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☆ PR firms are running execs' LinkedIn profiles — and turning ghostwriting into big business
▼ + stars: | 2024-04-25 | by ( Marta Biino | Lauren Johnson | ) www.businessinsider.com time to read: +9 min

Executives looking to boost their own profiles have for years paid freelancers to ghostwrite their LinkedIn posts. Now big PR firms are getting into the game, and LinkedIn profile management is going mainstream. Business Insider spoke to 14 PR firms that said more companies are asking for LinkedIn writing and strategy services for their leaders. Zappa said he does not offer specific rates for LinkedIn posts and instead includes LinkedIn in broader content contracts. However, he estimated that PR firms solely focused on LinkedIn ghostwriting could charge companies $5,000 a month for three to five LinkedIn posts.

Persons: Erin Ledbetter, Weber Shandwick, Ogilvy, Contessa Kellogg, Winters, resharing, There's, Lana McGilvray, Katie Burcham Glasshoff, execs, Chris Harihar, Dan Allocca, Joe Zappa, Zappa, Nicola Dodd, Laura Franklin, Franklin, Kim Metcalfe, Zeno Group's, —, upend ghostwriting, William Dobinson, Farrer Kane, Greg Swan, Lewis Goldberg, Claude Organizations: Business, Zeno, LinkedIn, Weber, Purpose, The Washington Post, BCW, Crenshaw Communications, Sharp Pen Media, Ogilvy UK, ghostwriting, London, Finn Partners, KCSA Strategic Communications Locations: Ketchum, gatekeepers, Midwest

Luxury trains in India date back to its colonial era, when opulent carriages transported dignitaries, officials and royalty. Without the money to maintain them, India's luxury rail carriages were abandoned. Blending historical elegance with modern comforts, these trains are a glimpse into India's regal past. A peek inside a dining car and a cabin show the ornate details on board India's Palace on Wheels train. Indian food served in one of the dining cars on board the luxury Maharajas' Express.

Persons: —, Sergi Reboredo Organizations: Railways, Local, The Times, Vw, Getty Locations: India, Delhi, Jaipur, Agra, Rajasthan, India Price, South India, Mysore, Bengaluru, Mumbai, Delhi Price

☆ New UK laser weapon could be used against Russian drones in Ukraine, British defense secretary says
▼ + stars: | 2024-04-14 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

The UK's new laser weapon could be used in Ukraine, the UK defense secretary said. Grant Shapps hopes to speed up the roll out so it could be put to use on Ukraine's frontlines. AdvertisementA new high-tech laser weapon developed by the UK that is capable of shooting down enemy drones and missiles could be sent to Ukraine. AdvertisementFollowing the release of a video showing it in action in March, Ukrainian politician Oleksiy Goncharenko told Newsweek his country was "ready to test" DragonFire on the battlefield . Britain's Ministry of Defense has shown footage from tests of the DragonFire long-range laser weapon.

Persons: Grant Shapps, —, Shapps, Oleksiy Goncharenko, Anton Gerashchenko, …, EI11lr0gRZ — Anton Gerashchenko, DragonFire, Tim Kendall, they've Organizations: Service, Newsweek, Britain's Ministry of Defense, Telegraph, Defence Science, Technology Laboratory, MoD Locations: Ukraine, Salisbury, England, Europe, Ukrainian

☆ Some of Russia's 'prestigious' guided missiles may be malfunctioning and falling short of their targets: UK intelligence
▼ + stars: | 2024-04-10 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +1 min

Some Russian missiles may be malfunctioning and missing their targets, per British intelligence. "Issues in its production" could lead to rushed production jobs, the UK MOD says. AdvertisementPremium Russian cruise missiles might be malfunctioning and missing their targets, according to new intelligence from the UK Ministry of Defence. The UK MOD said on Tuesday that it analyzed open-source images taken on March 31, 2024, which showed missile wreckage in a field in Saratov Oblast, southern Russia. The UK MOD said the debris was initially considered remnants of a "possible Ukrainian uncrewed aerial vehicle."

Persons: — Organizations: Russian, MOD, Service, UK Ministry of Defence Locations: Saratov Oblast, Russia, Russian

☆ Louis Gossett Jr., 1st Black man to win supporting actor Oscar, dies at 87
▼ + stars: | 2024-03-29 | by ( ) www.cnbc.com time to read: +8 min

Louis Gossett Jr., the first Black man to win a supporting actor Oscar and an Emmy winner for his role in the seminal TV miniseries "Roots," has died. Gossett became the third Black Oscar nominee in the supporting actor category in 1983. "More than anything, it was a huge affirmation of my position as a Black actor," he wrote in his 2010 memoir, "An Actor and a Gentleman." "I knew too little to be nervous," Gossett wrote. Gossett went to Hollywood for the first time in 1961 to make the film version of "A Raisin in the Sun."

