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☆ A NATO country says it could join Ukraine's war with Russia if 2 conditions are met
▼ + stars: | 2024-05-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

AdvertisementFrench President Emmanuel Macron reaffirmed that he'd consider sending French troops to Ukraine and spelled out the conditions in which this could place. He added that if Russia defeated Ukraine, it would then probably seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine are among the most hawkish by a Western leader. In response to Macron's earlier remarks, the Kremlin's spokesperson, Dmitry Peskov, said deploying NATO troops to Ukraine would lead to war between Russia and the alliance. Analysts recently discussed with Business Insider the likelihood of Russia attacking NATO, with the Russian-military expert Ruth Deyermond saying Putin's regime was too weak militarily to risk a direct confrontation with NATO.

Persons: Emmanuel Macron, —, Macron, Vladimir Putin, I'm, they've, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, Russia, Radio Free, Radio Liberty, Analysts, Business Locations: Ukraine, France, Russian, Europe, Russia, Radio Free Europe

☆ Paris 2024: Ukrainian athletes urged to avoid Russians and Belarusians at Olympics
▼ + stars: | 2024-05-03 | by ( Radina Gigova | Svitlana Vlasova | ) edition.cnn.com time to read: +3 min

CNN —Ukrainian athletes have been urged by the country’s National Olympic Committee (NOC) to avoid contact with Russians and Belarusians during the 2024 Olympics in Paris so that possible “provocative actions” can be prevented. Ukrainian athletes are also asked “not to communicate or discuss on social media with individual neutral athletes from Russia and Belarus” and not to share or respond to their content. Ukrainian athletes are also urged to refrain from “participating in press conferences, live broadcasts, interviews and other promotional events with individual neutral athletes of the Russian Federation and Belarus before and after the competition,” according to the recommendations. The International Olympic Committee (IOC) announced in December that Russian and Belarusian athletes will only be eligible to compete as individual neutral athletes at this year’s Paris Games. Teams of Russian and Belarusian athletes will not be considered, while athletes who actively support the war against Ukraine will also be ineligible.

Persons: ”, “, Dmytro Kuleba, ” Kuleba, Alexander Lukashenko, Vladimir Putin Organizations: CNN, country’s, Olympic Committee, Ministry of Youth, Sports, Belarus ”, Russian Federation, Paris, Games, IOC Locations: Paris, Russia, Belarus, Belarusian, Ukraine

☆ A NATO country said it could join Ukraine's war with Russia if 2 conditions are met
▼ + stars: | 2024-05-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.

Persons: Emmanuel Macron, —, Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia

☆ Russia's economic survival hinges on prolonging the Ukraine war, think tank expert says
▼ + stars: | 2024-05-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Russia needs to keep its war with Ukraine going or risk an economic hard landing, Elina Ribakova wrote for the Financial Times. The country's military industry has been a major driver of structural economic strength during the war. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But while this may look good on paper, the country is actually at risk of a hard landing if war efforts cease, Elina Ribakova said. For decades," Ribakova wrote.

Persons: Elina Ribakova, Ribakova, —, Vladimir Putin, That's Organizations: Financial Times, Service, Financial, International Monetary Fund, Peterson Institute for International Locations: Russia, Ukraine, Russian, Moscow

☆ Gazprom plunges to first annual loss in 20 years as trade with Europe hit
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +2 min

Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. Analysts had expected net income of 447 billion rubles, according to Interfax news agency. Gazprom's 2023 loss followed a net profit of 1.2 trillion roubles in 2022. It said on Thursday it made a net loss of 364 billion roubles from sales in 2023, in contrast to a profit of 1.9 trillion roubles in 2022. Its total revenue fell to 8.5 trillion rubles last year from 11.7 trillion in 2022.

Persons: Alexei Miller, Vladimir Putin, Ronald Smith Organizations: Gazprom, Saint Petersburg, Soviet, Analysts, BCS Global Locations: Saint Petersburg, Russia, Europe, Soviet Union, Ukraine, Moldova, St . Petersburg, Moscow

☆ U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
▼ + stars: | 2024-05-01 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

The sanctions represent a broadening of U.S. efforts to disrupt Russia’s military industrial complex supply chain. The Biden administration has expressed growing alarm about the weapons technology alliance between China and Russia. The sanctions follow Ms. Yellen’s trip last month to China, where she confronted Chinese officials over support for Russia. She warned them that Chinese companies and financial institutions that facilitate support for the Kremlin’s war effort would face penalties. The Treasury secretary said her counterparts told her that China had a policy of not providing Russia with military aid.

