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In 2017, Hurricane Maria damaged three IV fluid manufacturing plants in Puerto Rico, also operated by Baxter, which led to a shortage. “Although this particular shortage on these particular IV fluids is not something we’ve encountered,” DeRienzo said. Along with IV fluids, the North Carolina Baxter facility also made specialty fluids, such as peritoneal dialysis fluid as well as irrigation fluids, used to clean wounds. Ganio said those measures won’t solve the ongoing IV fluid shortage problems long term. “The IV fluids are kind of a good example of the chronic shortages,” he said.

Persons: Helene, Erin Fox, ” Fox, Fox, ‘, ” Michael Ganio, ” Ganio, ”, hasn’t, Baxter, Chris DeRienzo, Hurricane Maria, we’ve, ” DeRienzo, Ganio Organizations: Food, Baxter, FDA, University of Utah Health, American Society of Health, System, Braun, ICU, American Hospital Association, Carolina Baxter, of Health, Human Services, HHS Locations: North Carolina, U.S, Saline, Puerto Rico, Carolina, Canada, China, Ireland

☆ Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exit
▼ + stars: | 2024-10-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

New developments show the path for Western banks trying to exit Russia has gotten tougher. Moscow will block the sale of Western bank assets to local Russia buyers, sources told Bloomberg. Russia's government has signaled that it will block any efforts from Western banks to offload their local units to Russian-owned entities, according to Bloomberg, who cited people familiar with the matter. Given the fact that Russia has also prevented sales to foreign buyers, these Western banks appear to be stuck, with limited options available. This latest development is an expansion of the Kremlin's ongoing campaign to keep Western firms within its borders.

Persons: —, Raiffeisen Organizations: Bloomberg, Service, US, Austrian, UniCredit, Yale School of Management, Reuters Locations: Russia, Moscow, Russian, UniCredit, Abu Dhabi, Ukraine

☆ Russia rolled out a Soviet howitzer from the 1940s that Moscow technically shouldn't have in the first place
▼ + stars: | 2024-10-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Russia filmed its troops firing a D-74, an artillery gun developed in the 1940s that the Soviets exported to their allies. The field gun featured: a D-74 122mm howitzer, which the Soviet Union developed in the late 1940s. Ukrainian President Volodymyr Zelenskyy estimated in February that Russia was receiving at least 1 million artillery shells from North Korea. AdvertisementThe Russian defense ministry and the Chinese foreign affairs ministry did not respond to requests for comment sent by Business Insider. AdvertisementDespite its sheer age, the D-74 still can be useful for Russia in a modern war in Ukraine, Purcell said.

Persons: —, it's, Michael Purcell, " Purcell, Putin, Russian Defense Ministry Jennifer Kavanagh, Volodymyr Zelenskyy, Dmitry Peskov, Russia Kavanagh, Kavanagh, Purcell, Vladimir Putin, that's Organizations: Military, Service, Kremlin, Soviet Union, Marine Corps, International Security, George Washington University, DPRK, Russian Defense Ministry, Defense, Authorities, China, International Institute for Strategic Studies, Business Locations: Russia, North Korea, Russian, Donetsk, Soviet Union, Ukraine, Moscow, Soviet, Vietnam, China, Washington, Seoul, Pyongyang

☆ How Saudi Arabia could create a crisis for Russia's economy
▼ + stars: | 2024-10-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

One analyst suggests the market could see a repeat of the 2020 oil price war. AdvertisementRussia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices. "Saudi Arabia is fed up," Simon Henderson, director of the Bernstein Program on Gulf and Energy Policy at The Washington Institute, told Business Insider. However, some kind of confrontation with Saudi Arabia may be stirring. "Unlike Saudi Arabia, its oil is not cheap to extract, making it poorly equipped to deal with low-price conditions.

