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"One way or another, he wants Ukraine neutralized," Fiona Hill, a top Russia expert, told Insider. See all newslettersFor the second time this year, there are serious concerns that Russia is on the verge of invading Ukraine. The world is on edge, with leaders in Washington and beyond contemplating what Russian President Vladimir Putin will do next. "There is a major risk of Russian military activity in Ukraine in the next few months. This came after the Kremlin in September warned that NATO expanding military infrastructure in Ukraine would cross Putin's "red lines."
Persons: Fiona Hill, Vladimir Putin, Putin's, Antony Blinken, Putin, Ivo Daalder, Daalder, Trump, You've, Hill, Sergei Malgavko, Steven Pifer, Pifer, Jens Stoltenberg, Stoltenberg, Karen Donfried, Kuznetsov, Mikhail Svetlov, We're, Putin —, , Russia aren't, underscoring, Russia isn't Organizations: NATO, National Security Council, Ukraine, Kremlin, Russia, Alliance, Friday, Associated Press, Reuters, Putin, Russian Locations: Ukraine, Russia, Ukraine's, Washington, Georgia, Crimea, Donbass, Europe, Putin Russian, Sevastopol, Russia's, Moscow, Soviet, Russian
Russia and Ukraine stage military drills, as tensions escalate
  + stars: | 2021-11-24 | by ( ) www.reuters.com   time to read: +1 min
Ukrainian Air Force fighter jets take off during a drill in Mykolaiv region in southern Ukraine November 23, 2021. The drills come at a time of high tension over Ukraine, with Ukrainian and U.S. officials voicing concerns about a possible Russian attack on its southern neighbour, a suggestion the Kremlin has dismissed as false. read more"About 10 aircraft crews and ships of the Black Sea fleet's Novorossiysk naval base... took part in this combat training event," Interfax cited Russia's Black Sea fleet as saying. Russia's Black Sea Fleet is based in Crimea, which Moscow annexed from Ukraine in 2014. Ukraine, which has accused Russia of massing troops nearby and says Belarus could send migrants over its borders, on Wednesday launched an operation to strengthen its frontier, including military drills for anti-tank and airborne units.
Persons: Russia's, Maxim Rodionov, Alexander Marrow, Mark Trevelyan Organizations: Ukrainian Air Force, Air Force Command, Ukrainian Armed Forces, REUTERS, Ukrainian, reuters.com, Sukhoi, Black, Wednesday, Thomson Locations: Mykolaiv, Ukraine, REUTERS MOSCOW, Russian, Novorossiysk, Crimea, Moscow, Russia, Belarus
US officials continue offering security assurances to Ukraine amid escalating Russian military pressure. Blinken's comments are just the latest example of a top Biden administration official failing to accept the geopolitical reality of Ukraine. The United States has provided $2.5 billion in military aid to Ukraine since hostilities broke out. NATO's collective-defense clause could require the United States and all other NATO allies to militarily defend Ukraine. Unlike Russia, the United States simply does not have a strong enough interest in Ukraine worth risking a potential nuclear war over.
Persons: Biden, Sascha Glaeser, Antony Blinken, Dmytro Kuleba, Joe Biden, Volodymyr Zelensky, Defense Lloyd Austin, SERGEI SUPINSKY, Vladimir Putin, Sergei Malgavko Organizations: Defense, Ukrainian, NATO, Getty, United, University of Wisconsin - Locations: Ukraine, Washington, Moscow, Ukrainian, Russia, Russian, Donbas, United States, Kyiv, Debaltseve, Donetsk, AFP, Washington's, Crimea, NATO Europe, University of Wisconsin - Madison
The US warned allies Russia is amassing troops on Ukraine's border, Bloomberg reported. The US warned Russia could invade in early 2022, the report said. Ukraine warned the same. Sources described as having knowledge of the situation told Bloomberg that the US is sharing an assessment that there could be around 100,000 soldiers deployed if Russia decides to go ahead. The US and NATO have been criticizing Russia for its military presence near Ukraine, and Russia recently said that NATO increasing its own military presence in Ukraine would cross its "red line," Insider's John Haltiwanger reported.
