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watch nowTesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Currently, the SpaceX website says that a "service date is unknown at this time," for Starlink in Taiwan for general customers. Musk and representatives for X, SpaceX and Tesla did not immediately respond to requests for comment. The conversations between Musk and Putin, who once ran the KGB, reportedly occurred as Musk was in the midst of a leveraged buyout and takeover of Twitter. He continued to promote the idea, via X (formerly Twitter) that some Ukraine citizens would prefer to join Russia.
Persons: Elon Musk, Vladimir Putin, Putin, Musk, withold, Xi Jinping, Bill Nelson, Donald Trump's, Donald Trump, Anna Moneymaker, Mike Gallagher, StarShield, Tesla, NASA's, Joe Raedle, Ian Bremmer, Volodymyr Zelenskyy, Sen, Lindsay Graham, Garry Kasparov, Lisi Niesner, Yuri Milner, Dana Rohrabacher, Rohrabacher, Rohrabacher's Organizations: SpaceX, Wall Street, Republican, Pentagon, NASA, Department of Defense, CNBC, ., NBC, X, KGB, Twitter, Polaris, NASA's Kennedy Space Center, Eurasia Group, NATO, Kremlin, Eastern Economic, Reuters, SXSW, Roscosmos, Russian Space Locations: U.S, Russia, Ukraine, Taiwan, Beijing, Washington, Butler , Pennsylvania, China, Starlink, Cape Canaveral , Florida, Crimea, Ukrainian, Sevastopol, Vladivostok, Bakhmut, Donetsk region, Silicon, Russian, Orange County , California, Moscow
The Hunter Biden Saga Continues
  + stars: | 2023-12-05 | by ( William Mcgurn | ) www.wsj.com   time to read: 1 min
William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").
Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong
Harvard’s Hamas Confusion
  + stars: | 2023-11-28 | by ( William Mcgurn | ) www.wsj.com   time to read: 1 min
William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").
Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong
Thailand offers 10-year visas for investors in industrial east
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +1 min
Bangkok's skyline is photographed during sunset in Bangkok, Thailand, July 3, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Nov 24 (Reuters) - Thailand will offer 10-year visas for investors in targeted businesses in its industrial eastern region to attract foreign investment, a deputy prime minister said on Friday. The visa plan, which starts next year, will facilitate investors as the government seeks to ease restrictions, Phumtham Wechayachai told reporters. The government is also targeting higher overall actual investment of 500 billion baht ($14.23 billion) in the Eastern Economic Corridor (EEC) during 2023-2027, or 100 billion baht a year, he said. Actual investment in the EEC is now about 75 billion baht a year, Phumtham said.
Persons: Athit, Phumtham Wechayachai, Phumtham, Kitiphong Thaichareon, Orathai Sriring, Robert Birsel Organizations: REUTERS, Rights, Companies, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Southeast
Putin says Russia's economic growth will exceed 3% in 2023
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +1 min
Russian President Vladimir Putin attends a meeting with representatives of business, officials and other participants of the 8th Eastern Economic Forum via a video link in Vladivostok, Russia, September 12, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS/File photo Acquire Licensing RightsMOSCOW, Nov 17 (Reuters) - President Vladimir Putin said on Friday that Russia's economic growth was set to exceed 3% this year, slightly better than previous official forecasts. Russia's economy shrank 2.1% in 2022, as the West imposed sweeping sanctions against Russia over conflict in Ukraine. Now we confidently say: it will be over 3%," Putin told a cultural forum in St Petersburg. Last month the central bank estimated 2023 GDP growth at 2.2-2.7%.
Persons: Vladimir Putin, Mikhail Metzel, Putin, Vladimir Soldatkin, Kevin Liffey Organizations: Eastern Economic, Sputnik, Rights, Thomson Locations: Vladivostok, Russia, Ukraine, St Petersburg
Obama’s Lesson for Rashida Tlaib
  + stars: | 2023-11-14 | by ( William Mcgurn | ) www.wsj.com   time to read: 1 min
William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").
Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong
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
Tim Scott and the ‘Great Society’
  + stars: | 2023-10-04 | by ( William Mcgurn | ) www.wsj.com   time to read: 1 min
William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").
Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong
Why Indians Can’t Stand Justin Trudeau
  + stars: | 2023-09-28 | by ( Sadanand Dhume | ) www.wsj.com   time to read: +1 min
Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Mr. Dhume is the author of “My Friend the Fanatic: Travels with a Radical Islamist,” (Skyhorse Publishing, 2009), which charts the rise of the radical Islamist movement in Indonesia. Mr. Dhume holds a bachelor’s degree in sociology from the University of Delhi, a master’s degree in international relations from Princeton University and a master’s degree in journalism from Columbia University. He lives in Washington, D.C. with his wife, and travels frequently to India.
Persons: Sadanand Dhume, Dhume, , Narendra Modi Organizations: WSJ.com, American Enterprise Institute, Washington , D.C, Economic, Journal, Skyhorse Publishing, University of Delhi, Princeton University, Columbia University Locations: India, South Asia, Washington ,, New Delhi, Indonesia, Journal Asia
While speaking at the Eastern Economic Forum in Vladivostok on Tuesday, Putin was asked by a moderator if he had plans to visit the space center. North Korea and Russia have both confirmed Kim Jong Un has entered Russia on his heavily armored private green train. Analysts also warn that North Korea could seek improved launch capabilities for submarine-launched ballistic missiles, satellite reconnaissance capabilities, and even help with launching satellites. North Korea has attempted two satellite launches this year; both ended in failure. These are areas where analysts say North Korea has strong production capabilities.
Persons: Junko Ogura, Brad Lendon, Mitchell McCluskey, Heather Law, Josh Pennington, Vladimir Putin, Kim Jong, Putin, , ” Putin, Yonhap, Kim Organizations: Vostochny, North, Eastern Economic, South Locations: Tokyo, Seoul, Atlanta, Josh Pennington Russian, Amur, Russia's, Vladivostok, South Korean, Khabarovsk, China, Khabarovsk province . North Korea, Russia, Korean, Pyongyang, Korea, North Korea, West, Moscow, Ukraine
Russia's economy ministry has raised the country's 2023 inflation forecast from 5.3% to 7.5%, per TASS. Russia's economy and the ruble's value have been hit by the war in Ukraine, driving up inflation. Russian President Putin said on Tuesday high inflation is making it "practically impossible" for businesses to make plans. Russian inflation accelerated 5.15% year-over-year in August, well above the central bank's 4% annual inflation target. Analysts polled by Reuters are largely expecting Russia's central bank to hike rates again later this week to support the ruble and tame inflation.
Persons: Putin, Vladimir Putin isn't Organizations: Service, TASS, Ukraine, Moscow, Eastern Economic, Reuters, Kremlin Locations: Ukraine, Wall, Silicon, Russian, Vladivostok
Vladimir Putin raved about Elon Musk at an event on Tuesday, calling him an "outstanding person." Musk denied a Ukrainian request for Starlink access in Crimea, thwarting a drone attack on Russia. "As far as private business and Elon Musk is concerned, he is undoubtedly an outstanding person," Putin said, per the Reuters translation. "If I had agreed to their request, then SpaceX would be explicitly complicit in a major act of war and conflict escalation," Musk tweeted on September 7. There was an emergency request from government authorities to activate Starlink all the way to Sevastopol.
Persons: Vladimir Putin raved, Elon Musk, Musk, Walter Isaacson's, Vladimir Putin, Putin, … — Elon, Russia's Organizations: Elon, Service, Eastern Economic, SpaceX, Reuters, Russian, CNBC, NASA, International Space Locations: Crimea, Russia, Wall, Silicon, Vladivostok, American, Ukrainian, Sevastopol, India, Moscow
Impeaching Joe Biden
  + stars: | 2023-09-12 | by ( William Mcgurn | ) www.wsj.com   time to read: 1 min
William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").
Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong
VLADIVOSTOK, Russia (AP) — Russian President Vladimir Putin asserted Tuesday that the criminal cases against former U.S. President Donald Trump are political revenge that show the fundamental corruption of the United States. “Everything that is happening with Trump is the persecution of a political rival for political reasons. And this is being done in front of the public of the United States and the whole world," he said. This is good,” Putin said. However, the Russian leader said his country's poor relations with the United States were unlikely to change significantly regardless of who becomes president.
