Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence
Published . Updated .
‘The climate issue is the security issue,’ says Turkish minister at Pacific pre-Cop summit in Fiji Wealthy countries should spend far more on dealing with the climate crisis than the 5% of GDP promised by Nato members for defence because “the climate issue is the security issue”, the host of the next UN summit has said. But, in comments that are likely to prove contentious, the Cop31 president-designate, Murat Kurum, hedged on whether countries should try to repeat a previous agreement to “transition away from fossil fuels” – the primary cause of the climate crisis – when they meet in Turkey next month. Continue reading...
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
Price reaction, T-5 to T+3
‘The climate issue is the security issue,’ says Turkish minister at Pacific pre-Cop summit in Fiji Wealthy countries should spend far more on dealing with the climate crisis than the 5% of GDP promised by Nato members for defence because “…
Source: The Guardian
How far Direxion Daily Financial Bull 3X Etf (FAS) has moved since 11 Oct 2026
Since the first closing price after “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence,” Direxion Daily Financial Bull 3X Etf (FAS) is -0.29%. The S&P 500 fund (SPY) is -1.47% over the same days, a +1.18% difference versus the market.
| Company | When | Move | Status |
|---|---|---|---|
| BA | that day | +1.45% | final price |
| BA | the next day | +0.94% | final price |
| BA | two days later | -0.64% | final price |
| BA | three days later | -1.68% | final price |
| BA | three days earlier | +1.13% | final price |
| BA | five days earlier | +3.10% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | that day | +2.57% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | the next day | +4.27% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | two days later | +2.98% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | three days later | +1.08% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | three days earlier | -1.44% | final price |
| Direxion Daily Financial Bull 3X Etf (FAS) | five days earlier | -3.94% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | that day | 0.00% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | the next day | 0.00% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | two days later | 0.00% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | three days later | 0.00% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | three days earlier | 0.00% | final price |
| Invesco Bloomberg Financial Data Providers Etf (FDIQ) | five days earlier | 0.00% | final price |
| GD | that day | +0.44% | final price |
| GD | the next day | +1.58% | final price |
| GD | two days later | +0.79% | final price |
| GD | three days later | +1.43% | final price |
| GD | three days earlier | +0.45% | final price |
| GD | five days earlier | +0.04% | final price |
| HII | that day | -0.17% | final price |
| HII | the next day | -0.38% | final price |
| HII | two days later | -2.78% | final price |
| HII | three days later | -0.22% | final price |
| HII | three days earlier | -0.48% | final price |
| HII | five days earlier | +1.37% | final price |
Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)
Companies carried with this story
- FAS Direxion Daily Financial Bull 3X Etf
In “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDIQ Invesco Bloomberg Financial Data Providers Etf
Invesco Bloomberg Financial Data Providers Etf (FDIQ) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence.” Reason on file: GA selected FDIQ as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- PABD Ishares Paris-Aligned Climate Msci World EX USA Etf
Ishares Paris-Aligned Climate Msci World EX USA Etf (PABD) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence.” Reason on file: GA selected PABD as a RELATED security because its canonical security name directly matches this event's themes: climate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- VEGN Us Vegan Climate Etf
Us Vegan Climate Etf (VEGN) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence.” Reason on file: GA selected VEGN as a RELATED security because its canonical security name directly matches this event's themes: climate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Direxion Daily Financial Bull 3X Etf (FAS)
The 11 Oct 2026 story “Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence” names Direxion Daily Financial Bull 3X Etf (FAS) because of this story.
What ties Direxion Daily Financial Bull 3X Etf (FAS) to the headline is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Invesco Bloomberg Financial Data Providers Etf (FDIQ), is listed for a different reason: GA selected FDIQ as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Price levels for Direxion Daily Financial Bull 3X Etf (FAS)
FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. FDIQ traded between 67.46 and 71.98 across 3 sessions. The latest close on file is 71.98. PABD traded between 67.03 and 69.69 across 9 sessions. The latest close on file is 67.83.
A simple score for Direxion Daily Financial Bull 3X Etf (FAS)
33 out of 100
“Cop31 host urges wealthy countries to spend ‘much more’ on climate than defence” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.