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☆ 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

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ Ukrainian drone operator says there are so many drones in the war that 'nobody knows how to advance'
▼ + stars: | 2024-01-26 | 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 Ukrainian drone operator said there are so many drones over parts of Ukraine right now that neither Russian nor Ukrainian soldiers know how to move forward. Gleb Molchanov, who is fighting close to the city of Kupiansk in Kharkiv, told The Guardian that "nobody really knows how to advance right now." In fact, he told the outlet that making any military breakthroughs was "almost impossible in an era of cheap and lethally accurate drones." But Molchanov said that Russian forces had achieved some tactical success in Synkivka, a nearby city, using "projectiles," per the outlet.

Persons: —, Gleb Molchanov, Molchanov, Bess Organizations: Service, Business, Guardian, Institute for, UK Ministry of Defence, Ukrainian, Staff, CNN Locations: Ukrainian, Ukraine, Kupiansk, Kharkiv, Russia, Synkivka, Russian

☆ Russian forces 'are constantly replenished' no matter how many get taken out, Ukrainian commander says
▼ + stars: | 2024-01-22 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

Ukrainian troops are trying to hold out on the eastern bank of the Dnipro River. They've been targeting Russian positions with drones, per the UK's Ministry of Defence. But the Russians are being "constantly replenished," a Ukrainian commander told the BBC. AdvertisementA Ukrainian commander said that regardless of how many times his unit hits enemy targets on a key battlefront, Russian forces are always being resupplied. But "no matter how many times we hit the same places, [the Russians] are constantly replenished," he said.

Persons: — Organizations: Ministry of Defence, BBC, Service, National Guard Brigade, UK Ministry of Defence, MOD, Ukrainian Locations: Dnipro, Ukrainian, Ukraine's, Kherson, Russia

☆ Russia is likely using Ukraine's freezing winter to ramp up its front-line assaults — but its losses are soaring, British intelligence says
▼ + stars: | 2024-01-21 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

But Russia's mounting attacks are leading to huge losses to its military vehicles and personnel, the MoD said, citing data from the Ukrainian General Staff. From January 14 to January 18, it said the data suggested that Russian military vehicle losses had climbed 88%, while tank losses had soared 95%. 'When roads stop existing'A military vehicle in Bakhmut, February 2023. The mud season causes problems for Russia and Ukraine, with artillery and military vehicles trapped in the sodden, heavy clay soil. Butm experts previously told Business Insider that Ukraine's US-provided Abrams tanks could be key during the mud season fighting.

Persons: —, Marek M, Abrams, Robert Greenway, Greenway Organizations: Service, UK Ministry of Defence, MoD, Business, Ukrainian, Staff, CNN, 110th Mechanized Brigade, Anadolu Agency, Getty Images, Guardian, Hudson Institute Locations: Ukraine, Avdiivka, Ukrainian, Russia, Bakhmut, Europe

☆ Britain says it developed and test-fired a futuristic laser cannon that can shoot drones out of the sky
▼ + stars: | 2024-01-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

The UK has tested a new laser weapon for shooting down drones. AdvertisementBritain has tested a powerful new laser weapon that can take out swarms of drones, the Ministry of Defence (MoD) said. The DragonFire laser weapon fired at several aerial targets for the first time at a range in the Hebrides in Scotland, according to a press release. The DragonFire laser weapon system. Russia also claims to have used laser weapons to take out Ukrainian drones, though their effectiveness is unclear.

Persons: —, Houthi, Paul Hollinshead, they've Organizations: Ministry of Defense, Service, Britain, Ministry of Defence, MoD, The Times, MoD's Defence Science, Technology Laboratory, UK's Ministry of Defence, Times Locations: Hebrides, Scotland, Red, Russia

☆ Russian troops outnumber Ukrainians 4 to 1 on a key battlefront, says soldier: 'The situation is deplorable'
▼ + stars: | 2024-01-19 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewRussian troops have a significant advantage over Ukraine when it comes to manpower on the Dnipro River, a Ukrainian soldier said. He also said that Ukrainian forces were suffering heavy casualties, though he declined to give specific numbers. According to one Russian military blogger quoted by the UK MOD, Ukrainians have destroyed almost 90% of Russian military hardware in one village located on the east bank of the river. It's impossible to move equipment there," Ukrainian soldier Oleksiy told The New York Times in December. Meanwhile, an unnamed soldier told the BBC that some of the marines sent to help defend recent Ukrainian advances on the Dnipro "can't even swim."

