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☆ Russia Vows ‘Military Response’ to U.S. Missile Deployments in Germany
▼ + stars: | 2024-07-11 | by ( Ivan Nechepurenko | Paul Sonne | ) www.nytimes.com time to read: +1 min

Russia is preparing military countermeasures in response to the planned American deployment of longer-range missiles in Germany, the Russian deputy foreign minister said on Thursday, adding that the U.S. move was “destructive to regional safety and strategic stability.”“Without nerves, without emotions, we will develop a military response, first of all, to this new game,” the deputy minister, Sergei A. Ryabkov, told Interfax, a Russian news agency. In a separate comment published by the Russian Foreign Ministry, Mr. Ryabkov said that Moscow had anticipated the decision and that Russia had started preparing “compensating countermeasures” in advance. In a joint statement, the United States and Germany said Washington would begin “episodic deployments” of the missiles in Germany in 2026, including those that are “significantly longer range” than the ones currently deployed throughout Europe.

Persons: ”, Sergei A, Ryabkov Organizations: Russian Foreign Ministry Locations: Russia, Germany, U.S, Russian, Moscow, United States, Washington, Europe

☆ What US sub-hunter planes can learn watching advanced Russian submarines like the one that showed up near Florida
▼ + stars: | 2024-07-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Read previewRussian submarines have surfaced on the doorsteps of the US and other NATO allies in recent weeks. AdvertisementA Russian submarine photographed by a P3 Maritime Patrol Aircraft while sailing in the Baltic Sea. NATO Maritime CommandA few weeks later, a Portuguese P-3 Orion anti-submarine warfare and maritime surveillance aircraft captured photos of a Russian submarine operating in the Baltic Sea. The photographs showed the Russian sub surfacing in the water and were shared by NATO on X. The Russian nuclear-powered submarine Kazan, part of the Russian naval detachment visiting Cuba, leaves Havana Harbour.

Persons: —, Gorshkov, Bryan Clark, Greg L, Davis, Tom Shugart, YAMIL LAGE, Clark, Russia wasn't Organizations: Service, NATO, Business, Maritime Patrol Aircraft, NATO Maritime Command, US Navy, Hudson Institute, US, Bureau, Air, Squadron, Submarine, Center, New, New American Security, Caliber, YAMIL, Getty Locations: Kazan, Russian, Cuba, Havana, Baltic, Portuguese, Russia, New American, Havana Harbour, AFP, Portugal, Novorossiysk, Dmitrov

☆ NATO allies are chasing new long-range weapons to fill a critical missile gap as the US plans deep-strike deployments
▼ + stars: | 2024-07-11 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewSeveral NATO allies have agreed to a plan to develop new long-range missiles that are intended to fill capability gaps that have become increasingly noticeable as Russia wages its war in Ukraine. The new initiative among these NATO allies is focused on developing ground-launched cruise missiles with ranges is excess of 500 kilometers. In both cases, the shift toward improving long-range capabilities on European soil further signals NATO's understanding of critical gaps in its arsenal highlighted by the Ukraine war. Responding to US plans to deploy deep-strike capabilities in Germany, among other NATO actions, Kremlin spokesperson Dmitry Peskov said: "This is a very serious threat to the national security of our country." "All of this," he said, "will require us to take thoughtful, coordinated, effective responses to deter NATO, to counteract NATO."

Persons: —, Sebastien Lecornu, Lecornu, Zachary Anderson, 🇫🇷🇩🇪 🇮🇹🇵🇱 pou, ike o ptions, sian, ike, ona Organizations: Service, NATO, Business, French, US Navy, Reuters, kr, rit Locations: Russia, Ukraine, Germany, France, Poland, Italy, Europe, guerre, à Washington

☆ 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

☆ Russia's brutal missile strike on a Ukrainian children's hospital just before the big NATO summit appears to be backfiring
▼ + stars: | 2024-07-10 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +10 min

AdvertisementEmergency officials and civilians conduct search and rescue operations among the rubble of Okhmatdyt Children's Hospital on Monday. The deadly Russian missile attack saw child cancer patients evacuated and moved with medical tubes still in their bodies. Women hold patients at Ohmatdyt Children's Hospital that was damaged during Russian missile strikes in Kyiv, Ukraine on Monday. He said that "when you hit not just a hospital or a children's hospital —and not just a children's hospital, but a children's hospital in which there are children were being treated for cancer — it doesn't get much worse than that in terms of brutality." A UN investigation found the children's hospital likely took a direct hit from a Russian missile, likely a Kh-101.