Persons: Putin, John Haltiwanger Organizations: Russia, Bloomberg, NATO, Military Times Locations: Ukraine's, Russia, Ukraine, Crimea
"The Royal Navy is in better shape than 10 years ago with two large aircraft carriers, but in the short-term, we are overstretched," said Pete Sandeman, naval analyst and director of the website Navy Lookout. The Royal Navy hailed the new strategy as meaning "new ships, more ships, new weapons, new technologies, new missions" to meet the ambitions of "Global Britain." Despite the hype, the Royal Navy strike group's maiden deployment, which included passage through the South China Sea, occurred without incident. Even if China was to invade Taiwan, he said it was unlikely the Royal Navy would get involved. "One, the US has no commitment to do so, and second the Royal Navy is not really trained for a Taiwan Strait crisis.
Persons: Elizabeth, Sir Ben Key, Key, King George VI, HMS Queen Elizabeth, HMS Prince, Wales, Tony Radakin, Radakin, Pete Sandeman, Sidharth Kaushal, HMS Queen, Ben Wallace, Jeff J Mitchell, Steve Moorhouse, Queen Elizabeth, LPhot, Luke, Sandeman, Tamar, Kaushal, it's, that's Organizations: Aircraft, Service, UK Royal Navy, Royal Navy, Dreadnought, Royal, British Royal Navy, Navy, Security, Defence, Development, Foreign, Global Britain, Royal United Services Institute, HMS, Nato, Sky News, UK Carrier Strike, US, Locations: Afghanistan, Russia, China, Wales, Scotland, HMS Glasgow, Belarus, Ukraine's, Crimea, Clyde, Glasgow, Kent, Philippine, Dutch, Beijing, Australia, Japan, New Zealand, South Korea, United States, Hawaii, Bering, Taiwan
The Russian president said the West wasn't respecting Moscow's "red lines." Back in September, the Kremlin warned that NATO expanding military infrastructure in Ukraine would cross "red lines" for the Russian president. The Russian president has repeatedly complained about US and NATO military activities in the Black Sea and Eastern Europe. Similarly, NATO Secretary General Jens Stoltenberg on Monday said, ''In recent weeks, we have seen large and unusual concentrations of Russian forces close to Ukraine's borders." Meanwhile, Ukrainian President Volodymyr Zelensky recently said there were 100,000 Russian troops near Ukraine's borders.
Persons: Putin, Vladimir Putin, We're, Joe Biden, Putin's, We'll, Lloyd Austin, Austin, Jens Stoltenberg, Stoltenberg, Antony Blinken, Biden, Volodymyr Zelensky Organizations: West, NATO, Service, Kremlin, US, Monday Locations: Moscow, Ukraine's, Ukraine, Russia's, Eastern Europe, Washington, Russia, Geneva, Donbass, Crimea
A logo of DTEK (Donbass fuel-energy company) is seen on a building of a business centre in Kiev, Ukraine, July 5, 2016. REUTERS/Gleb GaranichKYIV, Nov 17 (Reuters) - DTEK Renewables, part of Ukraine's largest private power producer DTEK, on Wednesday threatened to take legal action if the government delayed repaying debts owed for renewable energy purchased by state firms. Ukraine has aggressively targeted growth in wind and solar power as a way of lessening its dependence on fossil fuels, in particular on Russian gas following Russia's annexation of the Crimea peninsula in 2014. But as the country tumbled into recession last year during the pandemic, the government struggled to pay for the power produced by wind and solar firms, angering investors. DTEK Renewable said it was still owned 3 billion hryvnias ($113.6 million).
Persons: Gleb Garanich KYIV, DTEK, Volodymyr Zelenskiy's, Natalia Zinets, Matthias Williams, Kirsten Donovan Organizations: REUTERS, DTEK, European Bank for Reconstruction, Development, Thomson Locations: Kiev, Ukraine, Ukraine's, Crimea
President Vladimir Putin is being watched closely by experts and officials who fear that Russia might be planning a military escalation with its neighbor Ukraine. "This assessment is shared by many here in Warsaw and in Washington DC," he told CNBC's Hadley Gamble on Wednesday, adding that "we are seeing very significant buildup in threats on the border with Ukraine. So it's really a key moment for the West to step up pressure against Putin." Last week, U.S. officials reportedly warned their European counterparts that Russia could be weighing a potential invasion of Ukraine. For his part, when asked whether Russia is plotting a military invasion in Ukraine, Russia's President Vladimir Putin dismissed such a notion as "alarmist" in an interview with Rossiya 1 last weekend.
