Important Takeaways:

• Britain and other members of Nato have been urged to shift to a ‘wartime mindset’ amid the ongoing threats from Russia.
• Head of the military alliance, Mark Rutte, warned that nations are not ready for the coming years – and that much higher defense spending is needed to keep the enemy at bay.
• He said more than 3% of GDP had been splurged during the Cold War, but that future spending would have to be much higher than the current target of 2%.
• ‘Russia is preparing for long-term confrontation, with Ukraine and with us,’ Rutte said in a speech in Brussels.
• ‘We are not ready for what is coming our way in four to five years,’ the Nato secretary-general said.
• He added: ‘It is time to shift to a wartime mindset and turbocharge defense production and defense spending.’

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