Persons: Vladimir Putin, Donald Trump, Trump, ” Putin, Putin, Biden, , ___ Jim Heintz Organizations: U.S, Eastern Economic, Republican, Russia Locations: VLADIVOSTOK, Russia, United States, Pacific Coast, Vladivostok, , Ukraine, Tallinn, Estonia
Russian President Vladimir Putin listens to a report presentation on the development of Russia's far eastern regions held via a video link in Vladivostok, Russia, September 11, 2023. Sputnik/Vyacheslav Prokofyev/Pool via REUTERS/File Photo Acquire Licensing RightsVLADIVOSTOK, Russia, Sept 12 (Reuters) - Russian President Vladimir Putin said on Tuesday that the Soviet Union's decision to send tanks into Hungary and Czechoslovakia to crush mass protests during the Cold War was a mistake. "It was a mistake," Putin said when asked about perceptions of Russia as a colonial power due to Moscow's decision to send tanks into Budapest in 1956 and into Prague in 1968. The 1956 Hungarian Uprising was crushed by Soviet tanks and troops. At least 2,600 Hungarians and 600 Soviet troops were killed in the fighting.
Persons: Vladimir Putin, Vyacheslav Prokofyev, Putin, Washington, Guy Faulconbridge, Mark Trevelyan Organizations: Rights, Soviet, Czechoslovak, Thomson Locations: Vladivostok, Russia, Rights VLADIVOSTOK, Hungary, Czechoslovakia, Budapest, Prague, Ukraine, Europe, United States, Soviet Union, Soviet, Warsaw, Czechoslovak Socialist Republic, Czech
Inflation in Russia makes it nearly impossible for businesses in the country to plan, Vladimir Putin said. Still, Putin brushed off longer-term concerns for the Russian economy, adding that its problems were not "insurmountable." The president spoke at Russia's Eastern Economic Forum on Tuesday, touching on the economic problems that the nation was currently facing. Prices that high make the economic environment extremely uncertain for businesses in the nation, Putin said, per Reuters. Experts and observers say that Russia's economy has been significantly hobbled over the past year by western sanctions and the costly invasion of Ukraine.
Persons: Vladimir Putin, Putin Organizations: Service, Economic, Reuters Locations: Russia, Wall, Silicon, That's, Ukraine
After Moscow despatched troops to Ukraine in February 2022, Western countries imposed sweeping sanctions and have sought to wean themselves off Russian energy exports. India has been a major beneficiary, picking up Russian oil on the cheap. In response, India is seeking to stimulate investment in several sectors and diversify the goods that India supplies to Russia, Kapoor said at the economic forum. Tightening global supplies have led Russian companies to stop offering fertiliser such as di-ammonium phosphate (DAP) to India at discounted prices, three industry sources told Reuters. On the transactions issue, Kapoor rejected reports in Russian media that rupees stuck in Russian exporters' accounts in India were related to oil supply payments.
Persons: Ivan Nosov, Andrei Kostin, Kostin, Moscow Pavan Kapoor, Kapoor, Sergei Lavrov, Lavrov, Elena Fabrichnaya, Alexander Marrow, Gareth Jones, Emelia Organizations: ., Economic, RBC, Reuters, Thomson Locations: Russia, Ukraine MOSCOW, India, Moscow, Ukraine, Vladivostok, Sberbank, Arab, Emirates, Russian, Jakarta
Putin says IOC is distorting Olympic ideal
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +2 min
Russian President Vladimir Putin delivers a speech during a session of the 8th Eastern Economic Forum in Vladivostok, Russia, September 12, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERS ATTENTION EDITORS Acquire Licensing RightsSept 12 (Reuters) - Russian President Vladimir Putin accused the International Olympic Committee on Tuesday of politicising sport, as it weighs a decision on Russian athletes' participation in next year's Games in Paris. The IOC has taken no final decision but said athletes should not be punished for the acts of their governments. French President Emmanuel Macron said last week that no Russian flag should fly at the Games. I think that today's leadership of international federations, the International Olympic Committee itself, they distort the original idea of ​​Pierre de Coubertin - sport should be outside of politics," he said.