Persons: —, Luke Cooper, hasn't, Simon Henderson, Bernstein, it's, Henderson, Vladimir Putin, Alexander Novak, Cooper Organizations: Service, Organization of Petroleum, Russia, London School of Economics, Financial Times, Gulf and Energy, The Washington Institute, OPEC Locations: Saudi Arabia, Russia, Riyadh, Ukraine, Gulf, Moscow, Iran, Kazakhstan

A view from the surroundings of damaged Al-Awda Hospital after Israeli attacks, in Beit Lahia, Gaza on May 18. Mousa Salem/Anadolu Agency/Getty ImagesA United Nations inquiry has accused Israel of carrying out a “concerted policy” of destroying the health care system in Gaza during its year-long conflict with Hamas in attacks it said amount to war crimes. The Israeli attacks resulted in “fuel, food, water, medicines and medical supplies not reaching hospitals, while also drastically reducing permits for patients to leave the territory for medical treatment,” it said. Israel has released footage they say is evidence of those Hamas operations. The commission previously alleged that both Israel and Hamas committed war crimes in the early stages of the Gaza war, and that Israel’s actions also amounted to crimes against humanity.

Persons: Mousa, Israel, “, Pillay, Israel “, Hind Rajab Organizations: Awda, Anadolu Agency, UN’s Independent International Commission of, CNN, Israel Defense Forces, Office, Hamas, IDF, UN, Human Rights, Israeli Army’s 162nd, Assembly Locations: Beit Lahia, Gaza, Mousa Salem, Nations, Palestinian, East Jerusalem, Israel

☆ UN inquiry accuses Israel of ‘crime of extermination’ through deliberate destruction of Gaza’s health care system
▼ + stars: | 2024-10-11 | by ( Niamh Kennedy | Muhammad Darwish | ) edition.cnn.com time to read: +4 min

CNN —A United Nations inquiry has accused Israel of carrying out a “concerted policy” of destroying the health care system in Gaza during its year-long conflict with Hamas in attacks it said amount to war crimes. Israel’s actions in the besieged Palestinian enclave “constitute the war crimes of willful killing and mistreatment and the crime against humanity of extermination,” the commission said in a statement Thursday. The Israeli foreign ministry rejected “accusations of widespread ill-treatment and torture of detainees,” saying Israel is “fully committed to international legal standards” on treatment of detainees. “Children in particular have borne the brunt of these attacks, suffering both directly and indirectly from the collapse of the health system,” she said. The commission previously alleged that both Israel and Hamas committed war crimes in the early stages of the Gaza war, and that Israel’s actions also amounted to crimes against humanity.

Persons: Israel, “, Pillay, Israel “, Hind Rajab Organizations: CNN, United, UN’s Independent International Commission of, Hamas, UN, Human Rights, Israeli Army’s 162nd, Assembly Locations: United Nations, Gaza, Palestinian, East Jerusalem, Israel, Jihad

☆ Russia's mass advantage against Ukraine should start declining by 2025, war expert says
▼ + stars: | 2024-10-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Russia is flooding Ukraine with men and equipment, but that should soon slow, analyst Michael Kofman said. Its high losses indicate its military is strained under its current level of aggression, he told the Intelligencer. AdvertisementRussia's numbers advantage against Ukraine is likely to start diminishing as soon as the end of this year, said US-based military analyst Michael Kofman. Russia's equipment can't last foreverKofman's first explanation is that Moscow has been replacing high equipment losses with Soviet-era weaponry, but even these reserve stocks can't last forever. "What it does mean is that the Russian military has increasingly been forced to adjust tactics to minimize their losses," he added.

Persons: Michael Kofman, Kofman doesn't, —, Intelligencer's Benjamin Hart, Kofman, it's, Hart, lim, Wes Organizations: Service, Kremlin, Carnegie Endowment, International, Soviet, UK Defense Ministry, Defence, adm, unc Locations: Russia, Ukraine, Kyiv, Moscow, Russian, Rus

☆ Ukraine approves 'historic' war tax hike to help cover defense spending
▼ + stars: | 2024-10-10 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

The new law will raise war tax from 1.5% to 5% for residents. It comes as Ukraine seeks to bolster its finances amid its ongoing war with Russia. AdvertisementUkraine's parliament approved a war tax increase on Thursday. The new law will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' profits climb to 50% for the year. In a post on X, Zelenskyy said the trio had focused on "Euro-Atlantic integration and the military reinforcement of Ukraine."

