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☆ Goldman sees a 'meaningful ramp-up' in solar ahead and gives the best ways to play it
▼ + stars: | 2023-03-29 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

The Inflation Reduction Act's tax credits will likely prompt surging demand for solar power in the U.S., according to Goldman Sachs. The law included a 30% credit toward the installation of solar panels or other equipment that harnesses renewable energy. Because of this, he recommends solar stocks that broadly play to supply chain diversification and onshoring trends while also having strong business fundamentals. First Solar , meanwhile, should specifically benefit from the push to expand domestic renewable energy capacity, Singer said. While the stock has surged more than 40% since 2023 began, analysts expect shares to slip 1.3% over the next year.

☆ Ukraine says Russian forces make progress in frontline city of Bakhmut
▼ + stars: | 2023-03-29 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

"Enemy forces had a degree of success in their actions aimed at storming the city of Bakhmut," the General Staff of the Ukrainian Armed Forces said in its regular nighttime report. Russian officials say their forces are still capturing ground in street-by-street fighting inside Bakhmut. [1/5] A tank is towed through a road, amid Russia's invasion of Ukraine, near the bombed-out eastern Ukrainian city of Bakhmut, in the eastern Donetsk region, Ukraine, March 29, 2023. Russian forces shelled towns in central Zaporizhzhia region, including the contested centre of Hulyaipole, the Ukrainian general staff statement said. Rocket and artillery in the past 24 hours struck two areas of concentration of Russian forces, an ammunition depot and two fuel depots, it said.

☆ Xi and Putin share a deep resentment of the US, but China's new dominance over Russia could eventually shatter the alliance
▼ + stars: | 2023-03-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Russia and China have formed closer ties to counter the power of the US. But China is the dominant one in the partnership, with Russia weakened by the Ukraine war. At last week's summit, Xi proposed a peace plan in Ukraine that critics said mainly reflected Russian demands. Russian President Vladimir Putin and China's President Xi Jinping at the Kremlin in Moscow on March 21, 2023. But despite such tensions, the Russia-China alliance will likely persist because of the deep resentment Putin and Xi share over the US' status as the world's top superpower.

☆ Czech parliament speaker, in Taiwan, says we'll always stand with you
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +2 min

[1/3] The Speaker of the Chamber of the Deputies of Czech Republic Marketa Pekarova Adamova makes a speech at the Parliament in Taipei, Taiwan March 28, 2023. REUTERS/Ann WangTAIPEI, March 28 (Reuters) - The speaker of the lower chamber of the Czech parliament told Taiwanese lawmakers on Tuesday that her country and Taiwan are bound together by freedom and democracy, pledging to always stand with the island's people. Addressing Taiwan's parliament, Marketa Pekarova Adamova said Taiwan and the Czech Republic share the same story. Although the Czech Republic does not have diplomatic relations with Taiwan, Pekarova Adamova is visiting with a delegation of some 150, mostly businesspeople. Pekarova Adamova's trip to Taiwan follows one by Senate speaker Milos Vystrcil in 2020.

☆ Taiwan welcomes large Czech delegation after Honduras shifts allegiance to China
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

The roughly 150-person Czech delegation arrived in Taipei on Saturday, led by the speaker of the lower chamber of the Czech parliament, Marketa Pekarova Adamova. "This visit of the delegation to Taiwan certainly represents that Taiwan is in a democratic alliance," she said. Pekarova Adamova, who is due to meet Taiwan President Tsai Ing-wen later on Monday, told the business forum that Taiwan was a crucial investment partner for her country. "Taiwan is not only an important economic partner but also a friendly and democratic partner and deserves our attention and support." Newly elected Czech president Petr Pavel drew a sharp rebuke from Beijing in January after taking a call from Tsai, a clear shift from his predecessor's attempts to win Chinese business.

☆ Holding Bakhmut is a 'military necessity' - Ukrainian general
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Zohra BensemraKYIV, March 27 (Reuters) - Ukraine's ground forces commander said on Monday his troops were continuing to repel heavy Russian attacks on the eastern city of Bakhmut and that defending it was a "military necessity". "The most intense phase of the battle for Bakhmut continues. The enemy suffers significant losses in human resources, weapons and military equipment but continues to conduct offensive actions," he said. Commander-in-Chief General Valery Zaluzhniy said on Saturday the situation was being "stabilised" around Bakhmut. Moscow sees capturing the city as vital to completing the capture of the Donbas industrial region in eastern Ukraine, one of its main war goals.