Persons: Louis Gossett Jr, Oscar, Gossett's, Neal L, Gossett, Nelson Mandela, Louis Gossett, Ben Vereen, LeVar Burton, John Amos, Richard Gere, Debra Winger, David Susskind, Ed Sullivan, Red Buttons, Merv Griffin, Jack Paar, Steve Allen, James Dean, Marilyn Monroe, Martin Landau, Steve McQueen, Frank Silvera, Sidney Poitier, Ruby Dee, Diana Sands, Billy Daniels, Sammy Davis Jr, Melvyn Douglas, Anne Baxter, Patrick O'Neal, Royce Corniche, Richard Pryor, Sharon Tate's, Charles Manson's, Louis Cameron Gossett, Louis Sr, Sadat, Dave Karger's, Satchel Paige, Josephine Baker, Oscar didn't, Satie, Robert Gossett, Hattie Glascoe, Christina Mangosing, Cyndi James, Reese Organizations: HOLLYWOOD, TCM, Associated Press, Oscar, Globe, Broadway, New York University, Hollywood, Beverly Hills Hotel, Universal Studios, Eracism Foundation, Rockford, Mamas, White Locations: CA, Hollywood , California, Santa Monica , California, Malibu, Brooklyn, Manhattan, Hollywood, Los Angeles County, Beverly Hills, Coney, Brooklyn , New York, Malibu .

☆ Reddit power users balk at chance to participate in IPO as Wall Street debut nears
▼ + stars: | 2024-03-20 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

It's not just market conditions that have Reddit moderators like Gilbert forgoing the investment opportunity. Reddit has long had a rocky relationship with moderators and the site's most dedicated users, or Redditors. In total, Reddit said underwriters have reserved 1.76 million of the 8 million shares in the IPO for the DSP. Meme stocksOf all companies, Reddit knows something about stock market volatility. However, given the dearth of tech IPOs since the start of 2022, White said Reddit's offering is "probably a little more risky."

Persons: Jonathan Raa, Sarah Gilbert, she's, She's, Airbnb, Doximity, Reddit's, Klaviyo —, It's, Gilbert forgoing, Reddit, Steve Huffman, Gilbert, you've, Alexis Ohanian, Twitch, BuckRowdy, Joshua White, White, FormicaDinette33, subreddits, it's, Wrestlegirl, Maharaj, shouldn't, He's, jeering, Courtnie Swearingen, Victoria Taylor, Swearingen, San, — CNBC's Cameron Costa Organizations: Nurphoto, Getty, New York Stock Exchange, Cornell University's Citizens, Technology, Google, YouTube, Facebook, CNBC, GameStop, AMC Entertainment, Vanderbilt University Locations: New, Chicago, San Francisco

☆ Britain shows off a laser weapon that could take out drones for as little as $13
▼ + stars: | 2024-03-14 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The UK has showcased its new laser weapon, DragonFire. Lasers could prove an effective new form of air defense against military drones. AdvertisementThe UK's Ministry of Defence has released new footage of its laser weapon DragonFire being tested. The UK's new laser weapon, DragonFire, in a video released in March 2024. A DragonFire laser takes out a drone in an animation sequence released by the UK MOD on March 11, 2024.

Persons: —, Iain Boyd Organizations: Ministry of Defence, Service, Defence, MoD, MOD, Royal Navy, Center for National Security, University of Colorado Locations: Scotland, China, Israel, Ukraine

☆ Everyone is angry at Germany after a series of snubs and screw-ups
▼ + stars: | 2024-03-06 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

Leaked German military discussions about sending Taurus missiles to Ukraine have caused discord. It's the latest diplomatic spat related to Germany and aid to Ukraine. After the US, Germany is the country sending the most military aid to Ukraine, at least in terms of volume. A mortifying leakPart of this anger was triggered by Russian state broadcaster RT publishing a 38-minute leaked recording of four German officials discussing how Ukraine could deploy German Taurus missiles. Taurus missiles are — very broadly speaking — Germany's equivalent to the Storm Shadow: powerful, long-range weapons with a strong ability to evade air defenses.

