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Russian forces continue to pummel eastern Ukraine in a bid to advance farther into the Donetsk region while Ukraine continues to suffer shortages of manpower and materiel. The commander-in-chief of Ukraine's armed forces, Oleksandr Syrskyi, said Monday that Russian forces were aiming to capture the town of Chasiv Yar in Donetsk by May 9, the date on which Russia commemorates Soviet victory in World War II. Chasiv Yar lies west of Bakhmut, which was captured by Russian forces last May. Capturing Chasiv Yar would give Russia another strategic gain in Donetsk and could allow it to advance on industrial hub Kramatorsk. Syrskyi did not present evidence for his claim.
Persons: Oleksandr Syrskyi, Chasiv Yar, Syrskyi Organizations: Russian Locations: Ukraine, Donetsk, Chasiv Yar, Russia, Soviet, Bakhmut
European markets are heading for a lower open Tuesday as investors are closely following developments in the Middle East. Geopolitical tensions are high following Iran's extensive drone and missile attack on Israel Saturday night. Allies have called for cool heads, warning that a much bigger war in the Middle East could be easily triggered. Asia-Pacific markets sold off as the world awaits Israel's response to Iran's air assault over the weekend. Most major markets in Asia lost about 2%.
Organizations: Reuters, U.S Locations: Israel, Asia, Pacific
European markets are heading for a mixed open Monday amid heightened geopolitical tensions following Iran's massive drone and missile attack on Israel Saturday night. Last week, expectations that an Iranian attack could be imminent rose after a suspected Israeli strike that killed top Iranian officials in Syria. Israel has vowed to retaliate but has signaled that it will bide its time. Asia-Pacific markets slipped Monday as traders weighed the impact of the attack, with focus also on key economic data from China and Japan later in the week. U.S. stock futures managed to tick higher Sunday as investors dealt with a multitude of issues, including Iran's attack and a spike in equity market volatility that sent the Dow Jones Industrial average to its worst week of the year last week.
Persons: Israel Organizations: Dow Locations: Israel, Syria, Asia, Pacific, China, Japan
Russia's Foreign Ministry on Sunday expressed "extreme concern over another dangerous escalation" in the Middle East following Iran's missile and drone strike on Israel. "We express our extreme concern at yet another dangerous escalation in the region. We have repeatedly warned that the numerous unresolved crises in the Middle East, primarily in the area of the Palestinian-Israeli conflict, which are often fueled by irresponsible provocative actions, will exacerbate tensions," the foreign ministry said on Telegram. "We call on all parties involved in the conflict to exercise restraint. We believe it is important for the constructively-minded international players to contribute to this effort," it added.
Organizations: Russia's, Ministry, Palestinian Locations: Israel
Ukraine's top military general warned Saturday that the battlefield situation in the east of the country, which continues to be the epicenter of the fiercest fighting in Ukraine, has deteriorated sharply. "The situation on the eastern front has significantly worsened in recent days," Oleksandr Syrskyi, commander-in-chief of Ukraine's armed forces, said on Telegram. Syrskyi said warm, dry weather had facilitated Russian forces' attacks on Ukrainian positions in the Lyman and Bakhmut areas of the Donetsk region in eastern Ukraine, with Russian "assault groups supported by armored vehicles," including dozens of tanks and infantry fighting vehicles. "Despite significant losses, the enemy is increasing efforts by deploying new units with armored vehicles, occasionally achieving tactical success," Syrsyki said. Nonetheless, Russian forces have made some notable advances in Luhansk and Donetsk in recent months, aided by their advantage in terms of manpower and supplies of artillery shells.
Persons: Oleksandr Syrskyi, Syrskyi, Syrsyki Organizations: Russian Federation, NBC News, Lyman Locations: Ukraine, Russian, Donetsk, Luhansk, Russia
Russian drone and missile strikes targeting infrastructure in several regions across Ukraine early Thursday show the need for more air defense systems, Ukraine's President Volodymyr Zelenskyy said. "Russian terrorists once again targeted critical infrastructure objects. Objects in other regions were also targeted: Kyiv, Zaporizhzhya, Odesa, and Lviv," Zelenskyy stated. "Each of our neighbors in Europe, each of our other partners sees how critical Ukraine's need for air defense is," he said, adding, "Air defense and other defense support are needed, not turning a blind eye and long discussions." Ukraine is growing frustrated at procrastination over additional military aid, with $60 billion of U.S. assistance blocked by Republican lawmakers.
