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In the early weeks of the war in Ukraine, with the invading Russian Army bearing down on Kyiv, the Ukrainian government needed weapons, and quickly. On the other end of the line was Serhiy Pashinsky, a chain-smoking former lawmaker who had overseen military spending for years. He had spent much of that under investigation on suspicion of corruption or denying accusations of self-dealing. Now, he was living in virtual political exile at his country estate, sidelined by President Volodymyr Zelensky and his promise to root out corruption. “Go out on the streets and ask whether Pashinsky is a criminal,” Mr. Zelensky said on national television in 2019.
Persons: Serhiy Pashinsky, Volodymyr Zelensky, , Pashinsky, Mr, Zelensky Organizations: Russian Army, of Defense Locations: Ukraine, Kyiv
Zelenskiy said that any sacked army recruitment officers who are not being investigated should head to the front to fight for Ukraine "if they want to keep their epaulettes and prove their dignity". Ukraine has increasingly faced recruitment challenges as the war, now in an brutally attritional phase, nears the 18-month mark. Last month, the head of the Odesa region's recruitment centre was ordered into pre-trial detention on suspicion of illegal enrichment. Despite recent moves against graft, Ukraine still ranks 116th out of 180 countries in Transparency International's latest Corruption Perceptions Index. A Transparency-commissioned opinion poll in June found that 77% of Ukrainians believe corruption is among Ukraine's most serious problems.
Persons: Zelenskiy, Volodymyr Zelenskiy, Friday's, Valery Zaluzhny, Dan Peleschuk, Tom Balmforth, Philippa Fletcher Organizations: European Union, Thomson Locations: Western, Russia, Ukraine, Odesa, Spain
Ukraine to fire all regional military recruitment chiefs
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +1 min
KYIV, Aug 11 (Reuters) - Ukrainian President Volodymyr Zelenskiy announced the dismissal of the heads of all the country's regional military recruitment centres on Friday amid concerns about corruption. Zelenskiy said a review of Ukraine's recruiting centres revealed signs of professional abuse ranging from illegal enrichment to transporting draft-eligible men across the border despite a wartime ban. Kyiv has made cracking down on graft a key priority as it fends off Russia's full-scale invasion and seeks membership of the European Union. Ukraine has faced recruitment challenges as the war with Russia nears the 18-month mark and the military is occasionally hit by scandals revealing graft or heavy-handed recruitment tactics. Reporting by Dan Peleschuk; editing by Tom BalmforthOur Standards: The Thomson Reuters Trust Principles.
Persons: Volodymyr Zelenskiy, Zelenskiy, Valery Zaluzhny, Dan Peleschuk, Tom Balmforth Organizations: European Union, Thomson Locations: Ukraine, Russia
The Russian currency fell nearly 25 percent since the beginning of the year. “The ruble exchange rate is only an indicator,” said Alexandra Prokopenko, a nonresident scholar at the Carnegie Russia Eurasia Center and a former Russian central bank official. The ruble plummeted to as low as 135 per dollar and the central bank took a series of dramatic measures, including capital controls, to stave off a full-blown meltdown. The most immediate concern for Russian financial policymakers is the possibility of significant inflation. The country’s central bank reacted to that risk late last month with a higher-than-expected rise in interest rates, to 8.5 percent.
Persons: , Alexandra Prokopenko, Vladimir V, Putin, Yevgeny V Organizations: Bank of Russia, Carnegie Russia Eurasia Center Locations: Moscow, Russia, Russian, Ukraine, Soviet Union
Pressure gauges, pipes and valves are pictured at an "Dashava" underground gas storage facility near Striy, Ukraine May 28, 2015. The bloc is expected to reach a target of filling its storage facilities to 90% full by Nov. 1. "EP Commodities transports natural gas to Ukraine and uses Ukrainian gas storage facilities," Miroslav Hasko, chairman at EPH's EP Commodities, said. EU countries' gas storage facilities were 87% full on Aug. 7, according to transparency platform GIE. "We consider gas storage in Ukraine as one of the interesting business opportunities that we are currently considering," SPP told Reuters.