Persons: —, Yaroslav Zhelezniak, Volodymyr Zelenskyy, Yuriy Dzhygyr, Zelenskyy, Keir Starmer, Mark Rutte Organizations: Service, Verkhovna Rada's, Reuters, Russia, Defence Forces, Russian Federation, Ukraine, of, British, NATO Locations: Ukraine, Russia, Ukrainian, Ukraine's, London

☆ San Jose Japanese American farm from early 1900s to be demolished for urban housing
▼ + stars: | 2024-10-05 | by ( Claire Wang | ) www.nbcnews.com time to read: +6 min

In San Jose, a center of California’s housing crisis, one of the oldest and last remaining Japanese-owned farms in the state will be demolished to pave the way for urban housing. San Jose is home to one of only three existing Japantowns in the country and the only one built on agricultural roots. In July, the San Jose City Council voted to turn the Sakauye family’s 23-acre fruit orchard into a mixed-used development constituting nearly 1,500 apartment units and town houses. Vanessa Hatakeyama, the acting director of the Japanese American Museum of San Jose, said the Sakauye farm is a remnant of San Jose’s agricultural landscape — one that was built by Japanese immigrants — before it was transformed by the tech and suburban housing booms. In July, the San Jose City Council voted to turn the Sakauye family’s 23-acre fruit orchard into a mixed-used development constituting nearly 1,500 apartment units and town houses.

Persons: Vanessa Hatakeyama, ” Hatakeyama, they’d, Eichii, Ed ” Sakauye, Yuwakichi, Sakauye, of San Jose Eichii Sakauye, Edward Seely, “, ”, Rosemary Kamei, Kamei’s, Kamei, Ben Leech, Carolyn Sakauye, Jane May, Leech Organizations: San Jose City, Japanese American Museum of San, ” Preservation, ., Preservation, of San, City, city’s Department of Parks ,, Neighborhood Services Locations: Jose, San Jose, Japanese American Museum of San Jose, Silicon, California, Heart Mountain , Wyoming, Heart, of San Jose

☆ Russia's defense industry has a massive labor shortage. Rules on what jobs women can do are part of the issue.
▼ + stars: | 2024-10-05 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Russia's defense industry is short some tens of thousands of skilled laborers. Demographic trends and policies further strain Russia's labor force and defense industry. AdvertisementRussia does have one largely untapped source of labor for the defense industry: women. AdvertisementThe decline in Russia's labor force is forecast to continue until 2040, Massicot wrote. This would make bringing women into defense manufacturing a hard cultural and political pivot, Massicot said on X.

Persons: —, Vladimir Putin, Dara Massicot, Massicot, Putin, El País, Health Mikhail Murashko Organizations: Service, BBC, Carnegie Endowment, International, Workers, American Welding Society, Russian Academy of Science's Institute of Economics, Reuters, Russia's, Health Locations: Ukraine, Russia, BBC Russia, Eurasia, El

☆ Japan airport closed by explosion of U.S. bomb likely dating to World War II
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

TOKYO — A regional airport in southwest Japan was closed on Wednesday after a U.S. bombshell, most likely dropped during World War II to stem “kamikaze” attacks, exploded near its runway, causing nearly 90 flight cancellations. Miyazaki Airport shut its runway after the explosion caused a crater 23 feet wide and nearly 3 feet deep in the middle of the taxiway next to the runway, according to a Japanese transport ministry official. No injuries were reported, but live cam footage showed an airplane had been taxiing nearby just two minutes before the explosion, according to local broadcaster MRT. Multiple unexploded bombs have previously been found at Miyazaki airport, the transport ministry official said. More than 79 years since the end of the war, unexploded bombs from the intense airstrikes are still found across Japan today.

Persons: Yoshimasa Hayashi Organizations: Miyazaki, Defense Force, JAL, ANA, Self - Defense Forces Locations: TOKYO, Japan, U.S, American, Miyazaki, Tokyo, Osaka, Fukuoka, Kyushu

☆ Ukraine: Russians capture strategic town of Vuhledar in yet another blow for Kyiv
▼ + stars: | 2024-10-02 | by ( Clare Sebastian | ) edition.cnn.com time to read: +4 min

CNN —Russia has captured the key eastern Ukrainian town of Vuhledar, ending months of resistance and underscoring the scale of Kyiv’s challenge as it heads into its third wartime winter. While not a transport and logistics hub like Pokrovsk, Vuhledar was heavily fortified and viewed as a crucial bastion at the intersection of Ukraine’s eastern and southern fronts. Just like Avdiivka, another strategic eastern town which fell in February, Vuhledar is a victim, not of Russian strategic prowess, but brute force attrition. For two years Ukraine had put up a formidable defense there, as Russia tried and failed several times to take the town. “It’s painful, Vuhledar or rather those who settled there, drank a lot of blood,” he said.

