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Polish president meets CIA Director in Warsaw, says official
  + stars: | 2022-11-16 | by ( ) www.reuters.com   time to read: 1 min
WARSAW, Nov 16 (Reuters) - Polish President Andrzej Duda met U.S. Central Intelligence Agency Director William Burns in Warsaw on Wednesday evening, the head of Poland's National Security Bureau said. "In the evening, President @AndrzejDuda talked with the head of the CIA, William Burns, who is in Warsaw after his visits to Ankara and Kyiv," Jacek Siewiera wrote on Twitter. "The conversation concerned the general security situation, the context of recent events came up." Reporting by Alan Charlish; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
[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.
Nov 16 (Reuters) - Russia said on Wednesday that an explosion in Poland on Tuesday had been caused by a Ukrainian air defence missile, and that Russian strikes in Ukraine had been no closer than 35 km (22 miles) from the Polish border. "The photos published in the evening of Nov. 15 in Poland of the wreckage found in the village of Przewodow are unequivocally identified by Russian defence industry specialists as elements of an anti-aircraft guided missile of the S-300 air defence system of the Ukrainian air force," the Russian defence ministry said in a statement. A NATO source said U.S. President Joe Biden had informed Group of Seven and NATO partners that the blast in Poland had been caused by a Ukrainian air defence missile. Russia's defence ministry also said it had not targeted Kyiv during yesterday's widespread strikes. Reuters journalists in the city reported missile strikes, including on residential buildings, and power outages across the city on Tuesday in some of the heaviest attacks in the nine-month conflict.
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.
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.
WARSAW, Nov 15 (Reuters) - Oil is flowing normally via the Polish section of the Druzhba Pipeline, pipeline operator PERN said late on Tuesday after media reported that oil supply to Hungary via the pipeline was temporarily suspended due to a fall in pressure. "I have no information about disruptions, shipments are carried out normally," Karolina Krasinska, PERN's spokeswoman, told Reuters. Reporting by Marek Strzelecki; writing by Anna Koper; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
WARSAW, Nov 15 (Reuters) - Polish prime minister has called an urgent meeting of a committee for national security and defense affairs, the government spokesman said on twitter on Tuesday. The committee, which consists of heads of defense, interior, justice and foreign affairs ministries as well as coordinator of intelligence services, is a body that prepares and coordinates decisions on national security and defense. Cabinet spokesman Piotr Muller was not immediately available for a comment. His tweet did not mention what the committee was due to discuss. read moreReporting by Marek Strzelecki Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
The United States and Western allies said they were investigating but could not confirm a report on Tuesday that the blast in the village of Przewodow resulted from stray Russian missiles. "A moment ago we decided to verify whether there are grounds to launch procedures under Article 4 of the North Atlantic Treaty," government spokesman Piotr Muller told reporters. Article 4 allows NATO members to bring any issue of concern, especially regarding security, for discussion at the North Atlantic Council. Muller also said Poland was increasing the readiness of some military units, but declined to take any question including about the cause of the incident. "It was decided a moment ago to increase the readiness of some combat military units in Poland and to increase the combat readiness of other units of uniformed services in our country," he said.
Poland to take over Polish assets of Gazprom - report
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +1 min
Companies Gazprom PAO FollowRzeczpospolita Polska FollowWARSAW, Nov 14 (Reuters) - Poland will take over the Polish assets of Russia's Gazprom (GAZP.MM) , the Rzeczpospolita daily reported on Monday. In September, Poland imposed sanctions on Gazprom and said its assets would be frozen. According to the daily newspaper the move concerns Gazprom's 48% stake in Europolgaz, the company that owns the Polish section of the Yamal pipeline. In April, Poland imposed sanctions on 50 Russian oligarchs and companies, including Gazprom, in a move to increase pressure on Moscow over its invasion of Ukraine. Simultaneously, Russia halted gas exports to Poland as Warsaw refused to pay in roubles.
Poland says to take over Gazprom's Polish assets
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +1 min
WARSAW, Nov 14 (Reuters) - Poland will take over Gazprom's (GAZP.MM) Polish assets, a minister said on Monday, adding the move concerned the Russian company's 48% stake in Europolgaz, which owns the Polish section of the Yamal gas pipeline. The compulsory administration will ensure security of the critical infrastructure used for gas transit, Polish Development Minister Waldemar Buda, said in an emailed statement. Russia at the same time halted gas exports to Poland after Warsaw refused to pay in roubles. While Europolgaz owns the 684-kilometer long Polish section of the Yamal, the pipeline is operated by Polish state-owned gas transmission company Gaz-System. After Gazprom was sanctioned, the pipeline operator did not have a partner for making key decisions on the infrastructure.