Persons: —, Kyiv's, Joe Biden, Biden, Gleb Garanich, Rajan Menon, Columbia University's, Russia's, Menon, Mykhailo Podolyak, Beata Zawrzel, Keir Starmer, Aleksandr Gusev, Getty Images Biden, Zelensky, Vladimir Putin, Antony Blinken, Dmytro Kuleba, Blinken, ORI AVIRAM, Volodymyr Zelenskyy, Jake Epstein Organizations: Service, NATO, Ukraine, Business, Kyiv Regional Military Administration, Getty, NATO's, Ohmatdyt, Russian, Monday, REUTERS, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, NATO Summit, UN, Children's Clinic, Getty Images, Ukrainian Foreign, MOD, Moscow Locations: Ukraine, Kyiv, Okhmatdyt, Anadolu, Washington ,, Russia, Russian, Ukrainian

☆ CNBC Daily Open: Fed's Powell says high rates could hurt growth
▼ + stars: | 2024-07-10 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

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

☆ UN says ‘high likelihood’ a Russian cruise missile hit Ukraine’s main children’s hospital
▼ + stars: | 2024-07-10 | by ( Helen Regan | Hira Humayun | ) edition.cnn.com time to read: +5 min

The UN’s monitoring mission said it was likely that a KH-101 cruise missile launched by Russia struck the children’s hospital. The UN mission’s assessment matches analysis from weapons experts who told CNN that footage of the hospital strike is consistent with a cruise missile rather than a Ukrainian air defense missile. Always.”On Tuesday, Russia’s UN Ambassador Vassily Nebenzia reiterated Moscow’s denial that it had targeted the children’s hospital. “We have not bombed the children’s hospital,” Nebenzia said at a special meeting of the UN Security Council (UNSC) convened following the attack. “If this had been a Russian strike, there would have been nothing left of the building at all.

Persons: CNN —, Danielle Bell, Bell, ” Bell, General Antonio Guterres, Volker Turk, Joe Biden, Biden, Valentyna, Volodymyr Zelensky, ”, Vassily Nebenzia, ” Nebenzia, Linda Thomas, Greenfield, Putin, SBU, Vasyl Maliuk Organizations: CNN, United, NATO, UN, UN Security Council, UNSC, Kyiv, Ukrainian State Security Service Locations: Russian, United Nations, Russia, Kyiv, Ukrainian, Ukraine, Kyiv’s, Washington, United States

☆ The West's attempts at isolating Russia just took another big blow
▼ + stars: | 2024-07-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewIndian Prime Minister Narendra Modi made Russia the destination of his first bilateral visit after securing a historic third term in office. On Monday, the US State Department said it has raised concerns with New Delhi about India's relationship with Russia. AdvertisementModi's advances toward Putin come less than two months after the usually reserved Chinese leader Xi Jinping hugged Putin not once, but twice — dealing another blow to the West's isolation of Russia. India imported about $60 billion of goods a year from Russia in the last fiscal year. "Due to Russia's close ties with China, India can turn to Russia to help defuse crises when bilateral geopolitical tensions flare up between India and China," he added.

