Ukraine’s top military general warned that Russia could use nuclear weapons if it becomes desperate and said a “limited nuclear conflict” cannot be ruled out. Commander-in-Chief of the Armed Forces Gen. Valery Zaluzhny said that “there is a direct threat of the use, under certain circumstances, of tactical nuclear weapons by the Russian armed forces,”…
Russia and US Clash Over Western Weapons for Ukraine
UNITED NATIONS—Russia dismissed claims that modern Western weapons supplied to Ukraine can lead it to victory as “empty fantasies,” insisting Thursday that the Russian army is destroying Ukraine’s old and new weapons and will “finish” the war as President Vladimir Putin vowed. The United States accused Russia of having “the gall to blame other countries…
Australia, US Need to Prepare for Possible Nuclear Attack: Report
September 9, 2022
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AustraliaChinaChina-Australia RelationsChina-U.S. arms raceEuropeGlobal ExpansionInternationalInternational RelationsmilitaryNATOnuclear attackRussia-Ukraine WarSpecial TopicsTaiwanUSUS NewsUS-China relationsWorld
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The Australian government should prepare for the prospect of nuclear attack from Russia or China. The report, called “The Geopolitical Implications of Russia’s Invasion of Ukraine” says northern Australia is at greater risk now due to the collapse of the European strategic order, which he says could escalate into a “wider major war in Europe”…
Biden Administration Denies Cheniere’s Request to Sidestep LNG Pollution Rule
September 9, 2022
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Business & MarketsCheniere Energyeconomic policiesenergyEnvironmental Protection AgencyEuropeLNGpollutionRussiaRussia-Ukraine WarWorld
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WASHINGTON—The Environmental Protection Agency (EPA) said on Tuesday it has denied a request from leading liquefied natural gas (LNG) exporter Cheniere Energy Inc. to exempt turbines at its two U.S. Gulf Coast terminals from a hazardous pollution rule. The rejection raises questions about whether the Texas-based company will have to reduce exports of the supercooled…
Biden Administration Announces Over $2 Billion in New Aid to Ukraine, Allies
President Joe Biden’s administration on Sept. 8 announced more than $2 billion in new aid for Ukraine and other European allies. U.S. Secretary of State Antony Blinken, a Biden appointee, announced the bulk of the aid while making an unscheduled visit to Kyiv. In meetings with senior Ukrainian officials, Blinken said the Biden administration had…
Putin to Look at Revising ‘Cheating’ Ukrainian Grain Export Deal
September 8, 2022
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Business & Marketscheatedeconomic policieseconomyEuropefertilizerMarketsRussiaRussia-Ukraine WarUkrainianVladimir PutinWorld
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VLADIVOSTOK, Russia—President Vladimir Putin said on Wednesday that Russia and the developing world had been “cheated” by a U.N.-brokered Ukrainian grain export deal, vowing to look to revise its terms to limit the countries that can receive shipments. Speaking at an economic forum in the city of Vladivostok in Russia’s Far East, Putin took aim…
Putin Says Developing World Being ‘Cheated’ by Ukraine Grain Deal
September 8, 2022
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Business & Marketscheatedeconomic policieseconomyEuropefertilizerMarketsRussiaRussia-Ukraine WarUkrainianVladimir PutinWorld
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VLADIVOSTOK, Russia—President Vladimir Putin said on Wednesday that Russia and the developing world had been “cheated” by an UN-brokered Ukrainian grain export deal, vowing to look to revise its terms to limit the countries that can receive shipments. Speaking at an economic forum in the city of Vladivostok in Russia’s Far East, Putin took aim…
The War in Ukraine: A Challenge for the Global Economy
September 7, 2022
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Business & MarketsEuropeInternationalInternational Monetary FundOpinionRussia-Ukraine WarRussian oilViewpointsWorldWorld Economy
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Commentary In the Washington Post, Julian Lee reports that the United States, the United Kingdom, and Canada “have announced bans on Russian oil, while the European Union plans to ban seaborne imports of Russian crude by December and refined fuels by early 2023.” Lee also notes that “the Group of Seven most industrialized countries agreed…
Austria Announces Price Cap to Curb Rising Power Prices
BERLIN—The Austrian government on Wednesday announced plans for a power price cap to curb the rise in energy costs tied to Russia’s war in Ukraine. Chancellor Karl Nehammer said the cap should ease costs for an average household of three by about 500 euros ($494) per year. The government will provide around 3–4 billion euros…
EU Plans to Cap Russian Gas Price as Putin Warns West of Winter Freeze
September 7, 2022
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Business & MarketseconomyenergyEuropeGasGold and CommoditiesInternationalMarketsRussiaRussia-Ukraine WarVladimir PutinWorld
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BRUSSELS/VLADIVOSTOK Russia—The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising the risk of rationing in some of the world’s richest countries this winter. The escalating standoff could drive up sky-high European gas prices further,…
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