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Without continued Western support for Ukraine's war efforts, the consequences could be dire, according to Ukrainian President Zelenskyy, who warned of a "big crisis" not just for Ukraine but for other countries as well. Zelenskyy has been warning about that worst case scenario outcome for months, as have experts and top war watchers. The roughly $111 billion package, which includes aid to Ukraine and Israel, has been held up by Republicans since October 2023. Should US aid to Ukraine dry up, it'll be a test of how Ukraine's European allies can fill in the gaps. Ukrainian servicemen drive a T-72 tank on the frontline in eastern Ukraine on July 13, 2022, amid the Russian invasion of Ukraine.
Persons: , it's, Zelenskyy, Dmytro Smolienko, Joe Biden's, Biden, it'll, MIGUEL MEDINA, Vladimir Putin's, Dara, Putin, Volodymyr Zelenskyy, Anna Moneymaker, Putin's maximalist, Nicholas Carlson Organizations: Service, Business, Davos, NATO, Russian Federation, Armed Forces, American, Publishing, Getty, North, Republicans, GOP, US Senators, Carnegie Endowment, International, Russian, The Institute, Washington DC Locations: Ukraine, Russia, North Korea, Russian, Donetsk Oblast, Roman, Israel, AFP, Putin — Georgia, Syria, Washington , DC, Washington, Finland
DAVOS, Switzerland (AP) — The top diplomats of Iran and the United States sit down for public — and separate — one-on-one chats while the U.N. chief and leaders of France, Argentina and Spain will deliver speeches as the World Economic Forum's annual meeting saunters into a busy second day on Wednesday. U.S. Secretary of State Antony Blinken, after a day of meetings Monday including one with Ukrainian President Volodymyr Zelenskyy, is on tap for a broadcast conversation with New York Times columnist Tom Friedman. Iranian Foreign Minister Hossein Amirabdollahian will speak with CNN's Fareed Zakaria. It came hours after one missile strike earlier Tuesday hit a U.S. vessel. “Please, strengthen our economy, and we will strengthen your security,” the Ukrainian leader said.
Persons: Antonio Guterres, Antony Blinken, Volodymyr Zelenskyy, Tom Friedman, Hossein Amirabdollahian, CNN's Fareed Zakaria, Emmanuel Macron, Pedro Sanchez, , Javier Milei —, Guterres, Zelenskyy, Vladimir Putin Organizations: Ukrainian, New York Times, Iranian, Spanish Locations: DAVOS, Switzerland, Iran, United States, France, Argentina, Spain, Swiss, Davos, U.N, East, North Africa, U.S, Yemen, Gaza, Palestinian, Israel, Ukraine
The Russian city of Voronezh introduced a state of emergency Tuesday morning after an alleged Ukrainian drone attack injured a 13-year-old girl and damaged apartment buildings. The city's mayor Vadim Kstenin said on Telegram that a "night raid" damaged four residential buildings, breaking dozens of windows. Russia's Ministry of Defense stated on Telegram that five drones (UAVS) were shot down over the Voronezh region overnight. Earlier, the governor of the wider Voronezh region, Alexander Gusev, said Russian air defense systems had "repelled an attack by Ukrainian unmanned aerial vehicles," or drones. Ukraine increased drone attacks against Russian territory, with the border city Belgorod coming under repeated attack around the New Year, causing Russia to retaliate.
Persons: Vadim Kstenin, Alexander Gusev, Gusev, Holly Ellyatt Organizations: Russia's Ministry of Defense, Russian Federation, Ministry, CNBC Locations: Russian, Voronezh, Ukrainian, Kyiv, Belgorod, Ukraine, Russia
The annual forum steps up a gear Tuesday with special addresses by Chinese Premier Li Qiang, European Commission President Ursula von der Leyen, U.S. National Security Advisor Jake Sullivan and Ukrainian President Volodymyr Zelenskyy. European stocks are heading for a lower open Tuesday as markets continue to focus on news and comments from the World Economic Forum in Davos, Switzerland. A general view shows the congress centre, the venue of the World Economic Forum (WEF) in Davos, Switzerland January 13, 2020. Asia-Pacific markets fell overnight, with Japanese stocks also halting their record-breaking rally since the start of the year. U.S. stock futures were also lower Monday night as Wall Street awaits December retail sales data due Wednesday and bank earnings that will provide a better picture of the state of the American consumer.