Persons: Olaf Scholz, —, Emmanuel Macron, Le, Ben Wallace, Scholz, Germany —, Der Westen, Dmitry Medvedev, Vladimir Putin, It's, Edward Hunter Christie, — Scholz, Antoine Gyori, Macron, Le Monde, Rafael Loss Organizations: Taurus, Service, RT, German Taurus, Associated Press, Storm, France, Politico, MOD, government's Foreign, France's Ministry of Defence, NATO, Russian Security, Finnish Institute of International Affairs, Macron, Ukraine Challenger, Ukraine, European Council, Foreign Relations Locations: Ukraine, France, Germany, allyship, German, Kerch, Crimea, Korea, Russia, Europe, Macron Germany

Companies with upcoming IPOs can offer directed share programs to qualifying groups of retail investors to buy IPO stock. Rather than buying shares through a broker, a directed share program allows investors to buy IPO stock directly from the company. AdvertisementCompanies may offer a directed share program to employees, vendors, or, in Reddit's case, loyal users and moderators. The risk involved with directed share programsOne of the risks associated with directed share programs is that a DSP may harm the company's IPO by causing the IPO value to inflate. How to participate in Reddit's directed share programReddit began rolling out directed share program pre-registration invitations to certain users and moderators on February 22, 2024.

Persons: you'll, Reddit, Redditors, Insider's, Will McDonough, McDonough, Airbnb, Uber, —, there's, Reddit's Organizations: Companies, Corestone, New York Stock Exchange, Reddit, IPOs, DSP Locations: IPOs

☆ Russia averaged nearly 1,000 casualties per day in February, marking a new record, UK intel says
▼ + stars: | 2024-03-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Russia averaged nearly 1,000 casualties per day in February in Ukraine, the UK Ministry of Defence said. The high rate likely reflects "Russia's commitment to mass and attritional warfare," the MoD said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian forces suffered an average of 983 casualties per day in Ukraine in February, the highest since the war began, the UK Ministry of Defence (MoD) said in an intelligence update on Sunday. The UK department said the increase in casualties, which included both killed and wounded soldiers, was likely due to "Russia's commitment to mass and attritional warfare."

Persons: — Organizations: UK Ministry of Defence, MoD, Service, Business Locations: Russia, Ukraine

☆ Russia has likely grounded its early warning aircraft fleet from flying Ukraine operations because of unsustainable losses, says UK intel
▼ + stars: | 2024-03-02 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Read previewRussia has likely grounded its fleet of A-50 early warning and control aircraft after Ukraine shot down a second one in two months, the UK Ministry of Defense said in an intelligence update on Saturday. The fleet is likely to remain grounded while internal investigations take place into why the losses happened and how Russia can better combat Ukrainian air defenses, the UK department said. The A-50 is an airborne radar system that detects enemy aircraft, missiles, and air defense systems. They also provide daily command and control to Russian air operations and identify ground targets. However, the recent losses had forced the Russian jets dropping glide bombs to fly further away to protect themselves, making their bombs less accurate.

Persons: —, Justin Bronk, Yurii Ihnat Organizations: Service, UK Ministry of Defense, Business, Royal United Services Institute, BBC, MoD, RBC Locations: Russia, Ukraine, Russian, Belarus

☆ A tech modder is selling a DIY kit to upgrade your AirPods Max with a feature expected in Apple's next-gen version
▼ + stars: | 2024-02-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

A self-proclaimed hardware hacker modded his AirPods Max to have a USB-C charging port. It's rumored that Apple's next generation of the headphones will ditch the Lightning port for USB-C. AdvertisementOne engineer is giving AirPods Max owners one less reason to upgrade to the new model that Apple is expected to eventually announce — if they're the DIY type. But Pillonel wasn't willing to wait, dubbing his modified headphones the "World's First USB-C AirPods Max" in his video description. While it then added the port to many of its devices, including iPads and accessories, the MacBook has used a USB-C port for years.

Persons: Max, —, Ken Pillonel, iPhones —, Pillonel wasn't, That's, that's, Pillonel Organizations: Service, YouTube, Apple, Bloomberg, eBay

☆ 13 shows like 'One Day' to watch if you loved Netflix's latest romance series
▼ + stars: | 2024-02-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

Netflix's "One Day" is a slow-burn romance series that has left fans wanting more. If you are looking for another romance series to watch, try "Bridgerton" or "Starstruck." AdvertisementNetflix's "One Day," a beautiful depiction of a slow-burn romance, has left many fans in tears and hungry for more. Since Netflix's "One Day" is a limited series, there won't be another season for fans. However, here are 13 similar series that you may want to watch next, from "You're the Worst" to "Bridgerton."

