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AdvertisementUkraine said it destroyed nearly all the hypersonic missiles that Russia fired in a big weekend attack. The Ukrainian military said it destroyed nearly all of the hypersonic missiles Russia launched as part of a massive bombardment over the weekend. The purported success of Ukraine's air defenses during the engagement marks the latest blow to the reputation of Russian hypersonic weapons, which Moscow has touted as highly advanced systems that are basically unstoppable. AdvertisementUkraine has several air-defense systems that it says are capable of taking down Russia's hypersonic missiles, including the French/Italian-made SAMP-T and American-made MIM-104 Patriot battery. The Kiel Institute for the World Economy, a German research institute, notes that data on hypersonic missile interception rates is scarce.
Persons: Vladimir Putin, Gorshkov, SERGEI SUPINSKY, Oleksandr Syrskyi, Syrskyi, Lockheed Martin Organizations: Russia, Russian Ministry of Defense, Russian, NATO, Getty, Kyiv, Kiel Institute Locations: Ukraine, Russia, Moscow, Russian, Kyiv, AFP
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The yield on the 10-year Treasury note rose even as Powell said progress had been made on inflation. Growth in jeopardyPowell warned that keeping interest rates high for too long could harm economic growth. Mainland China's CSI 300 was little changed as consumer price inflation rose less than expected and producer prices fell, raising concerns about deflation in the world's second-biggest economy.
Persons: Inching, Jerome Powell, KeyBanc, Apple, Powell, Joe Biden, NATO's, Putin, Biden, Max Organizations: CNBC, Nasdaq, Nvidia, Dow Jones Industrial, Russia, Patriot, Boeing, China's CSI, Bank of America Locations: intraday, Ukraine, U.S, Germany, Romania, Netherlands, Italy, Asia, China, Pacific, South
CNBC Daily Open: Powell says high rates threaten growth
  + stars: | 2024-07-10 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Inching to recordsThe S&P 500 and the Nasdaq Composite inched their way to intraday and record closes as Federal Reserve Chair Jerome Powell warned of the dangers of keeping interest rates high. The yield on the 10-year Treasury note rose even as Powell said progress had been made on inflation. Growth in jeopardyPowell warned that keeping interest rates high for too long could harm economic growth. "Putin wants nothing less — nothing less — than Ukraine's total subjugation, to end Ukraine's democracy," Biden said.
Persons: Inching, Jerome Powell, KeyBanc, Apple, Powell, Joe Biden, NATO's, Putin, Biden, Max, Emmanuel Macron's, Macron, Genuity Organizations: CNBC, Nasdaq, Nvidia, Dow Jones Industrial, Russia, Patriot, Boeing Locations: intraday, Ukraine, U.S, Germany, Romania, Netherlands, Italy, Europe
U.S. President Joe Biden speaks at a NATO event to commemorate the 75th anniversary of the alliance, in Washington, U.S., July 9, 2024. President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating NATO's 75th anniversary. "Putin wants nothing less — nothing less — than Ukraine's total subjugation, to end Ukraine's democracy," Biden said. But make no mistake: Ukraine can and will stop Putin, especially with our full collective support." Speaking from a teleprompter, Biden said that more air defense supplies will be distributed to Ukraine in the coming months.
Persons: Joe Biden, NATO's, Putin, Biden, Vladimir Putin Organizations: NATO, Russia, Patriot, Russian, U.S . Democratic Party Locations: Washington , U.S, Ukraine, U.S, Germany, Romania, Netherlands, Italy
Washington CNN —President Joe Biden on Tuesday announced plans to supply new air defenses to Ukraine in a speech opening the NATO summit – providing much-needed support for the country at a critical juncture in its defense against Russia’s invasion. Meanwhile, Italy would also provide a SAMP-T long-range air defense system. In addition to the long-range aerial defense systems, the US and other countries are also providing Ukraine with “dozens” of short- and medium-range systems to help Kyiv intercept Russian drones and missiles. Ukrainian President Volodymyr Zelensky said he would fight for “decisive actions” from the United States and Europe to help Ukraine. “All we allies knew before this war Putin thought NATO would break,” Biden said.