An alleged drunk driver of a tractor trailer was arrested by police Saturday in northern Indiana after he allegedly ran a red light and crashed into a school bus carrying an out-of-state high school hockey team, knocking it onto its side and leaving more than a dozen people on board with injuries. Sixteen of the 26 people on board — which included 23 students, two coaches and a bus driver — sustained injuries, authorities said. "Our community stands in support of our JV hockey team that was involved in an accident after a travel contest last night," the post read. “We send our thoughts and prayers to the Saint Ignatius College Prep’s hockey team, their coaches and their families after the team was involved in a serious bus accident last night. The Illinois bus driver consented to a blood draw, police said.
Senior U.S. officials have begun nudging Kyiv to start thinking about peace talks in the event winter stalls its momentum, following Ukraine’s recapture of Kherson in one of its most stunning triumphs of the war. The imminent onset of winter—coupled with fears of inflation spurred by mounting energy and food prices, the billions of dollars of weaponry already pumped into Ukraine, and the tens of thousands of casualties on both sides—has prompted talk in Washington of a potential inflection point in the war, now in its ninth month.
[1/2] People carry Polish flags and flares during a march to mark the 104th anniversary of Polish independence in Warsaw, Poland November 11, 2022. REUTERS/Kacper PempelWARSAW, Nov 11 (Reuters) - Thousands of people gathered in Warsaw on Friday for an annual march organised by Poland's far-right to mark Independence Day, with a handful carrying white supremacist or anti-gay banners and firing off red flares. Marchers, including families with children as well as representatives of far-right groups, waved white and red Polish flags and chanted "God, Honour, Homeland" as they walked through central Warsaw amid a heavy police presence. "Poland will be independent only if everybody's rights to life are equal and abortion is fully banned," said one marcher, Malgorzata Kurzeja, 42, an anti-abortion activist. Reporting by Agnieszka Pikulicka-Wilczewska, Editing by Angus MacSwan and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022. "We are tracking recent developments at Twitter with deep concern," an FTC spokesperson said in a statement. Since then, other executives have announced their departures, including most recently Chief Information Security Officer Lea Kissner. According to internal communications obtained by CNBC, three execs involved in information security, privacy and compliance all resigned in recent days, including Kissner. Under that order, Twitter agreed to install an enhanced privacy program and information security program with specific requirements.
Polish c.bank sees inflation of 2.1-4.9% in 2025
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: 1 min
WARSAW, Nov 9 (Reuters) - Inflation in Poland may return to the target range of 1.5-3.5% in 2025, according to the latest economic forecasts from the central bank published on Wednesday. According to the bank's forecasts, inflation will be in a range of 2.1-4.9% in 2025. Reporting by Alan Charlish, Anna Koper, Pawel Florkiewicz, Marek Strzelecki, Anna Wlodarczak-SemczukOur Standards: The Thomson Reuters Trust Principles.
In his latest series of changes to Twitter's verification system, Twitter owner Elon Musk said he has already "killed" the new "official" designation Wednesday that had started rolling out for some of the platform's biggest names earlier in the day. Some originally verified accounts would sport an "official" label, Crawford said, while any user who pays $7.99 per month for Twitter Blue, the company's subscription product, would sport a blue check mark. Musk himself has benefited from having the Twitter verification check mark. In a tweet Wednesday, Musk wrote, "Blue check will be the greatest leveler." Under Musk's direction, the new Twitter Blue check mark will instead work as a paying subscriber badge that the company nonetheless plans to call "verification."
Polish c.bank keeps rates on hold amid slowdown fears
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +1 min
All the bank's other interest rates were also left unchanged. Of 21 analysts polled by Reuters, 11 expected the main rate to rise by 25 basis points. The bank will publish a statement at 1745 GMT containing its latest economic forecasts, which Governor Adam Glapinski said would be key to Wednesday's decision on rates. On Tuesday, the Romanian central bank slowed the pace of its tightening, raising its benchmark interest rate by 50 basis points. Reporting by Alan Charlish, Anna Koper, Anna Wlodarczak-Semczuk, Pawel Florkiewicz, Marek Strzekecki Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Elon Musk has sold at least another $3.95 billion worth of shares in his electric car company Tesla after closing his $44 billion acquisition of Twitter. According to filings with the Securities and Exchange Commission published Tuesday, Musk sold 19.5 million more shares of Tesla. Musk sold almost $22 billion worth of Tesla shares in 2021, a year when the stock jumped over 50%. This year, he sold over $8 billion worth of Tesla stock in April and another roughly $7 billion worth in August. On Aug. 9, Musk told fans he was done selling Tesla shares to fund a possible Twitter acquisition.
