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☆ Biden disputes Zelenskyy's claim that the missile that hit Poland was not Ukrainian: 'That's not the evidence'
▼ + stars: | 2022-11-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Biden contradicted Zelenskyy's claim that the missile that hit Poland was not Ukrainian. Poland and NATO also say the missile was likely a Ukrainian defense missile that accidentally hit Poland. Russia bears ultimate responsibility as it continues its illegal war against Ukraine," NATO General Secretary Jens Stoltenberg said on Wednesday. REUTERSZelenskyy and other Ukrainian officials immediately blamed Russia after the missile fell, dismissing suggestions that the missile was Ukrainian. Ukraine's defense ministry was also restrained when commenting to CNBC on Wednesday.

Polish President Andrzej Duda said on Wednesday that access to the site of the explosion would require the agreement of both countries leading the investigation, Poland and the United States. "The Ukrainians asked for access to the site of the investigation. You see shots over Ukraine, fighting over Ukraine, and at some point, in a very short time, you see a certain sequence of events," he added. Police officers walk near the site of an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, November 16, 2022. Przewodow is less than 10 kilometres away from one of the two power lines linking Poland and Ukraine.

☆ Ukraine refuses to accept it was behind Poland missile strike, despite NATO forgiveness
▼ + stars: | 2022-11-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Ukraine's President Volodymyr Zelenskyy said he had "no doubt" that his country was not to blame for a missile strike that hit a Polish village, killing two people, despite NATO's initial assessment that the blast took place as Ukraine was trying to defend itself against Russia. Zelenskyy said on Ukrainian TV Wednesday that his top military commanders had assured him that "it was not our missile and not our missile strike" that was the cause of Tuesday's incident, which provoked an international furor and fears that a wider conflict between NATO and Russia could erupt. "I have no doubt in [Tuesday's] report to me personally — from the Commander of the Air Force to Commander-in-Chief [Valery] Zaluzhny — that it was not our missile and not our missile strike," Zelenskyy said. If someone says that this is our rocket, should we be in a joint investigative group? Suspicions as to who was behind the attack fell on Russia, particularly given a huge barrage of missile strikes that its forces had inflicted on cities across Ukraine during Tuesday.

☆ Asian stocks shaken by blast in Poland, dollar gains
▼ + stars: | 2022-11-16 | by ( Xie Yu | ) www.reuters.com time to read: +2 min

HONG KONG, Nov 16 (Reuters) - Asian stocks dropped and the dollar gained on Wednesday after blasts in Poland that Ukraine and Polish authorities said were caused by Russian-made missiles. The potential for a further ratcheting up of geopolitical tensions saw MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) lose 0.6%. Australian shares (.AXJO) fell 0.5%, while Japan's Nikkei stock index (.N225) dropped 0.76%. NATO member Poland said on Wednesday that a Russian-made rocket killed two people in eastern Poland near Ukraine, and it summoned Russia's ambassador to Warsaw for an explanation after Moscow denied it was responsible. read moreThe dollar rose against major peers, led by a 0.3% advance versus the yen .

☆ Oil prices ease as China COVID concerns outweigh supply woes
▼ + stars: | 2022-11-16 | by ( Isabel Kua | ) www.reuters.com time to read: +3 min

Oil prices settled higher on Tuesday after oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline was temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. “From all accounts, China is persisting with its zero-COVID policy, which is a natural dampener for oil market sentiment,” said Vandana Hari, founder of Vanda Insights in Singapore. That has dampened the oil demand growth outlook, with the International Energy Agency (IEA) forecasting demand growth to slow to 1.6 million bpd in 2023 from 2.1 million bpd this year. Earlier, the Organization of the Petroleum Exporting Countries (OPEC) cut its forecast for 2022 global oil demand growth for a fifth time since April citing mounting economic challenges. Industry data showing a bigger-than-expected drop in U.S. crude stockpiles provided some support to oil prices.

☆ Oil prices slip as China COVID worries, firmer dollar outweigh supply concerns
▼ + stars: | 2022-11-16 | by ( Isabel Kua | ) www.reuters.com time to read: +3 min

Oil prices settled higher on Tuesday after oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline was temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. U.S. President Joe Biden’s comments that the missile was probably not fired from Russia also helped to ease immediate escalation worries, Innes said. That has dampened the oil demand growth outlook, with the International Energy Agency (IEA) forecasting demand growth to slow to 1.6 million bpd in 2023 from 2.1 million bpd this year. Earlier, the Organization of the Petroleum Exporting Countries (OPEC) cut its forecast for 2022 global oil demand growth for a fifth time since April citing mounting economic challenges. Industry data showing a bigger-than-expected drop in U.S. crude stockpiles provided some support to oil prices.