Persons: Joe Biden, Biden, ” Biden, , Volodymyr Zelensky, ” Zelensky, Zelensky, Donald Trump, Trump, Bill Clinton, , Putin, Jens Stoltenberg, Biden’s, Stoltenberg Organizations: Washington CNN, NATO, Patriot, US, HAWKs, IRIS, Ukraine, United, Mellon, Treaty, Locations: Ukraine, Germany, Romania, Netherlands, Italy, United States, Israel, Russian, Canada, Norway, Spain, Europe, , Russia,
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
Bump stocks use a semiautomatic's recoil to allow it to slide back and forth while "bumping" the shooter's trigger finger, resulting in rapid fire. The Supreme Court previously had turned away some challenges to the bump stocks prohibition. Cargill sued to challenge the rule, which required him to surrender his two bump stocks. That decision "threatens significant harm to public safety," the Justice Department said in a filing to the Supreme Court. "Bump stocks allow a shooter to fire hundreds of bullets a minute by a single pull of the trigger.
Persons: George Frey, Donald Trump, Joe Biden's, Michael Cargill, Cargill, Richard Samp, Samp, Biden, Andrew Chung, Will Dunham Organizations: REUTERS, U.S, Supreme, Trump, Alcohol, Tobacco, Firearms, Explosives, U.S . Justice Department, National Firearms Act, New Civil Liberties Alliance, Cargill, ATF, U.S . Justice, Circuit, Justice Department, National Rifle Association, Thomson Locations: Orem , Utah, U.S, Austin , Texas, Las Vegas, New Orleans, United States, New York
And Kyiv has dramatically increased long-range missile and drone attacks against Russian military hubs: command centers, fuel and ammunition supplies, transport hubs. There is anecdotal evidence of this from other sources, but not to the degree that the Russian military machine would be damaged. Alexander Ermochenko/ReutersBut just as they seek to degrade Russian air defenses, the Ukrainians have made strides in improving their own. “Our air defense system has become even more comprehensive and experienced … By the winter, it will become even stronger.”Energy production has increased too. Ryan, the former Australian general, says Ukraine’s western partners must recognize and plan for this.
Persons: Franz, Stefan Gady, Michael Kofman, they’ve, It’s, Oleksandr Tarnavsky, ” Tarnavsky, Fred Pleitgen, Tarnavsky, Tony Radakin, Ukraine’s, it’s, WarZone, Gen, Kyrylo Budanov, , ” Tarnovsky, Oleksandr Ratushniak, , Mick Ryan, Futura, Timchenko, Alexander Ermochenko, Denys Shmyhal, Jens Stoltenberg, Antony Blinken, Ryan, outlast, Robert Rose, Sergei Supinsky, Max Boot, ” Boot, Vladimir Putin Organizations: CNN, , Russian, Black, Sea Navy, Planet Labs, US Army Tactical Missile, Defense Intelligence, Aviation, Reuters, UK Defense Ministry, Arms Army, CAA, IRIS, Energy, US, Firefighters, Getty, Council for Foreign Relations Locations: Ukraine, Kharkiv, Kherson, Ukrainian, ” Ukraine, Crimea, Sevastopol, Russian, Crimean, Moscow, Russia’s, Australian, Mariupol, Donbas, Europe, United States, AFP, Russia
Ukraine reported a lower success rate in shooting down Russian missiles targeting Odesa. Ukraine's president said it needs better missile defense systems to stop infrastructure attacks. Volodymyr Zelenskyy, Ukraine's president, on Wednesday said that Ukraine urgently needed more air defense systems. He called on Ukraine's Western allies to supply it with more SAMP/T and Patriot missile defense systems to protect against Russian attacks. And according to the ECFR report, Kyiv is the only Ukrainian city with sufficient air defense protection, and Ukraine's other major cities remain vulnerable to Russian attacks.
Persons: Volodymyr Zelenskyy, Yaroslav Trofimov, Anton Gerashchenko Organizations: Service, Kremlin, Patriot, St, European Council, Foreign Relations, Reuters Locations: Ukraine, Wall, Silicon, Odesa, Russia, Ukrainian, Kyiv, Russian, Mykolaiv, Crimea
Ukraine’s Air Force said it destroyed just five of 19 Russian cruise missiles fired at the country overnight into Thursday. “Systems such as Patriot or SAMP-T could provide protection for this region.”Ukraine has received at least two Patriot systems in April, one from the United States and one from Germany. Grain infrastructure targetedMoscow launched an intense campaign of bombardment against Odesa, Mykolaiv and other settlements in southern Ukraine on Monday when Ukraine struck the key Crimea bridge. Moscow announced on Monday that it was suspending its participation in an agreement that allowed the export of Ukrainian grain through the Black Sea. “Not only they withdraw from the grain agreement in order to export grain from Ukraine, but they are burning the grain.