Persons: Vladimir Putin, Zelensky, Joe Biden, Vuhledar, Boris Rozhin, ”, Voenkor Kotenok, “, Stanislav Buniatov Organizations: CNN, Kremlin, NATO, ABC, International Energy Agency Locations: Russia, Ukrainian, Vuhledar, Pokrovsk, Russian, Donetsk, Ukraine, Kyiv, Kursk, Kharkiv, It’s

☆ Jimmy Carter is setting a new record for American presidents. It’s important for everyone
▼ + stars: | 2024-09-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +25 min

Paul J. Richards/AFP/Getty Images Carter works at a construction site sponsored by the Jimmy Carter Work Project in Asan, South Korea, in 2001. Alex Wong/Getty Images Carter meets with Obama and other former presidents at the White House in January 2009. Richard Lewis/The Elders/Getty Images Carter was interviewed for "The Presidents' Gatekeepers" project at the Carter Center in Atlanta in September 2011. Chris McKay/Getty Images Carter talks about his cancer diagnosis during a news conference at the Carter Center in Atlanta in August 2015. The 1983 tweaks to Social Security included, for instance, the counting of some Social Security benefits as taxable income and a gradual increase of the retirement age from 65 to 67.

Persons: Jimmy Carter, Carter, John Quincy Adams, It’s, CNN’s Stephen Collinson, ” Carter, “, George H.W, George H.W . Bush, Rosalynn, Lillian, Gloria, . Bradley, Jimmy, Horace Cort, —, John Storey, Stan Wayman, Amy, Walter Mondale, Gerald Ford, Ford, Warren Burger, Rosalynn Carter, Billy, Simons, Barry Thumma, Harvey Georges, Helmut Schmidt, Schmidt, Anwar Sadat, Menachem Begin, Camp David, Carter's, Carter jogs, Karl Schumacher, Dirck Halstead, Leonid Brezhnev, Chuck McManis, Ronald Reagan, Reagan, Robert Burgess, Joe Holloway Jr, AP Carter, Bill Clinton, Al Gore, Paul J, Richards, Clinton, Chung Sung, Fidel Castro, Adalberto Roque, Arne Knudsen, Hugo Chavez's, Juan Barreto, Howard Dean, Erik S, Scott Olson, Marco Longari, Michael Williamson, Barack Obama's, Alex Wong, Obama, George W, Bush, J, Scott Applewhite, Mark Wilson, Ismail Haniya, Mahmud Hams, Jung Yeon, Nelson Mandela, Jeff Moore, Aijalon Mahli Gomes, Gomes, Darren McCollester, Sheikh Jarrah, Mary Robinson, Bernat, George, Kris Connor, Raul Castro, Javier Galeano, Richard Lewis, David Hume Kennerly, Michelle Obama, Martin Luther King Jr, Jewel Samad, Brian Kersey, Chris McKay, Phil Skinner, Donald Trump, Saul Loeb, Jim Chapin, Drew Angerer, Matt McClain, Dan Quinn, Scott Cunningham, Chip Somodevilla, Mark Humphrey, John Amis, Joe Biden, Jill Biden, Adam Schultz, John Bazemore, Michael S, Williamson, Jason Carter, Evelyn Hockstein, Jimmy Carter's, there’s, aren’t, – Carter, Ronald Reagan –, CNN’s Eva Rothenberg, ” Regan, dismissively, gaslighting, “ Governor Reagan, Reagan empaneled, Alan Greenspan, Donald Trump’s, Kamala Harris Organizations: CNN, Social Security, Medicare, Carter, ”, Habitat, Humanity, Bettmann, Jimmy, AP, US Naval Academy, Democratic, Atlanta, Hulton, Democratic National Convention, Walnut, Theater, Ford, Getty Images, Department of Energy, West, Airlift, Camp, AFP, Getty, Democratic National Committee, White House, Ronald Reagan Library, Andrews Air Force Base, United Nations, Trinity Church, Summit, America's, Getty Images Cuban, University of Havana, Venezuelan, Department of Defense, Washington Post, White, Foreign, Korea University, North, South, Boston's Logan International Airport, Irish, Pyongyang University of Foreign Studies, Carter Center, Lincoln Memorial, Sunday School, Maranatha Baptist Church, Hurricane Relief, College, College Station ,, Secret Service, Atlanta Falcons, NFL, Former, The New York Times, Pew Research Center, Congressional Research Service, Security Locations: Cuba, Guinea, Iraq, Winnipeg, Canada, George H.W ., United States, Elk City , Oklahoma, Plains , Georgia, Atlanta, Georgia, New York, Washington, Philadelphia, Georgia's St, Florida, Panama, Vietnam, Berlin, Maryland, Egypt, Israel, Pennsylvania, Vienna, Austria, Los Angeles, Arab, Wiesbaden, West Germany, Iran, Pakistan, Afghanistan, AFP, New, Asan , South Korea, Havana, Oslo, Norway, Caracas, Venezuela, American, Connecticut, Boston, Maputo, Mozambique, DC, Ghana, Gaza, Seoul, South Korea, North Korea, Johannesburg, Jerusalem, Sheikh, Pyongyang, Chicago, College Station, College Station , Texas, Nashville , Tennessee, Plains

