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Russian Armed Forces appear to have downed their own Su-27 fighter jet over occupied Crimea. A Ukrainian spokesperson said human error was to blame for the Russian blunder. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian Armed Forces downed one of their own Sukhoi Su-27 fighter jets over Crimea on Thursday, Ukrainian officials claim. This story is available exclusively to Business Insider subscribers.
Persons: , Su, Dmytro Pletenchuk Organizations: Russian Armed Forces, Service, Ukraine's, Russian Federation, Business Locations: Crimea
Short flight times, small radar signatures, and non-ballistic trajectories make glide bombs particularly difficult to intercept as well. "When the Ukrainian air-defense bandwidth is all tied up, they then move in with the fixed-wing aircraft to conduct these glide-bomb attacks," he said. This includes the 1,100-pound FAB-500, 3,300-pound FAB-1500, and 6,600-pound FAB-3000 bombs — all of which can be modified and turned into glide bombs. "That makes the mission planning for attacks with standoff weapons that can hit fixed targets, like the glide bombs, quite practical," he explained. And it won't be entirely the fault of glide bombs — Kyiv needs all the tools its forces can get right now.
Persons: , George Barros, Scott Peterson, they've, Alexander Ermochenko, Barros, Assad, Ivan Gavrylyuk, Justin Bronk, Su, ALEXANDER NEMENOV, Bronk, Volodymyr Zelenskyy, Alina Smutko, Ukraine doesn't Organizations: Service, Business, Institute for, REUTERS, Ukrainian, Ukrainian Armed Forces General Staff, Handout, Royal United Services Institute, Victory Day, Getty, Archer Artillery, Roman, Getty Images, Patriot, Infantry Brigade, Armed Forces Locations: Russia, Moscow, Ukraine, Russian, Petropavlivka, Avdiivka, Ukraine's Donetsk, Ukrainian, Kharkiv, AFP, Donetsk
Opinion: Trump’s image is on the line
  + stars: | 2024-03-24 | by ( Richard Galant | ) edition.cnn.com   time to read: +20 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. … Deals are my art form.”Having a lot of money distinguished him from other presidential candidates, Trump contended. ‘I don’t need anybody’s money,’ Trump said in his June 2015 presidential campaign announcement.”“Now Trump needs money, a lot of it. In July 2006, she met Trump at a celebrity golf tournament and says that the two had sex that weekend. “Whatever the Fifth Circuit and Supreme Court decide next, the question for President Joe Biden is what to do now,” wrote Lawrence Downes.
Persons: Charles Dickens, “ David Copperfield, Micawber, ” Micawber, , Dickens, Donald Trump, Letitia James, Trump, he’ll, , Tony Schwartz, I’ve, Frida Ghitis, ’ Trump, … Dana Summers, Joe Biden’s, Julian Zelizer, Biden’s, ” Bill Bramhall, Stormy Daniels, Peacock, Ana Marie Cox, Daniels, she’s, Peter Navarro, He’s, Mike Johnson, Kevin McCarthy, House Republicans —, Matt Gaetz ’, Marjorie Taylor Greene, Johnson, Clay Jones, Paul Sracic, Fareed Zakaria, Biden, Peter Bergen, Bashar al, Assad, ” Bergen, Vladimir Putin, Richard Aboulafia, ” David Horsey, Joann, Lynda Gorov, it’s, ” Kate Middleton’s, Princess, Wales, Sara Stewart, Kate, that’s, she’ll, Joe Biden, Lawrence Downes, “ Biden, Greg, Abbott, , ” Downes, Trump’s, Jared Kushner, Kushner, Donald Trump’s, Aseel Mousa, Drew Sheneman, Max Besbris, ” Besbris, Linda Thomas, Greenfield, Thomas, Eleanor Roosevelt, , ” Don’t, Grace Elizabeth Hale, Elizabeth Yuko, Avi Weiss, Jennifer Jones, Jill Filipovic, Christine Blasey Ford Derrick Johnson, Peter Rutland, Holly Thomas, Lily Allen, Mary Ziegler, Lanhee Chen, Steve Garvey, Adam Schiff, Patricia Grisafi, Caitlin Clark Walt Handelsman, Caitlin Clark, Amy Bass, Kamilla Cardoso, UCLA’s Kiki Rice, ’ ” Clark, Bass, Pete ’ Maravich, Court, Serena Williams, Clark, Maravich …, Organizations: CNN, New, Trump, Agency, Twitter, Save, Maga Inc, Biden, Content Agency Trump, House Republicans, Rep, Ohio GOP, Russia ISIS, ISIS, Boeing, Airbus, Crafts, Boys, BBC Studios, Circuit, Texas Gov, Abbott, of Justice, Texans, Harvard, National Association of Realtors, United Nations, , University of Iowa, ESPN, Iowa Hawkeyes, NCAA Division Locations: Save America, New York, Baton Rouge , Louisiana, Ohio, Russia, Moscow, Iraq, Syria, Syrian, , Iran, Afghanistan, , Ukrainian, Windsor, ” Texas, Texas, Gaza, Southern, Rafah, Egypt, Israel, Gaza City, Al, Grace Elizabeth Hale : Mississippi, , California
