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☆ US troops are shooting at balloons to figure out how to beat one of the Ukraine war's most 'dangerous' and unpredictable weapons
▼ + stars: | 2024-03-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

Small drones have emerged as a serious problem on the modern battlefield, especially in Ukraine. Jake Epstein/Business InsiderThe Smart Shooter system is the kinetic follow to the electronic warfare component. In other words, the Smart Shooter is a much-needed asset that even a great marksman would likely find helpful. The Drone Buster and Smart Shooter don't necessarily need to be used together, but they work best if they are, Cameron said. The drones were unarmed, but they were meant to replicate a terrifying aspect of the evolving drone threat.

Persons: —, Jake Epstein, Moseph Sauda, Sauda, Jacob Cameron, Smart, Cameron Organizations: Service, National Guardsmen, Aircraft System, University, US Army, Wisconsin National Guardsmen, Islamic, Business, Smart, Wisconsin National Guardsman, Wisconsin National, The Guardsmen, Guardsmen Locations: Ukraine, Fort Sill, Oklahoma, Islamic State, Wisconsin

☆ US, EU Discuss Russia Sanctions Ahead of Ukraine War's Second Anniversary
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

"Many of us are prepared to roll out quite robust anniversary packages," the official told Reuters, but declined to provide details. The new sanctions would come as the U.S. and its allies look to maintain pressure on Russia with U.S. military aid to Ukraine increasingly in doubt. "All delegations expressed their support to the proposed package, except one who requested a bit more time to analyze the content of the proposals," said an EU official, pointing to Hungary. The official said, however, the new EU sanctions would blacklist almost 200 people and entities. "The Russia sanctions program is both an extraordinary success and an extraordinary failure, depending upon one's point of view," said Smith.

Persons: Daphne Psaledakis, Gabriela Baczynska WASHINGTON, Joe Biden's, John Smith, Smith, Gabriela Baczynska, Don Durfee Organizations: Reuters, Kyiv, Republican, Representatives, Washington, EU, Wednesday, Russia, U.S . Treasury Department’s, Foreign Assets Control Locations: BRUSSELS, U.S, Russia, Brussels, Ukraine, Washington, EU, Hungary, Moscow, Lincoln

☆ Saboteurs 'blew up' aircraft at a Russian base in the latest in a string of attacks, causing 'hysteria,' Ukrainian military intelligence reports
▼ + stars: | 2023-09-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Unknown saboteurs blew up several Russian aircraft at a military base near Moscow, Ukraine reported. Kyiv said the attack damaged two planes and a helicopter and caused 'hysteria' in the Russian military. These attacks, some of which were carried out by drones, have damaged and destroyed several Russian military aircraft and underscored serious gaps in Moscow's force protection capabilities and air-defense network. The Ilyushin Il-20 ground attack aircraft. After the incident and in an attempt to better protect the airbase from future attacks, Moscow turned to a newly created civilian volunteer force to patrol the area.

Persons: that's, HUR, Antonov, Sergei Karpukhin, NIKITA SHCHYUKIN Organizations: Service, Russian, Ukrainian, Directorate of Intelligence, REUTERS, Ukrainska Pravda, Ilyushin, Getty Images Locations: Moscow, Ukraine, Russia, Wall, Silicon, Chkalovsky, AFP, Russia's, Soviet, Crimean, Russian, Sevastopol

☆ Striking photos of the Ukraine war's front-line trenches echo scenes from the World Wars
▼ + stars: | 2023-08-03 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Ukrainian and Russian forces have dug sprawling trenches along the front lines of the war. The trenches echo scenes from bloody combat of World War 1 and World War 2. Take a look at photos comparing trench warfare in Ukraine today and the historic World Wars. These winding trenches hinder advances by enemy troops and protect defenders, zig-zagging and crossing the battlefield, and in some respects, they're strikingly reminiscent of scenes of trench warfare from World War I and World War II, showing the enduring presence of this type of fighting. The following photos show the front-line trenches in Ukraine today, where the most devastating land war in decades is being fought, and those of two of the 20th century's worst conflicts.

Organizations: Service Locations: Ukraine, Wall, Silicon, Bakhmut, French

☆ Top banks made $6 billion trading the ruble last year amid Western exodus from Russia, report says
▼ + stars: | 2023-08-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Wall Street reaped billions from ruble trading in the Ukraine war's first year, Bloomberg reports. Banks would buy dollars cheaply and sell them at a markup to Western firms fleeing Russia. Western banks turned to lesser-known peers in countries on good terms with Russia, such as Kazakhstan and Armenia. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Lenders involved in the ruble trade and those that steered clear of it declined to comment to Bloomberg.

