FRONTLINES NORTH OF KHERSON, Ukraine—Russia announced on Friday it was finished calling up reservists to fight in Ukraine, having drafted 300,000 people in a month, with more than a quarter of them already sent to the battlefield. Defence Minister Sergei Shoigu was shown on state television informing President Vladimir Putin that 82,000 reservists were now…
Unwilling Conscripts Weak Link in Russian Military
Commentary Hundreds of thousands of Russians fleeing military conscription reveal a weak spot in Russia’s armor—an army that refuses to fight. In late September, Vladimir Putin ordered the conscription of 300,000 young Russian men to fight in the Ukraine war. Since then, Russians have been flooding into Georgia, Kazakhstan, and Mongolia to avoid the draft….
Nord Stream 1 Operator Sends Ship to Survey Pipeline Damage
October 28, 2022
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Business & MarketsCompaniesdamageenergyEuropeGold and CommoditiesMarketsNordstreampipelineRussiaRussia-Ukraine WarSurveyWorld
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BERLIN—A ship chartered by the operator of the Nord Stream 1 natural gas pipeline has arrived at the site of last month’s explosions under the Baltic Sea to survey the damage, the company said Thursday. Undersea explosions late last month ruptured Nord Stream 1, which until Russia cut off supplies at the end of August…
Saudi Blasts Release of US Oil Reserves as an Attempt to ‘Manipulate Markets’
October 28, 2022
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2022 Midterm ElectionsBiden administraitonBusiness & Marketseconomic policieseconomyenergyEuropeInvestmentMarketsMiddle EastOilOPECPolicies & ImpactsPoliticsRussia-Ukraine WarSaudi ArabiaStrategic Petroleum ReserveUSWorld
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The Saudi Arabian energy minister indirectly slammed the decision by the Biden administration to release oil from the Strategic Petroleum Reserve (SPR) as an attempt to “manipulate markets.” This is the latest spat between Riyadh and Washington over crude production. Saudi Energy Minister Prince Abdulaziz bin Salman did not directly mention President Joe Biden over…
White House Vows Response If Russia Attacks US Satellites; Putin Blames West for Ukraine War
Any response on U.S. infrastructure will be met with a response, the White House said on Thursday after a senior Russian foreign ministry official said Western commercial satellites could become legitimate targets for Russia if they were involved in the war in Ukraine. White House spokesman John Kirby, speaking to reporters, added that publicly available…
Australia to Deploy Military Personnel to Europe to Aid in Ukrainian Conflict
Australia will deploy a contingent of 70 military personnel to the United Kingdom and gift a further 30 Bushmaster armoured vehicles to Ukraine as part of its continued support for the war effort. The military personnel will join Operation INTERFLEX to provide infantry and cyber training in January 2023. Operation Interflex is a multi-national military…
Russia Warns West: We Can Target Your Commercial Satellites
LONDON—A senior Russian foreign ministry official said that commercial satellites from the United States and its allies could become legitimate targets for Russia if they were involved in the war in Ukraine. Russia, which in 1957 launched Sputnik 1, the first manmade satellite, into space and in 1961 put the first man in outer space,…
Mercedes-Benz to Sell Shares in Russian Subsidiaries to Local Investor, as Foreign Automakers Pull Out
October 27, 2022
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Business & MarketsCompanieseconomic policieseconomyEuropeInvestmentMarketsMercedes-BenzRussiaRussia-Ukraine WarsanctionsUkraineWorld
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Mercedes-Benz announced that it was pulling out of Russia and would sell all of its shares in its local subsidiaries to a little known Russian investor. The German automaker is the latest foreign car manufacturer to abandon the Russian market, after it suspended its local operations in early March, after the invasion of Ukraine. It was…
Steel Giant Shuts Down Plants in Germany, Sparking Energy Crisis Fears
October 26, 2022
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Business & MarketsCompanieseconomic policieseconomyenergyenergy crisisEuropeGermanyinflationMarketsrecessionRussia-Ukraine WarsteelWorld
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The energy crisis has been hitting Europe’s largest economy hard, with two of Germany’s largest steel manufacturing plants being forced to shut down. ArcelorMittal’s plan to deactivate one of its largest steel plants in Hamburg last month caused shockwaves through out the industry. The world’s second largest steel company also said it would later shut down…
Russia Rehearses Response to Nuclear Attack as Tensions Rise Over ‘Dirty Bomb’ Allegation
FRONT LINES NORTH OF KHERSON, Ukraine—Russia rehearsed its response to a nuclear attack on Wednesday in an exercise involving nuclear submarines, strategic bombers, and ballistic missiles at a time when tensions are high over a “dirty bomb” allegation it has made against Ukraine. Russian President Vladimir Putin remotely observed the annual exercise, called “Grom” or…
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