Opinion: ISIS is making a comeback
  + stars: | 2024-03-23 | by ( Peter Bergen | ) edition.cnn.com   time to read: +5 min
CNN —If ISIS was indeed responsible for the attack Friday at a Moscow-area concert venue that killed at least 133 people, it would suggest that, unfortunately, the terror group is making something of a comeback. ISIS claimed responsibility for the attack; a US official told CNN the US has no reason to doubt it. Through that attack, ISIS-K showed that the group, which is very anti-Shia, could target a hostile state like predominantly Shia Iran. In March alone, a Russian state news agency said the country had thwarted multiple ISIS-related incidents, including a plan to attack a synagogue in Moscow. As for capability, the ISIS-K attack in Iran earlier this year demonstrated that the group could carry out a large-scale attack outside of its home base in Afghanistan.
Persons: Peter Bergen, Osama bin Laden, Biden, Qasem Soleimani, Vladimir Putin, , Bashar al Assad, Assad, Putin Organizations: New, Arizona State University, Apple, Spotify, CNN, ISIS, US, Kabul Airport, Democratic, US National Security Council, Government Locations: New America, Moscow, Iraq, Syria, United Kingdom, Europe, Paris, Orlando , Florida, Africa, Asia, Afghanistan, Kabul, Democratic Republic of Congo, Somalia, Iran, Russian, Russia, , Ukraine, Syrian
Read previewDrones are increasingly shaping warfare in the Syrian civil war that entered its 14th year in March. Kasim Rammah/Getty ImagesHowever, unlike drones, Syrian Air Force aircraft require significant support from Russia. Advertisement"The Russians might not want to spend any more jet fuel and Soviet-designed bombs on Assad just to help him blow up hospitals and marketplaces in Idlib," Lund said. Advertisement"It seems well within the means of Tahrir al-Sham, the dominant jihadi militia in Idlib, to manufacture and use kamikaze drones," Lund said. Even though many of these opposition drones are often described as crude, low-tech, and DIY, Lund also does not rule out the possibility that Syrian opposition groups have received state backing for some attacks.
Persons: , Bashar al, Assad, Freddy Khoueiry, RANE, Khoueiry, Aron Lund, Lund, Kasim Rammah, Moscow's, they're, RANE's Organizations: Service, Business, Century International, Syrian Air Force, embroilment, Scientific Studies, Research Center, Ministry of Defense, Hezbollah, Russia Locations: Russia, Ukraine, Damascus, Hayat Tahrir, Idlib, Homs, East, North Africa, Syria, Aleppo, Soviet, Iran, Yemen, Lebanon, Hmeimim, Latakia, Tahrir, Turkey
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn Austrian bank's plan to repatriate $1.6 billion in assets still stuck in Russia is facing US pushback, on concern that the deal would breach Western sanctions. The Raiffeisen Bank International remains the biggest foreign-owned lender remaining in the country, as efforts to sell or spin off its Russian unit have struggled since Moscow's tightened exit requirements on foreign firms. That's as Deripaska is sanctioned for potential links to the Kremlin, making the transaction a possible breach of Western restrictions. Aside from Raiffeisen, the US has been stepping up pressure on foreign banks that continue to facilitate transactions with Russia.