Persons: Vladimir Putin, Michal Baranowski, Marshall, CNBC's Hadley Gamble, it's, Putin, Volodymyr Zelensky, Dmitry Peskov Organizations: Warsaw, CNBC, Ukraine, Washington DC, Ukrainian, Reuters, Rossiya, Putin's, Soviet Union Locations: Russia, Ukraine, Ukrainian, Crimea, Moscow, Warsaw, Washington, Soviet, Europe, U.S, Belarus
Chris Christie writes in his new memoir that Trump believed Putin was "just like him." As president, Trump frequently lavished praise on Putin but secured few deliverables for the US. Chris Christie writes in his new memoir that former President Donald Trump believes Russian President Vladimir Putin is "just like him." But Trump turned out to be wrong: his flattery of Putin "never ceased and neither did Putin's ruthlessness," Christie writes. So far, Biden "seems to think that rhetoric is the way to tame the bully in the Kremlin," Christie writes.
Persons: Chris Christie, Trump, Putin, Donald Trump, Vladimir Putin, Christie, Joe Biden, George W, Bush, Barack Obama, , Biden Organizations: Former New Jersey Gov, Putin, KGB, FBI, Russia, Trump Locations: Russian, Russia, Crimea, Moscow
Meanwhile, Russia is massing troops on its border with Ukraine, prompting fears of a repeat of 2014 when Moscow invaded the Ukrainian peninsula of Crimea. The Pentagon is monitoring the Ukraine region closely amid reports of a new buildup of Russian troops on the country's border, Pentagon spokesman John Kirby has said. Kremlin spokesman Dmitry Peskov said it was “wrong” that the Belarus crisis was meant to distract from Russian troop movements. It's not clear whether Russia is directly involved in the Belarusian border crisis, according to Orysia Lutsevych, head of the Ukraine Forum at the London think tank Chatham House. Leonid Scheglov / ReutersMeanwhile, on Russia’s border with Ukraine to the south, Moscow has mobilized some 100,000 troops, according to Ukrainian government estimates.
Persons: Vladimir Putin, Putin’s, John Kirby, Antony Blinken, Emmanuel Macron, Putin, Dmitry Peskov, Alexander Lukashenko —, Europe —, Angela Merkel, Orysia Lutsevych, Lutsevych, Josep Borrell, Leonid Scheglov, Jens Stoltenberg, , , “ Putin, ” Lutsevych Organizations: Kremlin, inflaming, European Union, Polish, Pentagon, AFP, Getty, NATO, Reuters, Western, Ukraine, Chatham House Locations: States, Europe, Poland, Belarus, Russia, Ukraine, Moscow, Crimea, Washington, U.S, Belarusian, West, Still, Polish, London
Transcontinental nexusGoogle MapsThe Black Sea is in a strategic location, connecting the Caucasus with Europe along Russia's southwestern flank. A Russian lakePresident Vladimir Putin inspects anti-submarine warfare ship Vice-Admiral Kulakov in the Russian Black Sea port of Novorossiysk, September 23, 2014. Mikhail Klimentyev/ReutersAfter the Soviet collapse, Russia's Black Sea Fleet fell into obsolescence. Moscow is also enhancing its anti-access/area-denial capabilities in the Black Sea, particularly around Crimea, to protect its warships and hold off rival forces. Only three of the US Navy's Arleigh Burke-class destroyers are allowed to be in the Black Sea at one time.