Sen. Marco Rubio, R-Fla., on Sunday blasted the Biden administration for not defining "what victory means in Ukraine" and said that a future Trump administration would end the war "with a negotiated settlement." And I think that's what [former President] Donald Trump is trying to say," Rubio said during an interview on NBC News' "Meet the Press." His remarks come after Ukrainian President Volodymyr Zelenskyy's visited the U.S. last week for meetings with Trump, President Joe Biden and Vice President Kamala Harris. Meanwhile, Trump's running mate, Ohio Sen. JD Vance, who has been a staunch opponent to aiding Ukraine, sparred with Zelenskyy last week. After the visit, the Ukrainian president took to X, posting photos of his tour and writing, "It is in places like this where you can truly feel that the democratic world can prevail.

Persons: Sen, Marco Rubio, Biden, Trump, Donald Trump, Rubio, Volodymyr Zelenskyy's, Joe Biden, Kamala Harris, Zelenskyy, Harris, Vladimir, Putin, we’re, ”, Trump's, Ohio Sen, JD Vance, Vance, “, ” Vance, Zelenskyy's Organizations: Sunday, NBC, Press, U.S, Trump, Fox News, Zelenskyy, Democratic Locations: Ukraine, Russia, Pennsylvania, United States, America, Michigan, Scranton , Pennsylvania, Ukrainian

Ishiba, a straight-talking former defense minister, will take office on Tuesday when Prime Minister Fumio Kishida and his cabinet ministers resign and Ishiba is elected his successor by members of the LDP-controlled parliament. He is also contending with a complicated security environment in the Asia-Pacific region, where the U.S. has been strengthening ties with Japan and other allies in an effort to counter China’s growing power. After no candidate received a majority in the first round of voting, Ishiba won in a runoff against economic security minister Sanae Takaichi, 63, who would have been Japan’s first female prime minister. This was Ishiba’s fifth time running for party leader. In addition to being a realist, Ishiba is also an idealist who has never been tainted by scandal, Cucek said.

Persons: Shigeru Ishiba, Fumio Kishida, Ishiba, Hiro Komae, Kishida, Kishida “, ” Ishiba, Sanae Takaichi, Takaichi, ”, Michael Cucek, Cucek, ” Cucek, “, Lin Jian, Lin, Arata Yamamoto, Jennifer Jett Organizations: Liberal Democratic Party, LDP, Liberal Democratic Party’s, Getty, Temple University, NATO, U.S, Yasukuni, Foreign Ministry Locations: TOKYO, U.S, Ishiba, Asia, Pacific, Japan, North Korea, Tokyo, AFP, United States, Japanese, Tottori, South Korea, Philippines, Australia, China, Taiwan, Beijing, East Asia, Phuket, Thailand