☆ Oil prices steady as China COVID worries outweigh supply concerns
▼ + stars: | 2022-11-16 | by ( Isabel Kua | ) www.reuters.com time to read: +2 min

SINGAPORE (Reuters) - Oil prices were little changed on Wednesday as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world’s top crude importer, and outweighing concerns about an escalation of geopolitical tensions and tighter oil supply. Oil prices settled higher on Tuesday after oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline was temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. That has dampened oil demand growth outlook with the International Energy Agency (IEA) forecast demand growth slowing to 1.6 million bpd in 2023 from 2.1 million bpd this year. Earlier, the Organization of the Petroleum Exporting Countries (OPEC) cut its forecast for 2022 global oil demand growth for a fifth time since April citing mounting economic challenges. Industry data showing a bigger-than-expected drop in U.S. crude stockpiles provided some support to oil prices.

☆ NATO chief says Poland blast likely caused by Ukrainian missile — but not Ukraine's fault
▼ + stars: | 2022-11-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Members of the police searching the fields near the village of Przewodow in Poland on November 16, 2022. Preliminary analysis, as previously reported, suggests that the incident was caused by a Ukrainian air defense missile fired to intercept a Russian missile. The comments come after the alliance's North Atlantic Council held an emergency meeting following a missile strike that hit Poland on Tuesday night, killing two civilians. Those assessments came after Biden said Tuesday that it was "unlikely" the missile was fired from Russia, citing the trajectory of the rocket. President Andrzej Duda of Poland said Wednesday that there was no indication that this was an intentional attack on Poland.

☆ Ukraine's over-the-top response to a fatal missile explosion in Poland could hurt its credibility at a crucial moment in the war
▼ + stars: | 2022-11-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Ukraine rushed to claim the incident was a deliberate Russian attack, while the US and others urged caution. On Tuesday, Zelenskky called the strike in Poland a Russian "attack on collective security." And in a Wednesday morning speech, he called the incident a Russian "missile attack" and said separately that Polish citizens were killed because of "Russian missile terror." "Ukrainian forces, countering a massive Russian attack, launched their missiles yesterday to shoot down Russian missiles. Kyiv's forces have executed successful counteroffensives in the northeast and south, and they recently captured Kherson — an early Russian war win which had been under Russian occupation for most of the war.

☆ West criticizes Russia at U.N. for Ukraine war after missile crash in Poland
▼ + stars: | 2022-11-16 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 16 (Reuters) - The United States and its allies on Wednesday criticized Russia in the United Nations Security Council over missile attacks on Ukraine in a meeting a day after a missile that NATO said was a stray fired by Ukraine's air defenses crashed inside Poland. Military alliance NATO and member Poland said the missile was probably a stray fired by Ukraine's air defenses and not a Russian strike, easing international fears that the war could widen. Ukrainian President Volodymyr Zelenskiy demurred, saying there was no doubt the missile was not Ukrainian. Two people were killed by the missile in a Polish village near the Ukraine-Poland border on Tuesday, the same day Russia fired scores of missiles at cities across Ukraine, targeting its energy grid and worsening power blackouts for millions. The British and Polish ambassadors to the U.N. echoed the statement that Russia's invasion was ultimately to blame for the explosion in Poland.

☆ Poland says missile strike near Ukraine border was likely an accident caused by misfiring Ukrainian air defense
▼ + stars: | 2022-11-16 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

On Tuesday missiles struck Poland, a NATO member, prompting reports blaming Russia. Poland's president said Wednesday the missile appeared to have been from Ukraine's air defense. But Poland and Ukraine are allies, meaning the reaction will likely be different if the missile came from Ukraine. Police officers walk near the site of an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, November 16, 2022. Ukraine blamed Russia on Tuesday, but a an advisor to Ukraine's defense ministry was more restrained when talking to CNBC on Wednesday.