Persons: Mount, Arleigh Burke, Porter, Lloyd Austin, Vladimir Putin, Alina Polyakova, Austin's, Admiral Kulakov, Mikhail Klimentyev, Grigorovich, Griffin Kersting, Arleigh Burkes, Biden, Constantine Atlamazoglou Organizations: US Navy, NATO, US, Sixth Fleet, US European Command, Google, Center for, Reuters, Program, Army Corps, Don, Montreux Convention, Arleigh, US Navy Sixth Fleet, Mount, US Naval Forces, Mount Whitney, Fletcher School of Law, Diplomacy Locations: Russia, Constanta, Romania, Batumi, Georgia, Crimea, Eastern Europe, Caucasus, Europe, Moscow, Ukraine, Russian, Novorossiysk, Soviet, Rostov, NATO's, Hill, Griffin Kersting Romania, Bulgaria, Turkey, Mount Whitney, Batumi , Georgia, US Naval Forces Europe, Africa
NATO Secretary-General Jens Stoltenberg speaks during a news conference following the talks with Ukrainian President Volodymyr Zelenskiy in Kiev, Ukraine October 31, 2019. REUTERS/Gleb Garanich/File PhotoBRUSSELS, Nov 15 (Reuters) - NATO Secretary-General Jens Stoltenberg warned Russia on Monday that the western military alliance was standing by Ukraine amid a large and unusual concentration of Russian troops on Ukraine's borders. And what we see is a significant, large Russian military build-up," Stoltenberg told a news conference with Ukraine's Foreign Minister Dmytro Kuleba in Brussels. The troop border build-up - which Ukraine last week estimated at 100,000 - was dangerous, said Stoltenberg, because it reduced the amount of warning time, should Russia decide to "conduct a military aggressive action against Ukraine." A NATO source, asked to describe how Russia is going about deploying its military equipment towards Ukraine, said: "large equipment such as tanks, self-propelled artillery and infantry fighting vehicles is moved at night to avoid tell-tale pictures showing up on social media as they did during the Russian military build-up in spring."
Persons: Jens Stoltenberg, Volodymyr Zelenskiy, Gleb Garanich, Stoltenberg, Dmytro Kuleba, Gabrielius Landsbergis, Sabine Siebold, Robin Emmott, Ingrid Melander, Alex Richardson, William Maclean Organizations: NATO, REUTERS, Ukraine's Foreign, Ukraine, European Union, Thomson Locations: Kiev, Ukraine, BRUSSELS, Russia, Brussels, Moscow, Crimea, Russian, Donbass, Belarus
Ukraine and its Western allies have stepped up diplomatic efforts to warn Russia against launching a new military attack on Ukraine by spelling out the consequences of doing so, Foreign Minister Dmytro Kuleba said on Friday. Russia has dismissed worries about its military activities as inflammatory and instead blamed Ukraine and the United States for destabilizing behavior. “Over the past couple of weeks, there has been a lot of diplomacy, including shuttle diplomacy between Kyiv, Washington, key European capitals and Moscow,” Kuleba said. Ukraine has acquired sophisticated Turkish drones and last month deployed them for the first time in the conflict in eastern Ukraine, angering Russia. “Let’s agree that there is now no migration crisis in Belarus — there is a hybrid war between Russia and Europe,” Kuleba said.
Persons: Dmytro Kuleba, Kuleba, ” Kuleba, “ Let’s, , Organizations: European Union, AFP, Getty, Turkish, NATO, West Locations: Ukraine, Russia, Washington, Europe, Belarus, United States, Yelnya, Smolensk Oblast, Kyiv , Washington, Moscow, Brussels, Crimea, Russian, E.U
The US and others have raised concerns about Russian military activities near Ukraine. See all newslettersThe US is raising concerns over a large military buildup of Russian forces and equipment near the Ukrainian border, but Moscow insists it is not planning an invasion. "We are concerned with the reports of the unusual Russian activity near Ukraine," Secretary of State Anthony Blinken said during a press briefing Wednesday. Russia has pushed back on the concerns about its military activities near Ukraine. The latest concerns about Russian military activities near Ukraine follow another scare in April, when tens of thousands of Russian troops — possibly as many as 100,000, according to some estimations — and a lot of military equipment were positioned near the border.
Persons: State Anthony Blinken, Peter Stano, Dmitry Peskov, UN Dmitry Polyansky, we've, Blinken, Peskov, Organizations: Pentagon, State, Bloomberg, Union, Associated Press, UN, Jamestown Foundation Locations: Ukraine, Moscow, Ukrainian, Washington, Russia, Crimean, Russian, Crimea
The goal was to prevent migrants from making their way to the border of Poland, an E.U. Poland says it has moved some 17,000 soldiers, border guards and police officers to the border to keep migrants from crossing. Advertisement Continue reading the main storyThe European Union is preparing new sanctions against Belarus. On Friday some of those routes were closing after the European Union put pressure on some of the airlines involved. Where Migrants Gathered at the Belarus-Poland Border N BELARUS Migrants Border POLAND Border crossing Kuznica BELARUS POLAND Kuznica BELARUS N Migrants Border POLAND Border crossing Kuznica BELARUS POLAND Kuznica BELARUS Migrants Border POLAND Border crossing N Kuznica BELA.
