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☆ A closely watched gauge of economic activity says no recession headed for the US
▼ + stars: | 2024-02-20 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

The Conference Board's Leading Economic Index fell to its lowest level since April 2020. It marks the first time since July 2022 that the gauge is not signaling a recession ahead. The Conference Board's Leading Economic Index– a gauge of future economic activity — dropped 0.4% to 102.7 in January, signaling the lowest level since April 2020 when the US economy was struck by the COVID-19 pandemic-spurred lockdowns. "The U.S. LEI fell further in January, as weekly hours worked in manufacturing continued to decline and the yield spread remained negative," the Conference Board's Justyna Zabinska-La Monica said on Tuesday. As a result, the leading index currently does not signal recession ahead."

Persons: —, LEI, Monica, Andrew Hollenhorst, David Rosenberg Organizations: Service, Conference Board, Federal Reserve Locations: U.S

☆ Polish PM Says There Is No 'Plan B' on EU Aid for Ukraine
▼ + stars: | 2024-02-01 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Polish Prime Minister Donald Tusk said on Thursday there was no "Plan B" on European Union aid for Ukraine and Hungarian Prime Minister Viktor Orban who is stalling it must decide if Hungary is "part of our community". "We need to play hard and play fair, but there is no room for compromise. Orban is the only one of the 27 to have voiced disapproval of an EU aid package and to request a yearly vote on the long-term aid. Thursday summit's is seen as a last opportunity to reach agreement on a four-year plan for 50 billion euros ($53.93 billion) of economic aid for Ukraine, which has been fighting a Russian invasion since 2022. The Latest Photos From Ukraine View All 91 Images($1 = 0.9272 euros)(Reporting by Justyna Pawlak; Writing by Anna Wlodarczak-Semczuk; Editing by Ros Russell)

Persons: Donald Tusk, Viktor Orban, Tusk, Orban, Justyna Pawlak, Anna Wlodarczak, Ros Russell Organizations: Reuters, Polish, Union, EU Locations: Ukraine, Hungarian, Hungary, Russian, Moscow

A forward-looking gauge of economic activity continued to soften in December, though the overall rate of decline improved in the last six months of 2023. The Conference Board’s Leading Economic Index fell by 0.1% in December, below expectations, yet contracted by 2.9% over the past six months, down from 4.3% for the prior six-month period. “Despite the overall decline, six out of 10 leading indicators made positive contributions to the LEI in December. Moreover, other recent economic data – consumer sentiment, retail sales and jobless claims – has been positive and consistent with an expanding economy. The Fed indicated then that members of its monetary policy committee favored at least three cuts in rates this year.

Persons: LEI, Justyna, “, ”, –, Shaan Raithatha Organizations: The Conference, Congress, Federal, Commerce Department, Vanguard, Fed Locations: U.S, Wells Fargo

☆ Armenia Seeks Western Support as Relations With Russia Deteriorate
▼ + stars: | 2023-10-25 | by ( Yaroslav Trofimov | Photographs Justyna Mielnikiewicz For The Wall Street Journal | ) www.wsj.com time to read: 1 min

YEREVAN, Armenia—Abandoned by its traditional Russian ally and squeezed between two hostile neighbors, Armenia is reaching out for Western support as it fears another war. This week, the landlocked country of three million people signed a deal to purchase from France modern air defenses, moving to fill a key capability gap that allowed Azerbaijan to rout Armenian forces in 2020. The agreement was announced in Paris as some 3,000 Turkish and Azerbaijani troops began joint drills on both sides of Armenia.

Locations: YEREVAN, Armenia, France, Azerbaijan, Paris

Sales rose in the Northeast but fell elsewhere, although sales were down year to year throughout the country. Sales are now running at an annual rate of 3.96 million, down 15.4% from 4.68 million a year ago. On Tuesday, the Census Bureau reported that retail sales rose by 0.7%, more than twice what had been expected, as consumers flocked to eating and dining establishments and shopped more online. Among middle-income households, 25% plan to spend more, while 16% of low-income households will increase holiday spending. “Despite a lot of the negativity you see everywhere, consumers seem pretty resilient,” Rose says.