Persons: Vladimir Putin, Pavel Bednyakov, Emmanuel Macron, Putin, Frenchman, , Pierre de Coubertin, Thomas Bach, Mark Trevelyan, Christian Radnedge Organizations: Eastern Economic, Sputnik, International Olympic, IOC, Games, International Olympic Committee, Paris Games, Reuters, Thomson Locations: Vladivostok, Russia, Paris, Ukraine, Soviet Union, Belarus
The setting was an economic conference in far eastern Russia, with discussion of the ruble and domestic investment, but that didn’t stop President Vladimir V. Putin from wading into American politics on Tuesday, branding the criminal cases against Donald J. Trump political persecution and praising the billionaire entrepreneur Elon Musk. For years, the Russian leader has demonstrated an ability to exploit political divisions within Western nations, often by signaling to conservatives abroad that he is aligned with them in a global fight against liberal values. Mr. Putin’s remarks on Tuesday, made at the Eastern Economic Forum in Vladivostok, appeared aimed at lending firepower to the Republican outcry over the prosecutions of Mr. Trump, who has long expressed public admiration for the Russian leader and has helped encourage a sizable Moscow-friendly contingent within his party. The cases against Mr. Trump — who faces 91 felony counts in four jurisdictions — represent the “persecution of one’s political rival for political motives,” Mr. Putin said. He predicted that the entire affair would help Russia by exposing American domestic problems for the world to see and revealing the hypocrisy of American democracy.
Persons: Vladimir V, Putin, Donald J, Elon Musk, Putin’s, Trump, Mr Organizations: Trump, Eastern Economic, Republican, Trump — Locations: Russia, Western, Vladivostok, Moscow
Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Russian President Vladimir Putin on Tuesday praised Elon Musk, calling the Tesla and SpaceX founder a "talented businessman." Putin made the comments at the Eastern Economic Forum in Vladivostok as he spoke about Russia's space program. "Elon Musk ... is undoubtedly an outstanding person. The flop was seen as a major setback for Russia's space program just days before India successfully landed its first spacecraft on the moon.
Persons: Elon Musk, Vladimir Putin, Putin, Elon, Luna, Musk, — CNBC's Ashley Capoot Organizations: SpaceX, Tesla, Twitter, Eastern Economic Locations: Vladivostok, U.S ., Russia, India, Ukrainian, Sevastopol, Crimea, Ukraine, Western
Russian President Vladimir Putin, right, and North Korea's leader Kim Jong Un shake hands during their meeting in Vladivostok, Russia, Thursday, April 25, 2019. Alexander Zemlianichenko | Pool | APThe leaders of North Korea and Russia are scheduled to meet this week, with deepening military, economic and geopolitical cooperation on the official agenda. There are also fears about what Moscow might offer the economically isolated and heavily sanctioned North Korea in return. A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). For their part, Russia and North Korea have both denied claims of alleged arms dealing.
Persons: Vladimir Putin, Kim Jong, Alexander Zemlianichenko, Kim Yong Un, Putin, Pat Ryder, Edward Howell, Kim Jong Un, Kim Ju, Howell, scot, Dmitry Peskov, Kim, Peskov, It's, , Pyongyang's, Jung Yeon, Victor Cha, Andrius Tursa, Sergei Shoigu's, John Kirby, Wagner, Vladimir Putin grimaces Organizations: White, North, Pentagon, Ukraine, North Korean, Korean Central News Agency, Reuters, UN, North Korea —, Oxford University, CNBC, North Korea's Central News Agency, Kcna, Nuclear Weapons, UN Security Council, Kremlin, Getty, Eastern Economic, U.S, U.S . National Security, Zvezda Shipbuilding, Bolshoi Kamen Locations: Vladivostok, Russia, North Korea, Russian, Korea, Pyongyang, Ukraine, Moscow, Korean, Pakistan, Syria, Libya, North Korea's, London, Washington, Japan, South Korea, U.S, Bolshoi
North Korean leader Kim Jong Un, accompanied by government officials, departs Pyongyang, North Korea, to visit Russia, September 10, 2023, in this image released by North Korea's Korean Central News Agency on September 12, 2023. Pyongyang and Moscow have denied that North Korea would supply arms to Russia, which has expended vast stocks of weapons in more than 18 months of war. "The presence of Jo Chun Ryong indicates that North Korea and Russia will conclude some type of agreement for munitions purchases," said Michael Madden, a North Korea leadership expert at the Washington-based Stimson Center. The U.S. State Department said any transfer of arms from North Korea to Russia would violate U.N. Security Council resolutions, which ban any arms transactions with North Korea. Russia had voted, along with China, to approve Security Council resolutions as late as 2017 punishing North Korea for ballistic missile launches and nuclear tests.