Persons: Aleksandr G, Lukashenko, Mr, Dmitri S, Vladimir V, Putin, Istanbul —, “ I’m, Poland’s, Mateusz, , Marc Santora, Eric Schmitt, Monika Pronczuk, Ursula von der Leyen, Doug Mills, Lukashenko’s, Heiko Maas, Maas, , Pawel Zerka, Maciek, Marysia Złonkiewicz, Grupa, Iwo, Hans Kluge, Umit Bektas, BELA, POL Organizations: ” Airlines, European Union, Migrants, ., New York Times, Russian Defense Ministry, Turkish Airlines, Iraqi Embassy, Belarus’s Defense, Belarusian Defense Ministry Press Service, Associated, West, NATO, Pentagon, Belarus, European Commission, E.U, Union, European Council, Foreign Relations, Granica Group, The New York Times, Minsk —, , World Health Organization, Europe, Airlines, United, Turkish Civil Aviation, Belavia, Twitter, Foreign Ministry, BELARUS Migrants Border, Kuznica BELARUS POLAND Kuznica, Kuznica BELARUS POLAND Kuznica BELARUS Migrants Border Locations: , Belarus, Russia, Europe, Minsk, Belarusian, Poland, Western Europe, “ Russia, Grodno, Polish, Lithuania Minsk Grodno, Belarus Warsaw ukraine Poland, Istanbul, Iraqi, Moscow, Lithuania, Latvia, Estonia, Baltic States, Russian, Kaliningrad, Moscow’s, Britain, Lithuanian, Crimea, Ukraine, Eastern Europe, Washington, E.U, Iraq, Jordan, Paris, Syria, Yemen, Egypt, Baltic, Turkish, Germany, United Nations, Turkey, Dubai, FlyDubai, Ankara, , BELARUS, BELARUS Migrants Border POLAND, Kuznica BELARUS POLAND, Kuznica BELARUS POLAND Kuznica BELARUS, POLAND, Kuznica BELARUS POLAND Kuznica BELARUS Migrants Border POLAND
Earlier in the day, Russia had dismissed as inflammatory suggestions Moscow might be weighing an attack and accused the United States of aggressive moves in the Black Sea. REBUKEIn another rare rebuke of Moscow, Paris earlier this week accused it of blocking efforts to put together a ministerial meeting between France, Germany, Russia and Ukraine that aims to push peace accords agreed in 2014. France and Germany accused Russia of imposing unrealistic conditions, something Moscow denies. After returning from Washington, Ukraine Foreign Minister Dmytro Kuleba said Kyiv and its Western allies had stepped up diplomatic efforts to warn Russia against launching a new military attack on Ukraine. A spokeswoman at Germany's foreign office said ministers from France, Germany and Ukraine would discuss the crisis on Monday in Brussels.
Persons: Jean, Yves Le Drian, Florence Parly, Karen Donfried, Dmitry Peskov, Vladimir Putin's, Maxim, Sergei Shoigu, Parly, Le Drian, Russia's, Dmytro Kuleba, Robin Emmott, Sabine Siebold, Andreas Rinke, Tom Balmforth, John Irish, Ingrid Melander, Andrew Osborn, Andrew Cawthorne Organizations: Diplomats, Friday, United, Reuters, U.S, European Union, NATO, Atlantic Council, State, Eurasian Affairs, REUTERS, Russian, TASS, Thomson Locations: Russia, Ukraine French, Paris, MOSCOW, PARIS, France, United States, Ukrainian, Ukraine, Brussels, Moscow, NATO, Crimea, Russian, Donbass, Germany, Union, Belarus, Washington, Kyiv, Berlin
Russia has modernized and expanded its military, but it still has just one aircraft carrier. Russia's only aircraft carrier, the Admiral Kuznetsov, can barely keep it together. How does Russia not have a serviceable aircraft carrier? Vladimir Putin is usually at the forefront of all the Russian military achievements, yet he has allowed this aircraft carrier to become a laughingstock. There is no money or engineering prowess to build a new carrier, so the Russians are stuck with the cursed Admiral Kuznetsov.