Persons: Gleb Garanich, Miroslav Hasko, Naftotgaz, Martin Pich, Bruegel, Jan Lopatka, Marek Strzelelcki, Pavel Polityuk, Barbara Lewis Organizations: REUTERS, European Union, Traders, Gas, Reuters, Commodities, Naftogaz, Thomson Locations: Striy, Ukraine, PRAGUE, WARSAW, Czech, Slovakia, Russia, Hungary, Poland, Kyiv
In June, the amount of cash in circulation in Russia hit a record $187 billion, per its central bank. Russians are hoarding cold, hard cash amid economic uncertainty, an economist told Novaya Gazeta. Compensation to families of dead fighters and increased demand in Russian-occupied Ukrainian regions also add to the cash in circulation. In June, the amount of cash in circulation in Russia hit a record 17.9 trillion rubles, or $187 billion, data from the Russian central bank shows. To tame inflation, the Russian central bank its central bank raised interest rates by one percentage point on July 21 — double the 0.5 percentage point analysts polled by Reuters had expected.
Persons: Igor Lipsits, there's, Alexey Zabotkin, Wagner, Nikolay Korzhenevsky Organizations: Novaya Gazeta, Service, HSE University, RBC, Wagner Group, Bloomberg, Reuters Locations: Russia, Wall, Silicon, Russian, Ukraine, , Kazakhstan, Russia's
Lavrov “appreciates and welcomes the constructive role played by China” toward a political resolution of the “Ukraine crisis,” China’s Foreign Ministry said in their readout of Monday’s call. China has continued to bolster its economic, diplomatic, and security ties with Russia, despite Putin’s invasion of Ukraine, which Beijing has never condemned. It did not send a delegation to previous international talks in Denmark in June, despite attempting to position itself as a potential peace broker on the conflict in recent months. That proposal, which Beijing put forward earlier this year, calls for peace talks to end the conflict. Ukraine and Russia remain publicly committed to prerequisites for direct negotiations that the other side finds unacceptable.
Persons: Hong Kong CNN —, Wang Yi, Wang, Sergei Lavrov, , ” Wang, Lavrov “, Dmytro Kuleba, Xi Jinping, Vladimir Putin, Xi, Putin, China’s, Affairs Li Hui, , , Lavrov, Russia “, ” “, Qin Gang Organizations: Hong Kong CNN, Russian, China’s Foreign Ministry, Saudi, Ukraine’s, , Affairs, Reuters, CNN, Tass, Communist Locations: Hong Kong, Beijing, Ukraine, Kyiv, Moscow, China, Russia, Saudi Arabia, United States, Britain, Germany, India, Jeddah, ” Ukraine, American, Denmark, Europe, Washington
This means airlines flying between Europe and southern Africa have to detour around the volatile nation. Carriers like British Airways and Air France are impacted, the latter adding up to two hours of flight time. Airlines like Virgin Atlantic Airways, Lufthansa, and Swiss International Airlines are also avoiding Niger. With the closure of Niger's airspace, airlines are now grappling with an even wider section of no-fly territory in north-central Africa. This map shows the African territories that European airlines cannot fly over.
Persons: , FlightRadar24, they're Organizations: Carriers, British Airways, Air, Morning, Bloomberg, juntas, BCC, KLM, Cape Town, Airlines, Virgin Atlantic Airways, Lufthansa, Swiss International Airlines, Japan Airlines, Finnair Locations: Europe, Africa, Air France, South Africa, Ghana, Niger, Johannesburg, London, Mali, Burkina Faso, Burkina Faso's, Ouagadougou, Cape, Entebbe, Uganda, Accra, Lagos, Nigeria, Russia, Helsinki, Tokyo, Germany, France, Libya, Sudan
Seiichi Morimura, who wrote a searing exposé of the Japanese Army’s secret biological warfare program in occupied China, describing how it forcibly infected thousands of prisoners with deadly pathogens, died on July 24 in Tokyo. The announcement of his death by his publisher, Kadokawa, was cited in Japanese media. Mr. Morimura detailed the atrocities committed by the Japanese program — called Unit 731 — in a widely sold book, “Akuma no Hoshoku,” or “The Devil’s Gluttony” (1981). Under the Japanese occupation, before and during World War II, at least 3,000 prisoners — men, women and children — became guinea pigs at a facility euphemistically named the 731st Epidemic Prevention and Water Supply Headquarters, on the Manchurian plain near Harbin. Most of the victims were Chinese, but some were Korean, Russian and Mongolian.
