The United States will create a new permanent army headquarters in Poland and deploy additional land, air, and sea forces across the length and breadth of Europe in response to threats from Russia, President Joe Biden said on June 29. “I’m announcing the United States will enhance our force posture in Europe and respond to…
US Ramping Up Military Posture in Europe With Permanent Base in Poland
US Ramping Up Military Posture in Europe with Permanent Military Base in Poland
The United States will create a new permanent army headquarters in Poland and deploy additional land, air, and sea forces across the length and breadth of Europe in response to threats from Russia, President Joe Biden said on Wednesday. “I’m announcing the United States will enhance our force posture in Europe and respond to the…
Boris Johnson Under Pressure to Boost Defence Spending to Counter Russia Threat
British Prime Minister Boris Johnson is under pressure from senior Cabinet ministers and military chiefs to boost defence spending in response to the renewed threat posed by Russia following the invasion of Ukraine. The prime minister, who will call on allies to invest more to modernise European defence at the NATO summit in Madrid, has…
NATO Invites Sweden and Finland to Join in Midst of Russia-Ukraine War
NATO’s leadership formally invited Sweden and Finland to become members of the military bloc on Wednesday after Turkey’s president signaled that he wouldn’t block their bids. “Today we have decided to invite Finland and Sweden to become members of NATO, and agreed to sign Accession Protocols,” NATO said in a declaration following meetings in Madrid,…
Russian Missiles Rain Down on Ukraine as West Pledges Enduring Support
KYIV—Russian forces struck targets in the Mykolaiv region of southern Ukraine on Wednesday and intensified attacks on fronts across the country as NATO members met in Madrid to plan a course of action against the challenge from Moscow. Ukrainian President Volodymyr Zelenskyy told the NATO leaders his country needed more weapons and money to defend…
Germany Says Situation With Natural Gas Is ‘Tense’ and Could Deteriorate, After Sounding Gas Crisis Alarm
June 29, 2022
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Business & Marketscommoditieseconomic policieseconomyEuropeGermanyMarketsNatural gasRussia-Ukraine WarWorld
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Officials in Germany on Tuesday said that the situation with natural gas in the country was “tense” and could worsen, just days after the government triggered the “alert level” of its emergency gas plan. In its gas supply report, the country’s Federal Network Agency, also known as Bundesnetzagentur, announced that it is “monitoring the situation very closely…
All England Club Stands by Ban of Russian, Belarusian Players
The chairman of the All England Club stood by the decision to ban Russian and Belarusian players from Wimbledon, saying there was “no viable alternative.” Ian Hewitt made the comments during an interview with ESPN on Sunday, on the eve of The Championships. The AEC’s decision in April came in response to Russia’s invasion of…
Biden Raises US Tariff Rate on Certain Russian Imports to 35 Percent
June 29, 2022
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bidenBusiness & Marketscrisiseconomic policieseconomyEuropeExecutive BranchMarketsPoliticsRussiaRussia-Ukraine WartariffUkraineUSUS NewsWorld
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WASHINGTON—President Joe Biden on Monday raised the tariff rate on certain Russian imports to 35 percent as a result of suspending Russia’s “most favored nation” trading status over its war in Ukraine, according to a proclamation issued by the White House. The higher 35 percent duty applies to imports of “certain other products of the…
Japan to Coordinate With US in Setting Caps on Russian Oil Prices: Official
June 29, 2022
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Asia & PacificBusiness & MarketscommoditiesEuropefumio kishidaGroup of SevenJapanMarketsRussiaRussia-UkraineRussia-Ukraine WarThe United StatesWorld
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Japan has agreed to coordinate with the United States in setting a price cap on Russian oil exports to pressure Moscow to halt its aggression against Ukraine, according to a Japanese official. Japan’s Prime Minister Fumio Kishida met with U.S. President Joe Biden on the sidelines of the Group of Seven (G-7) summit on Sunday…
Russia Bans Biden Family Members, Officials, and Others in Retaliatory Sanctions
Russia on Tuesday banned U.S. First Lady Jill Biden and her daughter from entering the country in retaliation for the growing number of U.S. sanctions against Russia over its invasion of Ukraine, the country’s foreign ministry announced. In total, 25 U.S. citizens were included in the round of retaliatory Russian sanctions, including academics, U.S. government…
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