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US Elections 2024: What consequences do we see on the global economy?

US elections: What consequences do we see on the global economy? From Germany, analysts foresee a necessary increase in Defense and an increase in attention to Ukraine.

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As the results of the US elections begin to become known, Europe begins to wake up and a new chapter in transatlantic relations begins. Germanyone of the closest allies of USAhas been preparing for months for a second term of Donald Trump as for a presidency of Kamala Harris.

More defense spending and attention on Ukraine

German MP Thomas Erndl stated that Europe needs to increase its spending on Defense and prioritize your safety. The transatlantic coordinator and deputy head of the parliamentary group of the Free Democratic Party, Michael Link, warns that the world has more at stake if ukraine loses the war.

And how does Europe want the results to develop? US diplomat Daniel Benjamin says there may be major consequences for the economy. It is clear that a new dawn is about to shake the Old Continent, but Is Europe ready?

Additional sources • Euronews in Spanish

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