Persons: Volodymyr Zelenskyy, Zelenskyy, Holly Ellyatt Organizations: Republican Locations: Ukraine, Kharkiv, Zaporizhzhya, Lviv, Europe, Russia, Russian
European markets are heading for a mixed open on Thursday as global investors digested the latest U.S. inflation data, which came in hotter than expected. European and U.S. stocks traded lower after the U.S. inflation data for March came in at 3.5% year on year, above the 3.4% expected by economists surveyed by Dow Jones and 0.3 percentage points higher than in February. Markets had expected the U.S. Federal Reserve to start cutting interest rates in June, with further cuts expected later this year, but that shifted dramatically following the release, with traders now expecting the first cut in September, according to CME Group calculations. European investors' focus is on the European Central Bank's monetary policy decision Thursday, with the central bank being closely watched for clues that it could start to cut rates in summer.
Persons: Dow Jones Organizations: Markets, U.S . Federal Reserve, Central Locations: U.S
European stocks are heading toward an upbeat open Wednesday as global markets look ahead to the release of U.S. inflation data for March. Economists surveyed by Dow Jones expect inflation to have increased 0.3% in March on a month-over-month basis and 3.4% from 12 months earlier, according to economists surveyed by Dow Jones. The CPI report, scheduled for release at 8:30 a.m. ET, will be closely watched globally as it will influence the U.S. Federal Reserve's rate policy.
Persons: Dow Jones Organizations: CPI Locations: U.S . Federal
European markets are heading for a negative start Tuesday as investors look ahead to more key economic data this week, including U.S. inflation figures out Wednesday. Markets continue to see a roughly 50% chance of a cut in March, according to CME's FedWatch tool, although Minneapolis Fed President Neel Kashkari last week raised the possibility of zero rate cuts this year if inflation remains sticky. U.S. stock futures were little changed overnight, while Asia-Pacific markets were mixed overnight as investors awaited consumer confidence data from Japan.
Persons: Neel Kashkari Organizations: Minneapolis Locations: Asia, Pacific, Japan
An aerial picture taken on April 8, 2024 shows the flooded part of the city of Orsk, Russia's Orenburg region, southeast of the southern tip of the Ural Mountains. On April 7, Russia declared a federal emergency in the Orenburg region, where the Ural river flooded much of the city of Orsk and is now reaching dangerous levels in the main city of Orenburg. Much of the city of Orsk has been flooded after torrential rain burst a nearby dam. Citing the local branch of Russia's Ministry of Emergency Situations, TASS news agency reported that at least 4,000 homes could also be affected. "Preventive measures are already being taken there, rescue teams have been strengthened, and the forces and means of the Russian Ministry of Emergency Situations have been put on high alert," the ministry said.
Persons: Anatoliy Zhdanov, ANATOLIY ZHDANOV, Vladimir Putin, Alexander Kurenkov, Putin, Organizations: Getty, Russia's Ministry, TASS, Russian Ministry Locations: Orsk, Russia's Orenburg, Russia, Siberia, Orenburg, Kurgan, Ural, Kazakhstan, Tyumen, Urals, Moscow
Ukrainian soldiers of a mortar team in 24th brigade are seen at positions near Toretsk, Ukraine on March 26, 2024. Anadolu | Anadolu | Getty ImagesBefore the two-year anniversary of Russia's war against Ukraine, defense experts widely predicted that the conflict would settle into a stalemate in 2024, leading neither side to make or lose a significant amount of territory. Russia's recent momentum — and ongoing worries over Ukraine's weaponry and ammunition shortages, as well as stalled U.S. military aid — are now prompting concerns that a stalemate might even be the "best-case scenario" that Kyiv can hope for this year. At worst, Ukraine could see Russian forces breaking through Ukraine's defensive positions along parts of the front line, one defense expert noted. Ukrainian servicemen of 24th brigade operate an 82mm mortar near the frontline in Toretsk as the war between Russia and Ukraine continues in Toretsk, Ukraine on March 27, 2024.
Persons: Ben Barry, Volodymyr Zelenskyy, Barry, Vladimir Putin, confidants, Evgenia Novozhenina, Ian Bremmer, Ukraine's, Metin Organizations: Anadolu, Getty, Land Warfare, Kremlin, Reuters Supply, Ukraine, Eurasia Group Locations: Toretsk, Ukraine, Moscow, Avdiivka, Russia, Russia’s, Donetsk, Luhansk, Russian, Iran, North Korea, Germany, U.S, Europe, Ukrainian, Izium, Kharkiv
Law enforcement officers stand guard near the Crocus City Hall concert venue following a reported shooting incident, near Moscow, Russia. Chief of the Military Intelligence of Ukraine, Kyrylo Budanov, attends the Kyiv Stratcom Forum 2024 in Kyiv, Ukraine, on March 27, 2024. Nurphoto | Nurphoto | Getty ImagesThe Islamic State (IS) militant group claimed it was behind the Moscow attack last Friday in which 143 died. Global Images Ukraine | Getty Images News | Getty ImagesBudanov claimed Russia knew where the combat groups would come from, and which countries the attackers would travel through to reach Russia. The damaged Crocus City Hall concert venue near Moscow, Russia, following an attack by gunmen.