Persons: ”, Lawrence Yun, LEI, Justyna, Monica, TransUnion, Mark Rose, ” Rose Organizations: National Association of Realtors, Federal, Conference, The Conference Board, “, The, Board, Federal Reserve Bank, Atlanta’s, Census Bureau, Labor Department

☆ Poland holds high-stakes election amid rows over democratic rule
▼ + stars: | 2023-10-15 | by ( Justyna Pawlak | ) www.reuters.com time to read: +4 min

[1/2] Robert Biedron, Wlodzimierz Czarzasty, Anna Maria Zukowska, Joanna Scheuring-Wielgus, Adrian Zandberg and Magdalena Biejat of the New Left (Nowa Lewica) alliance gesture during the final day of campaigning for the parliamentary elections in Warsaw, Poland, October 13, 2023. Opinion polls suggest PiS will come out ahead but could lose its majority amid intensifying discontent over its democratic record, which has cost Poland billions of euros in EU aid, and concerns over women's rights and the cost of living. "This election will show whether Poland will be governed by Poles, or by Berlin or Brussels," PiS leader Jaroslaw Kaczynski told supporters at the party's last campaign rally on Friday. It has built its support on generous social handouts, which it says rival parties will stop. Tusk says his party would maintain social support.

Persons: Robert Biedron, Wlodzimierz Czarzasty, Anna Maria Zukowska, Joanna Scheuring, Adrian Zandberg, Magdalena Biejat, PiS, Jaroslaw Kaczynski, Donald Tusk, Tusk, Rafal Trzaskowski, Pawel Florkiewicz, Giles Elgood Organizations: New, Law and Justice, European Union, EU, NATO, liberal Civic Coalition, European, Warsaw, Confederation, JPMorgan, Thomson Locations: Warsaw, Poland, Slawomir, WARSAW, Ukraine, Washington, Kyiv, Berlin, Brussels, Skarzysko Kamienna, Kalisz

"Public media are paid for with our taxes in order to give citizens access to fair information. And that's particularly important at... election time," said Joanna Krawczyk from the German Marshall Fund, a think-tank. PiS says private media outlets such as Warner Bros' (WBD.O) TVN often distort public debate by representing foreign interests. This perceived bias in public broadcasting has exacerbated political divisions in Polish society. "When she watches TVP, he goes to the kitchen."

Persons: Kacper, TVP, Szalai, RSF, Joanna Krawczyk, KRRiT, PiS, Grzegorz Lewandowski, Donald Tusk, Alan Charlish, Gareth Jones Organizations: Telewizja Polska SA, REUTERS, Sunday Government, WARSAW, Law and Justice, Media, German Marshall Fund, European Union, Civic Coalition, Reuters, Warner Bros, TVN, European Centre for Press, Media Freedom, Thomson Locations: Warsaw, Poland, TVP, Sochaczew, Hungary, Turkey, Russia

☆ Poland’s goodwill toward Ukraine is eroding. The far right is taking advantage
▼ + stars: | 2023-10-13 | by ( Rob Picheta | ) edition.cnn.com time to read: +15 min

The group is capturing voters from the ruling populist party, forcing a hardening in the government's tone towards Ukraine. Anna Martynenko fled to Poland with her sons, in the first weeks of the war in Ukraine. “In our relationship, between Poland and Ukraine, there were many things that were not solved – for years,” he adds, with some weariness. But whoever enters power next week, displaced Ukrainian Martynenko believes – and hopes – that Poland’s support will not waver further. When Poles welcomed her last spring after she fled Ukraine, “I knew that everything is OK,” she said.

Persons: they’re, Poland’s, “, I’m, ”, Przemysław Chinek, –, Rob Picheta, Zelensky, Mateusz, Tomasz Piotr, Katarzyna, Anna Martynenko, Gianmarco Ercolani, Pew, Dan Kitwood, Sławomir Mentzen, TikTok, Martynenko, Filip Gajos, Mentzen, ” Chinek, “ Everybody, Dariusz Stola, ” Stola, “ There’s, Simon Oshinski, Volodymyr Zelensky, Rob Picheta “, Adam Zaleski’s, we’re, Adam Zaleski, Slovakia –, ” Zaleski, Zaleski, Justyna –, Rob Picheta Zaleski Organizations: Poland CNN, European Union, CNN, Confederation, Law, Justice, Ukraine, NATO, Pew Research Center, Twitter, “, ”, Polish Academy of Sciences, EU, United Nations General Assembly, PiS Locations: Lublin, Kostrogaj, Poland, wardrobes, European, Lublin’s, Russia, Ukraine, “, Ukraine’s, Moscow, Kyiv, Warsaw, Lodz, “ Ukraine, Soviet Union, Volhynia, Poland’s, Europe, Hungary, Slovakia, Ukrainian