Persons: Biden, “, Janet L, Yellen, Yellen’s Organizations: Wednesday, Top U.S, Russia Locations: Russia, Ukraine, China, United States

☆ Bulgarian Distrust of Russia Simmers Over a Black Sea Oil Terminal
▼ + stars: | 2024-05-01 | by ( Andrew Higgins | ) www.nytimes.com time to read: 1 min

The oil terminal’s piers stretch just a few score yards into the Black Sea from the Bulgarian coast. For 25 years, the Russian crude they received fed a sprawling network of economic and political influence that helped keep Bulgaria tethered tightly to the Kremlin. In recent months, however, Russia has steadily lost its grip on the Rosenets Oil Terminal, near the Black Sea port city of Burgas. Bulgaria has taken back control of the piers and has laid plans to take over management of the refinery from its Russian owner, Lukoil, if it balks at processing non-Russian oil. In January, Bulgaria halted shipments of Russian crude.

Locations: Bulgarian, Bulgaria, Russian, Russia, Burgas

☆ Ukraine’s ‘Harry Potter castle’ goes up in flames as Russian missile attack kills 5
▼ + stars: | 2024-04-30 | by ( Radina Gigova | Olga Voitovych | ) edition.cnn.com time to read: +2 min

CNN —At least five people were killed and more than 30 injured in a Russian missile attack on the Black Sea port city of Odesa on Monday, Ukrainian authorities say. Ukrainian authorities believe Russia used an Iskander ballistic missile and cluster munitions to carry out the attack. He added that “the investigation has grounds to believe” the Russian military used cluster munitions with the intention of inflicting large number of casualties. The use, transfer, and production of cluster munitions is prohibited by an international treaty known as the Convention on Cluster Munitions. Russia claims interceptMeanwhile, Russian officials say air defenses in Crimea succeeded in intercepting a major missile and drone attack by Ukraine.

Persons: Harry Potter, ”, Andriy Kostin, United States –, Sergey Aksyonov Organizations: CNN, Cluster Munitions, Kremlin, Army Tactical Missile Systems Locations: Russian, Odesa, Scottish, Russia, United States, Ukraine, Crimea

☆ Trump doesn’t rule out political violence if he loses, and other takeaways from his Time interview
▼ + stars: | 2024-04-30 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump wouldn’t dismiss the potential for political violence from his supporters if he isn’t elected in November, suggesting it would depend on the outcome of the presidential race. “I don’t think we’re going to have that,” the presumptive GOP nominee told Time magazine. It always depends on the fairness of an election.”The remarks came in a wide-ranging interview with the magazine that published Tuesday. But pressed by the magazine in a later phone interview, Trump was less definitive about the future. Throughout his political career, Trump has regularly refused to accept the results of an election or commit to a conceding defeat.

Persons: Donald Trump wouldn’t, ”, Benjamin Netanyahu’s, Trump, they’ll, ” Trump, Texas Sen, Ted Cruz, Hillary Clinton, Trump baselessly, Ron DeSantis, “ Will, “, Joe Biden’s, “ Donald Trump’s, ” Biden, Julie Chavez Rodriguez, Roe, didn’t, Netanyahu, – Trump, Netanyahu “, Soleimani –, Evan Gershkovich “, Alexey Navalny, Vladimir Putin, Navalny, Jamal Khashoggi, Prince Mohammed bin Salman, bin Salman Organizations: CNN, Time, Israel, Capitol, Texas, Florida Gov, Republican, Trump, Sunshine, Hamas, Capitol Hill, “, Wall Street, Kremlin, Saudi, CIA, United Nations Locations: Lago, Florida, Washington, Iowa, Florida , Texas, Arizona, Israel, Russia, American

☆ A year after his detention, Trump for the first time calls for release of WSJ reporter Evan Gershkovich
▼ + stars: | 2024-04-30 | by ( Kate Sullivan | Michelle Shen | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump, in an interview published Tuesday, called for the first time for Russia to release Wall Street Journal reporter Evan Gershkovich, who has been detained for more than a year. “The reporter should be released and he will be released,” Trump told Time magazine when asked about Gershkovich. “I don’t know if he’s going to be released under (President Joe) Biden. In contrast with Trump, the Biden administration’s condemnation over Gershkovich’s detainment has been swift. Why the silence, sir?”The Biden administration’s efforts to secure Gershkovich’s release have not yet yielded results.