Persons: Admiral Kuznetsov, Kuznetsov, It's, Sukhoi Su, Lev Fedoseyev, wasn't, Kuznetzov, Andrei Luzik, Vladimir Putin, Brent M, Eastwood Organizations: Kuznetsov, Service, Sukhoi, Getty, Khmeimim Air Base, US Navy, NATO, US Army Locations: Russia, Russian, Ukraine, Syria, Turkey, Ireland, Murmansk, It's, Crimea
UPDATE 1-Russia's Sberbank reports record profit in Q3
  + stars: | 2021-10-28 | by ( Reuters Staff | ) www.reuters.com   time to read: +1 min
(Adds detail)MOSCOW, Oct 28 (Reuters) - Russia’s largest lender Sberbank reported on Thursday record net profit of 348.3 billion roubles ($4.9 billion) in the third quarter but raised provisions as it classified assets of its subsidiary in Ukraine as restricted. Sberbank, which had nearly 103 million retail clients in September, said its third-quarter net profit rose 28.3% year-on-year. In the second quarter, Sberbank’s provisions stood at 27.2 billion roubles. “The reason for such classification was the regulatory restrictions that do not allow the Group to manage fully the mentioned assets,” Sberbank said of its Ukrainian subsidiary. Sberbank shares were down 0.3% on the day at 370.15 roubles after the results, performing better than the benchmark MOEX index that fell 0.6%.
Persons: Sberbank, ROE, ” Sberbank Organizations: Group Locations: MOSCOW, Ukraine, Crimea, Russia
Sberbank, which had nearly 103 million retail clients in September, said its third-quarter net profit rose 28.3% year on year helped by a 65 billion rouble gain from the sale of Eurocement Group. In the first nine months, Sberbank’s net profit rose 75.1% to 978.1 billion roubles. It also raised its corporate lending growth forecast to 8-12% from 6-8% and now sees retail lending growing 20-22% this year versus 18-20% expected earlier. In the second quarter, Sberbank’s provisions stood at 27.2 billion roubles. Sberbank shares were down 1.5% on the day at 365.6 roubles after the results, in line with the benchmark MOEX index .
Persons: ROE, , Sberbank, ” Sberbank Organizations: Eurocement, ” Citi, Group Locations: MOSCOW, Ukraine, Russian, Crimea, Russia
MOSCOW—A Dutch appeals court ruled in favor of Ukraine in the case of a priceless collection of Crimean gold that Ukraine and Russia both claimed as their own, the latest in a cross-national dispute that had come to epitomize the Black Sea peninsula’s complex and contested history. The Amsterdam Court of Appeal said Tuesday it found no cause to reverse the earlier decision of a lower court that ordered the return of the treasures to Ukraine.
Organizations: MOSCOW, Appeal Locations: Ukraine, Russia, Amsterdam
Though she became chancellor in 2005, Ms. Merkel’s leadership was more short-lived than many realize. It wasn’t until the eurozone crisis, which began in 2010 and sent borrowing costs soaring across the bloc, that Ms. Merkel became a European powerhouse. Ms. Merkel became the central player in all the big questions Europe faced. In 2014, she pushed a divided European Union into agreeing on collective sanctions against Russia over the annexation of Crimea. For her last act of European leadership, Ms. Merkel tried to seal Europe’s orientation toward China.
Persons: Merkel’s, Merkel, Nicolas Sarkozy, Sarkozy, Silvio Berlusconi, Sarkozy’s, , Macron, Joe Biden Organizations: Russia, North, Comprehensive Locations: European, France, Crimea, Union, Turkey, Europe, North Macedonia, Albania, China, America
AMSTERDAM, Oct 26 (Reuters) - A Dutch appeals court ruled on Tuesday that a collection of ancient Crimean gold artefacts, claimed by Ukraine and museums in the Russian-annexed territory, should be returned to the Ukrainian state. "The Allard Pierson Museum is no longer obliged to return the pieces to the Crimean museums," the ruling said. "The rights of the Ukrainian state, based on the Law of Museums ... take precedence." The appeals court partially reversed the lower court's decision in 2019, finding that it had wrongly ruled that only governments could claim objects as cultural heritage. The University of Amsterdam, owner of the Allard Pierson Museum, has said the museum will continue to keep the objects in storage until all appeals are settled.