Persons: —, Narendra Modi, Vladimir Putin, Volodymyr Zelenskyy, Putin, Xi Jinping, Xi, Modi, Rajiv Biswas, who's, Biswas, Vinay Kwatra Organizations: Service, NATO, Washington DC, Business, US State Department Locations: Russia, Ukrainian, Washington, Moscow, New Delhi, India, China

☆ Russia said it prevented a Ukrainian attempt to hijack a missile-carrying strategic bomber
▼ + stars: | 2024-07-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Russia's FSB said it thwarted a Ukrainian attempt to hijack a missile-carrying strategic bomber. It also claimed NATO special services were involved in the failed operation. AdvertisementRussia's Federal Security Service said it thwarted a Ukrainian attempt to hijack a missile-carrying strategic bomber. "The FSB has stopped another Ukrainian special services attempt to carry out an operation to hijack the Tu-22M3 long-range strategic bomber," it said in a statement on Monday, per a translation by The Moscow Times. According to the FSB, Ukrainian intelligence promised an unnamed Russian military pilot money and Italian citizenship in exchange for him taking off and landing the plane in Ukraine.

Persons: — Organizations: NATO, Service, Security Service, Moscow Times, Business Locations: Ukraine, Russian

☆ Video: CNN on scene of Ukrainian children’s hospital struck by missile
▼ + stars: | 2024-07-09 | by ( Frederik Pleitgen | ) edition.cnn.com time to read: 1 min

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☆ South Korea: Flying aboard the AC-130J Ghostrider, carrying America’s biggest gun in the sky
▼ + stars: | 2024-07-09 | by ( Brad Lendon | Mike Valerio | ) edition.cnn.com time to read: +8 min

AC-130 gunners Joe Gipson (back) and Isaac Dowell tend the 105mm cannon aboard a US Air Force AC-130J during a live-fire exercise over South Korea. A 105mm howitzer is seen at the rear of a US Air Force AC-130J at Osan Air Base, South Korea, in early June 2024. ‘Spooky’ historyUS Air Force gunships trace their lineage back to the Vietnam War, when the service set up 7.62 mm guns to fire out one side of a C-47 transport aircraft. With the AC-130J model, introduced in 2017, the Air Force removed the machine guns in favor of the more precision-guided munitions. The AC-130’s crew acknowledges the dangers of ground fire to their aircraft, and some analysts question its usefulness in any potential conflict with North Korea.

Persons: Ghostrider, Joe Gipson, Isaac Dowell, Brad Lendon, John Ikenberry, Kim Jong Un, ” Ikenberry, Heath Curtis, Mike Valerio, Curtis, ”, Justin Burris, Peter Layton, Layton, Maj, Christopher Mesnard, CNN’s Yoonjung Seo, Gawon Bae Organizations: Korean Peninsula CNN, US Air Force AC, CNN, Air Force Special Operations Command, US Air Force, Osan Air Base, South, Air Force, National Museum of, Operation, US, Griffith Asia Institute, Royal Australian Air Force, Operations Command Locations: Hurlburt Field, Florida, South Korea, Seoul, North Korea, Washington, Korea, Maj, New Mexico, United States, Vietnam, Asia, Grenada, Panama, Somalia, Iraq, Afghanistan, Kunduz, Iraqi, Persian, Khafji, Saudi Arabia, Korean, Australia, Operations Command Korea

☆ Modi’s Moscow Visit Showcases a Less Isolated Putin, Angering Ukraine
▼ + stars: | 2024-07-09 | by ( Paul Sonne | Anupreeta Das | ) www.nytimes.com time to read: +1 min

Prime Minister Narendra Modi of India strolled alongside President Vladimir V. Putin of Russia under the trees at the Russian leader’s suburban residence as the sun set. He rode a golf cart along the paths, sipped tea during an hourslong chat and petted a horse on a visit to Mr. Putin’s stables, breathing in the calm of an estate that once belonged to the Romanov dynasty. The scene, on Monday evening, opened the Indian leader’s two-day trip to Russia and illustrated a sobering reality: Despite the West’s intended isolation of Russia over its 2022 invasion of Ukraine, other nations have pursued their own interests with regard to Moscow, helping Mr. Putin shore up Russia’s economy and wage its war. While Mr. Modi was hugging the Russian leader, rescue workers in Kyiv were searching for survivors under the rubble of Ukraine’s largest pediatric hospital in the wake of a Russian missile attack. Mr. Putin has held two meetings with China’s leader, Xi Jinping, in two months, along with meeting the leaders of Vietnam, Hungary, Belarus and the nations of Central Asia, keeping a robust diplomatic schedule.

