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☆ Zelenskyy visited the frontline to see Ukrainian troops in one of his riskiest trips since the war began
▼ + stars: | 2022-12-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

Volodymyr Zelenskyy made a surprise visit to the frontline Ukrainian city of Bakhmut on Tuesday. Russian forces have spent months attacking the city, and fighting has recently intensified. Zelenskyy spent the risky trip presenting several Ukrainian soldiers with medals. Zelenskyy posted photographs to his Telegram on Tuesday showing him shaking hands with Ukrainian soldiers and awarding them medals in Bakhmut. For months, Russian forces have been trying to capture Bakhmut, a city with a pre-war population of over 70,000 people in eastern Ukraine's Donetsk region.

LONDON, Dec 20 (Reuters) - Britain accused Russia of planning to give Iran advanced military components in exchange for hundreds of drones, British defence minister Ben Wallace said on Tuesday, calling on the West to do more to expose the trade. "In return for having supplied more than 300 kamikaze drones, Russia now intends to provide Iran with advanced military components, undermining both Middle East and international security — we must expose that deal. Wallace did not provide detail on the type of military components he said Russia wanted to give Iran. Iran has acknowledged sending drones to Russia but said they were sent before Moscow invaded Ukraine in February. Britain, the United States and the European Union have sanctioned Iranian military figures and defence manufacturers believed to be involved in the supply of Iranian drones to Russia.

☆ An elite Russian military brigade was basically 'wiped out,' taking so many losses in Ukraine that it will 'take years to rebuild,' report says
▼ + stars: | 2022-12-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

An elite Russian brigade suffered so many losses in Ukraine that it will take years to rebuild. The 200th Separate Motor Rifle Brigade is one of many high-profile units that saw heavy depletion. But despite these advantages, the 200th suffered greatly in the months of combat that would follow. "Nothing of that brigade is left," Col. Pavlo Fedosenko, the commander of Ukraine's 92nd Mechanized Brigade, told The Post in a recent interview. That figure echoes a similar estimate from Chairman of the Joint Chiefs of Staff Gen. Mark Milley, the highest-ranking US general, who said last month that over 100,000 Russian soldiers had been "killed and wounded."

☆ With eye on China, US to boost military forces in Australia – and ‘invite’ Japan to join in
▼ + stars: | 2022-12-06 | by ( ) edition.cnn.com time to read: +4 min

The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets, US Defense Secretary Lloyd Austin said Tuesday, amid shared concerns about China. Australia’s Northern Territory is already host to frequent military collaborations with the US. Thousands of US Marines rotate through the territory annually for training and joint exercises, started under former President Barack Obama. Just before last year’s AUSMIN talks, the US, United Kingdom and Australia created a security deal, known as AUKUS, that will provide Australia with the technology to deploy nuclear-powered submarines. The two sides said they had further discussions on that issue and Britain’s Defense Minister Ben Wallace will attend a first in-person meeting of AUKUS ministers on Wednesday in Washington.

☆ The UK Navy's new drone submarine is the length of an iconic London bus and will help to 'dominate the underwater battlespace'
▼ + stars: | 2022-12-03 | by ( Bethany Dawson | Alia Shoaib | ) www.businessinsider.com time to read: +3 min

The UK military has signed a £15.4 million ($18.7 million) contract to buy a crewless submarine. The First Sea Lord Admiral says it allows the Royal Navy to further their mission to "dominate the underwater battlespace." First Sea Lord Admiral Sir Ben Key has said: "This Extra Large Autonomous Underwater Vehicle is a capability step-change in our mission to dominate the underwater battlespace." Celebrating the news of the new Navy vessel, Defense Secretary Ben Wallace said: "To meet the growing threats to our underwater infrastructure, the Royal Navy needs to be ahead of the competition with cutting-edge capabilities. We have the right equipment to protect the security of the UK and our Allies."

☆ King Charles leads Remembrance Day service first time as British monarch
▼ + stars: | 2022-11-13 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

King Charles III led Remembrance Day commemorations in London on Sunday for the first time as Britain’s monarch, laying a newly designed wreath after a two-minute silence at The Cenotaph war memorial. Wreath designers said it also paid tribute to the racing colors used by both Queen Elizabeth II and his grandfather King George VI. Charles, who became King following the death of his Elizabeth in September, was joined by other senior members of the royal family including his son and heir Prince William. Officials said this years’ service is dedicated both to fallen soldiers in wars past and to Ukrainians fighting against Russia’s invasion. “We must never forget those who gave their lives in defense of our values and our great nation,” said Defense Secretary Ben Wallace.