Persons: Banks, Vali, Goldman Sachs, JPMorgan Chase, Vladimir Putin, June's Wagner Organizations: Ukraine war's, Bloomberg, Service, Citigroup, JPMorgan, Wall Street Locations: Ukraine, Russia, Kazakhstan, Armenia, Wall, Silicon

☆ Wagner boss Prigozhin is going off the rails in Ukraine, and Putin may not have much choice but to let him, war expert says
▼ + stars: | 2023-05-13 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +12 min

Though he strikes hardest at the defense ministry, he has seemingly aimed his frustrations at Putin as well. During the intense fighting in Bakhmut, where the mercenaries have suffered tremendous losses, simmering tensions between the Russian defense ministry and the Wagner boss have boiled over. With the replacement of Gen. Sergei Surovikin, an infamous Russian leader pushed by ultranationalists like Prigozhin, in January, the Russian defense ministry retook control. The situation got so bad for Wagner at one point that expert observers speculated that the Russian military was purposefully decimating the group. Prigozhin said he was threatened with treason over his assertions that Wagner forces would pull out of Bakhmut.

☆ Ukraine war live updates: Wagner leader says his forces will leave Bakhmut; Bill Clinton says he foreshadowed Russian invasion
▼ + stars: | 2023-05-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Prigozhin lambasted Russian defense officials in a video where he stood surrounded by the dead bodies of Russian troops, blaming the officials for the deaths of the men. Sergey Lavrov once again pinned Wednesday's attempted drone attack on the Kremlin on the United States and Kyiv, saying that any self-respecting country should stop communicating with Ukrainian President Volodymyr Zelenskyy at this point. Ukraine says the drone attack was staged by Russia. Meanwhile, Russian officials have warned that high water levels at a dam near the Zaporizhzhia nuclear power plant could threaten the plant, which is Europe's largest of its kind. A rupture of the dam would create "functional problems for the operation of the plant and risks for nuclear safety," a Russian nuclear energy advisor said.

☆ Putin berates US and EU envoys, top official says US aid fuelling Ukraine war's 'hot phase'
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +3 min

The ambassadors were among 17 who presented their diplomatic credentials to Putin at a televised ceremony in the Kremlin. Putin told new U.S. Ambassador Lynne Tracy that U.S. support for a revolution in Ukraine in 2014 had led to the current situation where Russia and Ukraine were in conflict. Putin took a similar line with the new EU ambassador, Roland Galharague, telling him "the European Union initiated a geopolitical confrontation with Russia". In his opening remarks, Putin said Russia was open to constructive partnership with every country and would not isolate itself.

☆ G20 finance leaders to gauge toll on global economy on Ukraine war's anniversary
▼ + stars: | 2023-02-24 | by ( David Lawder | ) www.reuters.com time to read: +3 min

BENGALURU, Feb 24 (Reuters) - Global finance leaders will tally the economic damage from Russia's war in Ukraine on Friday as they meet on the conflict's first anniversary with some voicing concerns that more sanctions on Moscow would disrupt a modest improvement in growth. U.S. Treasury Secretary Janet Yellen on Thursday highlighted the improvement, saying the global economy "is in a better place today than many predicted just a few months ago". Yellen and fellow G7 ministers on Thursday called for more financial support for Ukraine and vowed to maintain tough sanctions on Russia. German Finance Minister Christian Lindner said the pressure on Russia must be kept high to "completely isolate" Russia's economy. Yellen said the communique was still under discussion and she hoped to see a strong condemnation of Russia's invasion and the damage it has caused Ukraine and the global economy.

☆ Ukraine war's impact on trade not as bad as expected: WTO
▼ + stars: | 2023-02-23 | by ( Emma Farge | ) www.reuters.com time to read: +2 min

The global trade watchdog had forecast just 3% growth for 2022 as the conflict caused major disruptions to exports including wheat and fuels. However, WTO Chief Economist Ralph Ossa, presenting its latest analysis of the war's impact on trade, said global trade had "held up well". Ossa added that global trade was resilient because WTO members showed restraint in their use of export restrictions. Some countries previously reliant on imports from Ukraine swapped one food product for another, the WTO report said, switching for example from wheat to rice. During the same period, Russia's exports increased by 15.6% due to higher prices for fuels, fertilisers and cereals, the WTO said.

☆ Biden, Putin display their alliances with Ukraine war backdrop
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +6 min

Washington is concerned Beijing could provide material support for Moscow's war in Ukraine, which began on Feb. 24 last year and has become the biggest land conflict in Europe since World War Two. Not just for Ukraine, but for the freedom of democracies throughout Europe and around the world," Biden said. In two speeches last September Putin indicated that he would, if needed, use nuclear weapons to defend Russia. "We have heard implicit threats to use nuclear weapons. The so-called tactical use of nuclear weapons is utterly unacceptable.