Persons: Narendra Modi, Vladimir V, Putin, Romanov, Modi, Volodymyr Zelensky, Xi Jinping Locations: India, Russia, Russian, Ukraine, Moscow, Kyiv, Vietnam, Hungary, Belarus, Central Asia

☆ The US Navy ousted the commanding officer of USS Hershel Williams two months after the tanker-like sea base ran aground in Africa
▼ + stars: | 2024-07-09 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +5 min

Read previewThe Navy has relieved the commanding officer of the expeditionary mobile base ship USS Hershel "Woody" Williams two months after the vessel briefly ran aground outside the African country of Gabon, a Navy statement announced Monday. Michael Concannon will assume the duties of interim commanding officer aboard the Williams. Lenard Mitchell, then-commanding officer of USS Hershel "Woody" Williams, delivers remarks during a ceremony in the hangar bay. Geoffry Patterson, then an incoming commanding officer of USS Georgia, salutes Capt. Patrick Clark, outgoing commanding officer during a change of command ceremony in Souda Bay, Crete.

Persons: —, Hershel, Woody, Williams, Capt, Lenard Mitchell, Adm, Thomas Ishee, Petty, Shawn J, Stewart, Howard, Cmdr, Kenji Igawa, Taylor —, Military.com, Mitchell, Michael Concannon, Conner, Blake, Geoffry Patterson —, Geoffry Patterson, Patrick Clark, Richard Zaszewski, wasn't, Kurt Balagna Organizations: Service, Navy, US, Fleet, Business, Port Royal, US Navy, Naval Surface Forces, Navy Special Warfare, USS, Washington Locations: Gabon, Libreville, Honolulu, Bali, Africa, Georgia, Souda Bay, Crete, USS Ohio

☆ Israeli police say two people killed in Golan Heights attack
▼ + stars: | 2024-07-09 | by ( Tamar Michaelis | ) edition.cnn.com time to read: +1 min

Jerusalem CNN —At least two people have been killed after dozens of projectiles were fired from Lebanon at the Israeli-controlled Golan Heights on Tuesday evening, according to Israeli authorities. A woman and man were “killed on the spot” when a projectile directly hit their vehicle, according to Israeli police. “Several projectiles were identified falling in the area,” the Israel Defense Forces (IDF) added in a statement following sirens in the Golan Heights. “We saw a vehicle that suffered a direct hit, and in its front were an unconscious man and woman who were critically injured. Military personnel assisted on the scene.”Firefighters said they were responding to at least eight fires following the projectile hits.

Persons: Magen David Adom, “, ” Firefighters Organizations: Jerusalem CNN, Israel Defense Forces, Military Locations: Jerusalem, Lebanon, Golan, Israel, Iran, Gaza

☆ Biden announces new NATO aid for Ukraine, as his reelection campaign teeters
▼ + stars: | 2024-07-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

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

☆ Russian Court Orders Arrest of Yulia Navalnaya, Navalny’s Widow
▼ + stars: | 2024-07-09 | by ( Neil Macfarquhar | More About Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

A Russian court on Tuesday ordered the arrest in absentia of Yulia B. Navalnaya, the widow of Aleksei A. Navalny, who was a key figure in the country’s political opposition, accusing her of “participating in an extremist community.”The court order against Ms. Navalnaya, who left Russia in 2021, comes five months after her husband died under murky circumstances in a harsh Russian penal colony. He was imprisoned after being convicted of various trumped-up charges when he returned to Russia after a near-fatal attempt to poison him in August 2020. Ms. Navalnaya has repeatedly accused President Vladimir V. Putin of Russia of murdering her husband and has vowed to continue his opposition work. The statement from the Basmanny District Court’s press office announcing the arrest order did not spell out the reason for the charges, but it appeared to be linked to her role in helping to run the Navalny opposition organization. Although she avoided any overt political role while her husband was alive, Ms. Navalnaya has long led the advisory board of his Anti-Corruption Foundation.