Persons: Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Volodymyr Zelenskyy Organizations: Premier, U.S . National, Economic Locations: U.S, Davos, Switzerland, Swiss, Asia, Pacific
Political Cartoons View All 253 ImagesZelenskyy is following that up with his first trip to Davos as president after speaking by video in previous years. The corporate chiefs will hear “what kind of immediate assistance is needed” and lay out how private and public sectors can help Ukraine rebuild one day, forum organizers say. The session will draw NATO leader Jens Stoltenberg, German Vice Chancellor Robert Habeck and U.S. envoy for Ukraine's economic recovery, Penny Pritzker, among others. While the geopolitical situation has oozed gloom, businesses appear more hopeful — in part from prospects that artificial intelligence can help boost productivity. Leading Western stock indexes shot up in 2023, and falling inflation raised hopes of a decline in interest rates.
Persons: Volodymyr Zelenskyy, Zelenskyy, Jordan, Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Donald Trump —, Putin —, White, Viola Amherd, Jens Stoltenberg, Robert Habeck, Penny Pritzker, Gitanas Nauseda, José Manuel Albares Bueno, Satya Nadella — Organizations: European Union, Russia, Hamas, Premier, United States, Ukraine, , Bruins, Spanish, Microsoft Locations: DAVOS, Switzerland, Swiss, Davos, United States, China, Qatar, Zelenskyy, Russia, Bern, Ukraine, , East, Europe
Read previewFormer NATO chief Philip Breedlove says Ukraine faces defeat in its war against Russia without the West's support. This story is available exclusively to Business Insider subscribers. Breedlove, who served as NATO commander from 2013 to 2016, said earlier that Russia would prevail because it "has more people and depth than Ukraine does." Related stories"If the West chooses to give Ukraine what they need to win, Ukraine will win this war. Representatives for Breedlove did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Philip Breedlove, Breedlove, Joe Biden, We'll, Biden, Volodymyr Zelenskyy Organizations: Service, NATO, Business, Newsweek, Ukraine, Republicans, GOP, House GOP, Ukrainian, Business Insider Locations: Ukraine, Russia, Russian
WASHINGTON (AP) — President Joe Biden has invited the top four congressional leaders and other lawmakers to the White House on Wednesday as members have struggled to reach agreement on U.S. aid for the Ukraine war. Republicans have insisted on pairing it with their own demands for securing the U.S. border. Political Cartoons View All 253 ImagesWhite House national security adviser Jake Sullivan and U.S. Secretary of State Antony Blinken met with Ukraine President Volodymyr Zelenskyy at the World Economic Forum’s annual meeting in Davos this week. In an appearance Tuesday following the meeting, Sullivan said he remained confident the Biden administration would come to an agreement on Ukraine aid in the coming weeks. Republicans have demanded that the funding be paired with significant border security changes.
Persons: Joe Biden, Karine Jean, Pierre, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, , Biden, , Shalanda Young, Young, Jake Sullivan, Antony Blinken, Volodymyr Zelenskyy, Sullivan, we’ve, ” Sullivan, Børge Brende, , ” Biden, Aamer Madhani, Zeke Miller, Seung Min Kim Organizations: WASHINGTON, White, Republicans, U.S, Democratic, Republican, Ukraine, Management, Pentagon, Capitol Hill, Economic, Russia, Press Locations: Ukraine, Israel, D, Ky, Kyiv, Russia, Davos, U.S, Mexico
DAVOS, Switzerland (AP) — The Earth is heating up, as is conflict in the Middle East. They'll be among more than 2,800 attendees, which also include academics, artists and international organization leaders. OpenAI chief Sam Altman will be in Davos along with top executives from Microsoft, which helped bankroll his company's rise. TRYING AGAIN TO SAVE THE PLANETOf all the lofty hopes in Davos, the perennial one of late has been the search for creative and promising ways to fight climate change. “Davos is a powerful combination potentially, of a lot of concern about the environment, and a lot of high-powered finance present,” she said.