Persons: Kim Jong Un, Kremlin, Vladimir Putin, Kim, Dmitry Peskov, Putin, Peskov, Jo Chun Ryong, Michael Madden, Chang Ho, Matthew Miller, Sergei Shoigu, Hyunsu Yim, Hyonhee Shin, Josh Smith, Kiyoshi Takenaka, Lidia Kelly, Steve Holland, Humeyra Pamuk, Jack Kim, Gerry Doyle Organizations: North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, Kyodo, South Korea's Defence, TASS, Eastern Economic, OF, North Korean, Munitions Industry, Stimson, . South Korean, The U.S . State Department, Department, Russian Defence, Reuters, Thomson Locations: Pyongyang, North Korea, Russia, Rights SEOUL, WASHINGTON, Washington, Khasan, South, China, Ukraine, Vladivostok, Moscow, Korea, The, Seoul, Tokyo, Melbourne
“Relations between Russia and China in the sphere of economic cooperation have reached a very high level,” Vladimir Putin said, speaking at the Eastern Economic Forum in Vladivostok, Russia, according to Russian state-owned news agency TASS. Russian Prime Minister Mikhail Mishustin said in May that he expected trade with China would top $200 billion this year. As many Western banks have reduced their presence in Russia, China’s lenders swooped in to offer banking services. Between February 2022 and March this year, the assets of Chinese banks in the country more than quadrupled to $9.7 billion, according to data collected by KSE Institute at the Kyiv School of Economics. Of China’s four biggest banks, Bank of China and the Industrial and Commercial Bank of China saw the biggest increases in their Russian assets.
Persons: ” Vladimir Putin, Mikhail Mishustin, Putin, , Laura He, Josh Pennington, Alex Stambaugh, Mitch McCluskey, Anna Chernova Organizations: London CNN, , Eastern Economic, Moscow, Russian, Organization of, Petroleum, International Energy Agency, China Association of Automobile Manufacturers, KSE Institute, Kyiv School of Economics, Bank of China, Industrial, Commercial Bank of China, European Central Bank Locations: Moscow, Beijing, Russia, China, Vladivostok, Ukraine, United States, Saudi Arabia, India, wean
Russian President Vladimir Putin attends a meeting with representatives of business, officials and other participants of the 8th Eastern Economic Forum via a video link in Vladivostok, Russia, September 12, 2023. "In conditions of high inflation, it's practically impossible to form business plans," Putin said at the Eastern Economic Forum in Vladivostok. Putin said he saw no problems with rouble volatility, and the authorities had a cache of tools to keep the currency and markets under control. Putin said the central bank had acted in a timely manner last month, but noted that high rates restrain lending and economic growth. Reporting by Reuters, writing by Alexander Marrow; Editing by Mark TrevelyanOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Mikhail Metzel, Putin, Alexander Marrow, Mark Trevelyan Organizations: Eastern Economic, Sputnik, REUTERS Acquire, Rights, Reuters, Thomson Locations: Vladivostok, Russia, Rights VLADIVOSTOK
North Korean leader Kim Jong Un attends a celebration event marking the 75th anniversary of the founding of the country, which falls on September 9, in North Korea, in this picture released on September 10, 2023. North Korea's state media have been silent about the trip, first reported by the New York Times citing U.S. officials, which South Korea's intelligence agency said was possible. North Korea in turn may be looking to fill shortfalls in military resources such as in its development of nuclear weapons that can be delivered by ballistic missiles and nuclear submarines, analysts have said. South Korea's military said the submarine did not appear ready for normal operations, and that there were signs North Korea was attempting to fabricate or exaggerate its capabilities. Reporting by Jack Kim; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Kim Jong Un, KCNA, Kim, Vladimir Putin, Putin, Jack Kim, Michael Perry Organizations: KCNA, REUTERS Acquire, Rights, Workers ' Party of, Eastern Economic, New York Times, Thomson Locations: North Korea, Rights SEOUL, Russia, Workers ' Party of Korea, Vladivostok, Moscow, Pyongyang, United States, Ukraine, Korea, Soviet
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