Persons: Yulia B, Aleksei A, Navalnaya, Vladimir V, Putin, Mr Organizations: Kremlin, Corruption Locations: Russia, Ukraine, Russian, Kyiv, Basmanny

☆ Russia looks to have changed tactics in the missile strikes that wrecked a children's hospital, leaving Ukraine's air defenders with almost no time to respond
▼ + stars: | 2024-07-09 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

Read previewRussia seems to have changed tactics in a Monday missile strike that struck targets across Ukraine, including a children's hospital, to "maximize damage," war analysts said. Rescuers are working at Ohmatdyt Children's Hospital that is strongly damaged during a Russian missile strike in Kyiv, Ukraine, on July 08, 2024. He said that out of the 44 Russian missiles launched, Ukraine was able to shoot down 33. Rescuers are continuing to work at the Okhmatdyt children's hospital. AdvertisementRussia's missiles struck targets in several cities, including the Okhmatdyt Children's Hospital in Kyiv, on Monday, killing at least 39 people, per the latest figures.

Persons: —, Yuriy Ihnat, Ihnat, Maxym, ISW Organizations: Service, Monday missile, Ukrainian Air Force, Facebook, Business, Ohmatdyt, Ukraine, Russian Ministry of Defense Locations: Russia, Ukraine, Russian, Kyiv, Washington, Ukrainian

☆ How airpower experts think Ukraine could pull off bursts of air superiority to get F-16s into the fight and score breakthroughs
▼ + stars: | 2024-07-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

An Air Force F-22 Raptor flies alongside two Polish F-16s in formation during the NATO Air Shielding media day at Lask Air Base, Poland. Air Force Staff Sgt. The air force could support these operations using HARM missiles. This sets up Ukraine's air force to gain air superiority over specific areas, allowing their pilots to strike Russian units, logistics, and transportation networks and deny movements of reinforcements. An F-16 aircraft is pictured after the first delivery of Norway's old F-16 fighter aircraft to Romania at Rygge Air Force Base, Norway.

Persons: —, David Deptula, Christopher Bowie, nonresident, Danielle Sukhlall, Volodymyr Zelensky, Alexander De Croo, Ludivine Dedonder, Didier Lebrun, Photonews, Bowie, SAMs, That's, it's Organizations: Service, Business, US Air Force, Mitchell Institute, Center for Strategic, An Air Force, NATO Air, Lask, Base, Air Force Staff, Defence, Ukrainian Air Force, Getty, Russia's, Rygge Air Force Base, OLE BERG, NATO, Fighting Falcons Locations: Ukraine, Poland, Russia, Avdiivka, Ukrainian, Zaporizhzhia, Russian, Romania, Norway, AFP

☆ Putin hosts India’s PM to deepen ties, but Ukraine looms over their relationship
▼ + stars: | 2024-07-09 | by ( ) www.cnbc.com time to read: +6 min

Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.

Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East

Daryna Vertetska was sitting with her 8-year-old daughter in Ukraine’s largest children’s hospital on Monday morning when Russian missiles began to ring out in the sky. Her daughter, Kira, was receiving treatment for her cancer as the explosions boomed across the capital, Kyiv. “We decided not to interrupt it,” Ms. Vertetska said of the treatment. As Kira continued her treatment, a missile slammed directly into the Okhmatdyt Children’s Hospital, triggering an explosion so loud it defied description, she said. “She was very frightened,” said Ms. Vertetska, 33.