Persons: Isaac Herzog, Volodymyr Zelenskyy, They'll, Bronwen Maddox, Israel's, Herzog, Benjamin Netanyahu's, , Sam Altman, Vladimir Putin, Li Qiang, Ursula von der Leyen, Joe Biden's, Jake Sullivan, Emmanuel Macron, Antony Blinken, Javier Milei, Donald Trump —, Biden, John Kerry, Chatham House's Maddox Organizations: Young Swiss Socialists, Chatham House, Intelligence, Microsoft, European Commission, Chatham, Locations: DAVOS, Switzerland, Russia, Davos, Chatham, Gaza, Yemen, Qatar, Jordan, Lebanon, China, U.S, Dubai, “ Davos
Top diplomats meet in Davos on Ukraine 'peace formula'
  + stars: | 2024-01-14 | by ( ) www.cnbc.com   time to read: +2 min
Ukraine's President Volodymyr Zelenskyy speaks during a joint press conference with Lithuania's President (not in picture) in Vilnius, Lithuania, on January 10, 2024. Ukraine pushed ahead with its peace formula to end nearly two years of war with Russia with a meeting of national security advisers from around the world in Davos on Sunday. Switzerland, which hosted the NSA representatives, said the Ukraine peace talks aimed to finalise principles "for a lasting and just peace in Ukraine" at the level of national security advisers. The role of the Global South in Ukraine's peace formula talks has come into focus in Davos. It is unclear, however, if countries in the Global South agree with that as a peace formula.
Persons: Volodymyr Zelenskyy, Volodymyr Zelenskiy, Zelenskiy, Andriy Yermak, Penny Pritzker, James O'Brien, Jake Sullivan, Antony Blinken, Nuhu Ribadu, Yermak Organizations: Lithuania's, Sunday, Economic, U.S, State, Eurasian Affairs, National, NSA Locations: Vilnius, Lithuania, Ukraine, Russia, Davos, Switzerland, Africa, Latin America, East, Asia, Swiss
Earlier in a statement from the Ukrainian presidency, Yermak said a simple cease-fire wouldn't end Russia's "aggression” on Ukraine: “It’s definitely not the path to peace. “Peace is something that Ukraine needs,” he said during a break in the talks Sunday. He said that the purpose of the talks was to get ready for the moment when Russia might join a peace discussion. He said that neither Ukraine nor Russia was ready to make territorial concessions. “The war is far from over and peace is still nowhere in sight," the Swiss department of foreign affairs said in a statement previewing Sunday's talks.
Persons: Volodymyr Zelenskyy's, Andriy Yermak, Zelenskyy, Yermak, , , , “ It’s, Ignazio Cassis, Moscow isn't, Cassis, hasn't, that's, ” Cassis Organizations: , Kyiv, Swiss Locations: DAVOS, Switzerland, Russia, Swiss, Davos, Ukrainian, Europe, Asia, Africa, Ukraine, Moscow, , Denmark, Saudi Arabia, Malta, russia, ukraine
Fighting remains intense in southern and eastern Ukraine, where Russian units are deeply entrenched, preventing Ukraine's forces from making significant advances. They note that neither Russia nor Ukraine seems to be at a point where a political resolution is palatable, however. 'Red lines' firmly drawnBoth Russia and Ukraine have repeatedly said they want the war to end — but on their terms. For its part, the Kremlin said in December that it saw no current basis for peace talks, and called Kyiv's peace plan an "absurd process" as it excluded Russia. One big stumbling block in any potential peace talks now is their respective positions on territorial integrity.