Persons: Donald Trump, Evan Gershkovich, ” Trump, Joe, Biden, ” Gershkovich, Trump, Vladimir Putin, Gershkovich, “, ”, Sens, Mitch McConnell, Chuck Schumer, Paul Whelan Organizations: CNN, Time, Street, White, ’ Association, US State Department, “ Locations: Russia, Russian, Yekaterinburg, Moscow’s

CNN —A pair of Russian journalists have been detained on “extremism” charges and face accusations of working for a group founded by the late Russian opposition politician Alexey Navalny. Konstantin Gabov and Sergey Karelin are accused of producing content for Navalny’s prominent YouTube channel, “NavalnyLIVE,” which publishes videos investigating corruption in the Kremlin that have amassed millions of views. Journalist Sergey Karelin appears in court in Russia's Murmansk region, April 27, 2024. An AP photo showed Karelin, who has dual Russian-Israeli citizenship, sitting in a glass cage in a Murmansk court on Saturday. Navalny’s family and supporters have accused Putin of being responsible for his death, a claim rejected by the Kremlin.

Persons: Alexey Navalny, Konstantin Gabov, Sergey Karelin, Gabov, AP Karelin, ”, Karelin, Vladimir Putin, Sergey Mingazov, Navalny, Putin Organizations: CNN, YouTube, Kremlin, Reuters, AP, Associated Press, Deutsche Welle, DW, Forbes, Novosti Locations: Basmanny, Russia, Moscow, Ukraine, Russia's Murmansk, Russia’s, Murmansk

CNN —A Russian court has placed Forbes journalist Sergey Mingazov under house arrest after he was detained for allegedly spreading fake news about the Russian armed forces, the Russian state news agency RIA Novosti has reported. Forbes Russia says its journalist will be under house arrest for at least two months as he awaits trial after being detained on Friday. Bubon said that Mingazov is accused of spreading “knowingly false information” about the Russian armed forces “under the guise” of reliable reporting. Internet ban imposedBubon told Forbes Russia that Mingazov’s house arrest was enforced as a “preventative measure.” In Russia, preventative measures take place pre-trial and include being remanded in custody, released on bail, or placed under house arrest. “It contained, under the guise of being reliable, deliberately false information about… the Armed Forces of the Russian Federation,” it continued.

Persons: Sergey Mingazov, Forbes, “ Forbes, Mingazov, ”, Mingazov’s, Konstantin Bubon, Bubon, “, general’s, Alsu Kurmasheva, Evan Gershkovich, Alexander Nevzorov, Dmitry Gordon, Marina Ovsyannikova Organizations: CNN, Novosti, Forbes Russia, Russian Armed Forces, Mingazov’s, Kremlin, Khabarovsk territory’s, Armed Forces, Russian Federation, Radio Free, Radio Liberty, Wall Street Locations: Russian, Bucha, Ukraine, ”, Kyiv, Ukrainian, Russia, Khabarovsk, Radio Free Europe

☆ Putin likely did not directly order Navalny’s killing, U.S. intelligence agencies conclude
▼ + stars: | 2024-04-27 | by ( ) www.cnbc.com time to read: +2 min

Floral tributes, portraits of late Russian opposition leader Alexei Navalny and messages are seen left outside the former Russian Embassy in Tbilisi on March 1, 2024. U.S. intelligence agencies have concluded that Russian President Vladimir Putin probably didn't directly order the killing of Alexei Navalny at a remote penal colony in February, according to three sources familiar with the matter. As Russia's most high-profile and popular dissident, Navalny's death dealt a severe blow to the country's opposition movement, which has been brutally suppressed by the Kremlin. Before Navalny's death, there had been tentative discussions about a possible prisoner exchange with Russia involving Navalny and Americans detained in Russia, NBC News previously reported. Navalny's allies allege that Putin had the dissident killed to thwart the proposed prisoner swap that would have freed him.