Persons: —, Emma Morley, Ambika, directionless Dexter Mayhew, Leo Woodall Organizations: Service

☆ Inflation is cooling, but small businesses in the U.S. say customers just aren’t spending like they used to
▼ + stars: | 2024-02-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

While cooling inflation and a robust GDP reading that smashed economists’ expectations are reasons to be optimistic about the US economy, one key economic engine seems to still be sputtering: small businesses. Small business owners say they’re still grappling with the hangover effects of inflation and a labor shortage, according to the National Federation of Independent Business’s most recent monthly survey, which was conducted in January. Dougherty said small businesses may be delayed in feeling the effect of easing inflation, but once businesses experience more prolonged stable prices, that may help their sentiment turn around. A recent survey of American Express small business customers indicated that some small business owners see strength in 2024. Half of the 557 US small businesses surveyed said they plan to grow or expand their businesses in the upcoming year.

Persons: Kevin Meehan, , he’s, ” Meehan, “, hasn’t, Kevin Meehan RJacobsonPhoto, we’d, that’s, Everything’s, ”, Charles Dougherty, Sarah Cash, Cash, Sarah Cash Elise Kutt, “ I’ve, ” Cash, it’s, they’re, doesn’t, Sunny, Dougherty, Meehan, I’m Organizations: CNN, Kali, National Federation of Independent, “, US Chamber of Commerce, American Express, Valentine’s Locations: Los Angeles, Wells Fargo, United States, Grand Rapids , Michigan

☆ Charles Stendig Dies at 99; Introduced Fanciful Furniture From Abroad
▼ + stars: | 2024-02-21 | by ( Penelope Green | ) www.nytimes.com time to read: 1 min

Charles Stendig, who introduced contemporary and avant-garde European furniture to adventurous Americans in his New York City showroom, died on Feb. 11 at his home in Manhattan. His death was announced by R & Company, a furniture gallery in TriBeCa to which Mr. Stendig donated his design library and corporate archives. There was a period, beginning in the 1960s, when the American living room went cheerfully haywire, becoming a showcase for space age and Pop Art design. The future had arrived, and it was plastic and fantastic and brimming with optimism, mirroring the mod revolution in fashion. Mr. Stendig had a hand in much of it, seeking out European manufacturers, including from Finland, in the days when cargo shipping was cheap.

Persons: Charles Stendig, Stendig Organizations: R & Company Locations: New York City, Manhattan, TriBeCa, American, Finland

☆ Russia's NATO neighbors are building hundreds of bunkers and anti-tank ditches in case of an invasion
▼ + stars: | 2024-02-15 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEstonia, Lithuania, and Latvia are busy building massive defensive installations along their collective 1,000 miles of border with Russia and Belarus. The Baltic Defense Line, comprising hundreds of bunkers and other defensive measures, was a key part of an agreement struck between the three countries last month, prompted by the war in nearby Ukraine. Advertisement"A Baltic defensive line is a huge project," Lukas Milevski, a research fellow at the Foreign Policy Research Institute, wrote recently. A diagram of prototype bunkers published by Estonia's defense ministry shows how the oblong structures are designed to fit into a T-shaped dugout, their entrance protected by earthworks.

Persons: —, 🛡️, evkur, e cade, " ERR, Baker, ure, ely, vic, ted as say Organizations: Service, Baltic Defense, ici Locations: Estonia, Lithuania, Latvia, Russia, Belarus, Ukraine, Eston, ain

☆ Here's where you may recognize the cast of Netflix's 'One Day'
▼ + stars: | 2024-02-13 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

"One Day" is Netflix's latest romance series, based on David Nicholls' bestselling novel. The cast has many actors from HBO hit shows, such as Leo Woodall, Tim McInnerny, and Essie Davis. Here's where you might recognize the show's stars from. The "One Day" cast also features actors from "Game of Thrones" and "House of the Dragon." Here's a quick breakdown of the main cast and other shows and movies they were in.

