IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.59▲ 1.43% USD/MXN18.65▲ 0.64% USD/CLP983.98▲ 1.73% USD/COP3,300▲ 5.77% USD/PEN3.41▲ 0.05% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES897.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.67% BRENT 91.72 ▼ 0.92% WTI 86.20 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.24 ▼ 1.33% GOLD 4,029 ▼ 2.08% SILVER 51.22 ▼ 2.57% SOY 1,227 ▲ 3.76% CORN 449.75 ▲ 2.39% WHEAT 592.25 ▲ 0.72% COFFEE 266.00 ▼ 2.78% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 147.10 ▲ 6.32% COTTON 78.28 ▼ 0.63% COCOA 4,863 ▼ 2.82% BEEF 222.70 ▲ 3.01% CATTLE 326.63 ▼ 0.53% LITHIUM 59.85 ▼ 2.44% PETR4 45.05 ▼ 0.31% VALE3 64.91 ▼ 1.82% ITUB4 41.19 ▼ 1.27% BBDC4 14.31 ▼ 2.52% ABEV3 15.64 ▲ 0.19% BBAS3 16.84 ▼ 1.06% B3SA3 14.41 ▼ 2.96% WEGE3 50.68 ▼ 0.12% PRIO3 59.49 ▲ 0.17% SUZB3 54.72 ▲ 0.96% RENT3 29.72 ▼ 3.60% AZZA3 14.62 ▼ 3.31% CSAN3 2.67 ▼ 3.61% RAIZ4 24.40 ▼ 12.86% PCAR3 2.42 ▼ 0.41% GMAT3 3.81 ▼ 0.52% PSSA3 46.06 ▲ 0.90% CVCB3 0.86 ▼ 1.15% POSI3 2.97 ▼ 1.98% SLCE3 17.00 ▼ 1.73% NATU3 5.55 ▼ 2.80% BRKM5 2.96 ▼ 1.99% RANI3 8.36 ▼ 4.57% CSNA3 4.43 ▼ 1.34% IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.37% USD/MXN 18.64 ▲ 0.56% USD/CLP 983.93 ▲ 1.73% USD/COP 3,300 ▲ 5.77% USD/PEN 3.41 ▲ 0.05% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.36% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.23 ▲ 1.66% BRENT 91.72 ▼ 0.92% WTI 86.20 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.24 ▼ 1.33% GOLD 4,029 ▼ 2.08% SILVER 51.22 ▼ 2.57% SOY 1,227 ▲ 3.76% CORN 449.75 ▲ 2.39% WHEAT 592.25 ▲ 0.72% COFFEE 266.00 ▼ 2.78% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 147.10 ▲ 6.32% COTTON 78.28 ▼ 0.63% COCOA 4,863 ▼ 2.82% BEEF 222.70 ▲ 3.01% CATTLE 326.63 ▼ 0.53% LITHIUM 59.85 ▼ 2.44% PETR4 45.05 ▼ 0.31% VALE3 64.91 ▼ 1.82% ITUB4 41.19 ▼ 1.27% BBDC4 14.31 ▼ 2.52% ABEV3 15.64 ▲ 0.19% BBAS3 16.84 ▼ 1.06% B3SA3 14.41 ▼ 2.96% WEGE3 50.68 ▼ 0.12% PRIO3 59.49 ▲ 0.17% SUZB3 54.72 ▲ 0.96% RENT3 29.72 ▼ 3.60% AZZA3 14.62 ▼ 3.31% CSAN3 2.67 ▼ 3.61% RAIZ4 24.40 ▼ 12.86% PCAR3 2.42 ▼ 0.41% GMAT3 3.81 ▼ 0.52% PSSA3 46.06 ▲ 0.90% CVCB3 0.86 ▼ 1.15% POSI3 2.97 ▼ 1.98% SLCE3 17.00 ▼ 1.73% NATU3 5.55 ▼ 2.80% BRKM5 2.96 ▼ 1.99% RANI3 8.36 ▼ 4.57% CSNA3 4.43 ▼ 1.34%
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Tuesday, November 10, 2026

Western Defense Industry to Surpass Russia, Says US Defense Official

By · · 2 min read

Lieutenant General Steven L. Basham, deputy commander of the US European Command, recently asserted that the Western defense industry will soon outpace Russia’s production capabilities.

He highlighted that Russia’s military growth relies heavily on economic strain and support from Iran and North Korea.

Speaking at the “Transatlantic Security After 75 Years of NATO” event, hosted by the Foundation for Defense of Democracies, Basham underscored the rapid acceleration of Western defense capabilities.

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He noted that the ongoing conflict in Ukraine allows the West to enhance its industrial base, gaining a strategic advantage over Russia.

Since Russia’s invasion of Ukraine in February 2022, Western defense industries have faced scrutiny. This is due to diminished capacities over the past decades, influenced by political decisions.

Western Defense Industry to Surpass Russia, Says US Defense Official
Western Defense Industry to Surpass Russia, Says US Defense Official.
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Despite Basham’s positive outlook, Europe, the US, and their allies still struggle to meet the soaring demand driven by conflicts in Ukraine and Israel.

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Basham pointed out Russia’s shift from a defense exporter to an importer of equipment and technology, primarily from China.

This shift highlights Russia’s challenges with its own military hardware, increasingly relying on Chinese aid to compensate.

Discussing US support for Kyiv, Basham emphasized that American national defense begins far from its borders.

He noted Ukraine’s consistent plea for steadfast support is being fulfilled, stressing the need to effectively communicate this to the American public.

US Resumes Military Aid to Ukraine

US military aid to Ukraine was paused for several months, affecting both the defense industry and Ukrainian frontline capabilities.

The recent approval of $60 billion in assistance aims to improve Ukraine’s defense situation, reflecting a significant commitment to their struggle.

Basham also stressed NATO’s importance, warning that Russia would not stop in Ukraine unless confronted there.

In addition, He affirmed the growing strength and resolve of the US and its allies against Russian aggression.

He further emphasized the significance of US military presence in Europe.

He stated that consistent engagement with allies is crucial for integration and effective campaigning, reinforcing US commitment to NATO.

Lastly, Basham addressed the global threat posed by China. He noted its harmful influence in Europe, particularly in the space and cyber domains.

Like Russia, China poses a significant global challenge, necessitating vigilant countermeasures by the West.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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