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Russian President Vladimir Putin was upbeat after winning a fifth term in power in Russia's presidential election over the weekend. He chose the moment to make his first public remarks on the death of his political nemesis, Russian opposition leader Alexei Navalny, mentioning his name for the first time in years. Navalny's family and supporters accused Putin of ordering Navalny's death. He also used the moment to make his first public comments on Navalny's death, and mentioning his most vocal critic's name for the first time in public in years. Putin won Russian presidential election with 87.97% of the vote, first official results showed Anadolu | Anadolu | Getty Images
Persons: Vladimir Putin, Alexei Navalny, Putin, Natalia Kolesnikova, , Laudator Ursula von der Leyen, Bambi, NBC's Keir Simmons, Navalny, Mr Navalny, Navalny's, Maria Pevchikh, airbrushing Organizations: Afp, Getty, Navalny, European Commission, Bavaria Film Studios, NBC, Russian, Moscow Times, Putin's, Ukraine, Reuters, Commission, Anadolu Locations: Russia, Moscow, U.S
European markets are heading for a lackluster start to the new trading week, with global investors looking ahead to the next monetary policy meeting of the U.S. Federal Reserve. The Fed will start its Federal Open Market Committee meeting on Tuesday with a police decision due the next day. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at 5.25% to 5.5%. Overnight, Japan's Nikkei 225 index led gains in Asia-Pacific markets on Monday, while China shares extended gains after data showed its economy kicked off the year on a strong note. U.S. stock futures climbed on Monday morning.
Organizations: U.S . Federal Reserve, Open, Nikkei Locations: Asia, Pacific, China
Mikhail Svetlov/Getty ImagesThere are no surprises over who will win Russia's presidential election this coming weekend with incumbent, Vladimir Putin, set to win a fifth term in office, keeping him in power until at least 2030. The heavily stage-managed vote taking place from Friday to Sunday is not expected to throw up any nasty surprises for the Kremlin which told CNBC months ago that it was confident Putin would win the vote comfortably. That's particularly the case in a country where Russian opposition figures are not represented on the ballot paper or in mainstream politics, with most activists having fled the country. "According to official data, Putin received 77.5% of valid votes in the 2018 presidential election that saw a turnout of 67.5%. Russian opposition activists, most in self-imposed exile in order to evade arrest, imprisonment or attack, have also condemned the election.
Persons: Vladimir Putin, Mikhail Svetlov, Putin, That's, Alexei Navalny, there's, Vladislav Davankov, Leonid Slutsky, Nikolay Kharitonov, Russia's, Yekaterina Duntsova, Boris Nadezhdin, Andrei Kolesnikov, , Diego Herrera Carcedo, Andreas Tursa, Russian Federation's, Yulia Navalnaya, Dmitrii, we're Organizations: Kremlin, CNBC, New People, Liberal Democratic Party, Communist Party, Russia's, Commission, Levada, Carnegie Russia Eurasia Center, Anadolu Agency, Getty, Putin, Teneo, Russian Democratic Society, Festival Locations: Kremlin, Ukraine, Russia, Klishchiivka, Donetsk Oblast, Europe, Kyiv, Crimea, Zaporizhzhia, Kherson, Donetsk, Luhansk, Russian, London, Sirius, Sochi, Stavropolsky Krai, Krasnodar Krai
The White House said it had no reason to adjust the U.S.' "nuclear posture" after comments by Russian President Vladimir Putin Wednesday in which he said his country was "technically" ready for nuclear war. In other news, Russian-installed officials at the Zaporizhzhia nuclear power plant in southern Ukraine accused Ukraine's armed forces of shelling critical infrastructure at the plant on Thursday. On Thursday, officials at the site said the plant had been shelled and that an explosive device was dropped into an area where tanks with diesel fuel were located, adding that the action could have had "dire consequences." Russia has occupied the plant since March 2022, with the nuclear facility being a focal point of tensions and skirmishes between Ukrainian and Russian forces. CNBC was unable to verify the latest claims.
Persons: Vladimir Putin, Ukraine's Organizations: CNBC Locations: Russian, Ukraine, Russia
European markets were headed for a lower open Thursday with investors keeping an eye out for another key U.S. inflation reading for February. The producer price index, which measures wholesale inflation, is set for release before the U.S. trading session kicks off. Economists polled by Dow Jones anticipate headline PPI to have climbed by 0.3% in February, or 0.2% after excluding food and energy prices. The PPI report is the last major piece of economic data to be released prior to the U.S. Federal Reserve's next policy meeting on March 19-20. U.S. stock futures inched higher on Wednesday night while Asia-Pacific markets were largely range-bound on Thursday, with investors focused on Japan's spring wage negotiations and India's wholesale inflation data.