☆ Israeli politics swirl as Hezbollah conflict ramps up
▼ + stars: | 2024-09-27 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

“It’ll take him months on end to train for the job,” said Gadi Eisenkot, a highly respected former Israeli military chief and member of the opposition. Policy and domestic politics are impossible to separate in any democracy, but especially in Netanyahu’s Israel – and especially now. Remarkably, Netanyahu held a security consultation on Wednesday but did not invite his defense minister, an Israeli official told CNN. Hezbollah says that it’s attacking Israel in solidarity with the Palestinian people in Gaza; Israel wants to get Hezbollah to stop firing even without a Gaza ceasefire and hostage deal. With both the Philadelphi Corridor and Hezbollah, Netanyahu’s critics have questioned why, if they were so critical, he waited months to raise the stakes over those issues.

Persons: Benjamin Netanyahu, Yoav Gallant, Gideon Sa’ar, “ It’ll, ”, Gadi Eisenkot, –, Gallant, Netanyahu, Israel –, Itamar Ben, Gvir, Ben Gvir, Ben Gvir’s, Abir, ” Eyal Hulata, “, ’, ” Gallant, Baz Ratner, it’s, ” Gilad Malach, Netanyahu’s, ” Malach, Damocles, Sa’ar, Bezalel Smotrich, Ammar Awad, Reuters Eisenkot, I’m, Gallant –, Malach, Michael Shemesh, Kan, ” Shemesh Organizations: Israel CNN, CNN, Reuters, Foundation for Defense of Democracies, IDF, Israel Defense Forces, Israel Democracy Institute, National Security, Finance, General Staff Locations: Tel Aviv, Israel, Lebanon, Gaza, United States, Abir Sultan, ” Lebanon, Egypt, Israeli, New York

☆ Maggie Smith, Oscar-winning actor known from Harry Potter and 'Downton Abbey,' has died at age 89
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +5 min

Actress Dame Maggie Smith arrives at the Royal Film Performance and World Premiere of the film, "The Second Best Exotic Marigold Hotel", at Leicester Square, London February 17, 2015. Smith's sons, Chris Larkin and Toby Stephens, said in a statement that Smith died early Friday in a London hospital. You have to get up very, very early in the morning to outwit Maggie Smith." "Jean Brodie," in which she played a dangerously charismatic Edinburgh schoolteacher, brought her the Academy Award for best actress, and the British Academy Film Award (BAFTA) as well in 1969. English actress Maggie Smith, UK, 8th March 1974.

Persons: Dame Maggie Smith, Peter Nicholls, Maggie Smith, Miss Jean Brodie, dowager Countess of Grantham, Minerva McGonagall, Harry Potter, Smith's, Chris Larkin, Toby Stephens, Smith, Clair Dobbs, Vanessa Redgrave, Judi Dench, Smith drily, McGonagall, Richard Eyre, I've, Jean Brodie, Oscar, Judith Hearne, Mussolini, Tony, " Smith, Richard Burton, Peter Hall, Frank Rich, Coward, Wilde, Noel Coward's, It's, Margaret Natalie Smith, one's, Maggie, Margaret Smith, Laurence Olivier, Joyce Redman, Emilia, Desdemona, Stuart Burge's, Shakespeare's Organizations: Leicester Square, British Academy Film Award, Vaudeville Theatre, Getty, Golden Globes, Globe, New York Times, Oxford Playhouse School, National Theatre, Shepperton Studios, Moviepix Locations: Leicester, London, Downton, British, Edinburgh, Hay, Ilford, Oxford, Surrey

☆ Russia's economy is signaling a fate worse than recession
▼ + stars: | 2024-09-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Russia's central bank says inflation is rising while the nation's economy cools. These are the key ingredients for stagflation, a scenario that's harder to combat than a recession. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs Russia's GDP and inflation figures move in the wrong direction, the worst-case scenario for any economy looms large over Moscow.