Persons: That’s, Oleh Kiper, Yurii Ihnat, , hasn’t, Volodymyr Zelensky, Samantha Power, Putin, Power, Josep Borrell, ” Borrell Organizations: Kyiv CNN —, Ukraine’s Air Force, CNN, Firefighters, Air Force Command, Ukraine’s Armed Forces, “ Systems, Ukraine’s, Center for Strategic, International Studies, Patriot, Monday, Russia’s Defense Ministry, Moscow, U.S . Agency for International Development Locations: Kyiv, Kyiv CNN — Ukraine, Odesa, Moscow, Russian, Ukraine, United States, Germany, Mykolaiv, Crimea, Russia, Africa, Asia
The first parts of a Russian S-400 system are unloaded at an airport near Ankara in July 2019. Turkey's S-400 lacks that integration, as it hasn't been connected to NATO's radar network because alliance members fear that doing so could expose other systems to Russian observation. That made Russia's S-400 seem like not only a valid alternative but a preferable option to the US-made Patriot missile-defense system. (The US withdrew Patriot batteries from Turkey in late 2015, adding to Turkish concerns and desire for another air-defense system.) After the initial signing, the deal went into limbo over reported political disagreements and Turkey never received the system.
Persons: hasn't, Turkey's, Recep Tayyip Erdogan's, Lisel, David E, Banks, Erdogan, UMIT TURHAN COSKUN, Washington, Jens Stoltenberg, Orhan Cicek, MURAT CETINMUHURDAR Organizations: Service, Ankara, Turkish, NATO, Turkish Defence Ministry, Johns Hopkins University, King's College, Getty, ISIS, Kurdish PKK, Patriot, US, NATO NATO, Anadolu Agency Locations: Russian, Turkey, Ankara, Wall, Silicon, Russia, Turkish, King's College London, Hintz, Istanbul, AFP, Erdogan's, Washington, Kurdish, East, Eurasia, Banks, TURKISH, Moscow, France, Italy, Franco, Italian
Ukraine awaits US missile system after latest Russian strike
  + stars: | 2023-04-15 | by ( ) www.cnbc.com   time to read: +4 min
The entrance to the Recknitztal barracks, home of the anti-aircraft missile group 24, on the left a mobile launch pad of the Patriot air defense system. The delivery of the Patriot air defense system promised by the U.S. was expected in Ukraine sometime after Easter, Ukrainian air force spokesperson Yuriy Ihnat said. Germany and the Netherlands also have pledged to provide a Patriot system each to Ukraine. Separately, a 48-year-old woman and her 28-year-old daughter died Saturday after Russian forces shelled a neighborhood of the city of Kherson, the regional administration said on Telegram. The southern port city was occupied by Russian forces in the early months of the war, but Ukrainian forces regained control of it in November, one of the most notable battlefield defeats for Moscow.
BRUSSELS/ROME, Feb 9 (Reuters) - Italy's Prime Minister Giorgia Meloni on Thursday said the invitation of Ukrainian President Volodymyr Zelenskiy to Paris, where he met French President Emmanuel Macron and German Chancellor Olaf Scholz, was "inappropriate". Following his visit to London and Paris, Zelenskiy arrived in Brussels on Thursday to push EU leaders for more weapons in the fight against Russia's invasion and for a quick start to EU membership talks. Italy's Foreign Minister said on Wednesday Meloni would meet Zelenskiy on the sidelines of the EU leaders meeting, which will end on Friday. Zelenskiy, who is seeking better aerial firepower to turn the war against Russia, won a British pledge to train Ukrainian pilots on advanced NATO fighter jets. Last week France and Italy finalised technical talks for the joint delivery of a SAMP/T-MAMBA air defence system to Ukraine in spring of this year.
Italy bristles over Zelenskiy dinner snub in Paris
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +3 min
[1/2] Italy's Prime Minister Giorgia Meloni speaks to the media as she attends the European leaders summit in Brussels, Belgium February 9, 2023. REUTERS/Yves HermanBRUSSELS, Feb 9 (Reuters) - Italian Prime Minister Giorgia Meloni criticised France and Germany on Thursday after she was not invited to a dinner in Paris with Ukrainian President Volodymyr Zelenskiy, adding to friction between the European Union allies. French President Emmanuel Macron and German Chancellor Olaf Scholz met Zelenskiy on Wednesday evening ahead of an EU summit on Thursday. But unlike last year, when the then-Italian Prime Minister Mario Draghi worked hand-in-hand with Macron and Scholz on Ukraine, Meloni was left out in the cold. However, things were different when Draghi, a former president of the European Central Bank, was prime minister.
