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11.03.26 - 23:48
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Saudis Eye "Large Order" Of Ukrainian Interceptor Drones As Kill-Cost Missile Crisis Deepens (ZeroHedge)
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Saudis Eye "Large Order" Of Ukrainian Interceptor Drones As Kill-Cost Missile Crisis Deepens
Saudi Arabia is in discussions with a Ukrainian counter-drone firm to acquire low-cost interceptor drones designed to counter inexpensive IRGC kamikaze drones. The cost-exchange ratio remains highly unfavorable for the U.S. and its Gulf partners, who are using multimillion-dollar interceptor missiles against $20,000 drones. If the conflict drags on for months, the risk of depleting critical interceptor missile stockpiles will become a major problem, not just in the Gulf area but also on the Ukrainian battlefront.
The Wall Street Journal reports that Saudi Arabia is preparing to purchase a "large order" of interceptor drones and electronic warfare equipment from Ukraine. This report is based on sources and has yet to be confirmed.
The unfavorable kill-exchange ratio for the Saudis - eliminating a $20,000 IRGC drone with a +$2 million missile - is quickly straining defense budgets a...
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11.03.26 - 14:06
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Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis (The Guardian)
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More than 500 lending products pulled in biggest single upheaval since Liz Truss's mini-budget in 2022How will war in the Middle East affect your finances?Business live – latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the home loan market caused by the Middle East war.Nearly 500 mortgage deals have been pulled in the past 48 hours in what is the biggest upheaval since the aftermath of the 2022 mini-budget. Continue reading......
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