Persons: David Nicholls, Leo Woodall, Tim McInnerny, Essie Davis, Here's, —, Dexter Mayhew, Emma Morley, Ambika, Woodall Organizations: HBO, Service

☆ 'One Day' author and cast explain why the controversial death scene has to happen
▼ + stars: | 2024-02-09 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Here's what "One Day" author David Nicholls and the Netflix cast have said about the twist. AdvertisementHere is what Nicholls, Mod, Woodall, and the "One Day" executive producer have said about the shocking ending. July 15 is inititally special because its the day that the pair meet, but it is also the day Emma dies. Emma (Mod) reading "Tess of the D'Urbervilles" to Dexter (Woodall) in episode 14 of "One Day." Woodall told Tudum earlier this week that the series has a hopeful ending despite Emma's death.

Persons: David Nicholls, —, Emma Morley, Ambika, Emma, Dexter Mayhew, Leo Woodall, Dexter, Sylvie, Eleanor Tomlinson, Nicholls, Woodall, Molly Manners, Ambika Mod, Nicole Taylor, Anthony Harvey, Vulture, Thomas Hardy's, Tess, Dexter's, Ludovic Robert, Netflix Taylor, Taylor, Jasmine, Billie Gadsdon, RadioTimes, Tudum, Dex, Em, Woodall didn't Organizations: Netflix, Service, University of Edinburgh, Guardian, Hollywood, Edinburgh Locations: St, Scotland

☆ Ukraine's homemade sea drones often fail, but they're so cheap that it doesn't matter, expert says
▼ + stars: | 2024-02-08 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Read previewUkraine's home-developed naval drones are offering vital capabilities that cruise missiles just don't have, a naval expert told Business Insider. This could have a sizable impact on Ukraine's ongoing efforts to subdue Russia's Black Sea Fleet. Defense Intelligence of UkraineSidharth Kaushal, a naval expert at the UK's Royal United Services Institute, outlined Ukraine's sea drones' limitations and advantages to BI. "The Ukrainians don't have very many cruise missiles that can target things at the ranges that they've been able to go after" with sea drones, he added. Since then, sea drones have been involved in multiple high-profile attacks, including reported strikes on two Russian landing ships in November.

Persons: —, Russia's, Kyrylo, Ukraine Sidharth, Kaushal, they've, Ukraine hasn't, Ivan Khurs, Basil Germond Organizations: Service, UK's Ministry of Defence, Business, Autonomous Guard, Defense Intelligence, Royal United Services Institute, CNN, Russia's Defence Ministry, Russian Defence Ministry, REUTERS, Lancaster University Locations: Ukraine, Russia, Russia's, Ukrainian, REUTERS Ukraine, Russian, Crimea

☆ ‘One Day’ stars Ambika Mod and Leo Woodall didn’t have to work hard on their chemistry
▼ + stars: | 2024-02-08 | by ( Sandy Thin | ) edition.cnn.com time to read: +4 min

“Every episode kind of felt standalone,” Mod explained to CNN. (Full disclosure: I attended university with Mod, where we became friends.) Mod (left) and Woodall (right) filmed on location in Greece, Paris, Edinburgh and London for "One Day." Courtesy NetflixLike Emma, Mod also studied English at university, only to spend her early twenties in jobs she didn’t really want. "One Day" is the first time either Mod or Woodall have played the lead in a TV show, after both had breakout supporting roles in 2022.

Persons: ” Emma Morley, Dexter Mayhew, ” David Nicholls ’, Dexter glibly, Emma, Ambika, Anne Hathaway, Jim Sturgess, Dexter, Swithins, “, Andrew Shires, Megan, Woodall, Mod, ”, I’ve, Leo Woodall, Jack, Tom Hollander’s, ” Woodall Organizations: CNN, BBC, Edinburgh Fringe, Durham Revue, Netflix Locations: St, Greece, Paris, Edinburgh, London, Yorkshire, Wolverhampton

☆ The UK sent a new warship to the Red Sea to take over from a vessel that's been attacked three times by Houthi rebels
▼ + stars: | 2024-02-07 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

The UK has sent a warship to the Red Sea to replace another vessel, per the Ministry of Defence. HMS Richmond will take command of the UK's mission in the region, supporting US operations, it added. AdvertisementThe UK Ministry of Defence said that one of its warships was being replaced in the Red Sea after it suffered three separate attacks by Houthi rebels. The HMS Richmond will replace the HMS Diamond in the waters, the ministry announced in a press statement on Tuesday. AdvertisementMeanwhile, HMS Richmond will assume command of the UK's operation in the Red Sea.