☆ Poland set for high-stakes election amid disputes over EU, democracy
▼ + stars: | 2023-10-11 | by ( Alan Charlish | ) www.reuters.com time to read: +5 min

[1/2] Donald Tusk, the leader of the largest opposition grouping Civic Coalition (KO), walks towards an election convention in Lodz, Poland, October 10, 2023. "I know... that they are planning systematically, in cold blood, to take Poland out of the European Union," Donald Tusk, leader of the largest opposition grouping Civic Coalition (KO) told supporters. He repeated these words very often," PiS leader Jaroslaw Kaczynski told a campaign rally, hammering home his party's message that Tusk is a German stooge. The KO leader said he would unblock billions in funds withheld by the EU over rule-of-law concerns on day one after winning the election. Opinion polls suggest that PiS will remain the largest party in parliament but may fall short of a majority.

Persons: Donald Tusk, Kacper, PiS, Jaroslaw Kaczynski, Tusk, Andrzej Duda, Szymon Holownia, Alan Charlish, Jan Strupczewski, Gareth Jones Organizations: Civic Coalition, REUTERS, Sunday, Ukraine WARSAW, European Union, Law and Justice, European, PiS, NATO, Confederation, Thomson Locations: Lodz, Poland, Ukraine, Germany, German, European, Belarus, Warsaw, Brussels

☆ Role of women in society at stake in Polish election
▼ + stars: | 2023-10-10 | by ( Anna Wlodarczak-Semczuk | ) www.reuters.com time to read: +5 min

"PiS doesn't respect women," Magdalena Bojko, a 36-year-old office worker, said during an opposition rally this month. Some surveys show the mainstream opposition could form a majority government even if PiS is in first place. Activists say that's in part because women are scared of having children following a handful of cases when pregnant women died of sepsis in hospitals as doctors waited for the fetus' heart to stop beating. "Women in Poland are terrified." "The opposition says the biggest problem for women is the lack of access to abortion.

Persons: Kacper, Agata, Magdalena Bojko, PiS, Anna Materska, Antonina Lewandowska, Anna Giszczak, Karolina Kowalewska, Agnieszka Pikulicka, Justyna Pawlak, Christina Fincher Organizations: REUTERS, Rights, Law and Justice, Foundation, Civic Coalition, Reuters, Political, Warsaw University, Foundation for Women, Thomson Locations: Europe, Warsaw, Poland

☆ Poland Election Turns Germany Into Punchbag, Straining Western Alliance
▼ + stars: | 2023-10-05 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +7 min

In another dispute, Warsaw resisted a German offer to station Patriot missile air defence units in Poland before eventually agreeing to it. Among the sticking points, one German source said Poland was asking for too much money for the repair works. Another source, a German diplomat, said the talks failed partly because German companies were reluctant to share technical information. SOURING RELATIONSWhile ties between Poland and Germany have been frosty since PiS first came to power in 2015, Poles now see them worsening. Just 47% think relations are good, according to a German Polish barometer poll this year, down from 72% in 2020.

Persons: Marek Strzelecki, Sabine Siebold, Anna Koper, Donald Tusk, PiS, Mateusz Morawiecki, Tusk, Angela Merkel, Olaf Scholz, General Ben Hodges, Krauss, Maffei, Sebastian Chwalek, Thomas Kleine, Berlin, mushroomed, Camp David, ” Hodges, Joe, Biden, Andrzej, Duda, Chancellor Scholz, Justyna Pawlak, Anna Wlodarczak, Alan Charlish, Sarah Marsh, Andreas Rinke, Matthias Williams, Mark Heinrich Organizations: Anna, Anna Koper WARSAW, NATO, Justice, Nazi Wehrmacht, Patriot, Law, Justice Party, U.S, Army, Reuters, Rheinmetall, Polska, Patriots, Foreign, German Marshall Fund Locations: BERLIN, Germany, Berlin, Ukraine, Polish, Nazi, EU, Slovakia, Poland, Warsaw, U.S, Europe, German, PiS, Japan, South Korea