Persons: — Organizations: Service, Bloomberg, Business Locations: Moscow

☆ ‘Education of hatred’: Killing of Japanese boy sparks soul searching in China over rising nationalism
▼ + stars: | 2024-09-25 | by ( Cnn Staff | ) edition.cnn.com time to read: +9 min

It was the second knife attack on Japanese children and third assault on foreigners in China in recent months. “As a Chinese, I feel heartbroken, outraged and ashamed,” said a Shenzhen resident who laid a white rose outside the Japanese school following the boy’s death last Thursday. The killing has shaken the Japanese community in China, with some of Japan’s biggest companies offering to repatriate staff members and their families. Generations of Chinese grew up learning about the atrocities committed by Japanese soldiers in school textbooks and on state television. “There is no so-called Japan-hating education in China,” Foreign Ministry spokesperson Lin Jian said Monday.

Persons: ”, …, Xi Jinping, Lin Jian, “, influencers, WeChat, Kuaishou, Zhang, “ Little, ” Zhang, Yoko Kamikawa, Wang Yi, ” Kamikawa, Wang, Japan, I’m, I’ve Organizations: Hong Kong CNN, Authorities, Kyodo, East China, Japan, ” Foreign, Communist Party, CNN, Japan’s, Associated Press, Japanese Foreign Ministry, Chinese Foreign Ministry Locations: Hong Kong, China, Japan, Shenzhen, Beijing, East, United States, Tokyo, Yasukuni, China’s, Shanghai, New York, Guangzhou, ”, “

☆ U.S. keeps missile system in Philippines as China tensions rise, tests wartime deployment
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +3 min

The Typhon system, which can be equipped with cruise missiles capable of striking Chinese targets, was brought in for joint exercises earlier this year, both countries said at the time, but has remained there. China and Russia have condemned the first deployment of the system to the Indo-Pacific, accusing Washington of fueling an arms race. The deployment, some details of which have not been previously reported, comes as China and U.S. defense treaty ally the Philippines clash over parts of the hotly contested South China Sea. Philippine officials said Filipino and U.S. forces continued to train with the missile system, which is on the northern island of Luzon, facing the South China Sea and is close to the Taiwan Strait. A Philippine army spokesman, Colonel Louie Dema-ala, on Wednesday said training was ongoing and it was up to Philippine authorities and the United States Army Pacific to decide how long the missile system would stay.

Persons: Ezra Acayan, Lin Jian, Louie Dema, USARPAC, Ferdinand Marcos Jr Organizations: High Mobility Artillery, Getty, United States Army Pacific, Reuters, Philippine Locations: Philippines, Laur, Nueva Ecija, States, U.S, Asia, Taipei, China, Russia, Washington, Luzon, Taiwan Strait, Philippine

☆ A defense startup says it can fix America's ammo problem with China using a new low-cost cruise missile
▼ + stars: | 2024-09-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. "This is not designed to go specifically and rigidly at one specific problem," Anduril's chief strategy officer, Chris Brose, told DefenseScoop. "We have designed Barracuda to be able to range across a series of targets — from ground-based targets to maritime targets to others." Anduril did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: —, Anduril, Chris Brose, DefenseScoop, Diem Salmon, Salmon, Palmer Luckey, hyperscale, Brose Organizations: Service, Barracuda, Business, Pentagon, US Air Force, Enterprise, Oculus Locations: China, Russia, America

☆ I landed a 6-figure government job after leaving the military. It's high-stress and comes with many challenges — here's how I manage it.
▼ + stars: | 2024-09-10 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

I'm a management and senior policy analyst at the US Department of Housing and Urban Development (HUD) in Washington, DC. After transitioning from military to civilian life in 2012, I worked as a policy analyst and technical writer at Sage Management. I love my new role and would've left to pursue a fully remote role if this didn't happen at HUD. I work around these challenges by building relationships with other program offices within HUD to collaborate and get the work done. Within the HUD Veterans Affinity Group, we established the Women's Group to talk monthly with and support women veterans.