☆ Biden said Ukraine air defence missile responsible for Poland blast - NATO source
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 16 (Reuters) - U.S. President Joe Biden told G7 and NATO partners that a missile blast in eastern Poland was caused by a Ukrainian air defence missile, a NATO source told Reuters on Wednesday. The blast, which killed two people, raised global alarm that the Ukraine conflict could spill into neighbouring countries. Russia denied its missiles struck Poland. Biden told reporters in Indonesia on Wednesday that the missile was unlikely to have been fired from Russia. Reporting by Andreas Rinke, writing by Kirsti Knolle, editing by Paul CarrelOur Standards: The Thomson Reuters Trust Principles.

Polish President Andrzej Duda said later that, "it was most likely a Russian-made missile," but that the incident was still under investigation. Associated Press first reported that a senior U.S. intelligence official said Russian missiles crossed into Poland, killing two people. loadingBut later, AP published a different story saying that initial findings suggested that the missile that hit Poland was fired by Ukrainian forces at an incoming Russian missile. "Russian missiles hit Poland, the territory of our friendly country. This is a Russian missile attack on collective security!

Leaders from the Group of Seven nations as well as Spain and the Netherlands, who are all on the Indonesian island of Bali for the G20 summit, held an emergency meeting in response to the missile strike in Poland. The G20 leaders' meeting on Wednesday will be important to raise their awareness of the war in Ukraine, French President Emmanuel Macron's office said on Tuesday after reports of the blasts in Poland. G20 leaders were due to visit a site in Bali to plant mangroves on Wednesday morning, although the schedule of the meeting hosted by Indonesia has not always run to plan. As at other recent international forums, the United States and its allies were seeking a statement from the G20 summit against Moscow's military actions. A 16-page draft declaration seen by Reuters, which diplomats said was yet to be adopted by leaders, acknowledged the rift over the Ukraine war.

[1/4] Police officers walk near the site of an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, November 16, 2022. If this is an a mistake of the Ukrainians, there should be no major consequences, but I'm not an expert here." After a sleepless night, Byra decided to keep her school, situated some 300 metres from the blast site, open on Wednesday. "I told the parents I see no grounds to close the school but kids haven't shown up. "Since the start of the war we keep analysing the danger, it has quieted down recently, but here we are today," she said.

☆ Germany's Scholz: Poland missile blast must be fully investigated
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 16 (Reuters) - German Chancellor Olaf Scholz said on Wednesday a missile blast in eastern Poland near the Ukrainian border, in which two people were killed, should be fully investigated before conclusions are drawn. In his closing statement following the Group of 20 (G20) summit in Bali, Scholz said it was a positive sign that the United States had offered to assist Poland with the probe. Ukraine has blamed the blast on Russia, while U.S. President Joe Biden said the missile was probably not fired from Russia. Wrangling over the Ukraine war dominated the world leaders two-day meeting on the Indonesian island, as Western countries pushed for a condemnation while Russia decried the summit's "politicization". The final declaration said "most members strongly condemned the war in Ukraine", while acknowledging "other views and different assessments of the situation and sanctions".

☆ Ukraine alleges 'Russian trace' in Poland blast
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

KYIV, Nov 16 (Reuters) - Ukraine has evidence of a "Russian trace" in an explosion in eastern Poland which Warsaw and NATO say was probably caused by a Ukrainian air defence missile, a senior Ukrainian defence official said on Wednesday, without giving any details. Kyiv is "completely open to a comprehensive study of the situation", he wrote on the council's official Facebook page. Danilov provided no details of what evidence he was citing when he referred to a "Russian trace" behind the incident. Duda said earlier it was "highly probable" that the missile was fired by Ukrainian air defence. Earlier on Wednesday, NATO Secretary-General Jens Stoltenberg said the blast, which killed two people, was probably caused by a Ukrainian air defence missile but that Russia was ultimately responsible because it started the war in Ukraine.

☆ Biden holding emergency meeting with global leaders on Poland blasts
▼ + stars: | 2022-11-16 | by ( Nandita Bose | ) www.reuters.com time to read: +1 min

[1/2] U.S. President Joe Biden speaks during the G20 leaders summit in Nusa Dua, Bali, Indonesia, Tuesday, Nov. 15, 2022. Dita Alangkara/Pool via REUTERSBALI, Nov 16 (Reuters) - Global leaders gathered for the G20 meeting in Bali, Indonesia, were holding an emergency meeting on Wednesday after deadly explosions in Poland that Ukraine and Polish authorities said were caused by Russian-made missiles. The meeting was convened by U.S. President Joe Biden, the White House said, after two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine. Leaders from the United States, Germany, Canada, Netherlands, Japan, Spain, Italy, France and the United Kingdom were taking part in the meeting. The leaders were briefly seen together around a conference table at the start of the meeting.