Persons: —, Vanya, Oleksiy Organizations: Service, Business, Financial Times, UK Ministry of Defence, New York Times, BBC, Institute for, Russian 810th Naval Infantry Brigade Locations: Ukraine, Dnipro, Ukrainian, Krynky

☆ Russia appears helpless to stop drone attacks by Ukraine forces on the Dnipro River, UK intel says
▼ + stars: | 2024-01-14 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Russia appears to be unable to counter Ukrainian drone attacks from the east bank of the Dnipro River, the UK MOD said. This is likely because of a shortage of Russian electronic warfare capability in the area. AdvertisementRussia appears to be unable to counter Ukraine's drone attacks on the Dnipro River because of a shortage of electronic warfare capability in the area, the UK's Ministry of Defence said. Analysts generally say Russia has the upper hand with electronic warfare technology that can jam and divert drones. However, this does not appear to be the case in the area around the Dnipro River, the UK department noted.

Persons: —, Mykhailo Fedorov Organizations: MOD, Service, UK's Ministry of Defence, Krynky, Financial Times, Analysts, CNN, for Locations: Russia, Dnipro, Ukraine, Russian

☆ Ukraine launched a barrage of attack drones at Crimea overnight, Russia says
▼ + stars: | 2023-12-05 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Russia says Ukraine sent a wave of 41 drones over Crimea targets overnight on Monday. AdvertisementUkraine sent a wave of attack drones across Crimea overnight on Monday, Russian officials said, amid multiple unconfirmed reports of explosions on the peninsula. AdvertisementIn accounts cited across mainstream Ukrainian media, various prominent Telegram accounts reported explosions over eastern Crimea. The Kerch Bridge, which connects Russia to the Crimean peninsula, is a prime target for Ukraine. Meanwhile, Crimean Wind also reported explosions being heard there, and said that a Pantsir-S1 antiaircraft missile system was fired from the oil depot.

Persons: —, Russia's, Ukrainska, Andriy Yusov, Yusov, It's, Baza Organizations: Service, Russian Ministry of Defence, MOD, Astra, Ukrainian Telegram, Ukrainska Pravda, Defense, Ukrainian Defense Forces, UK's Ministry of Defence, Russian Locations: Russia, Ukraine, Crimea, Azov, Kerch, Ukrainian, Feodosia

☆ Russia likely doesn't know how many troops it's lost because its military has a 'culture of dishonest reporting': UK intel
▼ + stars: | 2023-12-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia has likely seen up to 350,000 casualties since its invasion of Ukraine, the UK MOD said. But that figure is an estimate, and Russia probably doesn't even know the real figure, it said. Russia has "a long-established culture of dishonest reporting within the military," the MOD said. The UK MOD said in an intelligence update on Monday that Russia has likely seen up to 350,000 casualties since it launched its invasion of Ukraine in February 2022. Russia likely doesn't have an accurate count itself, the MOD said.

Persons: — Organizations: MOD, Service, UK Ministry of Defence, UK, Wagner, NATO, UN Locations: Russia, Ukraine

☆ UK military faces $22 billion equipment shortfall, watchdog says
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 4 (Reuters) - Britain's armed forces face an equipment funding shortfall of 17 billion pounds ($21.6 billion) over the next 10 years, a public spending watchdog said on Monday, a concern for defence chiefs at a time of heightened geopolitical risks. The National Audit Office (NAO) put the estimate for the budget for new weapons and equipment at 305.5 billion pounds for 2023-2033, 16.9 billion pounds over budget, the largest deficit since its first report in 2012. Russia's war in Ukraine has highlighted the need for extra military spending across Europe, with Britain an important ally and provider of military equipment to Kyiv. The government raised spending on defence by an extra 5 billion pounds earlier this year, increasing it to about 2.25% of gross domestic product this year and next. "The Ministry of Defence acknowledges that its Equipment Plan for 2023–2033 is unaffordable," NAO head Gareth Davies said in a statement.