☆ How an elite brigade of Russian marines was repeatedly mauled in Ukraine and became an emblem of the invasion's failures
▼ + stars: | 2023-03-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

An elite brigade within Russia's military is a shadow of itself after taking huge losses in Ukraine. In many ways, the journey of the 155th reflects the larger struggles of the Russian military, which entered Ukraine expecting a quick victory but has instead suffered embarrassing setbacks. Baev said that its members are supposed to be better trained and more professional than other parts of the Russian military, which can rely on conscripts. And, as the fighting dragged and more marines died, the Russian military kept reinforcing the 155th with fresh recruits, which brought its own problems. Yet earlier this month Ukraine claimed that commanders in the brigade were refusing to fight near the city of Vuhledar.

☆ NHL roundup: Bruins lock down Atlantic Division title
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +11 min

Hathaway has scored three goals since joining the Bruins in late February, two of which have been go-ahead tallies. Linus Ullmark made 11 of his 26 saves in the third period, improving to 11-1-0 in his last 12 starts. For the Lightning, Victor Hedman scored the lone goal and Andrei Vasilevskiy was credited with 32 saves. Leon Draisaitl had a goal and an assist, and Zach Hyman and Warren Foegele also scored for Edmonton. Ottawa captain Brady Tkachuk scored his seventh goal in seven games and Mark Kastelic and defenseman Thomas Chabot also tallied.

☆ This week's best performers include Regeneron and these two solar stocks
▼ + stars: | 2023-03-24 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Solar stocks Enphase and SolarEdge were also among the best performing stocks as investors continued weighing how the Inflation Reduction Act could boost solar companies. The average price target on the stock implies upside of 49.3% over the next 12 months. The stock's average price target implies it could rally 29.5%. Around three-fifths of analysts rate the stock a buy with a price target that implies a potential 16.7% rally. Technology stocks made up the majority of the list this week as investors bet growth stocks could benefit in an environment with lower interest rates.

☆ Russian soldiers are shocked by the 'horrible reality' in Ukraine and often regret going, says YouTuber who spoke to more than 200 after they were captured
▼ + stars: | 2023-03-24 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +6 min

He told Insider that there are common themes among captives: ignorance and regret. Zolkin, a former lawyer, became a YouTube hit last March when he started posting interviews with captured Russian soldiers. He said he always asks the Russian soldiers, on camera, if they want to be interviewed beforehand. "Unfortunately, they are all in the vacuum of Russian propaganda, and nobody tells them what is actually going on," Zolkin told Insider. He said many of the Russian soldiers he interviewed have also since been brought back home.

☆ Russia presses along Ukraine front after reports of Bakhmut slowdown
▼ + stars: | 2023-03-24 | by ( Mike Collett-White | ) www.reuters.com time to read: +7 min

As winter turns to spring, the main question in Ukraine is how much longer Russia can sustain its offensive, and when or whether Ukraine can reverse the momentum with a counterassault. [1/5] Anti-aircraft unit serviceman of the 10th Mountain Assault Brigade, call sign "Chub", 34, prepares to pose for a portrait with a portable anti-aircraft missile system, amid Russia's attack on Ukraine, near Soledar north of Bakhmut, Ukraine March 23, 2023. The International Committee of the Red Cross said some 10,000 Ukrainian civilians, many elderly and with disabilities, were clinging on in horrific circumstances in Bakhmut and surrounding settlements. Russia invaded Ukraine in February 2022, saying Ukraine's ties to the West were a security threat. Since then, tens of thousands of Ukrainian civilians as well as soldiers on both sides have been killed.

☆ Ukraine wants to win China over as Russia's invasion continues. Some say it shouldn't bother trying
▼ + stars: | 2023-03-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukrainian servicemen head toward Bakhmut in a BMP infantry fighting vehicle, in eastern Ukraine on March 22, 2023. The Kremlin said Wednesday that Ukraine's "peace formula" had not been discussed by Xi and Putin. Russian President Vladimir Putin and China's President Xi Jinping leave after a reception following their talks at the Kremlin in Moscow on March 21, 2023. "I'm not confident that China's plans, and 12-point peace plan, is good for Ukraine — I think that this is a very bad deal for Ukraine, and that this is a plan for Russia. The proposed peace plan and latest talks between Xi and Putin offer little tangible substance on how a lasting peace could actually be achieved in Ukraine.