Persons: Olaf Scholz, Andrzej Duda, Thibault Camus, Donald Tusk, PiS, Mateusz Morawiecki, Tusk, Angela Merkel, General Ben Hodges, Krauss, Maffei, Sebastian Chwalek, Thomas Kleine, Berlin, mushroomed, Camp David, ” Hodges, Joe, Biden, Andrzej, Duda, Chancellor Scholz, Justyna Pawlak, Marek Strzelecki, Anna Koper, Anna Wlodarczak, Alan Charlish, Sarah Marsh, Sabine Siebold, Andreas Rinke, Matthias Williams, Mark Heinrich Our Organizations: Russia, goading, NATO, Justice, Nazi Wehrmacht, Patriot, Law, Justice Party, U.S, Army, Reuters, Rheinmetall, Polska, Patriots, Foreign, German Marshall Fund, Thomson Locations: Ukraine, Berlin, Germany, Russia Berlin, goading Warsaw, WARSAW, BERLIN, Polish, Nazi, EU, Slovakia, Poland, Warsaw, U.S, Europe, German, PiS, Japan, South Korea

☆ Thousands gather in Warsaw for opposition rally ahead of tight election
▼ + stars: | 2023-10-01 | by ( Justyna Pawlak | ) www.reuters.com time to read: +3 min

[1/6] Overview of crowds and city skyline during the "March of a Million Hearts" (Marsz Miliona Serc) opposition rally, two weeks ahead of the parliamentary election, in Warsaw, Poland October 1, 2023. The opposition is hoping Sunday's march becomes the biggest in decades and galvanises voters to participate in the election. Some carried banners saying "PiSexit" or "The cat can stay", referring to the pet animal of PiS leader Jaroslaw Kaczynski. And we have been denied this money because someone has decided to destroy democracy in Poland," Warsaw mayor Rafal Trzaskowski told those at the rally. Reporting by Justyna Pawlak, Marek Strzelecki and Kuba Stezycki; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Agencja, Slawomir Kaminski, Donald Tusk, Hanna Chaciewicz, Tusk, Jaroslaw Kaczynski, PiS, Rafal Trzaskowski, Justyna Pawlak, Marek Strzelecki, Hugh Lawson Organizations: REUTERS Acquire, Rights, European Union, Law and Justice, European, TVP, Warsaw, Thomson Locations: Warsaw, Poland, EU, Otwock, Public, Brussels

☆ ‘I’m Alive but I Feel Dead’: Inside an Exodus Decades in the Making
▼ + stars: | 2023-09-28 | by ( Ann M. Simmons | Photographs Justyna Mielnikiewicz For The Wall Street Journal | ) www.wsj.com time to read: 1 min

GORIS, Armenia—It took a whole day for Ararat Ghahriyan and his family to make it out through the narrow corridor of land leading to Armenia. Normally the trip would only take a couple of hours. But since Azerbaijan took control of Nagorno-Karabakh last week after decades of confrontation and war, a deluge of cars, trucks and buses has swamped the one road out, with more than half the enclave’s 120,000 population now having left. Many of the rest appear set to follow.

Organizations: Ararat Ghahriyan Locations: GORIS, Armenia, Azerbaijan, Nagorno, Karabakh

A widely followed gauge of future economic activity declined 0.4% in August, continuing a nearly 18-month drop, the Conference Board said on Thursday. The business organization’s Leading Economic Index is now down 3.8% over the past six months and is exhibiting all the signs that a recession is imminent. “The leading index continued to be negatively impacted in August by weak new orders, deteriorating consumer expectations of business conditions, high interest rates, and tight credit conditions. Economists have generally been surprised by the strength of the U.S. economy this year, especially the resilience of the labor market in the face of rising interest rates. However, prices are holding firm with the median price of an existing home reaching $407,100 – up 3.9% from a year ago.