Persons: Maksim Blinov, Budanov, Ukrinform, Kyrylo Budanov, Putin, Dmytro Kotsiubailo, Vladimir Putin, Alexander Bortnikov, Nikolai Patrushev —, , Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Vyacheslav Oseledko Organizations: Crocus City Hall, Sputnik, AP Russia, Hall, Russian Federation, Kyiv Stratcom, Military Intelligence, Nurphoto, Islamic, Kremlin, Directorate of Intelligence, Getty, Russia, concertgoers, Russia's Federal Security Service, Russian Ministry of Emergencies, Anadolu, Security, RIA Novosti, Russian Foreign, U.S, CNBC, Economic, Afp Locations: Crocus, Moscow, Russia, Syria, Ukraine, Kyiv, U.S, Russian, Bishkek
European markets are heading for a positive open Thursday, bouncing back from lackluster momentum earlier this week. Regional stocks closed slightly higher Wednesday, regaining steam after a subdued start to the session. On Thursday, investors will be keeping an eye out for earnings from Lloyd's of London and JD Sports Fashion will issue a trading update. German unemployment data and Italian consumer confidence data for March are due. Overnight in the Asia-Pacific region, Japan stocks fell the most among Asian markets Thursday, while Australian stocks hit a record high, helped by a boost from mining shares.
Organizations: London, JD Locations: Asia, Pacific, Japan
Ukraine's intelligence chief claimed on Wednesday that Russia was aware that a terrorist attack was being planned since at least Feb.15. The Islamic State militant group claimed it was behind the Moscow attack, but Russia has blamed Ukraine and its allies, saying they orchestrated the attack. Budanov claimed Russia knew where the combat groups would come from, and which countries the attackers would travel through to reach Russia. Similarly, Russia has not produced evidence to back up its claims that Ukraine and the West were behind the terrorist attack. Read more here: Russia knew of terrorist attack plot weeks ago, Ukraine's military spy chief says— Holly Ellyatt
Persons: Kyrylo Budanov, Dmytro Kotsiubailo, Budanov, Ukrinform, Read, — Holly Ellyatt Organizations: Directorate of Intelligence, Crocus City Hall, Russian Federation, Islamic State, White, Russia Locations: Ukraine, Kyiv, Russia, Crocus, Moscow, Syria
Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. An investigation into the attack is ongoing, but the latest, outlandish accusations give Moscow a problem: It now has to find the evidence to back up its unsubstantiated claims. What's particularly awkward for the Kremlin is that the Islamic State militant group has already claimed responsibility for the attack. Ukraine denies any involvement in the attack, saying it was "absolutely predictable" that Moscow would look to blame it. The White House said Ukraine had "no involvement whatsoever" in the attack and that any claim to the contrary was "Kremlin propaganda."
Persons: Vladimir Putin, It's, Andrius, Putin, David Cameron, concertgoers, Alexander Bortnikov, Nikolai Patrushev, Sergei Karpukhin, Nikolai Patrushev —, , Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Moscow, Margarita Simonyan, Putin's, Alexander Lukashenko, Rachabalizoda, Barotovich, Muhammadsobir, Shamsidin Fariduni, Tatyana Makeyevaolga Maltseva, Max Hess Organizations: General's, Getty, Ukraine, Crocus City Hall, Islamic State, West, Kremlin, Russia's Federal Security Service, Russian Security, AFP, Security, Islamic, RIA Novosti, Russian Foreign, U.S, Kremlin's, CNBC Wednesday, Institute for, Afp, Analysts, Foreign Policy Research Institute, CNBC, CIA Locations: Moscow, Russia, Ukraine, Crocus, Kyrgyzstan, Tajikistan, Ukrainian, Europe, Russian, U.S, Kyiv, Belarusian, Belarus, Basmanny, Soviet Union
European markets lose momentum, head toward flat open
  + stars: | 2024-03-27 | by ( Holly Ellyatt | ) www.cnbc.com   time to read: 1 min
European stocks are heading for a flat open Wednesday as market momentum wanes. Regional markets closed higher Tuesday but are set to start today's session around the flatline. Investors will be keeping an eye out for Spanish inflation data and French consumer confidence figures for March on Wednesday, as well as a trading update from clothes retailer H&M . Elsewhere overnight, U.S. stock futures were up modestly Tuesday night following a losing session on Wall Street that pulled the indexes further from record levels. Meanwhile, Asia-Pacific markets were mixed Wednesday as investors assessed economic data from China and Australia.