Persons: Seiichi Morimura, Morimura, , vivisections, Organizations: Kadokawa, , 731st, Water Supply Locations: China, Tokyo, Harbin
Ukraine said it launched a deadly HIMARS attack on five Russian units gathered on a beach. Russia seriously misjudged its soldiers' proximity to Ukrainian HIMARS, two experts told Insider. Ukraine on Tuesday said it launched a HIMARS attack on five Russian units gathered on a beach resulting in 200 casualties and destroyed equipment. A Ukrainian official in June confirmed reports from a Russian military blogger that Russian soldiers were hit by Ukrainian HIMARS while standing still for two hours for a commander's speech, rendering them sitting ducks. "At a basic tactical level, we can see the Russian military is learning from its mistakes," Miles said.
Persons: Simon Miles, Miles, Mark Cancian, Cancian Organizations: Service, The Institute, Resistance Center, Ukrainian Army, Facebook, Duke University's Sanford School of Public, Soviet Union, US Marine Corps, Center for Strategic, Studies, Artillery Rocket Systems, Ukrainian National Resistance Center, Russian, Resistance Locations: Ukraine, Russia, Ukrainian, Wall, Silicon, Russian, Kherson, Soviet, Moscow
An expert on Russia said the government is likely trying to avoid another large-scale mobilization. Last week, Putin signed into law legislation that raises the maximum age for male conscription from 27 to 30 years old. One year of military service was previously required by Russian men ages 18 to 27 with conscriptions held twice a year. "But it's not "over there" when 200,000 people get roped into military service to go and fight this stupid and futile war," he added. The new conscription law is just one of several steps Russia has recently taken to address personnel shortages.
Persons: Vladimir Putin, Putin, conscriptions, Simon Miles, they've, that's, Miles Organizations: Service, Duke University's Sanford School of Public, Soviet Union, dodgers, New York Times, Institute for Locations: Russia, Ukraine, Wall, Silicon, Russian, Soviet, Crimea
The DOJ announced Thursday that 2 US Navy sailors were arrested this week. The DOJ accused Navy service member Wenhen Zhao, 26, of giving military info to China for $14,866. The two sailors were charged with similar crimes, but they were charged in separate cases, and it wasn't clear Thursday if the two were connected or if they were courted or paid by the same Chinese intelligence officer. The Justice Department charged Wei under a rarely used Espionage Act statute that makes it a crime to gather or deliver information to aid a foreign government. Zhao, the second officer charged, is accused of sharing information, including operational plans for a U.S. military exercise in the Indo-Pacific Region.
Persons: Jinchao Wei, Wenhen Zhao, Wei, Zhao, ____ Baldor, Eric Tucker Organizations: DOJ, US, Service, DIEGO, US Navy, Naval, The Justice Department, Justice Department, Helicopter, Ospreys, Prosecutors, Associated Press Locations: USS Essex, China, Wall, Silicon, San Diego, Essex, Pacific, Washington
Raiffeisen Bank spent $220 million more in staff costs for the Russian market in the first half of 2023. The Austrian bank is the largest Western bank still operating in Russia. And though the increase in headcount is minuscule, the bank's staff cost doubled during the reporting period, the Financial Times reported Tuesday. Raiffeisen Bank — the largest Western bank still operating in Russia, per Reuters — is still profitable in the country. Profits after tax at Raiffeisen's Russian business rose 9% on-year to 685 million euros in the first six months of the year.
