President Joe Biden’s administration is sending a fresh package of $625 million in howitzers and other military equipment to Ukraine to help the country defend against Russia. The equipment includes four high-mobility artillery rocket systems, ammunition for the systems, anti-tank mines, and vehicles designed to be mine-resistant. Ukrainian forces, who have been using previous aid packages…
Nuclear Weapons Use ‘Would Not Go Without a Response,’ UK Warns Russia
UK Foreign Secretary James Cleverly has warned Russia that any use of nuclear weapons would lead to consequences. Last month, Russian President Vladimir Putin suggested in a speech that all weapons in Russia’s arsenal could be used if Russia’s territory is threatened. While Putin did not specifically call for using nukes, other Russian authorities have…
Top Economist Draws Controversy After Arguing Biden Admin Destroyed Nord Stream Pipelines
Columbia University economist Jeffrey Sachs suggested that the United States may be responsible for destroying part of the Nord Stream pipelines last week, triggering a Bloomberg TV host to interject. Sachs floated the idea that the Russian natural gas-carrying line was hit by the United States or one of its allies and not Russia. He…
Global Recession Can Be Avoided With Right Fiscal Policies: IMF’s Georgieva
October 4, 2022
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Business & Marketseconomic policieseconomyEuropeGeorgievaIMFinflationInternationalMarketsrecessionRussia-Ukraine WarWorld
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RIYADH—Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director said on Monday. In the context of monetary policy tightening, fiscal policy cannot stay idle because the cost of living crisis is hitting…
CIA Chief Responds to Putin’s Alleged Nuclear Threat
The director of the Central Intelligence Agency (CIA) weighed in on recent warnings made by Russian officials regarding the use of nuclear weapons in the Ukraine conflict. “We have to take very seriously [any] kind of threats, given everything that’s at stake,” CIA Director William Burns told CBS News this week. But Burns noted that…
Peskov Reacts as Zelenskyy Rules out Ukraine Talks
The Kremlin said Tuesday that it was potentially waiting for a new “future Ukrainian president” more sympathetic to Russia’s conditions to begin peace talks. Kremlin spokesperson Dmitry Peskov said if the current President Volodymyr Zelenskyy did not agree to talks that ended in “achieving the conditions of the Russian side,” any resolution to ongoing fighting…
Joly to Attend the General Assembly of the Organization of American States in Peru
Canada’s foreign affairs minister will be in Lima, Peru this week, to take part in the 52nd regular session of the General Assembly of the Organization of American States. Melanie Joly is expected to meet with her hemispheric counterparts and highlight the importance of working together on a long list of priority issues. These include democracy…
Sweden Sends Diving Vessel to Probe Leaking Nord Stream Pipelines
October 4, 2022
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Business & MarketscrisisenergyEuropeGold and CommoditiesMarketsNordstreampipelinesRussiaRussia-Ukraine WarSwedenUkraineWorld
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STOCKHOLM/OSLO—Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe’s energy crisis. Europe is investigating what caused three pipelines in the Nord Stream network to burst in…
Australia Joins Five Eyes’ Rejection of Russia’s Annexation of Ukrainian Territories
Australia has followed the Five Eyes allies—Canada, New Zealand, the United Kingdom, and United States—in rejecting Russia’s annexation and referendums in the contested territories of Ukraine. The Australian government also announced another round of sanctions on those helping to organise referenda being held in the regions of Luhansk, Donetsk, Kherson, and Zaporizhzhia. Minister for Foreign…
Twitter Storm: Elon Musk Proposes Peace Plan for Ukraine-Russia Conflict
Tesla Motors and SpaceX CEO Elon Musk delved into geopolitics on Twitter on Monday, proposing possible peace solutions in the Ukraine-Russia military conflict. Musk presented a four-part plan to facilitate peace in Eastern Europe and asked his followers for their thoughts. The first step in Musk’s concept is to “redo elections of annexed regions…
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