Persons: —, Ebony Grey, It's, I've, would've Organizations: Service, US Department of Housing, Urban Development, Business, Air Force, Sage Management, HUD, Affinity Group, ACT, Education, Federal, Veterans Affinity Group, Blacks, American Federal Executive Association, Young Government Locations: Washington ,, Afghanistan, Government

☆ Ukraine’s military is struggling with low morale and desertion
▼ + stars: | 2024-09-08 | by ( Ivana Kottasová | Kostya Gak | ) edition.cnn.com time to read: +13 min

Standing outside that office, chain smoking and drinking sweet coffee, he told CNN he just couldn’t handle watching his men die anymore. They see a lot of enemy drones, artillery and mortars,” one unit commander currently fighting in Pokrovsk told CNN. A group of Ukrainian soldiers rests after completing a long mission in Russia's Kursk region. Several commanders told CNN that many officers would not report desertion and unauthorized absences, hoping instead to convince troops to return voluntarily, without facing punishment. During recent leave in Kyiv, Horetskyi told CNN that while his role has existed for a while, it consisted mostly of paperwork.

Persons: Ukraine CNN — Dima, Dima, he’d, Pokrovsk, “, didn’t, can’t, Ivana Kottasova, ”, Andryi Horetskyi, Chasiv Yar, Serhiy Tsehotskiy, Horetskyi, Vitalii, Vladimir Putin, –, Volodymyr Zelensky, Ukraine’s, Oleksandr Syrskyi, …, ” Horetskyi, “ I’ve Organizations: Ukraine CNN, CNN, Motorized Infantry Brigade, Administrative Services Center, Ukraine’s, Kyiv, Dima’s Locations: Pokrovsk, Sumy, Kyiv, Ukraine, Russia, Russia's Kursk, Ukrainian, Ukraine’s Donetsk, Luhansk, Dnipro, Russian, Donetsk, Russia’s Kursk, Kursk, Moscow, Donetsk region, “

Washington CNN —Vice President Kamala Harris has met more than 150 world leaders since becoming vice president. Still, Harris has not always been the first phone call for foreign leaders or officials looking to get a line into the White House. UkraineA month after Russia invaded Ukraine, Harris was dispatched to NATO’s eastern flank on a reassurance mission – one that also came with some sensitive diplomatic smoothing-over. For a foreign policy novice with aspirations for higher office, the war in Ukraine was a rigorous introduction to wartime diplomacy. She has vowed to continue to support Ukraine and impose costs on Russia,” an aide to the vice president said.

Persons: Kamala Harris, Benjamin Netanyahu, Joe Biden, ”, Biden, Harris ’, Harris, she’s, Donald Trump, –, Dana Bash, “, Dana, haven’t, —, Israel Harris, Netanyahu, Israel –, ” Harris, Harris “, Israel ”, Xi Jinping, Phil Gordon, Rebecca Lissner, Dean Lieberman, Antony Blinken, ” Lieberman, Volodymyr Zelensky, Nancy McEldowney, ” McEldowney, don’t, Jake Sullivan, John Kerry, Emmanuel Macron, Biden –, – Harris Organizations: Washington CNN —, Israeli, Democratic, Republicans, CNN, Biden, White, Israel, White House, American, United Nations General Assembly, UN, ”, Aboard Air Force, NATO, Munich Security Conference, “, Munich Security, Ukraine, Rue Coquilliere Locations: Afghanistan, Gaza, Israel, Ukraine, United States, New York, Washington , DC, Michigan, Pennsylvania, Port, Prince, Haiti, Russia, Poland, Warsaw, Washington, Romania, Munich, France, Paris, White, Rue

☆ In Ukraine, India's Narendra Modi urges Zelenskyy to sit down for talks with Russia
▼ + stars: | 2024-08-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

India's Narendra Modi urged President Volodymyr Zelenskyy on Friday to sit down for talks with Russia to end the war and offered to act as a “friend” to help bring peace as the two leaders met in wartime Kyiv. During joint statements to reporters, Modi said he had come to Kyiv with a message of peace and called for dialogue between Russia and Ukraine the earliest opportunity. Indian Prime Minister Narendra Modi hugs Ukrainian President Volodymyr Zelenskyy in Kyiv on Friday. Both sides should sit together to find a way out of this crisis,” Modi said. Both leaders hailed the visit as “historic.”“This visit is very friendly and important for all Ukrainians,” Zelenskyy told reporters.

Persons: India's Narendra Modi, Volodymyr Zelenskyy, ”, Modi, Narendra Modi, ” Modi, “, ” Zelenskyy Organizations: AP, Moscow Locations: Russia, Kyiv, Moscow, Ukraine, India

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