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In the past 24 hours Ukrainian forces have repelled more than 170 attacks in the five principal sectors of the front line, Ukrainian military analyst Oleh Zhdanov said on YouTube on Thursday night. Ukraine says the city has limited strategic value but wants to exhaust Russian forces. In nearby towns and villages, new trenches had been dug on the roadside 20-40 metres (65-130 feet) apart, a sign that Ukrainian forces were strengthening defensive positions. Russia says its "special military operation" aims to degrade the Ukrainian military and remove what it says is a threat to its own security. The Russian foreign ministry said Lavrov and Blinken spoke "on the move" for less than 10 minutes.

[1/4] A Ukrainian service member prepares to shoot from a howitzer at a front line, as Russia's attack on Ukraine continues, near the city of Bakhmut, Donetsk region, Ukraine March 2, 2023. Russian forces have been attacking Bakhmut in Donetsk province for months, sometimes in waves and the site has become one of the bloodiest battles of the war. Ukraine says the city has limited strategic value but wants to exhaust Russian forces. Russian shelling hit Bakhmut and several nearby towns - including Chasiv Yar, the biggest town to the west - and two towns south of Bakhmut, it said. In central Zaporizhzhia region and in Kherson region on the southern front, Russian forces shelled more than 40 towns and villages, the Ukrainian military statement said.

☆ Gulf states have given billions in aid to Egypt. Now they want to see returns
▼ + stars: | 2023-03-01 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

He was referring to the tens of billions of dollars in bailouts his country has received from the wealthy Gulf monarchies over the past decade. Many of those assets have long been under the control of Egypt’s military, an economic behemoth and the backbone of Sisi’s power. This time, however, Gulf Arab allies – especially Saudi Arabia and the United Arab Emirates – want to see returns. Last year alone, Gulf states pledged $22 billion to Egypt as it faced an economic crisis caused partly by the fallout from the Ukraine war, Reuters reported. Analysts say that Egypt was pushed by Gulf states to accept the IMF’s conditions, especially those on privatization.

☆ Exclusive: Tesla readies revamp of Model Y codenamed 'Juniper' - sources
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +4 min

Companies Tesla Inc FollowSHANGHAI/SAN FRANCISCO, March 1 (Reuters) - Tesla (TSLA.O) is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan. The automaker has not commented on its product strategy or any planned model changes. Tesla did not immediately comment when asked by Reuters about the plans for the Model Y, which was its best seller in California, China and Europe last year. Tesla has already been working to retool its Shanghai assembly plant to prepare for a revamped version of its Model 3 sedan, a project codenamed Highland by Tesla, Reuters has reported. It was not immediately clear how sweeping the revamp would be or what specific changes or improvements Tesla was looking to deliver with the new Model Y.

☆ Exclusive: Tesla readies revamp of Model Y codenamed 'Juniper'
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +4 min

☆ Ukrainian forces are training on fast and well-armed Leopard tanks in Spain, prime minister says
▼ + stars: | 2023-02-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukrainian forces are training on Leopard tanks in Spain, according to the Spanish Prime Minister. Leopard tanks are notable for their firepower, armor, and speed on various terrains. Sanchez revealed that the arrival of Leopard tanks in Ukraine would correspond with the return of trained soldiers. Spain is one of several countries to pledge to send tanks to Ukraine. The British are presently training Ukrainian forces on Challenger tanks in southwestern England, and last month, US Army Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, announced that the US military was training Ukrainian troops in Germany, the Associated Press reported.

☆ As G20 finance chiefs gather, Yellen calls for more economic aid to Ukraine
▼ + stars: | 2023-02-23 | by ( David Lawder | ) www.reuters.com time to read: +4 min

"Continued, robust support for Ukraine will be a major topic of discussion during my time here in India." Yellen said that previous U.S. military, economic and humanitarian aid totalling $46 billion has allowed Ukraine to preserve economic and financial stability under "extraordinary circumstances." In the coming months, we expect to provide around $10 billion in additional economic support for Ukraine." Yellen said that G20 countries, especially China, need to work to ease the debt overhang that is putting more than half of low-income countries in debt distress. The United States intends to put forward a candidate for the World Bank presidency "very quickly", she added.

☆ Chile readies major earthquake insurance with World Bank
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +1 min

[1/3] A damaged car lies on debris after an earthquake hit areas of central Chile, in Coquimbo city, north of Santiago, Chile, September 17, 2015. REUTERS/Ivan Alvarado/File PhotoSANTIAGO, Feb 23 (Reuters) - Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country's fiscal policy and public debt, the Finance Ministry said on Thursday. "The specific conditions of the insurance will be disclosed once this financial operation is completed, which would eventually occur in the coming weeks." The government said that studies to design different financial insurance structures with the World Bank - through the International Bank for Reconstruction and Development (IBRD)- began in June 2022. Chile is prone to earthquakes as it is located in the so-called Pacific Ring of Fire.