Russia's war on Ukraine: The latest news
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: +4 min
[1/7] A Ukrainian serviceman looks on, amid Russia's attack on Ukraine, in Bakhmut, Donetsk region, Ukraine January 27, 2023. * The EU's next package of sanctions against Russia will hit the trade and technology that support Moscow's war against Ukraine, European Commission President Ursula von der Leyen said on Friday. ARMS* Portugal will send Leopard 2 tanks to Ukraine, Prime Minister Antonio Costa said, without specifying how many. * Former Russian President Dmitry Medvedev has said the supply of more advanced U.S. weaponry to Ukraine will only trigger more retaliatory strikes from Russia, up to the extent of Russia's nuclear doctrine. CONFLICT* Ukraine and Russia traded almost 200 prisoners of war in a swap announced separately by both sides on Saturday, with the bodies of two British volunteers also being sent back to Ukraine.
Ukraine said it had shot down all 24 drones sent overnight by Russia, including 15 around the capital, and 47 of 55 Russian missiles - some fired from Tu-95 strategic bombers in the Russian Arctic. Eleven people were killed and 11 wounded in the drone and missile strikes, which spanned 11 regions and also damaged 35 buildings, a State Emergency Service spokesperson said. Prime Minister Denys Shmyhal said electricity substations had been hit as Russia continued to target energy facilities. [1/7] Local residents remove debris from a house of their neighbour damaged by a Russian military strike, amid Russia's attack on Ukraine, in the town of Hlevakha, outside Kyiv, Ukraine January 26, 2023. Both Moscow and Kyiv, which have so far relied on Soviet-era T-72 tanks, are expected to mount new ground offensives in spring.
France is also considering sending its Leclerc tanks to Ukraine. A French Leclerc tank during an exercise in Germany in November 2019. Some claim it performed better than the M1 Abrams tanks that Saudi Arabia has used in that conflict. The Leclerc's lighter weight may make it more maneuverable than the other Western tanks headed to Ukraine. But other than Rafale jet fighters, the most powerful weapon — symbolically and militarily — that France could provide would be Leclerc tanks.
[1/6] Tapi Tapi ice cream shop owner, Zimbabwean Tapiwa Guzha, mixes the ice cream ingredients at his shop in Observatory, in Cape Town, South Africa, December 20, 2022. "At some point it became an aspirational thing to say I don't eat African food ... so I started addressing ... that problem," he said at his Tapi Tapi shop. Located in the bohemian suburb of Observatory in Cape Town, he hopes to share the different flavours in tubs and cones, and celebrate African food culture, rituals and folklore. People often bring him ingredients from other parts of the continent, he says, who get a free tub of ice cream in return. Growing up, customer Clive Sibanda knew ice cream could be vanilla, something that is not native to South Africa.
[1/4] Italy's Defence Minister Guido Crosetto poses for a picture during an interview with Reuters, in Rome, Italy, December 16, 2022. Defence Minister Guido Crosetto, a co-founder of Prime Minister Giorgia Meloni's Brothers of Italy party, said Rome would make a final decision on how much to invest in the multi-billion-dollar project after more details had been defined. Crosetto said there should be no bar on joining forces with the rival European programme, adding that the GCAP should also aim to find new partners, especially within Europe. Italy has never disclosed details of its shipments, but Crosetto confirmed that Kyiv had requested air-defence systems, including the Franco-Italian SAMP/T. He added that Italy was also open to suggestions for joint procurement by the EU Defence Agency.
[1/2] People demonstrate against Russia's invasion of Ukraine during a rally in Rome, Italy, November 5, 2022. REUTERS/Remo Casilli/File PhotoROME, Nov 8 (Reuters) - The Italian government is readying a new arms package for Ukraine including air defence systems, a governing coalition official said on Tuesday. The Italian coalition official, who declined to be named, said Rome was ready to provide Ukraine with a variety of air-defence systems, including the medium-range Franco-Italian SAMP/T and Italian Aspide, as well as portable Stinger missiles. Italian Defence Minister Guido Crosetto spoke by phone on Monday with U.S. Defense Secretary Lloyd Austin and pledged to support Ukraine against Russia's invasion for "as long as necessary", a statement said. On Monday, Kyiv said it had received its first delivery of NASAMS air defence systems from the United States.
Ukraine asks France to prove its love with weapons
  + stars: | 2022-10-12 | by ( John Irish | ) www.reuters.com   time to read: +2 min
France has delivered Caesar howitzers, portable air defence systems and heavy armoured vehicles primarily. Wednesday's clip made clear to France that it wanted more than just words and promises. France does have the SAMP/T (Mamba) surface-to-air defence system, although quite how many it could provide is unclear. "We have not had any answers from France to our requests on this," Vadym Omelchenko, Ukraine's ambassador to France, told reporters on Monday. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Irish; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
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