U.S. Senator Josh Hawley (R-Mo.) discusses China and Ukraine at 12:00 p.m. ET on Feb. 16, in a Heritage Foundation discussion on “a new defense policy that prioritizes our biggest threat, challenges the consensus on Ukraine, and safeguards Americans at home.” The Epoch Times will livestream the event. …
LIVE 12:15 PM ET: Sen. Hawley on China and Ukraine in a Discussion by Heritage Foundation
Nestle Plans Price Hikes After Costs Eat Into Profits
ZURICH/LONDON—The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly ingredients contributed to making its 2022 profit miss market forecasts. Rivals have said they anticipate a more positive pricing outlook for shoppers in 2023. But Schneider said further rises were necessary to offset…
Russia Strikes Across Ukraine as Push for Embattled Bakhmut Grinds On
KYIV—Russia battered Ukraine with multiple missile strikes on Thursday as its troops sought to advance in the east, Kyiv said, while Western allies pledged to keep military aid flowing for an intended Ukrainian spring counter-offensive. Following a pattern of heavy bombardments at times of Ukrainian battlefield or diplomatic advances, Russia launched 32 missiles in the…
EU Debates 11 Billion Euro Worth of Trade Curbs in New Russia Sanctions
BRUSSELS—Representatives of the 27 European Union countries meet in Brussels on Wednesday to discuss a new batch of sanctions against Russia, which the head of the bloc’s executive said could cost 11 billion euros ($11.8 bln) in lost trade. The bloc is expected to agree new sanctions to mark the one-year anniversary of Russia’s invasion…
Russia Declares Battlefield Gains as Ukraine Urges Faster Military Aid
KYIV—Russia said on Wednesday it had broken through two fortified Ukrainian defence lines on the eastern front, with Kyiv describing conditions there as difficult and Western allies announcing more military aid including artillery rounds. The Russian Defence Ministry said the Ukrainians had retreated in the face of Russian attacks in the Luhansk region, although it…
China Aids Russia’s War in Ukraine: Reports
Recent reports show that the Chinese communist regime is providing technology to Russia for its war in Ukraine, despite international sanctions and export controls. According to a Wall Street Journal review of Russian customs data on Feb. 4, Chinese state-owned defense companies have been “shipping navigation equipment, jamming technology and jet-fighter parts to sanctioned Russian…
Eighth Briton Dies in Ukraine Since Russian Invasion Began
A man has become the eighth British national to die in Ukraine since the start of Russia’s invasion on Feb. 24, 2022. The identity of the individual is not yet known but the UK Foreign Office said their family has been informed. A Foreign Office spokesperson said: “We are supporting the family of a British…
Russia Deploys Ships With Tactical Nuclear Weapons for First Time in 3 Decades: Norwegian Intelligence
Russia has begun deploying ships armed with tactical nuclear weapons in the Baltic Sea for the first time since the Cold War, the Norwegian Intelligence Service said in a report on Feb. 13. According to the report (pdf), the vessels belong to Russia’s Northern Fleet. “With weakened conventional capability, the importance of nuclear weapons for Russia…
Fighter Jets Scramble to Intercept 3 Military Aircraft Near NATO Airspace
Dutch F-35 fighter jets were scrambled and intercepted a formation of Russian military planes flying near Polish airspace, said Dutch defense officials on Tuesday. The Netherlands’ Ministry of Defense said that the three Russian jets were escorted out by two F-35 fighters. “The-then unknown aircraft approached the Polish NATO area of responsibility from Kaliningrad,” the…
IMF Says World Needs to Prepare for the ‘Unthinkable’ After COVID, War in Ukraine
International Monetary Fund Managing Director Kristalina Georgieva has warned that the world needs to be prepared to better handle shocks and “the unthinkable” in a post-COVID-19 world and in light of the ongoing Russia-Ukraine war. Georgieva made the comments during a World Government Summit panel hosted by CNBC’s Hadley Gamble in Dubai on Feb. 14, where she…
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