Persons: Dow Jones, Lisa Kailai Han Organizations: PPI, U.S, U.S . Federal Locations: U.S ., Asia, Pacific
Russian President Vladimir Putin gestures during a meeting with participants of the International Youth Festival, March 6, 2024 in Sirius territory, Sochi, Russia. Russian President Vladimir Putin said Russia is technically ready for a nuclear war but cautioned that such an eventuality is not a near-term prospect. "Therefore, I don't think everything is rushing to it [toward a nuclear war]," Putin said in comments translated by Google. Putin said Russia could resort to using nuclear weapons if the state was in danger, noting that "Weapons exist in order to be used. He said Russia would be ready to conduct nuclear tests if the U.S. did so, stating, "If they conduct such tests ...
Persons: Vladimir Putin, Putin, Ukraine's, Joe Biden, Biden, — Holly Ellyatt Organizations: Festival, RIA Novosti, NATO, Google Locations: Sirius, Sochi, Russia, Stavropolsky Krai, Krasnodar Krai, Ukraine, U.S
European markets are heading for a mixed open Wednesday as investors digested the latest U.S. inflation report. Regional markets extended gains on Tuesday after U.S. inflation figures for February showed a rise of 0.4% for the month and an increase of 3.2% from a year ago. U.S. stock futures were calm on Tuesday evening after the gains on Wall Street. Asia-Pacific markets were mixed overnight. Earnings are due from Inditex, Adidas and VW in Europe on Thursday, and data releases include euro zone industrial production figures for January.
Persons: Dow Jones Organizations: Nasdaq, Adidas, VW Locations: Asia, Pacific, Europe
Russian President Vladimir Putin making a speech at the second Eurasian Economic Forum on May 24, 2023, in Moscow, Russia. In an interview with pro-Kremlin media published Tuesday, Putin laid out his vision for relations with the West, war and peace. 1) Russia 'technically' ready for nuclear warPutin was again keen to point out that Russia is ready for a nuclear war on a technical and military level. Nonetheless, Putin said Russia would be ready to conduct nuclear tests — if the U.S. did so. It's estimated that the war has cost Russia at least 315,000 dead and wounded troops during two years of war in Ukraine.
Persons: Vladimir Putin, Putin, Dmitry Kiselev, Mikhail Klimentyev, Ria Novosti, Rossiya, We've, Ukraine's, Joe Biden, Jens Stoltenberg, Volodymyr Zelenskyy, Ludovic Marin, Emmanuel Macron Organizations: Economic Forum, Getty, Kremlin, RIA Novosti, Ukraine Rossiya, It's, Afp, Ria, Russian Federation —, NATO, AFP, Ukraine Locations: Moscow, Russia, U.S, Ukraine, Crimea, Europe, Paris
Russian authorities said seven regions were targeted by a wave of Ukrainian drones overnight, with attacks carried out against the Belgorod, Bryansk, Kursk, Leningrad, Moscow, Oryol and Tula regions. Air defense systems destroyed and intercepted 25 Ukrainian drones (also known as UAVs, unmanned aerial vehicles) overnight over the regions, the Russian Ministry of Defense said, according to a statement published by the Tass news agency. In a separate report, Tass cited the defense ministry as saying it had foiled a separate attempt to target the border region of Belgorod with missiles and shelling. "In the morning, the Kstovo industrial zone, a fuel and energy complex facility, was attacked by unmanned aerial vehicles. Ukraine has repeatedly targeted Russian territory with drones on previous occasions, however, particularly targeting energy and fuel infrastructure, such as oil refineries.
Persons: Gleb Nikitin, Holly Ellyatt Organizations: Russian Ministry of Defense, Tass, Russian Federation, Ukrainian Armed Forces, Ministry of Defense, CNBC Locations: Belgorod, Bryansk, Kursk, Leningrad, Moscow, Oryol, Tula, Kiev, Nizhny Novgorod, Ukraine
European markets are heading for a higher open Tuesday as global investors await the latest U.S. inflation report. The February reading of the consumer price index, which is set to be released on Tuesday at 8:30 a.m. ET, is being closely watched to see how it could inform the Federal Reserve's interest rate trajectory. Economists expect that prices across a broad spectrum of goods and services rose 0.4% on the month, just ahead of the January pace of 0.3%, according to the Dow Jones consensus.
Persons: Dow Jones
European markets are heading for a negative open to start the new trading week, following declines in the Asia-Pacific region overnight. Japan stocks led losses in Asia-Pacific markets after the country averted a technical recession, paving the way for its central bank to raise rates, while investors also assessed China's inflation numbers. U.S. stock futures fell slightly Sunday night after the Dow Jones Industrial Average closed out its worst week since October. Investors are also looking ahead to inflation data due out later this week.