☆ NHL roundup: Alex Ovechkin hits 40 goals for record 13th time
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Brad Mills-USA TODAY SportsMarch 22 - On a night he was honored for passing one NHL legend, Washington's Alex Ovechkin made history by eclipsing another. Before the game, Ovechkin was honored in a 20-minute on-ice ceremony for passing Gordie Howe for second place on the all-time NHL goals list on Dec. 23. On Tuesday, Ovechkin scored his 40th goal of the season, passing Wayne Gretzky for the most 40-goal seasons in NHL history with his 13th. Barrett Hayton scored the lone goal for Arizona (27-33-11, 65 points), which saw its four-game winning streak come to an end. Alex Chiasson and Filip Zadina scored regulation goals for the Red Wings, who earned just their third victory in their last 13 games.

☆ China's Xi appeared more relaxed than Putin in first Moscow meeting, experts say
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023. Sputnik/Pavel Byrkin/Kremlin via REUTERSMarch 21 (Reuters) - Body language experts say Chinese President Xi Jinping came across as more relaxed and commanding than his Russian counterpart Vladimir Putin at Monday's televised first meeting of Xi's state visit to Moscow. "If you juxtapose it with Xi, Xi is the composed statesman," she said. Putin, 70, is in fact a few months older than Xi, and has been in power more than twice as long. Leong said Xi had offered a sign that he too had been feeling some pressure, blinking unusually frequently during the sit-down.

☆ Photos from Putin's big meeting with China's Xi show no absurdly long tables but feature unexpectedly giant flags
▼ + stars: | 2023-03-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

On Tuesday, he was photographed with China's President Xi next to weirdly tall flags. But for Chinese President Xi Jinping, Moscow broke out long red carpets and massive flags. Russian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in Moscow on March 21, 2023. Photo by PAVEL BYRKIN/SPUTNIK/AFP via Getty ImagesRussian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in Moscow on March 21, 2023. Russian President Vladimir Putin met with leaders of the countries of the CTSO Monday at a new long table, but this one is round.

☆ Ukraine says eastern town of Avdiivka could become 'second Bakhmut'
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

KYIV, March 20 (Reuters) - Ukraine said on Monday the eastern town of Avdiivka could soon become a "second Bakhmut", a small city where its forces have held out against Russian invaders for eight months but risk being fully encircled. The battle for Bakhmut in the industrial Donbas has been one of the fiercest of the nearly 13-month-old war in Ukraine, drawing comparisons with World War One trench warfare. I very much agree with my colleagues from the UK that Avdiivka may soon become the second Bakhmut," spokesman Oleksiy Dmytrashkivskyi said. Ukraine has said Russian forces are taking heavy losses in their offensive in eastern Ukraine. Avdiivka lies just to the north of the Russian-held city of Donetsk, of which Ukraine lost control in 2014.

☆ Ukraine war: Russia tightens ties with China as West offers $16 bln lifeline to Kyiv
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +5 min

A joint statement included familiar accusations against the West - that the United States was undermining global stability and NATO barging into the Asia-Pacific region. Putin praised Xi for a peace plan for Ukraine that he proposed last month and blamed Kyiv and the West for rejecting it. But Xi, who was due to depart Moscow on Wednesday, barely mentioned the conflict, saying that China had an "impartial position" on it. The money would help shore up Ukraine, which has suffered extensive damage to its infrastructure and economy during Russia's year-long invasion. [1/16] Russian President Vladimir Putin and Chinese President Xi Jinping leave after a reception in honor of the Chinese leader's visit to Moscow, at the Kremlin in Moscow, Russia March 21, 2023.

☆ Raymond James says this sold-off solar stock could be due for a comeback
▼ + stars: | 2023-03-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Beat-down Enphase is worth buying as its European business becomes a larger tailwind, according to Raymond James. Analyst Pavel Molchanov upgraded the solar stock to outperform from market perform. He set a price target of $225, implying the stock could rally 22.5% from where it closed Friday. By comparison, he said many clean technology stocks have price-to-earnings multiple that fall somewhere between 20x and 30x. Europe made up 19% on Enphase's sales, up from 14% in 2021, and is expected to surpass 25% this year.

☆ NHL roundup: Streaking Rangers blow by Predators
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +6 min

They have scored 15 unanswered goals in their last three games, the longest streak in the NHL this season. Goalie Jaroslav Halak stopped all 22 shots he faced one night after Igor Shesterkin recorded the shutout with 33 saves. Kirill Marchenko and Liam Foudy scored goals and Patrik Laine had two assists for Columbus, which suffered its seventh loss in eight games. Daniil Tarasov made 24 saves on 29 shots before being pulled with 3:03 left in the second period. Hofer made 33 saves in his second game filling in for Jordan Binnington, who completed his two-game NHL suspension Sunday.