Persons: , Oleg Deripaska, Raiffeisen, that's Organizations: Service, Raiffeisen Bank, Business, Reuters Locations: Austrian, Russia, Russian, Vienna, Washington, Austria, Saudi Arabia, Turkey
Ukraine attacked another Russian oil refinery on Saturday night. AdvertisementA long week of attacks on oil and gas infrastructureThis past week, Ukraine has made a concerted effort to degrade Russia's oil production capabilities. The governor of Russia's Samara Oblast reported on March 16 that Ukrainian drones had attacked two Rosneft oil refineries. One attack had hit another major oil refinery operated by Lukoil in the southwestern Volgograd region. Similar incidents had occurred across Russia in January, hitting the Slavneft-Yanos oil refinery, an oil refinery in Tuapse, a storage facility in Klintsy, and a Baltic sea Ust-Luga terminal.
Persons: , Ukrainska, Russia's, Andriy Yermak, Volodymyr Zelenskyy, Zelensky, Краснодарському кра РосВдео Organizations: Bloomberg, Service, Business, Astra, Ukrainska Pravda, Security Services, Security Service, Stringer, Anadolu Agency, Getty, Reuters, Staff, Lukoil, НПЗ Locations: Ukraine, Russian, Krasnodar, Moscow, Russia, Russia's Samara Oblast, Ryazan, Nizhny Novgorod, Leningrad, Lukoil's Norsi, Russia's Belgorod, Norsi, Ukrainian, Volgograd, Tuapse, Klintsy, Baltic
The woman is Lutfiye Zudiyeva, a Crimean Tatar, and she shared video of the moment on her social media accounts. It’s inevitable.”Arrests like hers, as well as large mass raids, especially, but not exclusively, in areas predominantly inhabited by Crimean Tatar communities, have been common since 2014. “The situation is only getting worse,” said human rights lawyer Emil Kurbedinov, himself a Crimean Tatar. AFP/Getty ImagesThe major concern now is that Crimea is a template for the other four Ukrainian regions now fully or partially occupied by Russia. Propaganda effortWhen it comes to Crimea, Russia has tried to hide its oppression under a veil of public investment, and patriotism.
Persons: , , Russia’s, ” Zudiyeva, Joseph Stalin, Emil Kurbedinov, Daniel van Moll, NurPhoto, Kurbedinov, Ukraine –, Viktor Yanukovich’s, ” —, Baz Ratner, Yanukovich –, Sergey Aksyonov, Sean Gallup, ” Kurbedinov, Krzysztof Janowski, ” Janowski, Vladimir Putin, Irina Volk, Zaporizhzhia –, Volk, didn’t Organizations: CNN, United Nations, Tatars, Soviet Union, Fleet, Reuters, Research, Russia, Crimean, Getty, UN, Ukrainian, Moscow Locations: Crimean, Ukrainian, Crimea, Crimean Tatar, Ukraine, Soviet Union, Crimean Tatars, Russia, Simferopol, Sevastopol, Russian, Soviet, Moscow, Kyiv, Russian Republic of Crimea, AFP, Donetsk, Luhansk, Kherson, Zaporizhzhia, Avdiivka, Kerch,
I ended up loading all the luggage I had – and he had a bunch of boxes,” Butler said of Nauta. But I also have a bad feeling that what I’m saying is getting him into trouble,” Butler told CNN. Given his long history at Trump’s club, Butler shed light on potentially critical instances related to the disclosure of classified information. De Oliveira hung up the phone, happily, and told Butler that Trump would provide him an attorney, Butler says. I think we went to sit down,” Butler told CNN.