☆ Asian shares slip, dollar rally on hold as Fed cues eyed
▼ + stars: | 2023-02-21 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slipped 0.7% to 529.97, hovering around six-week lows of 529.30 touched last week. European stock futures indicated stocks were set to decline, with Eurostoxx 50 futures down 0.14%, German DAX futures 0.07% lower and FTSE futures down 0.13%. The yield on 10-year Treasury notes was up 2.3 basis points to 3.852%., after touching a three-month high of 3.929% on Friday. Investor focus is firmly on the release on Wednesday of the minutes of the Fed's latest meeting earlier this month when it raised interest rates by 25 basis points. The yen weakened 0.11% to 134.38 per dollar, while sterling was last trading at $1.2026, down 0.10%.

☆ Expect many symbolic Russian attacks ahead of Ukraine war's anniversary, analyst says
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect many symbolic Russian attacks ahead of Ukraine war's anniversary, analyst saysMaximilian Hess of the Foreign Policy Research Institute says Russian President Vladimir Putin is likely to make it clear that he's still willing to fight for the long haul.

☆ Russia's war on Ukraine latest: Russia says 63 servicemen killed in Makiivka
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +3 min

Ukraine said it had shot down all Russian drones fired in a third straight night of air strikes. FIGHTING* Russia said 63 Russian soldiers had been killed in a Ukrainian New Year's Eve attack on their quarters in the town of Makiivka, triggering furious criticism of the military leadership from lawmakers and pro-war bloggers. * Russia is planning a protracted campaign of attacks with Iranian drones to "exhaust" Ukraine, President Volodymyr Zelenskiy said. Ukrainian servicemen ride an Armoured Personnel Carrier (APC), as Russia's attack on Ukraine continues, in the village of Torske, Donetsk region, Ukraine December 30, 2022. * Russian Defence Minister Sergei Shoigu said victory for Russia over Ukraine was "inevitable" as he hailed Russian soldiers' heroism in a New Year's video message.

☆ Morning Bid: All in on reopening
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +2 min

The path to reopening is unlikely to be smooth and straight-forward, with some finding it difficult to break out of habits formed during the strict lockdowns. Reuters GraphicsInvestors though are riding on the reopening optimism. Next week's slate of central bank meetings will show us which way the interest rates are headed. Meanwhile, Keystone pipeline in the United States was shut down after more than 14,000 barrels of crude oil spilled into a creek in Kansas. Yet oil remains pinned near one-year lows, as gloom about demand offsets the Ukraine war's strain on supply.

☆ Russian troops are building new defensive positions nearly 40 miles behind current front lines, a sign they're planning for more retreats, UK intel says
▼ + stars: | 2022-11-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Russian troops are making new defensive positions miles behind the front lines, the UK said Friday. British intelligence said that these new positions suggest the Russian military is planning for more retreats. Ukrainian troops last week entered the southern city of Kherson after Russian President Vladimir Putin's defense chief ordered a retreat across the Dnipro (also called Dnieper) River. A Ukrainian tank is seen as Ukrainian Armed Forces' military mobility continue toward Kherson front in Ukraine on November 9, 2022. According to a recent assessment by the Washington-based think tank, the Institute for the Study of War, Russian forces have continued to attack Bakhmut, though Ukrainian forces have so far managed to repel the assaults.

☆ Why China doesn't actually want to invade Taiwan
▼ + stars: | 2022-11-12 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +8 min

Biden is trying to reassure Beijing but also trying to deter them from using military force to coerce Taiwan." Biden, however, has gone further, repeatedly asserting that he would respond to a Chinese invasion by committing US troops. For China, the Taiwan threat gives them negotiating leverage with the US and influence over Taiwan's domestic politics. If Congress passes the Taiwan Policy Act, Taiwan will get $6.5 billion in taxpayer money to buy more US-made weaponry. The sanctions that would likely follow an invasion of Taiwan would quickly and severely restrict the country's supply of meat.

☆ UBS: Buy these 23 high-quality stocks that are poised to outperform as a volatile market sends the Eurozone barreling towards a recession
▼ + stars: | 2022-09-28 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +3 min

Raging inflation, rate hikes, and an energy crisis have tumbled European stocks recently. UBS shared 23 high-quality stocks to buy to help investors navigate increasing volatility and risk. "Inflation risks remain skewed to the upside, in our view," wrote a team of UBS strategists in a report published earlier this month. 23 high-quality stocks to weather the stormBut just because there's storms ahead for the European stock market doesn't mean that investors must stay away entirely. The full list of UBS's top 23 high-quality European stock picks is below, along with each firm's ticker, key themes and drivers, and catalysts.

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