☆ Russia rails at UN move on Ukraine, China readies 'position paper'
▼ + stars: | 2023-02-22 | by ( Michelle Nichols | ) www.reuters.com time to read: +3 min

The draft text would again see the General Assembly demand Moscow withdraw its troops and call for a halt to hostilities. General Assembly resolutions are non-binding, but carry political weight. The United States has accused Iran and North Korea of supplying Russia with weapons and on Saturday said it was concerned China was considering providing "lethal assistance" to Russia. China said on Monday that the United States was in no position to make demands of Beijing. China and Russia announced a "no limits" partnership shortly before Russia invaded Ukraine.

☆ The stock market has been flipped and investors are taunting the Fed
▼ + stars: | 2023-02-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

As my colleague Matthew Fox writes, the stock market has been completely flipped upside down so far in 2023. This is the type of trading behavior you'd expect to see when interest rates are closer to 0% than 5%. To Kolanovic, the errant investor behavior foreshadows a plunge in the stock market. US stock futures fall early Tuesday, as investors stay worried that persistent inflation means interest rates will stay higher for longer. SoFi's Liz Young warned that a lack of reserve funds could stop this year's stock market rally: "What the equity market is not pricing in at this point, or is not worried enough about, is consumer spending."

☆ Protesters "fight for Israel's soul" as parliament readies judicial overhaul
▼ + stars: | 2023-02-20 | by ( Maayan Lubell | ) www.reuters.com time to read: +3 min

Polls have found that most Israelis want the reforms slowed to allow for dialogue with critics - or shelved altogether. Ahead of the afternoon reading, protesters posted online videos of themselves trying to prevent lawmakers from Netanyahu's coalition leaving for the Knesset. "Demonstrators who talk about democracy are themselves bringing about the end of democracy when they deny elected delegates the fundamental right in a democracy - to vote," Netanyahu said in a statement. Opposition leader Yair Lapid tweeted that demonstrations would mount "in the fight for the soul of the nation". Israel's head of state, President Isaac Herzog, has repeatedly urged the government and opposition to hold compromise talks.

☆ Zelenskyy on European mission for aid, fighter jets; Russian forces close in on Bakhmut
▼ + stars: | 2023-02-09 | by ( Natasha Turak | ) www.cnbc.com time to read: 1 min

Ukrainian President Volodymyr Zelenskyy is in Brussels, his third stop on a whirlwind European tour to request aid and more weaponry to help his forces fight Russia. He is addressing the European Parliament in an effort to lobby EU leaders during his second known trip outside of Ukraine since Russia launched its full invasion in February of last year. The visit follows stops in London and Paris, where Zelenskyy met with British Prime Minister Rishi Sunak and French President Emmanuel Macron. The stakes are high for Ukraine as it readies for an anticipated large-scale offensive by Russian forces. Its military is also looking to hold control of Bakhmut in Donetsk, east Ukraine, where Russia has made advances.

As President Joe Biden readies to deliver his State of the Union address, here's a look at how Americans rated him in the latest NBC News poll, released late last month. Biden's approval rating is 45%, effectively unchanged since Nov.Biden's approval rating has stayed durable across NBC's polling since September, at either 44% or 45% (that includes a mix of polls of registered voters and a broader sample of adults). That's a significant improvement from the 39% approval adults gave him in May, but still far lower than the 53% approval rating he secured in April of 2021. Notably, 50% of adults disapproved of Biden in the most recent NBC poll, the lowest since August of 2021. Majority of voters have reservations about Biden running againLike the man he beat in the 2020 presidential race, former President Donald Trump, a majority of registered voters are uncomfortable with Biden running for president again.

[1/2] Ukraine's President Volodymyr Zelenskiy greets U.S. Vice President Kamala Harris during a joint meeting of U.S. Congress in the House Chamber of the U.S. Capitol in Washington, U.S., December 21, 2022. REUTERS/Jonathan ErnstWASHINGTON, Feb 6 (Reuters) - U.S. Vice President Kamala Harris is expected to discuss Washington's future support for Ukraine when she travels to a major European security conference in Germany next week, as Russia's invasion nears the one-year mark. Harris will travel to Munich, Germany, from Feb. 16 to 18 to attend the Munich Security Conference as Ukraine, still waiting on promised longer-range Western missiles and battle tanks, readies itself for a new Russian offensive that could begin next week. Support for Ukraine has included $29.3 billion worth of pledged security assistance and an unprecedented use of economic sanctions, including an oil price cap, which have severely impacted Moscow. Harris met with and briefed Ukrainian President Volodymyr Zelenskiy at last year's conference, which was held just days before Russia's Feb. 24, 2022, invasion of Ukraine.

