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CNN —Ukraine has fired US-made ATACMS missiles into Russia’s Bryansk region, Russia’s Defense Ministry said, in a major escalation on the 1,000th day of war. The attack comes just two days after the Biden administration gave Kyiv the green light to use the longer-range American weapons against targets inside Russia. The attack marks the first time Ukraine has used the longer-range American weapons to strike targets deep inside Russia, and show that Kyiv has wasted little time in making use of its newly-granted powers. ET) Tuesday, Ukraine fired six ballistic missiles at a facility in Bryansk, the ministry said. On Sunday, US President Joe Biden authorized Ukraine to use longer-range American missiles inside Russia, ending a months-long prohibition aiming to help Ukraine defend itself while not drastically escalating the conflict.
Persons: Biden, Joe Biden, Matthew Miller, Vladimir Putin, ., Andrew Dickson, , Emmanuel Macron, Putin, Volodymyr Zelensky, Zelensky, Organizations: CNN, Russia’s Defense Ministry, US State Department, Army Tactical Missile Systems, Kyiv, Bryansk –, High Mobility Artillery, U.S . Army, Missiles Locations: Ukraine, Bryansk, Russia, Russian, Ukraine’s, pummeling, Russia’s Kursk, Europe, Bryansk – Moscow, Moscow, Queensland, Australia
The impact of these deep strikes has been eye-opening for Europe and the US, opening "Pandora's box" for more of these capabilities, a nuclear weapons and arms control expert told Business Insider. The conventional weapons include SM-6, Tomahawk, and developmental hypersonic weapons, "which have significantly longer range than current land-based fires in Europe." "The war in Ukraine shows that long-range strikes are a key issue for the defense of Europe," Lecornu posted on X. "These countries knew that long-range weapons were important even before Russia invaded Ukraine, but Russia's war in Ukraine has opened Pandora's Box to more and more military steps," explained Hans Director of the Nuclear Information Project at the Federation of American Scientists. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordPoland, Germany, France, and Italy's new long-range missile plans follow work in the US to quickly develop new long-range strike systems.
Persons: , Andrew Dickson, Sebastien Lecornu, Lecornu, Hans, Thierry Wurtz, " Kristensen, Jonathan, Zachary Anderson There's, it's, Kristensen, Trump, he'd Organizations: Service, Business, NATO, Army, Artillery, U.S, French, Russia, Federation of American Scientists, Rafale, US, Attack Missiles, US Navy, Jonathan Word, Trump Locations: Ukraine, Russia, Europe, Germany, Australia, Poland, Italy, Moscow, Jonathan Word Poland, France
Vietnamese electric carmaker VinFast has seen its shares skyrocket since it went public on August 15. Its market capitalization now stands at over $190 billion – but some investors cannot hide their disbelief. Veteran short-seller Jim Chanos called the carmaker a "$200B meme-stock" in a post on X. Monday's close saw the market capitalization of the lossmaking EV firm hit an eye-watering $190 billion – more than Ford, General Motors, and Chrysler Stellantis combined. AdvertisementAdvertisementFor veteran short-seller Jim Chanos, however, the stock is being driven by a retail investor craze and little else.
Persons: Jim Chanos, Monday's, Drew Dickson, Dickson, VinFast, Le, Thuy Organizations: Service, Ford, General Motors, Chrysler Stellantis, Vanda Research, Bloomberg, Albert Bridge Capital, Toyota Locations: Wall, Silicon
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