend its territory. However, due to the risk these weapons pose to civilians, the US has deferred the decision as much as possible.
July 07, 2023 | 6:19 pm
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NEGATIVE IMPACT
The geopolitical tension between Ukraine and the US could potentially impact the overall market, represented by SPY.
Geopolitical tensions and uncertainties often lead to market volatility. As SPY represents a broad market index, it could be negatively impacted in the short term due to these tensions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The ETF VGK, which represents European stocks, could be impacted by the geopolitical tension between Ukraine and the US.
As VGK represents European stocks, it could be negatively impacted due to the geopolitical tension between Ukraine and the US. Europe's proximity to Ukraine could lead to increased market volatility in the region.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60