Persons: Alexei Navalny, Vladimir Putin, Putin, Navalny, Joe Biden, Sergei Skripal, Navalny's Organizations: Russian Embassy, Kremlin, Washington, Russia's Federal, Service, CIA, National Intelligence, NBC Locations: Tbilisi, Russia's, Russia, Russian, United Kingdom, Western

☆ Alexey Navalny's death wasn't directly ordered by Putin, WSJ reports
▼ + stars: | 2024-04-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Putin critic Alexey Navalny's death may not have been planned to happen when it did, WSJ reported. The Journal reported that this opinion is shared by several US intelligence agencies. AdvertisementAlexey Navalny's February death in a remote Arctic prison camp likely wasn't directly ordered by Vladimir Putin, despite Navalny's outspoken criticism of the Russian president, The Wall Street Journal reported Friday. Despite the suspicious circumstances of the opposition leader's death, the outlet reported Putin may not have intended Navalny to be killed when he was. None of the intelligence agencies cited by the Journal or the Pentagon have responded to requests for comment from Business Insider.

Persons: Alexey Navalny's, Navalny's, —, Vladimir Putin, Putin, — wasn't, Putin wasn't, Leonid Volkov, Navalny Organizations: Kremlin, Service, Street, CIA, National Intelligence, State, Journal, Pentagon, Business Locations: Russian, Poland

☆ Putin’s War Will Soon Reach Russians’ Tax Bills
▼ + stars: | 2024-04-27 | by ( Paul Sonne | ) www.nytimes.com time to read: +1 min

President Vladimir V. Putin of Russia is about to institute a rare tax increase on corporations and high earners, a move that reflects both the burgeoning costs of his war in Ukraine and the firm control he has over the Russian elite as he embarks on a fifth term in office. Financial technocrats in Mr. Putin’s government are searching for new ways to fund not just an expensive war in Ukraine but also a broader confrontation with the West that is likely to remain costly for years. Russia is allocating nearly a third of its overall 2024 budget to national defense spending this year, a huge increase, adding to a deficit that the Kremlin has taken pains to keep in check. The proposed tax increase underscores Mr. Putin’s rising confidence about his political control over the Russian elite and his country’s economic resilience at home, showing that he is willing to risk alienating parts of society to fund the war. It would represent the first major tax overhaul in over a decade.

Persons: Vladimir V, Putin Locations: Russia, Ukraine

☆ Kim Jong Un tested a new rocket that could hit Seoul — and may aid Russia against Ukraine
▼ + stars: | 2024-04-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Kim Jong Un oversaw tests for a rocket capable of hitting Seoul in South Korea, Bloomberg reported. Russia and North Korea have previously denied reports of an arms deal between the two nations. North Korean leader Kim Jong Un and Russian President Vladimir Putin in Vladivostok on April 25, 2019. Russia and North Korea have previously denied an arms deal exists between the two countries. Business Insider reported in October that North Korea was on track to become "one of Russia's most significant foreign arms suppliers."

Persons: Kim Jong Un, —, Yang, Vladimir Putin, Alexander Zemlianichenko, Simon Miles, Miles, Kelly Grieco, it's Organizations: Bloomberg, Service, Ukraine, Korean People's Army, Korean Central News Agency, Asan Institute, Policy Studies, NK News, North Korean, Duke University's Sanford School of Public, Kremlin, Soviet Union, AP News, Business, pushback, US, Stimson Center Locations: Seoul, South Korea, Russia, Ukraine, North Korea, Korea, Russian, Vladivostok, Soviet

☆ Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
▼ + stars: | 2024-04-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The strikes are doing serious damage to Russia's oil and gas sector. Bloomberg reported that Russia's oil refining is at an 11 month low. AdvertisementBloomberg earlier this week reported that Russia's oil refining is at an 11-month low because of flooding and Ukraine's drone campaign. Ukraine's attacks on Russian oil depots are one of the few bright spots in its war in recent months. "Future Ukrainian drone strikes may disable and disrupt more of Russia's refining capacity and inflict critical constraints on Russian refining that begin to substantially impact Russia's production of distillate products," the analysts said.