☆ Ruling party likely to sweep Kazakh parliamentary election
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +2 min

While Tokayev has reshuffled the government, the lower house of parliament - elected when Nazarbayev still had sweeping powers and led the ruling Nur Otan party - was not due for election until 2026, and the president called a snap vote. Unlike Nazarbayev, Tokayev has chosen not to lead the ruling party - now rebranded Amanat - but polls show it is likely to retain a comfortable majority and form the core of his support base in the legislature, especially in the absence of strong opposition parties on the ballot. The completion of political transition is also likely to strengthen Tokayev's hand in foreign policy. Despite receiving Moscow's backing during the 2022 unrest, he has refused to support Russia's invasion of Ukraine or recognise its annexation of some Ukrainian territories. Reporting by Olzhas Auyezov; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ Poland says it will send MiG fighter jets to Ukraine 'in the next few days'
▼ + stars: | 2023-03-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Poland will be the first NATO member to supply about a dozen fighter jets to Ukraine. This makes Poland the first NATO member to supply fighter jets to Ukraine. This plea for fighter jets has been a longstanding request from Ukrainian President Volodymyr Zelenskyy. But Poland's decision to supply military jets to Ukraine may not push other allies to do the same. A White House representative said President Joe Biden has not changed his mind on not giving Ukraine fighter jets.

☆ Ukraine says allies' concerns hamper talks on war compensation
▼ + stars: | 2023-03-16 | by ( Pavel Polityuk | ) www.reuters.com time to read: +3 min

Ukraine says receiving compensation from Russia is vital for its future. If it doesn't do it voluntarily, (let's) fill a (compensation) fund with Russian money, foreign exchange reserves, Russian assets," Mudra told Reuters in an interview this week. She did not identify the countries that had expressed such concerns but said Ukraine was trying to allay their fears. Despite the obstacles ahead, Mudra said Ukraine hoped that an international mechanism for compensating Ukraine would be established within a year. "This is the first - and an extremely important - step in the creation of this compensation mechanism," Mudra said.

☆ Russia says it will try to retrieve remains of U.S. drone
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] Russia's Security Council Secretary Nikolai Patrushev attends a meeting of the collegium of the Prosecutor General's office in Moscow, Russia, March 15, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERSMarch 15 (Reuters) - Russia said on Wednesday it would try to retrieve the remains of a U.S. military surveillance drone that fell into the Black Sea after an incident involving Russian fighter planes, accusing Washington of "directly participating" in the war in Ukraine. Russia denied being responsible for the crash and said relations with the United States had reached their "lowest point". Kremlin Security Council Secretary Nikolai Patrushev told the Rossiya-1 TV channel: "I don't know whether we will be able to retrieve it or not, but that it has to be done. "Secondly, regarding the drone - the Americans keep saying they're not taking part in military operations.

☆ Drone crash shows Putin ready to expand conflict zone - Ukrainian official
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] Oleksiy Danilov, Secretary of Ukraine's National Security and Defence Council, speaks with Reuters during an interview, as Russia's attack on Ukraine continues, in Kyiv, Ukraine July 8, 2022. REUTERS/Valentyn Ogirenko/File PhotoKYIV, March 15 (Reuters) - An incident involving a U.S. spy drone and a Russian fighter jet is a signal that Russian President Vladimir Putin is ready to expand the Ukraine-Russia conflict zone, a senior Ukrainian security official said on Wednesday. The U.S. military said on Tuesday a Russian fighter plane had clipped the propeller of a spy drone and made it crash into the Black Sea. Moscow denied the aircraft had collided and said the drone had crashed after "sharp manoeuvres". The Ukrainian presidency and government did not immediately offer any official comment on the incident but Oleksiy Danilov, Secretary of Ukraine's National Security and Defence Council, voiced concern on Twitter.

☆ North of Bakhmut, another key battle tests Ukraine's defences
▼ + stars: | 2023-03-15 | by ( Mike Collett-White | ) www.reuters.com time to read: +9 min

At the bottom of the attempted encirclement appears to be Soledar, meaning an area far larger than Bakhmut would be vulnerable. "The enemy would need a lot of forces to take this line (Sloviansk-Kramatorsk-Kostiantynivka) and therefore I think it is unlikely, given the losses the Russian troops are already suffering," he added. Russia has made only incremental gains around Bakhmut, which it has been trying to capture for eight months, and further north. He said he took part in both wars in the 1990s between Russian troops and separatists after the breakup of the Soviet Union. For now, artillery appears to hold the key to defending positions and pinning down the enemy for both sides.

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