How concerned should investors be about the Western alliance? ...Middle East

This question is being asked on both sides of the Atlantic in the wake of Donald Trump's recent pronouncements on NATO, in which the former president stated that he would encourage Russia to attack NATO members that fall short on defense-spending goals.   Trump’s impact on the Republican Party is readily apparent as House Speaker Mike Johnson (R-La.) is blocking legislation to provide Ukraine with military support when Russia is gaining an advantage on the battlefield.  David Ignatius of the Washington Post observes that the message at the Munich Security Conference couldn’t have been clearer: “Russia is advancing, Ukraine is struggling to survive and the West needs to provide more

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