Persons: —, Joe Biden's Organizations: Bloomberg, Service, AFP, Metallurgical, The Locations: Ukraine, Russia, Russia's Smolensk, Lipetsk, Russia's, Ukraine's, US

☆ Russian courts saw hundreds of AWOL cases in March alone, a record high since the war began: report
▼ + stars: | 2024-04-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

In March, Russia dealt with its highest-ever number of AWOL cases since the war began, Mediazona reported. AdvertisementRussian courts assessed 684 absences without leave in March, the highest-ever monthly count since the war in Ukraine began, independent Russian media reported. Citing public records, independent outlet Mediazona reported on April 12 that a daily average of 34 AWOL sentences were carried out in military courts that month. Related storiesRussian courts have dealt with some 2,300 AWOL cases since the start of 2024, and about 7,400 total cases since Moscow invaded Ukraine in February 2022, according to Mediazona. This spring, Russia is set to call up some 150,000 men for routine, statutory military service, which typically lasts about one year.

Persons: Mediazona, —, Christopher Cavoli Organizations: Service, UK Defence Ministry, Russian Ministry of Defense, Business, US Army, NATO Locations: Russia, Ukraine, Moscow, Europe

☆ Russia vetoed a US attempt to stop countries putting nukes in space — exactly what the Kremlin is accused of trying to do
▼ + stars: | 2024-04-25 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia vetoed a UN resolution led by the US and Japan to prevent a space arms race. The resolution aimed to head off the deployment of nuclear weapons in orbit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia vetoed a US- and Japan-led UN resolution aimed at stopping a nuclear arms space race. Russia used its Security Council veto on Wednesday to block a resolution calling on countries to work toward the "prevention of an arms race in outer space."

Persons: — Organizations: UN, US, Service, Business Locations: Russia, Japan

☆ Ukraine war live updates: Relief in Kyiv as Biden set to sign U.S. aid package; Russian official detained on bribe allegations
▼ + stars: | 2024-04-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian law enforcement have detained Deputy Defence Minister Timur Ivanov on suspicion of taking bribes, Russia's Investigative Committee said on April 23, 2024. A Russian deputy defense minister in charge of military construction has been detained on Tuesday on suspicion of "large-scale" bribe-taking, in one of the highest-profile corruption cases since Moscow launched its war in Ukraine. A brief statement by the Investigative Committee, Russia's top investigative body, said late on Tuesday that Timur Ivanov had been taken into custody and an investigation into his case was proceeding. Defense Minister Sergei Shoigu had been informed in advance of his detention, he said. Russian news reports also said Ivanov was likely the most senior Russian official to face such charges since Moscow launched its invasion of Ukraine in February 2022.

Persons: Vladimir Putin, Sergei Shoigu, Timur Ivanov, Ivanov, Alexei Navalny, Dmitry Peskov, — Organizations: Sputnik, Russian, Defense, Investigative, Russia's, Corruption Foundation, Kremlin Locations: Russian, Kubinka, Moscow, Ukraine, Ukrainian, Mariupol, Russia

☆ A pro-Kremlin oligarch's impounded yacht is being auctioned off — with the money going to Ukraine
▼ + stars: | 2024-04-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

A Dutch auction house is selling the seized yacht of a pro-Kremlin oligarch, per a Ukraine agency. Ukraine said it's the first seized asset to be sold to help support the country. The move is a "turning point" that could pave the way for similar efforts abroad, it said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: it's, —, Troostwijk Organizations: Kremlin, Service, Management Agency, Business Locations: Ukraine, Russian Ukrainian

☆ Moldova Is a Cautionary Tale for Ukraine - The New York Times
▼ + stars: | 2024-04-23 | by ( Paula Erizanu | ) www.nytimes.com time to read: +2 min

But it would clearly involve freezing the conflict, resigning Ukraine’s occupied territory to Russia in exchange for an end to the fighting. A small western neighbor of Ukraine, Moldova experienced Russia’s first post-Soviet war of aggression, which ended with a cease-fire agreement in 1992. The case shows that Russia simply cannot be trusted. Anyone calling for Ukraine to settle for one should heed Moldova’s cautionary tale. Russia stopped providing Moldova with gas, leaving people in cities to freeze in their apartments and cook their food outside on bonfires.