Persons: Houthi, HMS, —, HMS Diamond, Peter Evans, Grant Shapps, Brian Raymond, Yahya Saree Organizations: Ministry of Defence, MOD, Service, HMS, Operation Prosperity Guardian, Royal Marines, Wildcat, Pentagon, Prosperity Guardian, US Navy SEAL, US Locations: Red, HMS Richmond, Iran, Iranian, Richmond, Gaza

☆ Ukrainian navy commander vows to destroy Putin's treasured Crimean bridge this year: Its 'days are over'
▼ + stars: | 2024-02-06 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ukraine has been targeting Russia's Kerch Bridge to cut off military transports to Crimea. A top Ukrainian naval commander pledged to destroy the highly symbolic bridge this year. AdvertisementA Ukrainian naval commander pledged to destroy a key bridge that connects occupied Crimea with Russia. A screen grab from surveillance footage showing flames and smoke rising up after an explosion at the Kerch Bridge on October 8, 2022. Photo by Security Camera/Anadolu Agency via Getty ImagesSince Russia's full-scale invasion of Ukraine in February 2022, the bridge has been repeatedly damaged.

Persons: Oleksii Neizhpapa, —, Dmytro Gordon, Neizhpapa, Gordon, Vladimir Putin, Volodymyr Zelenskyy, Vladimir Putin's Organizations: Service, Navy, Armed Forces of, Kyiv City Council, New, Security, Anadolu Agency, Getty, UK's Ministry of Defence Locations: Ukraine, Kerch, Crimea, Ukrainian, Russia, Armed Forces of Ukraine, Kyiv

☆ Russia may have to raise taxes to meet the spiraling cost of invading Ukraine: UK intel
▼ + stars: | 2024-02-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

The Kremlin has plans to hike Russia's spending by 26% in 2024, per the UK's Ministry of Defence. Russia's National Wealth Fund is "increasingly being used to fund its invasion of Ukraine," it said. AdvertisementThe Kremlin will likely need to impose austerity measures to resolve Russia's budget deficit amid the growing cost of its invasion of Ukraine, according to UK intelligence. Advertisement"It is likely that the government will need to reduce its contributions to the National Wealth Fund and increase domestic taxes and debt to fund its planned expenditure," the UK MOD said. Such policies will have negative medium-to-long-term impacts, the UK MOD said on Monday.

Persons: —, Alexandra Prokopenko, who's Organizations: Ministry of Defence, MOD, Wealth, Service, UK Ministry of Defence, National Wealth Fund, Carnegie Russia Eurasia Center, Center of Eastern European, International Studies, Foreign, Reuters, Bloomberg, International Monetary Fund, IMF Locations: Ukraine, Russia, Soviet Union, Russian

☆ Russia accidentally bombed itself again, the fourth time this month, UK intel says
▼ + stars: | 2024-01-30 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Russian plane accidentally dropped two bombs on Russian territory, according to UK intelligence, marking the fourth time it's happened this month. The UK Ministry of Defence highlighted the incidents in an intelligence update on Tuesday, citing a report by the independent Telegram news channel Astra. According to the report, a Russian aircraft discharged two FAB-250 bombs in the Belgorod region last Saturday. AdvertisementThis is the fourth such incident this month and the fifth over the last 12 months, the MOD said.

Persons: —, Russian warplane, Leonid Pasechnik Organizations: Service, Business, UK Ministry of Defence, Telegram, Astra, FAB, MOD Locations: Russian, Belgorod, Postnikov, Streletskaya, Petropavlovka, Russia's Voronezh Oblast, Luhansk People's Republic, Rubizhne, Russia, Luhansk

☆ Russia is replacing its destroyed tanks at a rate of 100 a month, UK intel says
▼ + stars: | 2024-01-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewRussia is able to make 100 tanks a month, allowing it to keep its offensive effort at the same level despite suffering major losses, according to UK intelligence. Since it launched its full-scale invasion of Ukraine in February 2022, Russia has lost about 2,600 MBTs and 4,900 other armored vehicles, the UK MOD said. Alex Babenko/AP PhotoUkraine has lost far fewer tanks and vehicles than Russia has in the conflict, according to weapons trackers and experts. AdvertisementMany individual European countries are still giving support to Ukraine, but member state Hungary has blocked a major $52 billion support package. Ukraine also suffered major tank losses at the start of its counteroffensive efforts last June, but losses seem to have dropped since then.

Persons: —, Alex Babenko Organizations: Service, Business, UK Ministry of Defence, MOD, Ukraine, Pentagon, Leopard, Avdiivka Locations: Russia, Ukraine, Russian, Germany, Hungary, Avdiivka

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