Persons: It's, Raiffeisen, Reuters —, Johann Strobl, Strobl Organizations: Raiffeisen Bank, Service, Staff, Austria's Raiffeisen Bank, Financial Times, Raiffeisen, Reuters, New York Times Locations: Austrian, Russia, Wall, Silicon, Russian, Vienna, Ukraine
A Ukrainian charity is helping to outfit the country's pregnant female soldiers. Pregnant soldiers continue to serve in non-combat roles until they're 7 months pregnant, the founders said. There are now more than 60,000 women in Ukraine's army, including at least 5,000 in combat units, members of Ukraine's Parliament have said. Pregnant women enlisted in Ukraine's army continue to serve up to seven months into their pregnancy, the couple said, necessitating uniforms that fit like "a second skin." "Imagine if we take all the men in all the armies in the world and give them female uniforms," Kolesnyk said.
Persons: Zemliachky's, Ukraine's, , Andriy Kolesnyk, Ksenia Drahaniuk, Kolesnyk, Zemliachky, she's, Drahaniuk, Anastasia, Anastasia Zemliachky's Organizations: Service Locations: Wall, Silicon, Ukrainian, Kyiv, Ukraine
Russia's wartime economy is thriving, the New York Times reported Monday. Corporate loans have increased 19% in the year to June as investments grew, according to The Times, citing Russian central bank's figures. Russia's central bank has also been candid about its gloomy assessments of the economy — which at times were at odds with more bullish statements from the Kremlin. But, the institution has come under pressure from Moscow to give a more "upbeat assessment" about the country's economy, Bloomberg reported in February. In April last year, Russian central bank governor Elvira Nabiullina warned the country's reserves won't last infinitely.
Persons: Wagner, Alexandra Prokopenko, Elvira Nabiullina, Ariel Chernyy, Chernyy Organizations: New York Times, Service, Putin, Times, Reuters, Wagner Group, The, Frank Media, Carnegie Russia Eurasia Center, Bloomberg Locations: Russia, Wall, Silicon, Ukraine, Russia's, Russian, Moscow
In the wake of the war in Ukraine, the port at Wilhelmshaven has emerged as a critical hub for German efforts to break the country’s dependence on Russian energy. It is there, on the North Sea coast, that officials would like to build a giant new terminal to import liquefied natural gas from other sources. There is just one problem that has slowed the plans: the construction site is littered with bombs from previous wars. Residents are frequently evacuated — sometimes by the thousands — when unexploded munitions are discovered at construction sites and need to be defused. As Germany tries to shore up its energy independence, unexploded wartime munitions have set back the construction of new wind farms and natural gas terminals alike.
Locations: Ukraine, Wilhelmshaven, Germany
After Russia invaded Ukraine, Anna Gromova, a Russian entrepreneur, made a snap decision to open a real estate agency, hoping to create a safety net from the economic fallout of the conflict. Within weeks, she landed a deal for a stately 18th-century apartment, with parquet floors and high ceilings in the prestigious center of Russia’s former imperial capital of St. Petersburg. Since the war, the owner had stopped coming to Russia, allowing her client to buy it for roughly 40 percent below its current value. Amid the constant shocks, people are looking for “a window of opportunity” to secure their income, she added. Her business has been underpinned by a state-led spending boom that has propped up the national economy despite the swiftest and most far-reaching campaign of sanctions imposed by Western nations in modern history.
Persons: Anna Gromova, , Gromova Locations: Russia, Ukraine, Russian, St . Petersburg, Western
The strange, improbable rise of Mark Zuckerberg 3.0
  + stars: | 2023-07-30 | by ( Kali Hays | ) www.businessinsider.com   time to read: +27 min
In early July, Mark Zuckerberg unveiled the latest and perhaps most consequential product in Meta's history: a new model of Mark Zuckerberg. Silicon Valley Zuck was a husband and father with a legacy to build and protect at all costs. Silicon Valley Zuck was suddenly faced with something he'd never dealt with before, shrinking revenue. Still clinging to his persona as Silicon Valley Zuck, Zuckerberg engaged in an all-out media blitz to hawk his vision for the metaverse. They were the sort of people Harvard Zuck would have scoffed at and Silicon Valley Zuck would have gently ignored.