Persons: Daryna Vertetska, Kira, “, Ms, Vertetska, ” Organizations: Russian Locations: Ukraine’s, Kyiv

☆ More Ukrainians May Die in Attacks on Medical Sites in 2024, W.H.O. Data Suggest
▼ + stars: | 2024-07-08 | by ( Eve Sampson | ) www.nytimes.com time to read: +1 min

A Russian missile strike on Ukraine’s largest children’s hospital on Monday highlighted the growing number of deadly attacks on medical facilities, vehicles and workers in the country this year. It adds to data from the World Health Organization and suggests that more Ukrainians may be on track to be killed in such attacks this year than last year. The organization also recorded 44 attacks on medical vehicles in that period. In all of 2023, the organization tallied 22 deaths and 117 injuries from 350 such attacks, and 45 more specifically on medical vehicles like ambulances. In all, the bombardment killed at least 38 people, including 27 in Kyiv, Ukraine’s capital, local officials said.

Organizations: Russian, World Health Organization Locations: Kyiv, Ukraine, Ukraine’s

☆ The Yen Is Plunging. So Is Japan’s Defense Budget.
▼ + stars: | 2024-07-08 | by ( River Akira Davis | Hisako Ueno | ) www.nytimes.com time to read: +1 min

The yen’s collapse this year to a nearly four-decade low is undermining Japan’s plans for its largest military buildup in postwar history. The government has slashed orders for aircraft, and officials warn that further cuts may be imminent. The government’s purchasing power has been drastically eroded by the yen’s diminishing value. “What we are achieving in terms of actual defense capabilities and our original target — the two are not lined up,” Satoshi Morimoto, a former Japanese defense minister, said in an interview. The value of the defense budget over five years “has effectively been reduced by 30 percent,” Mr. Morimoto said.

Persons: ” Satoshi Morimoto, “, Mr, Morimoto Organizations: Japan Locations: Tokyo, North Korea, China, Taiwan

☆ Videos show what hit a Ukrainian children's hospital, and Russia is 'gaslighting,' war and weapons experts say
▼ + stars: | 2024-07-08 | by ( Ella Sherman | ) www.businessinsider.com time to read: +1 min

A missile struck a children's hospital. Ukraine says it was a Russian strike, but Moscow denies it. War experts dispute Russian claims it was a Ukrainian surface-to-air missile, arguing it was a Russian cruise missile. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Security Service of Ukraine identified the missile that struck the medical facility as a Russian Kh-101 air-launched cruise missile.

Persons: — Organizations: Service, Russian Ministry, Security Service, Business Locations: Ukraine, Russian, Moscow, Ukrainian, Kyiv

☆ Ukrainian children's hospital hit in daytime Russian missile attack
▼ + stars: | 2024-07-08 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

Emergency forces and civilians conduct search-and-rescue operations among the rubble of 'Okhmatdyt' Children's Hospital in Kyiv, Ukraine, on July 8, 2024. A barrage of Russian missiles killed more than 20 people across Ukraine and seriously damaged a key children's hospital in a rare large-scale daytime attack. The Ukrainian capital's Okhmatdyt Children's Hospital undertook "considerable destruction," with patients being transferred to other medical facilities in Kyiv. "Okhmatdyt Children's Hospital in Kyiv. The ministry said its forces had answered Kyiv's hostilities with a mass attack on Ukrainian military facilities and air bases with long-range precision weapons.

Persons: Volodymyr Zelenskyy's, Vitaliy Klitschko, Klitschko, Kryvy, Oleksandr Vilkul, Okhmatdyt, Zelenskyy Organizations: Children's, CNBC, Ukrainian, Russia's Ministry of Defense, Russia's Ministry of Foreign Affairs Locations: Kyiv, Ukraine, Russian, Dnipro, Sloviansk, Ukrainian, Kryvy Rih, Pokrovsk, Donetsk, Europe, Russia

☆ Video shows a Ukrainian children’s hospital struck by missile
▼ + stars: | 2024-07-08 | by ( Josephine Hitchings | ) edition.cnn.com time to read: 1 min

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