Persons: ”, Justyna, Monica, Jerome Powell, “ I’ve, “ It’s Organizations: Conference, US, Board, Federal Reserve, National Association of Realtors Locations: U.S

☆ Analysis-Poland's PiS Faces Far-Right Challenge Over Ukraine Support
▼ + stars: | 2023-09-19 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +5 min

While Poles' overall attitudes to Ukrainian refugees remain positive and support for Kyiv's war effort is almost unanimous, research shows that critical views are becoming more widespread. SHIFTING VIEWSA survey last month showed that the number of Poles who support allowing refugees from Ukraine in has fallen to 69% from 91% just after the war started. Other research has shown a higher level of aversion to Ukrainian refugees among young women than in other demographics. POLISH PUSHBACKIt is against this political backdrop that PiS decided to extend a ban on Ukrainian grain imports in response to rising anger in the party's rural heartlands. "When it was necessary, we opened our hearts, we opened our homes for refugees from Ukraine," Prime Minister Mateusz Morawiecki said.

Persons: Alan Charlish, Marek Strzelecki WARSAW, Slawomir Mentzen, Piotr Muller, CBOS, Anna Brylka, PiS, Mateusz Morawiecki, Poland, Marek Strzelecki, Agnieszka Pikulicka, Justyna, Gareth Jones Organizations: Russia, Justice, Confederation, Reuters, EU, Ukraine Locations: Ukraine, Poland, Hungary, Slovakia, Warsaw, heartlands, Kyiv, Western

☆ Catholic Church beatifies Polish family for sheltering Jews
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +4 min

[1/5] Clergy attend the beatification ceremony of the Ulma family, who were murdered by German Nazis for sheltering Jews in Markowa, Poland September 10, 2023. Patryk Ogorzalek/Agencja Wyborcza.pl via REUTERS Acquire Licensing RightsWARSAW, Sept 10 (Reuters) - The Catholic Church beatified on Sunday a Polish family of nine, including a new-born baby, who died at the hands of Nazi Germans during World War Two for sheltering a Jewish family from the Holocaust. Speaking at the Vatican, Pope Francis described the Polish family as a "ray of light" in the darkness of World War Two and said they should serve as a model for others to follow. Polish President Andrzej Duda thanked the Catholic church for the beatification on behalf of the nation. HOLOCAUSTSome three million Jews who lived in pre-war Poland were murdered during the Nazi German Holocaust, accounting for about half of all Jews killed during World War Two.

Persons: Patryk, Wyborcza.pl, Jozef, Wiktoria Ulma, Cardinal Marcello Semeraro, Pope Francis, God, fearlessly, Pope, Andrzej Duda, PiS, Dariusz Libionka, Libionka, Jan Grabowski, Michael Schudrich, Justyna Pawlak, Anna Wlodarczak, Alan Charlish, Sharon Singleton Organizations: REUTERS Acquire, Rights, Catholic, Poland's, Roman Catholic Church, Vatican, Law and Justice, Polish Academy of Sciences, Poland's Institute for National, Thomson Locations: Markowa, Poland, Nazi, Polish, St Peter's, Auschwitz, Treblinka, Belzec, Sobibor

☆ Polish central bank stuns with 75 bps rate cut, zloty plunges
▼ + stars: | 2023-09-06 | by ( Anna Koper | ) www.reuters.com time to read: +3 min

WARSAW, Sept 5 (Reuters) - Poland's central bank cut its main interest rate by 75 basis points to 6.00% on Wednesday, in a shock decision ahead of October elections that sent the zloty currency tumbling against the euro. The National Bank of Poland (NBP) said it took the decision because it expects inflation to return to target faster than originally expected. It said that the adjustment to interest rates would be "conducive to meeting the NBP inflation target in the medium term". NBP Governor Adam Glapinski had previously signalled that a rate cut could come in September if inflation fell to single digits. "We have already said that it is too early for a rate cut, and certainly such an aggressive rate cut, when the prospects (of a slowdown) in inflation are still distant," said Piotr Bielski, director of the economic analysis department of Santander Bank Polska.