Persons: Mark Zuckerberg, Elon Musk, Joe Rogan, Zuckerberg, Clark Kent, TikTok, Sheryl Sandberg, Mike Schroepfer, Wall, McKinsey Zuck, Rogan, Meta, Harvard Zuck, , Priscilla Chan, Ray's, pullover, Harvard Zuck —, Dianna, Mick, McDougall, Paul Sakuma, Zuckerberg's, Apple, Facebook, he'd, That's, Frances Haugen, Chris Cox, Zuck, Zach Gibson, Meta's, Sandberg, Marne Levine, who'd, Javier Olivan, he's, bode, Bain, Maher Saba, Lori Goler, He's, He'd, Katie Harbath, it's, Andrew Bosworth, Bosworth, Mark Zuckerberg McKinsey Zuck, Mark Shmulik, Bernstein, Augustus, Julius Caesar, Kali Hays Organizations: Meta, Menlo, Harvard, Apple, McKinsey, Business, Facebook, Cambridge, Capitol, Labs, Menlo Park, Q, Bain & Company, Reality Labs, Wall, Mark Zuckerberg McKinsey, Phillips Exeter Academy, Tech, Twitter Locations: California, Hawaii, United States, Davos, Silicon, contrition, Meta, verbiage, Harvard, Rome
Two soldiers on the frontline of battle in Ukraine paused their military duties to get married. After a short honeymoon, the pair will return to fight in Donetsk, as they dream of growing old together. The pair's modest wedding was planned and donated to them by a Ukrainian charity that typically provides supplies for female soldiers such as combat uniforms and boots. "We will live," The Times reported Merezhko said after the ceremony. Dluzhynska's hope for the future was even simpler than her new husband's: "The main thing is to survive," she said.
Persons: Merezhko, Yuliia Dluzhynska, Dluzhynska, Khrystyna, Lyuta Organizations: Service, New York Times, Zemliachky, Times Locations: Ukraine, Donetsk, Wall, Silicon, Ukrainian, Russian
“We wanted to leave the house, but then the flames were behind the door,” a resident told Live Sicilia television. Things could hardly be worse for Italy and its Mediterranean neighbors this month. Wildfires and successive heat waves transformed their summer paradises into ghoulish hellscapes. And if it was not the heat, it was hail — the size of billiards in northern Italy — as the country ricocheted between weather extremes. But the many tourists who had come looking for a summer holiday found an inferno, and there was more than a hint of buyer’s remorse.
Persons: Organizations: Live Sicilia, Italy — Locations: Palermo, Italy, Greece
In recent weeks, Ms. Meloni spearheaded a European Union deal with Tunisia, whose authoritarian regime promotes the great replacement conspiracy theory, to curb migration in exchange for financial support. The new director general, Giampaolo Rossi, is a pro-Meloni hard-liner who previously distinguished himself as an organizer of an annual Brothers of Italy festival. Burying the antifascist legacy of the wartime Resistance matters deeply to the Brothers of Italy, a party rooted in its fascist forefathers’ great defeat in 1945. No matter its novelty, Ms. Meloni’s administration has every chance of imposing enduring changes in the political order. Instead, in galvanizing the political right behind a resentful identity politics, it risks becoming something else entirely: Europe’s future.
Persons: Ms, Meloni’s, , — Ms, Meloni, Giampaolo Rossi, , It’s, Éric, Democrats ’ Organizations: Union, Amnesty, RAI, , Brothers, Conservatives, Democrats Locations: Italy, Tunisia, Libya, of Italy, Britain, Germany
The Federal Reserve has made three big mistakes since inflation took off in 2021, according to UBS. "Today's rate hike will probably have to be reversed in a relatively short space of time," UBS said. Today's additional rate hike from the Fed gets to the root of what has went wrong. These are the three big mistakes made by the Fed over the past two years, and how it will impact the economy, according to UBS. "A sensible recognition of the declining quality of economic data would have stopped the blind hike, hike, hike strategy."