Locations: Asia, Pacific, China, Australia
"As for whether it is possible to say 'one way or another': you can say it any way you want. But (...) while the investigation is underway, the official authorities cannot afford to do any statements on this matter," Peskov told reporters, news agency Interfax reported. "Although I recommend that you very carefully reread President Putin's statements that he made over the last two days. Russia has presented no evidence that there was any involvement by Ukraine and Kyiv itself vehemently denies any role in the deadly attack on concertgoers. Eight suspects, nationals of Kyrgyzstan and Tajikistan, have been remanded in custody and charged with terrorism offenses ahead of trial.
Persons: Kirill KUDRYAVTSEV, KIRILL KUDRYAVTSEV, Vladimir Putin, Dmitry Peskov, Peskov, Putin, — Holly Ellyatt Organizations: Getty, Kremlin, concertgoers Locations: Zaryadye, Basil's, Moscow, AFP, Ukraine, Russia, Kyiv, Kyrgyzstan, Tajikistan
European markets are heading for a lackluster open Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S. Regional markets had a tentative start to the new trading week Monday and the lack of momentum looks set to continue Tuesday. Today, investors in Europe, the Middle East and Africa will be keeping an eye out as Nigeria's central bank publishes its latest monetary policy decision, and as earnings come from Smiths Group, Ocado Retail, Bellway and A.G. Barr. Asia-Pacific markets were mixed Tuesday as the U.S. market took a breather after a rally sparked by optimism over the Federal Reserve's interest rate stance at its latest meeting. U.S. stock futures traded near the flatline Monday night, after the major averages took a breather from their rally.
Organizations: U.S . Regional, Smiths Group, Ocado, Federal Locations: Europe, East, Africa, Barr, Asia, Pacific, U.S
Vasyl Maliuk, head of the Security Service of Ukraine, speaks to members of the Ukrainian Parliament on February 7, 2023. The head of Ukraine' Security Service (SBU) said more "special operations" will be carried out this year as Ukraine looks to inflict more damage on Russian military hardware and infrastructure. Everything needs to be done in the right time, you will see how it goes," Vasyl Maliuk said in an interview with ICTV that was reported by news agency Ukrinform. Maliuk claimed Ukrainian security agencies have destroyed 809 Russian tanks, as well as other armored vehicles and e-warfare systems since the start of the war. He also said the security service was operating attack drones both against Russian front-line positions and within Russia itself.
Persons: Vasyl Maliuk, Maliuk, Russia's, Holly Ellyatt Organizations: Security Service Locations: Ukraine, Ukrainian, Russia, Crimea
European markets had a tentative start to the new trading week Monday, as investors continued to digest a number of central bank policy decisions in Europe. The pan-European Stoxx 600 index closed 0.04% higher after finishing last week at a record high. European marketsHome improvement group Kingfisher , owner of brands such as B&Q and Screwfix, rebounded in afternoon deals to close up 2.5%. The stock dipped earlier in the session after issuing its third warning on profit in six months. The U.K.'s Direct Line meanwhile plunged 11% after Brussels-based Ageas on Friday confirmed it would not make a further offer for the fellow insurance firm.
Locations: Europe, Brussels
A man suspected of taking part in the Crocus City Hall attack waits for his pre-trial detention hearing at the Basmanny District Court in Moscow on March 24, 2024. Four men Russia says were involved in the deadly shootings at a concert hall on the outskirts of Moscow Friday night appeared in court late on Sunday. The men were charged with committing an act of terrorism when they appeared in the Basmanny district court, accused of carrying out an attack in the Crocus City Hall concert venue in which 137 concertgoers were killed and at least 140 were injured. The suspects, three of whom confirmed as Tajik nationals, appeared in the Basmanny district court late last night, looking disheveled and disoriented. One of the suspects was wheeled into court while another had a bandage removed from his eyes, revealing a black eye.