Persons: Kaitlan Collins, CNN —, Donald Trump’s, Brian Butler, , Jack Smith, Butler, Trump, Walt Nauta, Carlos De Oliveira, Lago, Donald Trump, CNN Butler, Nauta, De Oliveira, didn’t, , ” Butler, Department’s, he’s, John Irving, Florida Butler, MAGA, Trump’s, , I’m, De Oliveria, Brian Butler's, Jeffrey Sloman, De Oliveira nudging, Anthony Pratt, Pratt, there’s, There’s De Oliveira, Melania Trump, putts De Oliveira, Taylor Swift, De, “ Carlos, pats, Butler “, Carlos, ‘ He’s, ’ ” Butler Organizations: CNN, “ Trump, Trump, Mar, Justice Department, West Palm Beach, Palm Beach, CNN The Florida, FBI, Southern, Southern District of, Smith’s, Prosecutors Locations: Mar, Palm Beach , Florida, Trump, New Jersey, Nauta, Palm Beach, Lago, West Palm, Florida, Palm, South Florida, Southern District, Southern District of Florida, Russian, Butler
Russia seems to be more heavily using its air force for glide bomb attacks, the ISW said. The ISW had previously released an assessment on Monday that suggested Ukraine's reported successes had caused Russia's air force to scale back its flights. Experts warned that it would be devastating for Ukraine if Russia continued to be able to do this. Russia using glide bombs near Avdiivka may be why Ukraine has been able to shoot down so many Russian jets, experts previously told Business Insider. Russian aircraft need to fly higher to launch them, giving Ukraine's weaponry more time to target and hit them, they said.
Persons: That's, , Russian Su, ISW, Ukraine's Organizations: Service, Ukraine, Washington DC, New York Times, Russian Locations: Russia, Ukraine, Russian, Avdiivka
Ukraine says it shot down three Russian Su-34 jets in one day. On Thursday, the Ministry of Defense of Ukraine said it had shot down three Sukhoi Su-34 fighter-bombers that day. The reported kills extend what appears to have been a successful month for Ukraine's air defenders and a devastating one for Russian aviation. Last October, Ukraine said that it shot down five Russian Su-25 close-air-support planes over a 10-day period. Its defenders have relied heavily on American-made Patriot systems and other Western-made systems, but Ukraine also has various other systems at its disposal.
Persons: Russia's, , Sukhoi Su, ◾️, , It's, VASILY MAXIMOV, Ukraine's Organizations: Service, Ukraine, Ministry of Defense, Ukrainian Air Force, , Getty, Abrams, Avdiivka Locations: Ukraine, Russian, @DefenceU, Syria, AFP, Russia
Ukraine's Ministry of Defense said it took down its 10th Russian fighter jet in 10 days. AdvertisementUkraine announced on Tuesday that it had brought down its 10th Russian fighter jet in as many days. The Ministry of Defense of Ukraine wrote on X that it had shot down a Su-34 fighter bomber in the eastern direction. "Another Russian Su-34 fighter-bomber was destroyed by Ukrainian warriors in the eastern direction. And now it's 10 destroyed Russian planes in 10 days!"
Persons: Organizations: Ministry of Defense, Service, Business Locations: Russian, Ukraine
Read previewUkraine is running out of key missiles to protect its skies against Russian attacks, a development that could allow Russia's air force to firmly enter the conflict. But Ukraine has been able to largely hold Russia's air force back from the conflict since the start of the full-scale invasion in February 2022. Reduced Ukrainian air defenses mean the severity of Russia's drone and missile strikes will likely increase — and its air force could also come more into play. But without enough air defense systems "the risk is we see more and more of the Russian air force actually being able to conduct battlefield interdiction," he added. "The Russian Air Force is still a significant threat," Bronk said.
Persons: , Frederik Mertens, Viacheslav, Justin Bronk, SAMS, Bronk, it's, SAMs Organizations: Service, Business, Getty, Hague, Strategic Studies, Ukrainian Tactical Aviation, New York Times, REUTERS, Royal United Services Institute, Russian Air Force Locations: Ukraine, Russia, Russian, Lyman, Avdiivka, Kyiv
Ukraine's Armed Forces destroyed another Russian Su-34 fighter jet, marking the seventh in a week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine said it destroyed another Russian fighter jet on Wednesday, bringing its kill streak to seven in one week. The commander of Ukraine's air force, Lieutenant General Mykola Oleshchuk, said on Wednesday that Ukraine had taken out a Su-34 fighter bomber. A spokesperson for the Ukrainian Air Force told the Kyiv Post that the plane was downed "in the eastern direction."