Persons: Paul Donovan, Donovan, Jerome Powell, Powell Organizations: Federal, UBS, UBS Global Wealth Management's, Fed Locations: Ukraine
Emergency service personnel clear a destroyed building near the Odesa Port after a Russian attack on Thursday, July 20. Late last week, Russian cruise missiles blasted the port and an overlooking bluff where the imposing Chinese consulate is located. The city in southern Ukraine is a key cultural center, and has long links with Russia. The attacks also coincide with Russia pulling out of the Black Sea grain deal that was keeping Ukrainian grain flowing to the world. Consider that East Africa, where the World Food Program says millions of people are experiencing unprecedented levels of food insecurity, is hugely dependent on Ukrainian grain.
Persons: Michael Bociurkiw, Odesa, Odesa CNN — It’s, Michael Bociurkiw Chrystia, It’s, I’m, Moscow, Odesa’s, Catherine II, “ I’ve, ” Oleksandra Kovalchuk, we’ve, , Oleksandr Gimanov, Laura Ballman, , , I’d, I’ve, Andrii Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Odesa CNN, National Fine Arts Museum, Getty, , Opera, Rockets, NATO, Patriot, Twitter, Food, UNESCO, Patriots Locations: Odesa, Europe, Canadian, Turkish, Iraqi, Ukraine’s Donetsk, Papua New Guinea, Ukraine, Miami, York, Ukrainian, Mariupol, Russian, That’s, Beijing, Lika, Soviet, AFP, of, New York City, Paris, , Kyiv, Russia, Western Europe, Romania, East Africa
Chicago wheat futures , a benchmark of global prices, have risen around 20% since Russia ended the deal on July 17. It's absolutely an important national security issue for a lot of these African countries," he said. Putin says Russia is expecting a record harvest this year and is ready to fill the gap for African countries by supplying grain both commercially and for free. Dizolele said, noting that Russia backed African countries at the U.N., had defence and security agreements with some of them and gave scholarships to their students. But Putin's response, when Ramaphosa and other African leaders presented the proposal to him last month, was to repeat a familiar list of accusations against Ukraine and the West.
Persons: Anton Vaganov, Putin, Wagner, Vladimir Putin, Mvemba Dizolele, Samuel Ramani, RUSI, Dizolele, WAGNER, Cyril Ramaphosa, Ramani, Mark Trevelyan, Joe Bavier, Carien du, Tom Balmforth, Michelle Nichols, Philippa Fletcher Organizations: Saint, REUTERS, Putin, Kremlin, U.S, Africa, Washington -, Strategic, International Studies, International Criminal Court, Treasury, Central African, Ukraine, South, United Nations, Thomson Locations: Russia, Africa, Saint Isaac's, central Saint Petersburg, Black, Russian, St Petersburg, Ukraine, Chicago, Washington, Turkey, Qatar, Moscow, United States, Kenya, Somalia, Central African Republic, Mali, Burkina Faso, Ghana, West, London, Johannesburg, Carien du Plessis
The civilian toll is rising in Odesa, the Ukrainian port city that has been under relentless attack by Russian forces in the past week after the Kremlin pulled out of an agreement that allowed for the export of Ukrainian grain through the Black Sea. One person died and 19 others, including 4 children, were injured in Russian missile strikes on Odesa overnight Sunday, according to Ukrainian officials. At least six residential buildings and an Orthodox cathedral were damaged in the attack. “There can be no excuse for Russian evil,” President Volodymyr Zelensky of Ukraine said about the attacks in a Telegram posting on Sunday. He added: “There will definitely be a retaliation.”With its busy port, Odesa has long been a crucial economic link for Ukraine to the rest of the global economy.
Persons: Volodymyr Zelensky Organizations: Kremlin Locations: Odesa, Ukrainian, Russian, Ukraine, Russia
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