☆ Russia’s Casualties in Ukraine Near 200,000
▼ + stars: | 2023-02-04 | by ( Ann M. Simmons | Nancy A. Youssef | ) www.wsj.com time to read: 1 min

MOSCOW—Close to 200,000 Russian troops have been killed or wounded in the war in Ukraine, according to estimates from U.S. and European officials, a toll that is likely to continue to rise as the Kremlin readies a fresh offensive in the coming weeks. The U.S. military, which keeps rough estimates on Russian casualties in Ukraine, puts the figure for wounded and dead at roughly 180,000, though officials stressed such figures aren’t precise, a U.S. defense official said.

☆ Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
▼ + stars: | 2023-02-02 | by ( Norihiko Shirouzu | ) www.reuters.com time to read: +3 min

[1/5] A Volvo S60 is displayed during the inauguration of Volvo Cars first U.S. production plant in Ridgeville, South Carolina, U.S., June 20, 2018. The Swedish carmaker, wholly owned by China’s Zhejiang Geely Holding Group, is expected to launch at least six new battery electric vehicles through 2026, the two people told Reuters. The previously unreported product plans amount to the largest revamp of Volvo’s model line-up since Geely acquired the brand from Ford Motor Co (F.N) in 2010. Under Geely, Volvo initially started to share technologies such as car platforms with Geely. Volvo has carved out and sold its gasoline engine and hybrid powertrain operations to Geely.

☆ Brazil readies task force to expel miners from Yanomami lands, officials say
▼ + stars: | 2023-01-31 | by ( Anthony Boadle | ) www.reuters.com time to read: +3 min

[1/2] A village of indigenous Yanomami is seen during Brazil's environmental agency operation against illegal gold mining on indigenous land, in the heart of the Amazon rainforest, in Roraima state, Brazil April 18, 2016. REUTERS/Bruno Kelly/File PhotoBRASILIA, Jan 31 (Reuters) - Brazil is preparing a task force of armed forces, police and government agencies to expel illegal gold miners who invaded the Yanomami indigenous reservation, officials said on Tuesday. Defense Minister Jose Mucio said the military is needed to drive out the miners, who are well armed and have helicopters. Wapichana said the task force, as in past offensives against illegal miners, will involve the Federal Police, environmental protection agency Ibama, Funai and several ministries, as well as the military. Wapichana said the government will move against the organized crime and financial groups that supply and fund the illegal mining, and launder the gold.

[1/2] A car rides on an empty road near a frontline, amid Russia's attack on Ukraine, in Donetsk region, Ukraine January 29, 2023. In Paris after meeting Ukrainian Defence Minister Oleksii Reznikov, French Defence Minister Sebastien Lecornu said "there was no taboo" about supplying Kyiv with fighter planes. Russian forces on Tuesday made no headway in attempts to advance on Avdiivka, the second focal point of Russian attacks in Donetsk region, Kyiv's military general staff said. Russian forces also tried to advance near Lyman, a town further north in Donetsk region that was recaptured by Ukrainian forces in October, the military said. Russia was reaching further west in Donetsk by firing on the town of Vuhledar and a half dozen other towns and villages, the Ukraine military said.

☆ U.S. readies $2 billion-plus Ukraine aid package with longer-range weapons -sources
▼ + stars: | 2023-01-31 | by ( Mike Stone | ) www.reuters.com time to read: +3 min

The aid is expected to be announced as soon as this week, the officials said. It is also expected to include support equipment for Patriot air defense systems, precision-guided munitions and Javelin anti-tank weapons, they added. At the time it was expected GLSDB could be in Ukraine by spring. That aid was expected to include mine-resistant ambush-protected vehicles (MRAPs), guided multiple launch rocket systems (GMLRS) and ammunition. The U.S. has sent approximately $27.2 billion worth of security assistance to Ukraine since Russia's February 2022 invasion.

☆ SEC readies Wall Street 'conflicts' rule, a decade after first try
▼ + stars: | 2023-01-25 | by ( Douglas Gillison | ) www.reuters.com time to read: +3 min

An earlier version of the conflicts rule first proposed in 2011 was never finalized. When made effective with an SEC rule, the section would prohibit traders from betting against asset-backed securities they sold to investors. According to SEC officials, the rule would ban such actions for up to a year following sale of the securities. According to SEC officials, traders who disclosed bets contrary to clients' investments would still run foul of the rule. Without citing prominent recent examples of such conflicts of interest in the asset-backed securities market, SEC officials said the conflicts rule was needed to remove the opportunity and incentive for such conduct.