Persons: , Mykola Oleshchuk, Forbes, Sinéad Baker, Justin Bronk, Baker, Denys Shmyhal Organizations: Ukraine's, Forces, Service, Pravda, Eternal, Ukrainian Air Force, Kyiv Post, Ukraine, Royal United Services Institute, ABC News, US, Africa Command, Ukrainian Armed Forces Locations: Russian, Ukraine, Kyiv, Poltava, Kharkiv, Dnipropetrovsk, Zaporizhzhya, Donetsk, Russia, Europe
Jon Stewart spent much of his monologue on Monday criticizing Tucker Carlson's visit to Russia. AdvertisementJon Stewart and former Fox News personality Tucker Carlson go way back. For Professor Tucker Aloysius Mayflower Kennebunkport Backgammon Carlson III has arrived," Stewart continued as he pulled out a notebook and pen. Thank you, Tucker Carlson, for giving Jon Stewart this masterclass in journalism. At one point, Carlson told Stewart he'd thought they'd all get some laughs from having Stewart on as a guest.
Persons: Jon Stewart, Tucker Carlson's, Stewart, Carlson, , Tucker Carlson, Vladimir Putin, Biden, Putin, Tucker Aloysius, It's, he'd, Paul Begala, America, I'm, Stewart he'd, they'd, Carlson couldn't, Stewart hasn't, I've Organizations: Service, Fox News, Sears, Daily Locations: Russia, Russian, America
Read previewWhen President Joe Biden addressed the sudden death of Russian dissident Alexey Navalny last week, he had no doubt where the blame lay. But where Biden sounded less certain, was on how the Russian president should pay for the alleged crime. For instance, the US has sought to cut off Russia's export of oil and gas, a trade that is at the heart of the Russian economy. Putin has placed the Russian economy on a war footing, with 6% of GDP spent on arms and ammunition production, meaning that US attempts to seriously constrict Russian weapons production have failed. And there remain options open to the US and other countries in the West if they choose to punish Russia even further.
Persons: , Joe Biden, Alexey Navalny, Biden, Navalny, Putin, Donald Trump, Elisabeth Braw, Edward Lucas Organizations: Service, Business, Kremlin, New York Times, Munich Security, US, Republicans, Treasury, Atlantic Council, Observer, Times Radio Locations: Russian, Russia, Ukraine, India, China
The Kremlin may've fired the commander of it's Black Sea fleet. The Kremlin has fired the commander of its Black Sea Fleet as punishment for a series of humiliating losses to Ukraine, according to Russian war bloggers. It was the latest in a series of victories for Ukraine, which has a tiny navy, against Russia's much bigger Black Sea fleet. Ukraine's attacks have included strikes on Sevastopol, the base of Russia's Black Sea fleet. Sokolov had taken over as commander of the fleet in September 2022, replacing Admiral Igor Osipov, only months after Ukraine sank Russia's Black Sea flagship, "The Moskva."
Persons: Viktor Sokolov, Sergey Pinchuk, Caesar Kunikov, Nicholas Johnson, Sokolov, Sergei Markov, Igor Osipov Organizations: Ukraine, Analysts, RAND Corporation, Moscow Times, Kremlin, Business Locations: Ukraine, Russian, Russia, Sevastopol, Russia's
Ukraine said it destroyed two Russian fighter jets on Monday morning. AdvertisementUkraine said it destroyed two more Russian fighter jets on Monday, bringing its claimed tally to six jets shot down in just three days. Ukraine's air force is outclassed by Russia's air power, with far fewer planes and much older models. Ukraine has previously shot down several Russian jets: In December, Ukraine said it eliminated three Russian Su-34s over a two-day period. Ukraine has repeatedly urged its allies to give it fighter jets that would enable it to shoot down Russian missiles and aircraft.
