Tag: Ukraine

Pentagon Responds to Russia’s ‘Satan 2’ Missile Test

The Pentagon on Wednesday said Russia notified the United States ahead of its test launch of an intercontinental ballistic missile. Russia’s first test launch of its Sarmat intercontinental ballistic missile, a new addition to its nuclear arsenal, was not deemed as a “threat” to the United States and its allies, the Pentagon said. Russian President…


China Threatens the Breakup of Europe

News Analysis As Russian President Vladimir Putin escalates the war in Ukraine to that of nuclear threats, massacre, and the systemic rape of children in cities like Bucha, China continues its diplomatic support of Russia, including now by threatening the breakup of the European Union. China’s state-controlled Global Times mooted the idea under the guise…


Russia Says It Will Not Disclose Banks Linked to SWIFT Alternative: Report

Russia’s central bank announced Tuesday that it would no longer disclose the names of banks that use its alternative to the SWIFT payment system. The move comes after several Russian banks were banned from SWIFT—the cross-border payment system operator—as part of measures that came in response to President Vladimir Putin’s invasion of neighboring Ukraine, which…


Putin Says Russia Tested Intercontinental Ballistic Missile, Foes Should ‘Think Twice’

Russian President Vladimir Putin on Wednesday announced his country tested the Sarmat intercontinental ballistic missile (ICBM), which has been under development for years but comes as the conflict in Ukraine reaches its second month. The nuclear-capable Sarmat, dubbed by NATO and the West as the “Satan II,” is counted among Moscow’s next-generation weapons, including Kinzhal…


Trudeau Says Heavy Artillery Coming for Ukraine, but Stays Mum on Details

Prime Minister Justin Trudeau isn’t going to provide more details about his government’s pledge to send a new round of military aid to Ukraine—at least not yet. The prime minister said Wednesday that he doesn’t want to outline the specifics of what will be sent, and where the government is getting it from, because of…


Ukraine Receives Fighter Jets From Unnamed US Ally: Pentagon

The Department of Defense confirmed that Ukraine has received fighter jets from an undisclosed U.S. ally amid the weekslong Russian invasion. Ukrainian forces “right now have available to them more fixed-wing fighter aircraft than they did two weeks ago,” Pentagon spokesman John Kirby said Tuesday. “Without getting into what other nations are providing, [Ukrainian forces] have received…


Family of Captured Briton Claim ‘Propaganda’ Video Breached Geneva Convention

The family of a British man captured while fighting with Ukrainian armed forces have spoken of their distress at TV footage of him shown on Russian television. Relatives of Aiden Aslin also denounced claims that the 28-year-old is a “volunteer, a mercenary, or a spy” as propaganda issued by the Kremlin. In a statement issued…


Oil Rebounds as Supply Concerns Dominate

LONDON—Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from Russia and Libya drove a recovery from the previous session’s sharp losses. Brent crude futures rose $1.46, or 1.4 percent, to $108.71 a barrel by 1139 GMT. The front-month WTI crude futures contract, which expires on Wednesday,…


Hasbro Misses Profit Estimates, Warns of $100 Million Russia Hit

Toymaker Hasbro Inc. on Tuesday missed Wall Street estimates for quarterly profit and warned of a potential revenue hit of about $100 million this year due to Russia’s invasion of Ukraine. Hasbro’s shares fell 2 percent to $81.80 in low-volume premarket trading as a jump in freight and raw material costs bit into the company’s…


IMF Cuts Global Growth Forecast Due to ‘Seismic Waves’ From Russia’s War in Ukraine

WASHINGTON—The International Monetary Fund on Tuesday slashed its forecast for global economic growth by nearly a full percentage point, citing Russia’s war in Ukraine, and warning that inflation was now a “clear and present danger” for many countries. The war is expected to further increase inflation, the IMF said in its latest World Economic Outlook,…