Persons: Volodymyr Zelenskyy, It's, Sam Greene, Pierre Crom, Stephen Twitty, Vladimir Putin, Sam Cranny, Evans, Putin, there's, Zelenskyy, Mario Bikarski, Mitch McConnell, Chuck Schumer, Bill Clark Organizations: Anadolu, Getty, Economic, King's College London, CNBC, U.S, Army, U.S . European Command, Economic Forum, Royal United Services Institute, Kremlin, Kherson —, Anadolu Agency, CIS, Senators, Capitol, Cq, Inc Locations: Kharkiv, Ukraine, Ukrainian, Russia, Switzerland, Davos, Kyiv, Malta, China, Crimea, Avdiivka, Europe, Moscow, Russian, Estonia, Belarus, Turkey, Donetsk, Luhansk, Zaporizhzhia, Kherson, Ky
Russia is suspected of having used a new Iranian exploding drone in Ukraine, though it's not confirmed. The weapon, Iran's jet-powered Shahed-238, is believed to offer a speed boost over the Shahed-136 loitering munition. With these new drones, Moscow could create more headaches for Ukraine's air defenses, experts say. Remain of a Russian-made Shahed 136 at an exhibition on May 12, 2023 in Kyiv, Ukraine. Bendett said Iran will likely be taking notes on how its drones are used on the battlefield in Ukraine.
Persons: it's, , hWuxfEUzSV, lY3Js7yPH4, 🐈🇺, Ma, sy Organizations: Service, Kyiv Post, Zone, Business Locations: Russia, Iranian, Ukraine, Moscow, Iran, Tehran, Russian, Kyiv, Kherson, Ky
U.S. military assistance to Ukraine has "ground to a halt," with Congress yet to authorize the emergency spending requested by President Joe Biden's administration in late October. In a White House press briefing on Thursday, National Security Council Spokesperson John Kirby said Washington had "issued the last drawdown package that we had funding to support." "And that's why it's critical that Congress move on that national security supplemental request and we get more funding. The assistance that we provided has now ground to a halt," he said. Ukrainian President Volodymyr Zelenskyy on Thursday thanked Estonia and Latvia after meeting with leaders of the two Baltic nations to discuss further military aid and Ukraine's path toward EU and NATO membership.
Persons: Joe Biden's, John Kirby, Washington, Volodymyr Zelenskyy Organizations: White House, National Security, NATO Locations: Ukraine, Estonia, Latvia, Baltic
AdvertisementIn total, the advanced tech imported by the Kremlin in those months is valued at $8.77 billion, the report said. Components from all of these companies have been found in Russian weapons retrieved from the battlefield, the report added. That's more than the US, but still less than the amount of imported tech originating from the Western coalition, which includes South Korea and Japan, per the report's data. AdvertisementThe joint report comes just after Ukrainian President Volodymyr Zelenskyy said on Tuesday that Western sanctions were marred by loopholes. The Yermak-McFaul International Working Group on Russian Sanctions is partially run by Zelenskyy's office.
Persons: , Volodymyr Zelenskyy, Michael McFaul Organizations: Service, Business, Kremlin, Russian Sanctions, Kyiv School of Economics, Manufacturers, Intel, Devices, Texas Instruments, AMD, Western, Stanford Locations: Moscow, Ukraine, Russia, US, Massachusetts, China, Hong Kong, South Korea, Japan
Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. Moscow imported more than $22 billion worth of critical components between January and October 2023, Russian trade data shows. Over the same period, it also imported almost $9 billion worth of "high-priority" battlefield components, which Western authorities have specifically sanctioned. The report's authors said the data suggests that some export controls are working, and that Russia has been unable to find reliable substitutes for many Western components. Zelenskyy did not provide evidence for his assertion, and Russia has separately said that its production of military equipment has stepped up.
Persons: , Russia —, Bilousova, Volodymyr Zelenskyy, Zelenskyy Organizations: United Arab, KSE Institute, Russia, CNBC Locations: Russia, Ukraine, China, Hong Kong, Turkey, United Arab Emirates, Western, Japan, South Korea, UAE, Moscow
"I would stay here indefinitely, but I don't know that all our colleagues will be able to do that," Speaker Johnson said at a Wall Street Journal conference on Monday. A small but vocal group of hardline House Republicans nearly shut down the government over their opposition to $6 billion of Ukraine aid included in the federal budget. Hours before a government shutdown deadline of Oct. 1, former House Speaker Kevin McCarthy agreed to strip out the Ukraine aid to pass a bill to keep the government open. If Ukraine funding talks get delayed to 2024 and become a pawn in the coming budget negotiations, Speaker Johnson could be at risk of meeting the same fate McCarthy did. Johnson already faces an uphill budget battle, without the added burden of Ukraine aid talks.