Persons: Pauline Hofmeijer, Rutten, Allard Pierson, Toby Sterling, Giles Elgood, Timothy Organizations: Allard Pierson Museum, Museums, University of Amsterdam, Timothy Heritage, Thomson Locations: AMSTERDAM, Ukraine, Russian, Ukrainian, Netherlands, Russia, Crimea, Crimean, Russia's
"The United States and Taiwan must begin coordinating today to build a credible deterrent against limited Chinese aggression or coercion toward Taiwan," the authors wrote. Asked twice during a CNN town hall whether the US would protect Taiwan if China attacked, Biden said it would. Under the "One China" Policy, the US acknowledges China's claim of sovereignty over Taiwan. Intelligence officials have not yet seen anything to suggest that China is preparing a military invasion, according to people familiar with the assessments. The US has maintained a policy of strategic ambiguity on Taiwan, declining to recognize the island's independence while also refusing to recognize Chinese sovereignty over Taiwan.
Persons: Joe Biden, America's, Biden, David Cohen, Cohen, Xi Jinping, Mark Kelton, Norm Roule, Xi, Antony Blinken, Blinken Organizations: CNN, Center, New, New American Security, White House, US, China Mission, CIA, Intelligence, Communist Party Congress, National Intelligence, Counterintelligence, United Nations, Taiwan, World Health Organization, WHO, UN Locations: China, New American, South China, Taiwan, Hong Kong, Beijing, Taipei, Japan, United States, Dongsha, Sea Island , Georgia, Russia, Crimea, Iran, Afghanistan, United
FILE PHOTO: A taxi car drives by Delimobil branded vehicles in Moscow, Russia May 20, 2020. REUTERS/Maxim Shemetov(Reuters) - Russian car-sharing company Delimobil Holding S.A. said on Monday it would look to raise as much as $240 million in a U.S. initial public offering at a valuation of more than $900 million. The company plans to sell 20 million American Depositary Shares (ADSs) priced between $10 and $12 apiece. Delimobil was founded in 2015 and is one of Russia’s biggest car-sharing providers with a fleet of over 18,000 vehicles in 11 cities. Delimobil’s revenue rose to 4.93 billion roubles ($70.65 million) in the six months ended June 30, from 2.25 billion roubles a year earlier.
Persons: Maxim Shemetov, Delimobil Organizations: REUTERS, Delimobil Holding, UBS, New York Stock Exchange, BofA Securities, Citigroup, VTB, underwriters Locations: Moscow, Russia, U.S, Crimea, BofA
Russia's Delimobil targets over $900 mln valuation in U.S. IPO
  + stars: | 2021-10-25 | by ( ) www.reuters.com   time to read: +1 min
A taxi car drives by Delimobil branded vehicles in Moscow, Russia May 20, 2020. REUTERS/Maxim ShemetovOct 25 (Reuters) - Russian car-sharing company Delimobil Holding S.A. said on Monday it would look to raise as much as $240 million in a U.S. initial public offering at a valuation of more than $900 million. The company plans to sell 20 million American Depositary Shares (ADSs) priced between $10 and $12 apiece. Delimobil was founded in 2015 and is one of Russia's biggest car-sharing providers with a fleet of over 18,000 vehicles in 11 cities. Delimobil's revenue rose to 4.93 billion roubles ($70.65 million) in the six months ended June 30, from 2.25 billion roubles a year earlier.
Persons: Maxim Shemetov, Delimobil, Niket Nishant, Manya, Shounak Dasgupta, Aditya Soni Organizations: REUTERS, Delimobil Holding, UBS, New York Stock Exchange, BofA Securities, Citigroup, VTB, underwriters, Manya Saini, Thomson Locations: Moscow, Russia, U.S, Crimea, BofA, Bengaluru
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