[1/4] The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. Equities were boosted by Tuesday's inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise. The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices. "The decline was triggered by reports of a Russian missile landing in Poland," said Steve Sosnick, chief strategist at Interactive Brokers. About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.

☆ Russian blue chips tank after people killed in Poland near Ukraine border
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

[1/3] Gazprom logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/IllustrationNov 15 (Reuters) - Shares of Russian blue chips including Gazprom (GAZP.MM), Rosneft (ROSN.MM), Sberbank (SBER.MM), Polyus (PLZL.MM) and Nornickel (GMKN.MM) were down by down 2-3.8% in late trade in Moscow. Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said on Tuesday. Russian defense ministry said no strikes near Ukrainian-Polish border were conducted by Russian weapons. Reporting by Reuters; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

BUDAPEST/PRAGUE, Nov 15 (Reuters) - Oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline has been temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. The Druzhba pipeline network originates in Russia and splits in Belarus into Ukraine, where it splits again, supplying several countries in Eastern and Central Europe that depend on that oil, including refineries in landlocked Hungary, Slovakia and the Czech Republic. Czech pipeline operator MERO has not observed disruptions so far in the flow of oil through the Druzhba line, a spokeswoman said on Tuesday. Polish pipeline operator PERN said late on Tuesday that oil is flowing normally via the Polish section of the line. The Druzhba pipeline network originates in Russia and extends into Eastern and Central Europe.

☆ Lithuanian president says 'every inch of NATO territory must be defended'
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

VILNIUS, Nov 15 (Reuters) - NATO member Lithuania's president said Tuesday evening that 'every inch of NATO territory' must be defended after an explosion was reported in a village in eastern Poland near the border with Ukraine. "Concerning news from Poland tonight on at least two explosions. Every inch of NATO territory must be defended!," President Gitanas Nauseda tweeted. "The cause of the explosions is not yet known, but at the same time Russian missiles attacked Ukraine," Nauseda added in a Facebook post. Reporting by Andrius Sytas in Vilnius; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Reports of possible Russian missiles hitting Polish village raise NATO alarm
▼ + stars: | 2022-11-15 | by ( Marek Strzelecki | ) www.reuters.com time to read: +3 min

The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. Russia's defence ministry denied reports that Russian missiles had hit Polish territory, describing them as "a deliberate provocation aimed at escalating the situation". Latvian Deputy Prime Minister Artis Pabriks said on Twitter that Russia "fired missiles which target not only Ukrainian civilians but also landed on NATO territory in Poland." Officials from Norway, Lithuania and Estonia - members of the NATO defence alliance - said they were trying to find out more information. "Every inch of #NATO territory must be defended!," Lithuanian President Gitanas Nauseda said on Twitter.

☆ Pentagon says can't confirm Russian missiles struck inside Poland
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Nov 15 (Reuters) - The Pentagon said on Tuesday it could not confirm reports that Russian missiles have crossed into Poland near the Ukraine border. "We are aware of the press reports alleging that two Russian missiles have struck a location inside Poland near the Ukraine border. I can tell you that we don't have any information at this time to corroborate those reports and are looking into this further," Pentagon spokesperson Brig. Firefighters in Poland said on Tuesday two people died in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine. read more Polish Radio ZET reported earlier that two stray missiles hit Przewodow on Tuesday, killing two people, without giving any more details.

☆ Russian missiles struck NATO ally Poland and killed 2 people as Putin's forces barraged Ukraine, a US defense official told the AP
▼ + stars: | 2022-11-15 | by ( Jake Epstein | Charles R. Davis | John Haltiwanger | ) www.businessinsider.com time to read: +3 min

Two people were reportedly killed after Russian missiles landed in an eastern Polish village. The missiles landed in the village of Przewodów, which is located in eastern Poland a short distance from Ukraine's western border. The US and its Western allies have warned Russia repeatedly that an attack on NATO territory would trigger a strong response. "We are aware of the press reports alleging that two Russian missiles have struck a location inside Poland near the Ukraine border. Criminal Russian regime fired missiles which target not only Ukrainian civilians but also landed on NATO territory in Poland.

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