Persons: Adam Glapinski, Piotr Bielski, J.P, Morgan, Wojciech Paczos, Jaroslaw Kaczynski, Anna Koper, Pawel Florkiewicz, Alan Charlish, Anna Wlodarczak, Karol Badohal, Marc Jones, Justyna Pawlak, Nick Macfie, Sharon Singleton, Marguerita Choy Organizations: Reuters, National Bank of Poland, Santander Bank Polska, Cardiff University, Justice, Thomson Locations: WARSAW, NBP, Poland, Pawel

☆ US leading indicator falls further in July
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

People walk on the corner of 34th street and 8th avenue outside Pennsylvania Station in New York City, U.S., June 16, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsWASHINGTON, Aug 17 (Reuters) - A gauge of future U.S. economic activity dropped for the 16th straight month in July, though the pace of decline slowed from earlier in the year, a survey showed on Thursday. The Conference Board said its Leading Economic Index fell 0.4% last month after declining 0.7% in June. "The leading index continues to suggest that economic activity is likely to decelerate and descend into mild contraction in the months ahead," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. Reporting by Lucia Mutikani; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Shannon Stapleton, Justyna, Monica, Lucia Mutikani, Chizu Organizations: REUTERS, Rights, Board, The Conference Board, Conference Board, Thomson Locations: New York City, U.S

☆ Finns Party mastermind defends long-term goal to leave the EU
▼ + stars: | 2023-08-12 | by ( Anne Kauranen | ) www.reuters.com time to read: +3 min

Opinion polls show the hardline former party leader is unlikely to win the presidency, but his views are influential within the Finns Party, which is part of the right-wing government that took office in June. Delegates at the weekend conference discussed the party's EU stance in light of the Ukraine war and its governing alliance with pro-EU allies. The Finns Party backed the country joining NATO this year. The Finns Party congress also rejected the EU's proposed Nature Restoration Law, with Tavio calling it "a sad example of the acceleration of the EU's dictatorial policy under the guise of climate change". The Finns Party has suffered two setbacks in recent weeks.

Persons: Jussi Halla, Anne Kauranen HELSINKI, Party's Jussi Halla, aho, Halla, Ville Tavio, Vilhelm Junnila, Riikka Purra, Anne Kauranen, Justyna Pawlak, Hugh Lawson, Helen Popper Our Organizations: REUTERS, European Union, Saturday ., Finns Party, EU, Reuters, NATO, Foreign Trade, Restoration, Thomson Locations: Helsinki, Finland, Ukraine, EU, Western Europe, Europe, Halla

☆ U.S. leading indicators point to recession starting soon
▼ + stars: | 2023-07-20 | by ( Safiyah Riddle | ) www.reuters.com time to read: +1 min

The Conference Board on Thursday said its Leading Economic Index, a measure that anticipates future economic activity, declined by 0.7% in June to 106.1 following a revised decrease of 0.6% in May. “Taken together, June’s data suggests economic activity will continue to decelerate in the months ahead,” Justyna Zabinska-La Monica, senior manager of business cycle indicators at The Conference Board, said in a statement. The Conference Board reiterated its forecast that the U.S. economy is likely to be in recession from the current third quarter to the first quarter of 2024. "Elevated prices, tighter monetary policy, harder-to-get credit, and reduced government spending are poised to dampen economic growth further," Zabinska-La Monica said. The Conference Board said the contraction in the LEI is accelerating, falling 4.2% over the last six months compared to 3.8% between June and December 2022.

Persons: ” Justyna, Monica, Safiyah Riddle, Andrea Ricci Organizations: The Conference, Board, Thomson Locations: U.S

"Today there are security guarantees for Ukraine on the way to NATO," he said. "The Ukraine delegation is bringing home a significant security victory for Ukraine." Speaking earlier alongside Zelenskiy, NATO Secretary General Jens Stoltenberg said Ukraine was closer to the alliance than ever before, and brushed aside new warnings from Russia about the consequences of supporting Ukraine. The security assurances for Ukraine had to be "credible", he said, in order to deter Russia from future attacks. Kremlin spokesman Dmitry Peskov said it was "potentially very dangerous" for the West to give Ukraine security guarantees.