Persons: Pope Francis, Ukraine’s, Russia’s Organizations: Russian Locations: Ukraine, Russia, Moldova, Moldovan, Russian, Transnistria, Moscow

☆ Ukraine war live updates: Ukraine disputes Russia's claim to have seized another village; Kyiv, Odesa targeted in drone strikes
▼ + stars: | 2024-04-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Kyrylo Budanov, chief of the Main Directorate of Intelligence of Ukraine, speaks during the farewell ceremony for Dmytro Kotsiubailo on Independence Square on March 10, 2023, in Kyiv, Ukraine. They conduct a complex operation ... it will be a difficult period. Mid-May, early June," Budanov told the BBC in an interview conducted on April 19, a day before the U.S. House of Representatives approved a $61 billion aid package for Ukraine. Russian Foreign Minister Sergei Lavrov hinted last Friday that Russian forces would try to seize the city of Kharkiv in northeast Ukraine in a future significant Russian offensive operation. Russia wants to establish a demilitarized so-called "sanitary zone" in the border areas of Ukraine to protect Russia's southwestern regions from attack.

Persons: Kyrylo Budanov, Dmytro Kotsiubailo, Budanov, We've, we'll, Sergei Lavrov, Holly Ellyatt Organizations: Directorate of Intelligence, BBC, . House, CNBC, Russian, Kremlin Locations: Ukraine, Kyiv, Russia, BBC Ukrainian, Kharkiv

☆ Russia's economic strength will last another 18 months before unraveling as Putin grapples with policy 'trilemma,' think tank says
▼ + stars: | 2024-04-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia's economic strength could last another year-and-a-half before it starts to fade, according to the Carnegie Endowment for International Peace. In a best-case scenario, the current arrangement will likely begin to come apart within eighteen months owing to growing imbalances and possible social problems," Prokopenko warned. In other words, temporary fixes and a decline in living standards will add to the political and economic headwinds facing the Kremlin," Prokopenko said. Experts have warned of near-term social unrest in Russia, particularly as living standards continue to deteriorate.

Persons: —, Alexandra Prokopenko, Prokopenko, Putin Organizations: Service, Carnegie Endowment, International Peace, Washington DC, Monetary Fund, Business, Carnegie Russia Eurasia Center, Kremlin Locations: Ukraine, Russia, Moscow

☆ ‘Our artillery is starving:’ Ukraine holds its breath as US set to approve $60bn of military aid
▼ + stars: | 2024-04-22 | by ( Andy Carey | Tim Lister | ) edition.cnn.com time to read: +7 min

The Ukraine aid bill, passed in the United States’ House of Representatives on Saturday, is now due to go to the Senate on Tuesday. At the top: artillery shells and air defense systems. “To win, we need ammunition… our artillery is starving,” an artillery reconnaissance commander with the 110th mechanized brigade, callsign “Teren,” told CNN after the vote on Saturday. While Ocheretyne itself is of no strategic value, it sits on a ridge, making it a desirable military target. “We need front-line air defense as much as we need protection for our cities and villages,” Zelensky said.

Persons: Joe Biden, ”, Volodymyr Zelensky, “, Teren, Velyka, Patrick Ryder, we’ve, Mark Warner, Chasiv Yar, Rob Lee, Russian Su, Anatolii Stepanov, ” Zelensky, Dmytro Kuleba, ” Kuleba, CNN’s Andy Carey, Victoria Butenko, Daria Tarasova, Svitlana Vlasova Organizations: Ukraine CNN —, United States ’, 110th, CNN, Ukraine’s Eastern Command, Pentagon, US Department of Defense, Senate Intelligence, CBS News, Sunday, –, Kremlin, Nazi, Getty, Patriot, Tactical Missile Systems, Warner, US, Ukrainian Locations: Kyiv, Ukraine, Russia, United, Russian, Avdiivka, Donetsk, Germany, Poland, Ukraine’s Dnipropetrovsk, Chasiv, Nazi Germany, AFP

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