☆ NATO's Stoltenberg hails 'encouraging' liberation of more Ukrainian territory
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 9 (Reuters) - NATO Secretary General Jens Stoltenberg said on Wednesday it was "encouraging" to see Ukrainian forces being able to liberate more of the country's territory, after Russian Defence Minister Sergei Shoigu ordered his troops to withdraw from Kherson. Speaking in London where he was meeting British Prime Minister Rishi Sunak, Stoltenberg said: "It is encouraging to see how the brave Ukrainian forces are able to liberate more Ukrainian territory. Following the meeting with Sunak, a Downing Street spokesperson said the pair had emphasised the importance of continuing to support Ukrainian sovereignty. "(Stoltenberg) thanked the prime minister for the UK’s support for Ukraine, which the prime minister confirmed would continue under his leadership for as long as needed," the spokesperson said in a statement. Earlier, Stoltenberg joined British defence minister Ben Wallace to observe the training of Ukrainian troops in southeast England, as Britain announced the delivery of a further 12,000 extreme cold-weather sleeping kits for Ukraine.

☆ Meet 5 of Goldman Sachs' newest partners, including a top fintech dealmaker and a structured trader from Honduras whose 3 brothers also work on Wall Street
▼ + stars: | 2022-11-09 | by ( Dakin Campbell | Alex Morrell | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

It also includes a star fintech banker and leading voice on the Black experience on Wall Street. Here are 5 top names who will help shape the Wall Street of tomorrow. In the 12 years that he's been at Goldman, Watkins has helped Goldman advise on some of the technology industry's biggest transactions. He has also been a leading voice in discussing the Black experience on Wall Street. After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO.

☆ Goldman Sachs just dropped the names of its biggest partner class since David Solomon took over as CEO. See the full list here.
▼ + stars: | 2022-11-09 | by ( Emmalyse Brownstein | Dakin Campbell | Alex Morrell | ) www.businessinsider.com time to read: +4 min

David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.

☆ UK boosts support for Ukrainian troops through winter
▼ + stars: | 2022-11-08 | by ( Alistair Smout | ) www.reuters.com time to read: +3 min

[1/8] NATO Secretary General Jens Stoltenberg observes Operation Interflex a UK led training programme for the Armed Forces of Ukraine during a visit to Lydd Camp in Kent, Britain. REUTERS/Chris RadburnSummary UK to send more cold-weather sleeping kits to UkraineAlso announces dispatch of more military equipmentNATO chief watches Ukrainian troops training in BritainLYDD, England, Nov 8 (Reuters) - Britain is stepping up its support for Ukrainian soldiers through the winter, Defence Secretary Ben Wallace told Reuters on Wednesday, following weeks of Ukrainian advances towards the southern city of Kherson. Wallace joined NATO Secretary General Jens Stoltenberg to observe the training of Ukrainian troops in the southeast English town of Lydd, as Britain announced the delivery of a further 12,000 extreme cold-weather sleeping kits for Ukraine. "So we're determined ... to give Ukrainian soldiers the best basic skills because we already know that the Russian military aren't doing that." Stoltenberg, who said other NATO allies were also providing support to Ukrainian troops through the winter months, also met Britain's new prime minister, Rishi Sunak, on Wednesday in London, where they discussed the Atlantic alliance's continued support for Ukrainian sovereignty.

☆ U.K.'s Sunak face Parliament for the first time as prime minister
▼ + stars: | 2022-10-26 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Rishi Sunak faced the opposition in Parliament for the first time as Britain’s prime minister Wednesday, seeking to provide assurances that his new government would offer economic stability and continuity after his predecessor’s tax plans triggered market tumult. He also quietly reinstituted a moratorium on fracking that was part of the Conservative Party’s 2019 election platform. “We will have to take difficult decisions to restore economic stability and confidence,” Sunak told the House of Commons. Sunak is seen by Conservatives as a safe pair of hands they hope can stabilize an economy sliding toward recession — and stem the party’s plunging popularity. Sunak brought in people from different wings of the Conservative Party for his Cabinet.

☆ Boris Johnson battles to win support in shock U.K. PM comeback bid
▼ + stars: | 2022-10-23 | by ( Hyder Abbasi | ) www.nbcnews.com time to read: +5 min

LONDON — Thousands tracked his flight back to the U.K. as he returned from a Caribbean vacation, and several lawmakers have tweeted “welcome back boss,” but on Sunday, Boris Johnson was fighting to get enough support to make a shock return as Britain’s prime minister. British Prime Minister Boris Johnson speaks during a Cabinet meeting alongside Chancellor of the Exchequer Rishi Sunak in London in May. Former Conservative party leader William Hague said Friday that Johnson’s return would lead to a “death spiral” for the party. A selection of the front pages of British national newspapers showing the reaction to the resignation of Prime Minister Liz Truss in London on Friday. “A significant majority of the British people wanted him to resign as prime minister, and his approval ratings were historically low by the time he stopped being prime minister,” he said.

