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The conflict initially brought tactical gains for the US but has now led to growing strategic losses By Ivan Timofeev, programme director of the Valdai Club. The latest development in the Palestinian-Israeli conflict is an indication of the growing imbalance in the existing system of international relations. This is characterized by the emergence of new wars,…

US, EU, and UK defense contractors have been major beneficiaries of weapons sales to Ukraine The revenues of the top Western defense contractors have been soaring, with American weapons makers dominating the global arms industry, Defense News reported on Monday.