☆ Biden to name Jeff Zients as next chief of staff, source says
▼ + stars: | 2023-01-22 | by ( Nandita Bose | Jason Lange | ) www.reuters.com time to read: +2 min

WASHINGTON (Reuters) -U.S. President Joe Biden will name former COVID policy coordinator Jeff Zients as his next chief of staff, a source familiar with the matter said on Sunday, refreshing a key role as Biden readies a likely re-election bid and faces a probe of his handling of classified documents. FILE PHOTO: White House COVID-19 Response Coordinator Jeff Zients delivers remarks during a press briefing at the White House in Washington, U.S., April 13, 2021. REUTERS/Tom Brenner/File PhotoRon Klain, Biden’s current chief of staff, plans to leave his post in the coming weeks, sources familiar with the matter have told Reuters. Zients also served as an economic adviser to President Barack Obama’s administration, in which Biden served as vice president. The chief of staff position, considered one of the most important at the White House, is the senior political appointee responsible for driving the president’s policy agenda and ensuring appropriate staff members are hired.

☆ Thai AirAsia readies personnel as China travel resumes
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] A flight attendant participates in an annual aviation safety & emergency course as China reopens its borders, at Asia Aviation Academy in Bangkok, Thailand January 19, 2023. REUTERS/Chalinee ThirasupaBANGKOK, Jan 20 (Reuters) - Budget carrier Thai AirAsia (AAV.BK) is preparing its pilots and cabin crew for the return of Chinese tourists, previously its largest customer group, as the airline resumes routes across China. The airline plans to restart flights to eight Chinese cities including Chongqing, Guangzhou, Hangzhou, and Wuhan, for which cabin crew are undergoing refresher training courses. "In the flight, we should have at least one cabin crew who can speak Mandarin to communicate with passengers," said cabin crew member, Sakuna Puangpipat. Reporting by Napat Wesshasartar; Writing by Chayut Setboonsarng; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ EU Readies Subsidy Response to U.S. Clean-Tech Tax Breaks
▼ + stars: | 2023-01-17 | by ( Kim Mackrael | ) www.wsj.com time to read: 1 min

Olena Zelenska, Ukraine’s first lady, wearing a broach, and Ursula von der Leyen, president of the European Commission, at the World Economic Forum in Davos, Switzerland, on Tuesday. BRUSSELS—Europe aims to provide more support to its domestic clean-tech industry in a push to counter subsidies from the U.S. and China, European Commission President Ursula von der Leyen said Tuesday. In a speech to the World Economic Forum in Davos, Switzerland, Ms. von der Leyen said the transition away from fossil fuels was causing significant geopolitical and industrial changes. Ms. von der Leyen, who leads the EU’s executive arm, said many countries, including the U.S. and China, were investing heavily in clean technology and Europe would have to do the same to remain competitive.

BERLIN/FRANKFURT, Jan 17 (Reuters) - United Internet (UTDI.DE) subsidiary Ionos said on Tuesday it would undertake a prime standard listing of its shares this quarter on the Frankfurt Stock Exchange, as the web hosting company readies for an initial public offering (IPO). The offered shares are expected to come from the holdings of the subsidiary's two existing shareholders, United Internet and Warburg Pincus, with United Internet to retain a majority stake after the IPO, Ionos said. United Internet shares were up 1.8% to 22.23 euros in early Frankfurt trading. The intention to float document did not provide details on the target issue price or the number of shares to be offered. A source familiar with the matter told Reuters last week that Ionos could achieve a valuation of 5 billion euros ($5.42 billion) in a stake sale.

☆ UK PM Sunak seeks ‘constructive’ union talks as government readies contentious anti-strike laws
▼ + stars: | 2023-01-09 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

LONDON, Jan. 6: UK Prime Minister Rishi Sunak speaks to the media as he visits Harris Academy in Battersea. LONDON — U.K. Prime Minister Rishi Sunak is preparing to meet union leaders this week for what he hopes will be "constructive" talks as he seeks to halt nationwide industrial action, even as his government prepares controversial anti-strike legislation. His comments came just a day after his government announced new anti-strike laws in a bid to "enforce minimum service levels" across key public services, including the National Health Service, schools, rail networks, nuclear commissioning and the fire service. The legislation, which Sunak's government plans to introduce in Parliament within the next few weeks, would allow bosses to sue unions for disruption and sack employees who participated in industrial action. The full details of the plan may be laid out as soon as Thursday, according to The Times newspaper, but the initial announcement was met with outrage by union leaders.

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