Organizations: Crocus City Hall, Islamic Locations: Crocus, Basmanny, Moscow, Russia
U.S. officials and defense experts agreed that it's highly likely that IS was responsible for the attack. President Volodymyr Zelenskyy said Saturday that "what happened yesterday in Moscow is obviously just Putin and the other scum trying to blame it on someone else." Moscow openly rebuffed and ignored a warning from the U.S. earlier in March that "extremists" had "imminent plants" to attack large gatherings in Moscow. Law enforcement officers stand guard near the Crocus City Hall concert venue following a reported shooting incident, near Moscow, Russia. Just days before the attack, Putin instructed Russia's security services to focus their efforts on supporting Russia's "special military operation" in Ukraine.
Persons: Vladimir Putin, Mikhail Metzel, Vladimir Putin's, Olga Maltseva, hasn't, Ukraine —, Putin, Ali Cura, Dmitry Medvedev, Medvedev, Volodymyr Zelenskyy, Maksim Blinov, Maximilian Hess, Hess, Putin's, Tatyana Makeyeva Organizations: Sputnik, Afp, Getty, Hall, Islamic State, Ukraine, West, Crocus City Hall, Anadolu, Russia's Security, NBC News, Foreign Policy Research Institute, CNBC, Islamic Locations: Russian, Moscow, Russia, Crocus, Ukraine, Kyiv, Europe, Basmanny, U.S, Chechen, Islamic State, Syria, Afghanistan
European markets are heading for a negative open Tuesday as global investors look ahead to the start of the U.S. Federal Reserve's two-day policy meeting. Recent inflation reports could prompt the central bank to signal that interest rates will remain higher for longer than expected. Fed funds futures currently forecast a 99% likelihood that the Fed will leave benchmark interest rates unchanged this week, according to the CME FedWatch Tool. Meanwhile, it's been a dramatic night for Asia-Pacific markets after investors assessed the latest central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia. The BOJ officially ended its negative interest rate policy at its March meeting, hiking interest rates for the first time in 17 years and raising its benchmark interest rate from -0.1% to a range of 0% to 0.1%.
Persons: it's Organizations: U.S, U.S . Federal, Bank of Japan, Reserve Bank of Australia Locations: U.S ., Asia, Pacific
Analysts share their views on what we can expect now that Putin has strengthened his grip on power, with the Ukraine war, domestic economic reforms and a possible government reshuffle key factors to watch. Having cleared more of a procedural hurdle than a real test of his policies and popularity in the election, Putin will have more freedom to advance contentious reforms at home, analysts note. Russian President Vladimir Putin delivering an annual address to the Federal Assembly of the Russian Federation, at Moscow's Gostiny Dvor, in Moscow on Feb. 29, 2024. MOSCOW, RUSSIA - JANUARY 8: (RUSSIA OUT) A woman eats hot corn while walking along the Red Square near the Kremlin, as air temperatures dropped to -18 degrees Celcius, January,8 2024, in Moscow, Russia. However, with the dynamics of the war now shifting in Russia's favor, Putin might feel more confident with the reshuffle.
Persons: Vladimir Putin, Natalia Kolesnikova, Vladimir Putin's, Putin, embolden Putin, Liam Peach, Jose Colon, Anton Siluanov, Tursa, Adeline Van Houtte, Donald Trump, Dmitry Peskov, Peach, he's, Sergei Shoigu, Sergei Lavrov, Mikhail Mishustin, Dmitry Medvedev, Gavriil Organizations: Afp, Getty, Kremlin, Commission, Analysts, U.S, Capital Economics, Anadolu, Anadolu Agency, Economist Intelligence Unit, Federal Assembly, Russian Federation, New, Putin, Security Council, Sputnik Locations: Crimea, Red, Moscow, Russia, Russian, Central, Ukraine, Bakhmut, Donetsk Oblast, Eastern Europe, Europe, U.S, Russia's, MOSCOW, RUSSIA
People attend a rally and a concert celebrating the 10th anniversary of Russia's annexation of Crimea at Red Square in Moscow on March 18, 2024. Russian President Vladimir Putin briefly attended an open-air rally in Moscow on Monday evening at which he told the crowd that the annexation of Crimea and other regions in Ukraine had been difficult but worthwhile. The rally and concert in Red Square marked the 10th anniversary of Russia's annexation of Crimea from Ukraine. "Just this morning, I was informed that the railway from Rostov to Donetsk to Mariupol and Berdyansk has been restored. And this will be another alternative road to the Crimean bridge," he said, in comments translated by Reuters.
Persons: Vladimir Putin, Putin, Berdyansk, Holly Ellyatt Organizations: Russian, Ukraine, Reuters Locations: Crimea, Red, Moscow, Ukraine, Russia, Rostov, Sevastopol, Donetsk, Mariupol
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