Inflation expectations are de-anchoring from central bank targets, UniCredit CEE Chief Economist Dan Bucsa said. The situation is less clear in Poland though credit holidays to ease the burden of higher central bank interest rates are remaining heading into 2023. In western Europe, economists and financial markets largely expect price growth in the euro area to fall back to the European Central Bank's 2% target by 2024. "The upcoming general election is likely to stimulate fiscal expansion and, notably, the planned significant increase to the minimum wage from January may indeed spark a more substantial wage growth across the board." According to a Czech central bank survey, companies expect year-on-year inflation to be at 10.3% in one year and at 7.5% in three years, well above the central bank's 2% target.
The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Months after Donald Trump began building his social media platform, Truth Social, he considered jumping ship and backing a competitor, according to an insider account. Litinsky and Moss officially partnered with Trump through their company, United Atlantic Ventures, in February 2021 to build Trump Media and Technology Group, the company behind Truth Social. Months after the initiation of the Trump Media and Truth Social project, Trump met with Gettr. He was offered $5 million a year for his participation, and, according to Wilkerson's daily log, the Truth Social co-founders wondered if Trump would strike a "side deal."
Putin says West sows nonsense about history
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: 1 min
LONDON, Nov 4 (Reuters) - President Vladimir Putin on Friday said the West had hammered historical nonsense into the heads of millions of people, including about the real course of World War Two and the Soviet Union's role in the victory over Nazi Germany. Without citing evidence, Putin repeated a claim that Poland has not abandoned dreams of taking over parts of Ukraine. Poland has repeatedly denied such Russian claims, and says such statements are disinformation spread by Moscow in an attempt to sow discord between Warsaw and Kyiv. Reporting by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.
The visit — the first by a G7 leader to China in roughly three years — comes as Germany slides towards recession. A spokesperson for Hamburger Hafen und Logistik (HHLA), the company operating the port terminal, told CNN Business on Thursday that it was still negotiating the deal with Cosco. “The restrictions are suffocating economic growth and heavily impact China’s attractiveness as a destination for foreign direct investment,” he told CNN Business. The ministry did not respond to a request for comment from CNN Business. He predicted that “the large majority will stay committed to the Chinese market and is expecting to expand their business.”Companies appear to be toeing that line.
Polish bank Pekao sent to net loss by payment holidays
  + stars: | 2022-11-03 | by ( ) www.reuters.com   time to read: +1 min
WARSAW, Nov 3 (Reuters) - The cost of payment holidays for mortgage holders plunged Polish bank Pekao (PEO.WA) into the red in the third quarter, outweighing the positive impact of higher interest rates, its results showed on Thursday. The government introduced payment holidays for borrowers that allow eight instalments to be postponed in 2022-23, after a series of interest rate hikes imposed by the central bank to tackle inflation hit many borrowers. In the third quarter, Pekao booked over 2.4 billion zlotys ($498.4 million) in costs related to payment holidays. As a result, it made a net loss of 544 million zlotys, compared with a 631 million zlotys profit a year earlier and a 522 million loss seen in a Reuters poll of analysts. Pekao, Poland's second-largest bank by assets, said higher interest rates were favourable for banks as they lead to a pick up in net interest income, but could also have a negative impact on credit demand and the quality of loan portfolios.
WARSAW—Polish army engineers began building a razor-wire fence across the country’s 130-mile border with Russia, the latest country in Europe’s east to construct such a barrier, in what Poland’s government described as a bid to prevent Moscow from encouraging asylum seekers to cross overland into the European Union. The fence will span the entire length of Poland’s border with the Russian exclave of Kaliningrad, Defense Minister Mariusz Blaszczak told reporters Wednesday. The construction began, he said, in response to concerns that Moscow would seek to encourage asylum seekers to fly into the exclave and enter the EU via the Polish border.
REUTERS/Russell Cheyne/File PhotoNov 2 (Reuters) - This year’s U.N. climate conference in Sharm el-Sheikh, Egypt, marks the 27th time since 1995 that world leaders have gathered to confront global warming. Here are some key moments in the global climate conversation:1800s - Throughout the 1800s, several European scientists study how different gases and vapours can trap heat in the Earth’s atmosphere. 1990 - At the U.N.’s so-called Second World Climate Conference, scientists highlight the risks of global warming to nature and society. 2015 - Global warming passes 1 degree Celsius. Signatories promise to try to keep global warming within 1.5 degrees C of the preindustrial average.
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