Persons: , Oleksandr Syrskyi, Mykola Oleshchuk, Justin Bronk, Rajan Manon Organizations: Service, Forbes, Royal United Services Institute, Pentagon Locations: Ukraine, Russian, Ukrainian, Russia
Traveling from the Munich Security Conference towards Ukraine’s frontlines, the polite frustration and manicured pleas of Western leaders and Ukrainian President Volodymyr Zelensky feel yet more desperate. Ukrainian soldiers of Brigade 71 fire artillery in the direction of Avdiivka on February 18, 2024. Latvia’s president spoke of “murder,” Germany’s defense minister of how the death showed Russia was “willing and able to provoke” the West. Tobias Schwarz/ReutersIn and of itself, the Ukrainian defeat Avdiivka does not herald a sea change in Kyiv’s fortunes. Instead they may face larger existential questions about providing a lot more help, very urgently, to stop Ukraine’s war becoming Europe’s.
Persons: Ukraine’s frontlines, Volodymyr Zelensky, Diego Herrera Carcedo, Alexey Navalny, Putin, , Joe Biden, Kamala Harris, Zelensky –, , Tobias Schwarz, Avdiivka, Bakhmut, , Valerii Zaluzhnyi, Oleksandr Syrsky —, Zelensky, , Tucker Carlson, Kostiantyn, Zaluzhnyi Organizations: CNN, Munich, Ukraine’s, Ukrainian, United States Congress, Brigade, Getty, Trump, NATO, Republican, Reuters, European Union Locations: Europe, Ukraine, Avdiivka, Anadolu, Russia, West, Munich, Germany, Moscow, Kyiv, Kupiansk, Kharkiv, Russian, Poland, frontlines, North Korea
The Ukrainian airforce says it shot down three Russian fighter jets in one morning. The Commander of the of the Air Forces said two Su-34 and one Su-35 fighter jets were downed. AdvertisementUkraine says it shot down three Russian fighter jets in a single morning. On the morning of February 17th, Ukrainian Air Force pilots bravely engaged and destroyed three enemy aircrafts at once-two SU-34 fighter bombers and one SU-35 fighter. It is unclear how Ukrainian forces downed the three Russian fighter jets this morning.
Persons: Su, , Mykola Oleshchuk, Forbes, Sinéad Baker Organizations: Ukrainian, Air Forces, Ukraine, Service, Air Forces of, Armed Forces of, Armed Forces, Ukrainian Air Force, Patriot, U.S . Army Security, Raytheon Locations: Ukraine, Armed Forces of Ukraine, Russian, United States, Russia
Opinion | The Best Case for Ukraine Aid
  + stars: | 2024-02-17 | by ( Ross Douthat | ) www.nytimes.com   time to read: +2 min
The first year of the war in Ukraine seemed to vindicate Russia hawks. The second year of war has been kinder to realists and doves. Russia, as in many wars before, seems stronger in a grinding conflict than it did in the initial thrusts. Meanwhile, the Ukrainian counteroffensive of spring and summer failed: A year ago there was still hope that a Russian retreat would turn into a rout, but since then stalemate has ruled the front. The changed situation has created a division in the hawkish argument, visible as the U.S. Congress wrangles over further aid to Ukraine.
Persons: Vladimir Putin, Putin, Russia’s, Aleksei Navalny, Thom Tillis, he’ll, Mike Turner Organizations: U.S . Congress, Republican, Ukraine, NATO, Capitol, Russian Locations: Ukraine, Russia, Moscow, Ukrainian, North Carolina, American, Ohio
From prison, Navalny denounced Russia’s invasion of Ukraine via social media and encouraged anti-war protests across the country. Navalny was detained and sent to a Russian prison in 2021 after he had returned to Russia from Germany, where he was recovering from Novichok poisoning he blamed on the Russian government. Navalny took up Nemtsov’s mantle, becoming Russia’s most prominent opposition figure. Alexey Navalny was given a suspended sentence and his brother was sentenced to a prison term. Russia launched a new fraud accusation and jail threat against Navalny at the end of 2020, increasing pressure on him.