☆ Russia's Shoigu holds second call with U.S. defense secretary in three days
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +3 min

Sputnik/Mikhail Metzel/Kremlin via REUTERSOct 23 (Reuters) - Russian Defence Minister Sergei Shoigu spoke with U.S. Defense Secretary Lloyd Austin on Sunday for the second time in three days and held a flurry of calls with three other counterparts from NATO countries. Its readouts on the other calls said Shoigu had said the situation in Ukraine was worsening. "They discussed the situation in Ukraine which is rapidly deteriorating," the Russian defence ministry said of Shoigu's call with French Defence Minister Sebastien Lecornu. Register now for FREE unlimited access to Reuters.com RegisterShoigu spoke separately to Turkey's defence minister Hulusi Akar and Britain's Ben Wallace. With Russia reeling from successive defeats in Ukraine, President Vladimir Putin has said it would resort to nuclear weapons if necessary to defend its "territorial integrity".

☆ Russian, British defence ministers discuss Ukraine in phone call
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: 1 min

Oct 23 (Reuters) - Russia's Defence Minister Sergei Shoigu held a telephone call with his British counterpart Ben Wallace on Sunday to discuss the situation in Ukraine, Russian news agencies reported, citing the defence ministry. Shoigu told Wallace that Russia was concerned Kyiv could be preparing to use a "dirty bomb" in Ukraine - a claim he also made in calls with the French and Turkish defence ministers earlier on Sunday. Russia has published no evidence to support the claim. Register now for FREE unlimited access to Reuters.com RegisterReporting by ReutersOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Conservative leadership race: who will replace Liz Truss as UK prime minister?
▼ + stars: | 2022-10-21 | by ( Kate Holton | ) www.reuters.com time to read: +4 min

LONDON, Oct 21 (Reuters) - A fast-tracked Conservative Party leadership election is underway to replace Liz Truss, who said on Thursday she would resign just six weeks after being appointed as British prime minister. If the person in second place does not drop out, then the Conservative Party membership will vote, with results announced by Friday. BORIS JOHNSONFormer prime minister Johnson, a journalist, has loomed large over British politics ever since he became London Mayor in 2008. Conservative lawmakers said Johnson, who has been on holiday in the Caribbean, could stand in the leadership contest and was taking soundings. Wallace, a former soldier, was defence minister for both Johnson and Truss, leading Britain's response to Russia's invasion of Ukraine.

☆ Russian fighter jet 'released a missile' near unarmed British surveillance plane, U.K. defense secretary says
▼ + stars: | 2022-10-20 | by ( Henry Austin | Henry Austin Is A London-Based Editor For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

LONDON — A Russian fighter jet “released a missile” in the vicinity of an unarmed British surveillance plane, the U.K.’s defense minister said Thursday. He added that Russia’s Ministry of Defense had replied “that they had conducted an investigation into the circumstances of the incident and stated it was a technical malfunction of the SU-27 fighter.”NBC News has reached out the Russian defense ministry for comment. Wallace also urged Iran to “desist” from supplying Russia with unmanned aerial vehicles dubbed “kamikaze” drones, which Moscow has been using to attack Ukraine. Iran has denied supplying Russia with drones. Both Washington and Kyiv have accused Tehran of supplying the drones to Moscow to be used in Ukraine, accusations Iran has denied.

☆ With UK leader Liz Truss quitting, here are the top contenders to replace her
▼ + stars: | 2022-10-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

"Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party," she said in a brief speech Thursday afternoon. Here are the main contenders for the top job:Rishi SunakRishi Sunak, Britain's former finance minister and Truss' main opponent in this year's Conservative Party leadership race, is now seen as a favorite to replace her. Britain's former finance minister Rishi Sunak was Liz Truss's main opponent in this year's Conservative leadership race. Penny MordauntFormer Defense Secretary Penny Mordaunt surged to prominence during the summer's leadership race, before finishing in third place to Truss and Sunak. Leader of the House of Commons Penny Mordaunt is seen as a consensus candidate who could unite a splintered Conservative Party.

He said Russia acknowledged that the incident took place in international airspace, adding that patrols have now resumed, and British aircraft were now being accompanied by fighter aircraft escorts. Wallace visited Washington earlier this week, prompting speculation as to whether a specific threat or piece of intelligence had prompted the trip. Ukraine has retaken territory in eastern Ukraine, leading President Vladimir Putin to order a partial Russian mobilisation and also step up nuclear rhetoric. Wallace repeated that there would be "severe consequences" for Russia if it used nuclear weapons in Ukraine, adding that he discussed Ukraine's battlefield successes and the possible Russian response to them on the trip. He emphasised that the incident with the Russian fighter and the UK "Rivet Joint" plane highlighted the risks of miscalculation in interacting with Russia.