Persons: Volodymyr Zelenskiy, Joe Biden, we're, Biden, Zelenskiy, Jens Stoltenberg, Rishi Sunak, Yves Herman, Stoltenberg, Dmitry Peskov, Dmitry Medvedev, Vladimir Putin, John Irish, Steve Holland, Justyna Pawlak, Sabine Siebold, Andrew Gray, Max Hunder, Gabriela Baczynska, Matthias Williams, Alex Richardson, William Maclean Organizations: Ukraine Ukrainian, Ukraine, NATO, Kyiv, U.S, British, REUTERS, Zelenskiy, Twitter, Thomson Locations: United States, Ukraine, U.S, VILNIUS, Russia, Russian, Germany, Japan, France, Canada, Italy, Britain, Zelenskiy, Vilnius, Lithuania, Budapest, Moscow, Netherlands, NATO, Kyiv, Soviet Union, Washington, Berlin, Europe

☆ Factbox: Denied a NATO invitation, Ukraine still reaps rewards at summit
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +3 min

VILNIUS, July 12 (Reuters) - NATO leaders at this week's summit in Vilnius said Ukraine should be able to join the military alliance at some point in the future but dashed Kyiv's hopes for an immediate invitation. Below are some of the main commitments pledged to Ukraine in connection with the summit. In a declaration, NATO countries also pledged its support for Ukraine for "as long as it takes". Britain will also launch a project through NATO to establish a medical rehabilitation centre for Ukrainian soldiers. NORWEGIAN SUPPORTNorway will increase its military support to Ukraine by 2.5 billion crowns ($239 million) this year to 10 billion.

Persons: Volodymyr Zelenskiy, Niklas Pollard, John Irish, Sabine Siebold, Andrew Gray, Justyna, Alex Richardson Organizations: NATO, Ukraine Council, Ukraine, France, Challenger, GERMAN PATRIOTS German, Thomson Locations: VILNIUS, Vilnius, Ukraine, Russia, NATO, Kyiv, Moscow, Britain, Ukrainian, Denmark, Romania, Norway

Zelenskiy said: "Today there are security guarantees for Ukraine on the way to NATO...that shall be further extended through arrangements with our key partners. Kremlin spokesman Dmitry Peskov called the G7 move misguided and "potentially very dangerous" for the West to give Ukraine security guarantees, which it said would infringe on Russia's own security. The declaration said the G7 nations would begin bilateral talks with Ukraine immediately. "We will work with Ukraine on an enhanced package of security commitments and arrangements in case of future aggression to enable Ukraine to defend its territory and sovereignty," the G7 said. Germany has already said that it would initially provide 12 billion euros in military support for Ukraine through 2032, including 3.2 billion euros for 2023.

Persons: Volodymyr Zelenskiy, Joe Biden, Zelenskiy, Dmitry Peskov, Ben Wallace, Andrew Gray, Steve Holland, Sabine Siebold, Alex Richardson, Mark Heinrich Our Organizations: NATO, REUTERS, Kremlin, Wednesday, Ukraine, Soviet Union, European Union, White, U.S, Kyiv, Israel, British, Thomson Locations: Ukraine, Vilnius, Lithuania, VILNIUS, Russia, Moscow, Britain, France, Germany, United States, Soviet, Japan, Canada, Italy, Washington, Israel, Kyiv

VILNIUS, July 11 (Reuters) - A coalition of 11 nations will start training Ukrainian pilots to fly F-16 fighter jets in August in Denmark, and a training centre will be set up in Romania, officials said on Tuesday on the sidelines of a NATO summit in Lithuania. NATO members Denmark and the Netherlands have been leading international efforts to train pilots as well as support staff, maintain aircraft and ultimately enable the supply of F-16s to Ukraine in its war with Russia. Kyiv, which has launched a counteroffensive against Russian forces, has repeatedly called for Western countries to supply aircraft and train its pilots to fly them, to successfully counter Moscow's aerial dominance. That's why for us it is very important that this fighter jet coalition starts up," Ukrainian Defence Minister Oleksii Reznikov told reporters. "I hope - I am an optimist - that after six months we will see results," he said.

Persons: Troels Lund Poulsen, Oleksii Reznikov, Niklas Pollard, Justyna Organizations: NATO, Russian, Ukrainian Defence, Thomson Locations: VILNIUS, Ukrainian, Denmark, Romania, Lithuania, Netherlands, Ukraine, Russia, Poland, Slovakia

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