A Foreign Military Sales order from the U.S. Army worth up to $1.148 billion will deliver 250 M1A2 SEPv3 Abrams main battle tanks to Poland by 2025. Poland has ordered 980 South Korean K2 Black Panther tanks, 648 K-9 Krab self-propelled howitzers, and 48 FA-50 advanced trainer/light fighter aircraft. Poland will import the first batch …
Russia is still slowly taking some smaller cities in the southeast of Ukraine but the Kyiv offensive is bogged down. What we have clearly learned is that Russia’s military and its equipment remain second rate. Russia has taken significant chunks of Eastern Ukraine but that seems to be the limit of their capability. Russia would …
A recent poll in Italy had 40% distrust of the EU. Spain’s third-largest political party is considering adopting a Spanish exit platform. They are under pressure from a right-way grassroots movement. Poland’s Laws and Politics Are Conflicting With the EU Poland’s parliament defied Brussels by voting in favor of the controversial bill even after European …
Russia has an economy that is about 2.5 times larger than Poland. Poland’s economy is growing a bit faster than Russia and Poland plans to increase military spending in 2030 to 2.5% of GDP versus 2.0% of GDP today. Poland should increase military spending to nearly $20 billion in 2023 and $30 billion in 2030. …
Poland already passed Greece in GDP per capita and Polands leaders expects Poland pass Portugal in GDP per capita in 2019. Poland could pass Italy in GDP per capita within 10 years. They need to be referring to GDP per capita in a purchasing power parity (PPP) basis. Poland’s GDP PPP Per capita is forecasted …
Poland has had annual GDP growth that mostly stayed in the 3-7% from 1993 to 2018. Nominal GDP per capita went from $5000 per person in 1993 to about $15800 per person in 2018. On a purchasing power parity basis per capita income is $27000 per person which is about the same as Portugal. Poland …