☆ A Russian fighter jet fired off a missile while shadowing a Royal Air Force recon plane on patrol over the Black Sea, UK says
▼ + stars: | 2022-10-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

A Russian fighter jet recently released a missile near a Royal Air Force reconnaissance aircraft. The UK's Ben Wallace said the plane was patrolling over the Black Sea when the engagement happened. He said Thursday that Moscow delivered a response earlier in October that blamed the incident on a technical issue with the fighter jet after conducting an investigation. "The UK Ministry of Defense has shared this information with allies, and after consultation, I've restarted routine patrols — but this time escorted by fighter aircraft," Wallace said. This wouldn't be the first instance where a fighter jet fired a missile when it wasn't supposed to.

Prime Minister Liz Truss announces her resignation at 10 Downing Street on October 20, 2022 in London, England. Leon Neal | Getty ImagesLONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. "I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party." The number who have written letters to Brady expressing no confidence in the prime minister was reported to be over 100 by Thursday.

☆ Russian aircraft missile launch not deliberate escalation - UK defence minister
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: 1 min

LONDON, Oct 20 (Reuters) - Britain's defence minister Ben Wallace said on Thursday that he did not consider the release of a missile by a Russian aircraft near a British aircraft patrolling in international airspace to be a deliberate escalation. "We don't consider this a deliberate escalation by the Russians, our analysis would concur it was a malfunction," Wallace told parliament. "However, it is a reminder of quite how dangerous things can be when you choose to use your fighters in the manner that the Russians have done over many periods of time." Register now for FREE unlimited access to Reuters.com RegisterReporting by Kylie MacLellan, writing by Farouq Suleiman; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.

☆ No need for alarm, says UK defence minister about his U.S. visit
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: 1 min

LONDON, Oct 20 (Reuters) - Britain's defence minister Ben Wallace told parliament on Thursday there was no cause for alarm over his urgent trip to meet allies in the United States. Asked about the visit to Washington, D.C., Wallace said: "I went to the Pentagon, the State Department, the National Security Adviser and other meetings, and made sure that we are all understanding our planning processes about what we would do in the event of a whole range of things." "I don't think people should be alarmed by it ... I would hope they would take comfort that my priority is if necessary getting on a plane to go and do that." Register now for FREE unlimited access to Reuters.com RegisterReporting by Kylie MacLellan, writing by Farouq Suleiman; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Who are the candidates to replace UK PM Truss?
▼ + stars: | 2022-10-19 | by ( Kate Holton | ) www.reuters.com time to read: +4 min

LONDON, Oct 20 (Reuters) - Liz Truss said on Thursday she would resign as British prime minister just six weeks after she was appointed. A leadership election will be completed within the next week to replace Truss, who is the shortest serving prime minister in British history. Wallace, a former soldier, was defence minister for both Johnson and Truss, leading Britain's response to Russia's invasion of Ukraine. Boris JohnsonFormer prime minister Johnson, a journalist, has loomed large over British politics ever since he became London Mayor in 2008. The Times reported that Johnson is expected to stand in the Conservative Party leadership contest.

☆ Britain's Wallace discussed Ukraine security concerns on Washington trip -source
▼ + stars: | 2022-10-19 | by ( Elizabeth Piper | ) www.reuters.com time to read: +2 min

LONDON, Oct 19 (Reuters) - British Defence Minister Ben Wallace met his U.S counterpart in Washington this week to discuss shared security concerns about the situation in Ukraine, a senior defence source said in response to speculation around the sudden trip. Following advances by Ukrainian forces to retake land in the east of the country, Russian President Vladimir Putin has ordered a partial Russian mobilisation and also issued nuclear threats. Wallace cancelled a planned committee hearing in parliament on short notice in order to go to Washington on Tuesday, prompting questions around what was behind the apparently urgent nature of the trip. Register now for FREE unlimited access to Reuters.com Register"There has been a lot of speculation about why the defence secretary travelled to Washington," the source said. But on Tuesday junior defence minister James Heappey told Sky News that Wallace was in Washington "having the sort of conversations that - beyond belief, really - the fact that we're at a time when these sort of conversations are necessary".

☆ Russia will run out of arms before Ukraine does because it has isolated itself so much, UK defence secretary says
▼ + stars: | 2022-10-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

The UK said on Thursday that Russia will run out of weapons before the West does in Ukraine. Defence Minister Ben Wallace said Russia is isolated and its supply chain broken. "They need a supply chain, and large parts of their supply chain were not in Russia, they came from all over the world including in Europe and including, indeed, even in Ukraine," he said. An assessment in September by the Center for Strategic and International Studies listed the stockpile status of five key weapons — including the famed HIMARS — as "limited." Russia has turned to to such pariah states for weapons supplies, with US intelligence claiming that North Korea had supplied it weapons.

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