Persons: CNN — Alexey Navalny, Vladimir Putin, Navalny, Alexei Navalny, Dmitry Lovetsky, , Putin, , Kira Yarmysh, Dmitry Peskov, Alexander Litvinenko, Novichok, Sergei Skripal, Russia’s, Boris Nemtsov, Alexey Navalny, ‘ Putin, Oleg, Yves Rocher, “ Putin, ” Navalny, Dasha Navalnaya, Margarita Kotova, gaunt, Alexey, , Putin –, Alexander Nemenov, vociferously, I’m, Yulia Navalnaya Organizations: CNN, United, Kremlin, CNN Former, Getty, Corruption, Navalny, , Moscow’s, Peoples University, Transneft, Court, of Human Locations: United Russia, Russia, Ukraine, Siberia, Germany, Moscow, CNN Former Russian, Britain, Russian, English, Salisbury, Siberian, Tomsk, Omsk, France, Sweden, Anadolu, Melekhovo, Vladimir Region, Butyn, AFP, Moscow’s
This black market for foreign currencies is among the signs of the economic woes plaguing Algeria. In the oil-rich North African nation, business owners are rumored to be dumping their assets and scrounging up euros on the black market so their wealth isn't stuck. The government estimates roughly $7 billion worth of foreign currency trades hands on the country's black market. Traders are intimately aware that the gap between the official and black market exchange rate can narrow or widen by the day. The growing chasm between the official and black market rates meant fewer euros are getting into the country, he said.
Persons: isn't, Belamane, Nourdine Sadaoui, Hicham Safar, , , Abdelmajid Tebboune, Karim Allam Organizations: Associated Press, Traders, , Bank of Locations: ALGIERS, Algeria, Algiers, Mecca, Europe's, Lebanon, Nigeria, Bank of Algeria, Ukraine, Europe, Russian
AdvertisementIf confirmed, it would mark strike twenty-five in a remarkable kill streak that Ukraine told CNN represents the disabling of a full third of Russia's Black Sea Fleet. AdvertisementUkraine's most astonishing triumph came early, in April 2022, when it sank Russia's Black Sea flagship, the Moskva. "Ukraine has been extremely successful against the Black Sea Fleet, forcing Russia to relocate assets further away from Ukraine and the frontline," Germond told BI. AdvertisementDown, but not outIs Ukraine's Black Sea success a solution to Ukraine's stalled ground offensive? This means that any ships sunk result in a longer-term decrease in the Black Sea Fleet.
Persons: , Caesar, Ukraine Navy's, Murad Sezer, Sahaidachny, MAX DELANY, it's, Basil Germond, Germond, Michael Kofman, ” Sidharth, Kaushal, Russia can’t, Organizations: Service, Business, Russia's Ministry of Defence, Ukraine, CNN, Reuters, Getty, Military, Lancaster University, Shadow, Black, The Carnegie Endowment, Planet Labs PBC, Labs, UK’s Ministry of Defence, Royal United Services Institute, Montreux Convention, NATO, Ukraine’s Ministry of Defence Locations: Ukraine, Crimea, Bosphorus, Sevastopol, Moskva, Russian, Syria, Rostov, Minsk, Russia, France, Novorossiysk, Odesa, Ukrainian
Russia appears poised to bar the only remaining anti-war candidate from presidential election. Election officials rejected almost 10,000 of the signatures Nadezhdin needed to run. Nadezhdin's popularity appears larger than expected, experts say, and may hurt perceptions of Putin and the war. AdvertisementAhead of next month's presidential election, Russian officials appear poised to bar the only anti-war candidate, Boris Nadezhdin, from running. Russian election law states that candidates have to gather 100,000 signatures to run.
Persons: Putin, , Boris Nadezhdin, Nadezhdin, Vladimir Putin, didn't, it'll, ISW, Alexei Navalny's, Ivan Zhdanov, Zhdanov Organizations: Service, Kremlin, Commission, Russian, Washington Post, Putin, Institute Locations: Russia, Ukraine, US
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