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Ukraine said Monday that it's working with Elon Musk's SpaceX to stop Russia using Starlink terminals in its war. Musk had previously asserted that Russia wasn't using Starlink internet in its invasion, which Ukraine repeatedly denied. AdvertisementElon Musk has consistently denied that Russians are using Starlink. He infamously cut off Starlink access during a high-stakes Ukrainian attack on Russia's Black Sea Fleet, causing the attack to fail. Fedorov said he didn't think there was "any connection" between Russia's acquisition of Starlink terminals and Musk's own views.
Persons: , Musk, Starlink, Mikhailo Fedorov, Fedorov, Ukraine's, Kyrylo Budanov, Budanov, Elon Musk Organizations: Service, Elon, SpaceX, Suspilne, Wall Street Journal, Business, Republican Locations: Ukraine, Russia, Ukrainian, Starlink, Gaza, Russian
Russia's "no limits" partnership with China is hurting its own economy, one think tank says. The think tank says the relationship is so imbalanced that Russia may need the US's help — though Putin would never admit it. But the think tank argues that much of the partnership has been more to Beijing's benefit than it has been to Moscow. Though China is one of Russia's only reliable trading partners at the moment, the nation has neglected to make major investments in Russia, Graham noted. And Russia's economy now appears to be so dependent on China, that the nation needs the help of the US to counterbalance it, Graham said.
Persons: , Putin, Thomas Graham, Graham, Xi Jingping Organizations: Service, Foreign Relations, Kremlin, Foreign Affairs, Russia, Administration of Customs, Central Intelligence Agency, US Defense Intelligence Agency, Economic Forum Locations: China, Russia, Beijing, Moscow, York, Ukraine, Asia, India, Western, United States
Kim was treated to a walrus show and ballet performance during his visit. Kim met Russian leader Vladimir Putin at the Vostochny cosmodrome on Wednesday, according to Russian state-run media TASS. Kim Jong Un (fourth right in front row) watching a walrus performance at Primorsky Aquarium in Vladivostok, Russia. "Now Russia has risen to the sacred fight to protect its sovereignty and security against the hegemonic forces that oppose Russia," Kim said in his opening greetings with Putin. "We will always support the decisions of President Putin and the Russian leadership," Kim said.
Persons: Kim Jong Un's, Kim, Kim Jong, Kim's, Vladimir Putin, Pyotr Tchaikovsky's, Kim Jong Un, AP Kim, Putin Organizations: Service, Vostochny, TASS, Primorsky, Korean Central News Agency, Korea News Service, AP, Reuters Locations: Russia, Wall, Silicon, North Korea, Ukraine, Russian, Primorsky, Vladivostok, Korean, Primorye, Pyongyang
Before invading Ukraine, Russia set up blood drives and field hospitals, The Economist reported. Ukraine's medical treatment has given them an advantage over Russia, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Inside the field hospitals, surgeons were practicing their craft — on the bodies of large animals placed under anesthetics, the outlet reported. The Wall Street Journal also reported in July that Ukraine's medical abilities were giving them an advantage over Russia.
Persons: Tim Hodgetts, Hodgetts, Russia wasn't, Vladimir Putin, Organizations: Surgeons, Street Journal, Service, Press, Newsweek, Ukrainian Army, Street Locations: Ukraine, Russia, Wall, Silicon, British
Good Luck, an Ikea copycat, joins the ranks of rebranded dupes of many western chains in Russia. And now, a store called Good Luck has opened in Moscow as an Ikea copycat. "The departure of Ikea is not a reason to abandon the usual interior design," Good Luck writes on its website. There are no suppliers for bathroom and kitchen items yet, employees at the store told the Moscow Times. Vlad Karkov/SOPA Images/LightRocket via Getty ImagesConvincing Ikea dupe or not, Good Luck already has ambitious plans for expansion, it says.
Persons: Vladimir Putin's, McD's, Alexander Zemlianichenko Jr, , it's, Good Luck, couldn't, McDonald's, ALEXANDER NEMENOV, Luck, Vlad Karkov Organizations: Ikea, Moscow Times, Service, McDonalds, Kentucky Fried, McDonald's, KFC, Starbucks, Getty, Swed, IKEA Locations: Russia, Wall, Silicon, Kentucky, Moscow, McDonalds, Zara, Ukraine, Swedish, Russian, Belarusian, AFP, Soviet
The Wagner rebellion weakened Russian President Vladimir Putin, experts say. His reduced standing could make him even less likely to order a nuclear strike in Ukraine. US officials stress that while Russia's occasional nuclear brinksmanship can be alarming, it appears to be purely rhetorical. "We haven't seen any change in Russia's nuclear posture," Secretary of State Antony Blinken told CBS in a June 25 appearance, a remark that comes not only after the Wagner revolt but Russia's decision to place some tactical nuclear weapons in Belarus. In recent weeks, Ukrainian officials have accused Russia of planning to sabotage the Zaporizhzhia nuclear power plant.
Persons: Wagner, Vladimir Putin, , hasn't, Russia wasn't, wasn't, Yevgeny Prigozhin, Wagner's, Putin, Hans Kristensen, hadn't, Kristensen, Antony Blinken, Volodymyr Zelenskyy, à, Pavel Podvig, Podvig Organizations: Service, Street Journal, Federation of American, CBS, United Nations ' Institute for Disarmament Research Locations: Russian, Ukraine, United States, Russia, nukes, Belarus, Ukrainian, Moscow
Russian authorities made Ukrainians living in occupied towns evacuate or sign liability waivers. If anyone refused to evacuate, they had to sign papers saying Russia wasn't responsible for them. Citizens told The New York Times that Russia forced evacuations ahead of a Ukrainian counterattack. But only a small number of people are actually following the orders, Ukrainian citizens told the Times. Insider previously reported that Russian authorities were forcing Ukrainians in occupied areas to either get a Russian passport or be "deported" and have their property seized.
Both Ukraine and Russia were among the world's top producers of commodities such as wheat and barley before the war broke out in February 2022. But the conflict saw the price of U.S. wheat and corn futures hit decade highs (with one benchmark wheat contract hitting an all-time high) and sparked volatility in global wheat prices throughout the year. 2023/24 Ukraine grains exports (corn + wheat) might be 27-30mmt, down 15-18mmt from 2021/22," he added. Global food tradeThe war in Ukraine has contributed to rising food prices, with inflation above 5% in more than 80% of low-income countries, according to World Bank figures. Climate change causing extreme weather is already damaging the food system, according to Alexander, a senior lecturer at Edinburgh University's Global Academy of Agriculture and Food Systems.
Russia has been accelerating its use of the Chinese yuan to counter sweeping Western sanctions. Bloomberg Creative/Getty ImagesRussia is now the fourth-largest user of the Chinese yuan — after Hong Kong, the UK, and Singapore. The Chinese yuan was the fifth most commonly used currency for global payments in October 2022. Russia, whose access to the US dollar was curtailed due to sweeping sanctions over the Ukraine invasion, has now become a big user of the Chinese yuan for trade. Some Russian companies, such as energy giant Rosneft, have also issued bonds denominated in the Chinese yuan to raise funds.
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