Persons: Joe Biden, Volodymyr Zelenskiy, Volodymyr Zelenskyy, Ukraine's, Joe Biden's, Sen, Lindsey Graham, Zelenskyy, we're, I'm, Chuck Schumer, Mike Johnson, Johnson, Mitch McConnell, Kevin McCarthy, McCarthy Organizations: White, Republican, Democratic, Street, Top, Republicans, House Republicans Locations: Washington , U.S, Washington, Ukraine, Ky
Ukraine is using Leopard tanks more like long-range artillery than attack vehicles, AFP reported. AdvertisementUkraine is using the advanced Leopard tanks it received from its Western allies defensively rather than as penetrative offensive weapons, news agency Agence France-Presse reported. A Leopard tank's 120mm cannon has an effective range of about 2.4 miles, while an M777 howitzer has a 13-mile range, more than 5 times as far. AdvertisementUkraine's allies agreed to give it Leopard tanks in January, after months of Ukrainian requests and after pressure from its smaller allies that didn't have any of their own to give. AdvertisementWhile Ukraine waited, Russia built formidable defenses and turned Ukraine into the world's most heavily mined country.
Persons: , Volodymyr Zelenskyy Organizations: AFP, Service, Agence France, Ukraine's 21st Mechanised Brigade, Leopard Locations: Ukraine, Russia, Ukraine's, Swedish
That means it's on pace to make at least 72 howitzers next year, Forbes reported. But Ukraine and its allies are short of ammunition, with Ukraine limiting its firing as a result. AdvertisementUkraine is ramping up its domestic weapons production and is on track to manufacture 72 howitzers next year, but will struggle to have enough ammunition to use them, Forbes reported. Ukraine's domestic production of weapons, like the howitzers, will help to plug any gaps that emerge. But even after maximizing its howitzer production, Ukraine will struggle to have enough ammunition for them.
Persons: Forbes, , Volodymyr Zelenskyy, Vladimir Putin Organizations: Service, NATO, EU, Politico, House Locations: Ukraine, Russia, Russian
Sen. Tommy Tuberville, R-Ala., arrives for President of Ukraine Volodymyr Zelenskyy's meeting with U.S. (Bill Clark/CQ-Roll Call, Inc via Getty Images)WASHINGTON — Sen. Tommy Tuberville, R-Ala., announced Tuesday that he is dropping the bulk of his monthslong hold on hundreds of military nominations. Tuberville told reporters that he has lifted his hold on all military promotions three-star and below, amounting to over 400 promotions. Tuberville told reporters. Tuberville had signaled last week that he might drop some of his holds on military promotions "very soon."
Persons: Sen, Tommy Tuberville, Ukraine Volodymyr Zelenskyy's, Bill Clark, WASHINGTON — Sen, Tuberville, Nikki Haley, Lloyd Austin, Chuck Schumer, John Thune Organizations: U.S, Senators, Inc, Getty Images, Alabama Republican, Defense, Pentagon, GOP, Tuberville's, Republicans Locations: Ukraine, Israel
A Ukrainian soldier told the BBC of the situation on a key part of the frontline. Ukrainian forces are battling to hold onto territory won back near the Dnipro River. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Ukrainian soldier told the BBC that Ukrainian forces fighting to defend a crucial part of the frontline feel "abandoned" by their command. In the interview, the soldier described how Ukrainian forces are struggling to reinforce and resupply their positions amid intense Russian attacks.
Persons: , didn't, Volodymyr Zelenskyy Organizations: BBC, Service, AFP, Ukraine's Ministry of Defense, Business Locations: Ukrainian, Dnipro, Kherson, Ukraine, Krynky, Kyiv
Ukraine signaled Monday that it is shifting its military tactics toward a more defensive footing after an analysis of Russia's resource capabilities and as winter approaches. Resources will be directed to increasing domestic arms production, he said, and speeding up negotiations with allies to increase equipment supplies for the "new stage" of Ukraine's offensive operations, he said. Zelenskyy also signaled last week that the fortification of all front lines needed to be accelerated. The shift has prompted some analysts to question whether the change reflects that Ukraine's counteroffensive, launched back in June but failing to make as much progress as hoped, is over. Eurasia Group founder and president Ian Bremmer commented Monday that "Ukrainians have shifted to building defensive fortifications, putting an end to the failed counteroffensive."
