WW3: Syria bombing and the May’s conflict of interest

Can wars stimulate the economy? The debate is always open. In any case, private portfolios can get benefits for sure.

Just like in the case of Capital Group, a £1.4Tn investment firm holding thousands of shares in the world’s biggest Defence Firm, Lockheed Martin (it owned 7,09% of the company in March 2018 -source:  Investopedia– but many sources affirm the shareholding is now at 10%), and its senior executive Philip May, husband of UK’s Prime Minister Theresa May.

“It is common knowledge that Theresa May’s husband Philip essentially acts as the unofficial advisor to the Prime Minister – a fact proven by the former Conservative MP for Chichester, Andrew Tyrie… (…) On the 14th April 2018, the Prime Minister Theresa May sanctioned British military action on Syria in response to an apparent chemical attack on the city of Douma – air strikes that saw the debut of a new type of Cruise Missile, the JASSM, produced exclusively by the Lockheed Martin Corporation. (…)  Every single JASSM used in the recent bombing of Syria costs more than $1,000,000, and as a result of their widespread use during the recent bombing of Syria by Western forces, the share price of Lockheed Martin soared”…

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