Persons: NAO, Grant Shapps, Shapps, Gareth Davies, Sarah Young, Bernadette Baum, Timothy Organizations: Audit, Soaring, Ministry of Defence's, Defence, Ministry, Timothy Heritage, Thomson Locations: Britain, Ukraine, Europe, Kyiv

☆ Putin fears the wrath of soldiers' wives as the Kremlin tries to 'pay off' potential protesters, report says
▼ + stars: | 2023-12-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +5 min

Russian soldiers and their wives are becoming increasingly unhappy with long deployments. The outlet reported that the Kremlin believes most wives are more concerned about the paycheck than their husbands returning from war. AdvertisementThe report comes after the wives of deployed soldiers held a rare public protest in Moscow on November 7. In its latest briefing note, the MoD cited that On 27 November 2023, a prominent online group for soldiers' wives published a manifesto against "indefinite mobilization." Recent requests by soldiers' wives to hold protests in Moscow and St. Petersburg have been denied.

Persons: —, RkeSEZILBt — Slava, @Heroiam_Slava, doesn't, Vladimir Putin, Putin, Ella Pamfilova Organizations: Service, Ministry of Defence, MoD, Kremlin, Levada Locations: Russian, Moscow, London, St, Petersburg, Afghanistan, Chechnya, Ukraine

☆ Russia is stuffing an elite paratrooper force with poorly trained troops that are eroding its power, UK intel says
▼ + stars: | 2023-11-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Russia is sending a new division of its VDV paratrooper force into Ukraine, the UK MOD said. AdvertisementRussia's once-elite paratrooper force is being padded out with low-quality soldiers that are eroding its elite status, according to UK intelligence. The UK Ministry of Defence gave an intelligence update on Thursday on the VDV — Russia's once-revered paratrooper force. It would bring the number of VDV division up to five, from its previous level of four, per the update. AdvertisementBut this division will "likely be poorly trained and is unlikely to meet the erstwhile elite standards of the VDV," the MOD said.

Persons: —, Russia's, GAD Organizations: MOD, Service, UK Ministry of Defence, 104th Guards Airborne Division, Business Locations: Russia, Ukraine, US, Kherson Oblast

☆ A Russian soldier says his regiment lost over 1,000 men in just 10 days of fighting in Ukraine
▼ + stars: | 2023-11-29 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

A Russian soldier said his regiment lost over 1,000 men in just 10 days of fighting in Donetsk. Verkiev Igor Gennadievich was making a desperate plea for donations in a video shared by Ukraine. AdvertisementA Russian soldier said that more than 1,000 of his comrades were killed during a 10-day period while fighting in Donetsk, according to a video shared by a Ukrainian official on Tuesday. In it, Gennadievich said that his regiment was suffering "heavy losses," according to Gerashchenko's translation, adding that: "I was absent there for 10 days. Russia is also suffering losses as it tries to hold back Ukrainian advances on the eastern bank of the Dnipro River.

Persons: Verkiev Igor Gennadievich, —, Anton Gerashchenko, Gennadievich Organizations: intel, Service, UK's Ministry of Defence, MOD, Ministry of Defense Locations: Russian, Donetsk, Verkiev, Ukraine, Russia, Avdiivka, Saint Petersburg, Ukrainian, Adviivka, Dnipro

The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. It also disrupted Canada's prestigious Giller Prize Gala on Nov. 14, a literary award sponsored by Scotiabank. It claims in its petition that Scotiabank is the biggest foreign shareholder in Elbit, whose weapons were heavily used during Israel's 11-day operation in Gaza in May 2021. The email said Scotiabank was "not the biggest shareholder of Elbit, nor is it the biggest foreign shareholder of Elbit. Eko said it would not comment on the protests at Scotia branches and has not taken part in the protests.

Persons: Chris Wattie, Eko, unitholders, Angus Wong, Wong, Bezhalel Machlis, Nivedita Balu, Denny Thomas, David Gregorio Our Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Elbit Systems, Scotiabank . Toronto Police, Scotiabank, Global Asset Management, Management, Vanguard Group, BlackRock Institutional Trust, Israel Ministry of Defence, Israel MOD, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, Bank of Nova Scotia, Israel, Elbit, Gaza, Toronto, Scotia

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