Persons: Mykhailo Podolyak, Volodymyr Zelenskyy, Zelenskyy, Ian Bremmer Organizations: Eurasia Group, Institute for Locations: Ukraine, Russian
Ukrainian soldiers in a tank in the direction of Avdiivka in Donetsk Oblast, Ukraine, on Dec. 1, 2023. Along with attacks by air, intense fighting continues along defensive lines in Ukraine's south and east, particularly Maryinka, Avdiivka and Bakhmut. Ukraine is preparing new military support packages from its partners and strengthening air defenses, he said. Zelenskyy also told AP in an interview that Ukraine had "wanted faster results" in this year's counteroffensive, which has made limited progress in the face of deeply entrenched Russian defenses. Ukraine says it needs to boost its own defensive lines for the winter.
Persons: Volodymyr Zelenskyy, Zelenskyy Organizations: AP Locations: Avdiivka, Donetsk Oblast, Ukraine, Kherson, Crimea, Ukraine's, Moscow
A Ukrainian soldier described to the BBC problems they're facing on a key part of the frontline. The soldier said Ukrainian forces are being reinforced by inexperienced conscripts. AdvertisementA Ukrainian soldier has told the BBC that soldiers sent to help defend recent Ukrainian advances on the Dnipro river are so inexperienced they can't even swim. The advance has been hailed as a triumph by Ukrainian President Volodymyr Zelenskyy, and comes after weeks of stalemate in fighting between Russian and Ukrainian forces near Kherson. However, the soldier said that Ukrainian forces are experiencing serious shortages in equipment and reinforcements as they defend their positions, which are under relentless Russian attack.
Persons: , Volodymyr Zelenskyy, we're, Valery Zaluzhny Organizations: NEW, Service, BBC Locations: Ukrainian, Ukraine, Dnipro, Kherson, Russia
A video appears to show Russian soldiers executing Ukrainian troops who had surrendered. AdvertisementA new war video appears to show Russian soldiers executing two Ukrainian soldiers who had surrendered, The Kyiv Post reports. Just a few feet away, a group of Russian soldiers is seen crouching down, pointing their weapons. It is not the first instance of Russian troops being accused of killing unarmed Ukrainian soldiers. In April, a video surfaced showing Russian troops beheading a Ukrainian soldier.
Persons: , treacherously, Ihor Lachenkov, Volodymyr Zelenskyy, Oleksandr Matsievskyi, Slava Ukraini Organizations: Strategic Committee, Armed Forces of, Service, Kyiv, Armed Forces, Ukrainian Locations: Ukrainian, Russia, Armed Forces of Ukraine, Avdiika, Avdiivka, Ukraine, Donetsk
Ukrainian servicemen of a drone hunting team stand next to an anti-aircraft twin-barreled autocannon that they use to target Russian launched drones, in the outskirts of Kyiv, on November 30, 2023, amid the Russian invasion of Ukraine. Ukrainian President Volodymyr Zelenskyy on Thursday called for quicker fortifications in key battlegrounds that face assaults from Russian forces, particularly in eastern Ukraine. Russia's navy reported early Friday morning that it destroyed a Ukrainian navy vessel without crew that was heading towards Crimea, which Russia annexed in 2014. Separately, Russia's presence at a European security meeting taking place Thursday caused a stir. Russian Foreign Minister Sergei Lavrov attended the annual meeting of the Organization for Security and Cooperation in Europe, with Baltic nations and Ukraine refusing to attend as a result.
Persons: Volodymyr Zelenskyy, Zelenskyy, John Kirby, Sergei Lavrov Organizations: . National Security, Russian, Organization for Security, Cooperation Locations: Kyiv, Ukraine, Russian, Ukrainian, Russia, Crimea, Washington, Europe, Baltic
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