Organizations: Dow Jones Locations: Asia, Pacific, Japan
Ukraine's Ministry of Defense said last October that almost 43,000 women are currently serving in the military, a 40% increase since 2021, before Russia's full-scale invasion. Female combatants in Ukraine say the war is changing societal perceptions of a woman's strength, capabilities and worth, but change doesn't happen overnight. "At anything else, military women are no different from men ... [and] the more women there are who perform their duties well, the better the attitude towards military women becomes. Ukraine's defense ministry is also keen to highlight efforts it has made to level the playing field for female recruits. It's a far cry from 2021 when Ukrainian female troops were photographed practising for a parade wearing high heels with onlookers calling the policy sexist and idiotic.
Persons: Tsybukh, Olena Bilozerska, I'm, Bilozerska, Bilozeska, Olena, Metin, Volodymyr Zelenskyy, , It's, Drahaniuk, Yuliia Organizations: Ukrainian, Assault Brigade, Anadolu, Getty, Ukraine's Ministry of Defense, CNBC, Medical Battalion, Anadolu Agency, Ukraine, Ministry of Defense Locations: Zaporizhzhia, Ukraine, Russia, Crimea, Donbas, Ukraine's, Donetsk, Ukrainian, Lviv, Soviet, Kyiv, Yuliia
Many growth stocks are becoming expensive, prompting some investors to turn to value stocks. "The S&P 500 at 5,075 with expected earnings growth of 10% for 2024 gives us $243 a share and puts us at 21X earnings - its pricey, plain, and simple," said Brian Szytel, senior managing director of The Bahnsen Group, in late February. The S&P 500 closed around 5,078 on Tuesday. "I would however, own parts of the market shift to more value-oriented names and believe that rotation that started in 2022 from growth to value will resume. Those interested in value stocks can consider the following from CNBC Pro's screen of the Vanguard Value ETF.
Persons: Brian Szytel, Weizhen Tan Organizations: CNBC, Vanguard
European markets are heading for a higher open Tuesday as investors in the U.K. prepare for the 2024 budget statement. The budget, which will be presented to the British Parliament by Chancellor Jeremy Hunt, outlines the government's plans for taxation and spending. They will be seeking more clarity on where the central bank stands on monetary policy and looking for clues on the pace and timing of anticipated interest rate cuts this year. The central bank leader will speak before the Senate Banking Committee on Thursday. Asia-Pacific markets were mixed Wednesday, with Hong Kong stocks leading gains in the region and up over 2%.
Persons: Chancellor Jeremy Hunt, Jerome Powell's Organizations: National Insurance, Nasdaq, Financial, CSI, Apple Locations: Asia, Pacific, Hong Kong, China
First lady of Ukraine Olena Zelenska arrives at the White House with President Volodymyr Zelensky on September 21, 2023 in Washington, DC. Ukraine's First Lady Olena Zelenska will not be attending U.S. President Joe Biden's State of the Union address Thursday because of a scheduling conflict, her spokesperson said. "The Embassy of Ukraine in the USA received an invitation for the First Lady of Ukraine to be present on March 7 during the Union address to Congress by the President of the United States," Tetyana Gaiduchenko said. There has been speculation that Zelenska declined the invitation on learning that Yulia Navalnaya, the wife of the late Russian opposition leader Alexei Navalny, had also been invited to the prestigious event. The Washington Post reported that Navalnaya's potential presence was uncomfortable for the Ukrainians because of Navalny's past statements that Crimea, which Putin annexed in 2014, belonged to Russia.
Persons: Ukraine Olena Zelenska, Volodymyr Zelensky, Olena Zelenska, Joe Biden's, Tetyana Gaiduchenko, Zelenska, Yulia Navalnaya, Alexei Navalny, Putin, Biden, Donald Trump, — Holly Ellyatt Organizations: White, USA, NBC, Washington Post, U.S, Republican Locations: Ukraine, Washington ,, Joe Biden's State, United States, Kyiv, Crimea, Russia
European stocks are heading for a lower open as markets struggle to find positive momentum ahead of the European Central Bank meeting later this week. The ECB is expected to hold interest rates steady on Thursday even as inflation shows more signs of easing. Asia-Pacific markets are mixed as China's "Two Sessions" meeting got under way, with investors watching out for the details of its economic plans after the country projected a gross domestic product growth target of "around 5%" for 2024. The country is set to boost its defense spending by 7.2% in 2024. U.S. stock futures ticked lower Monday night after the Nasdaq Composite retreated from its record high.
Organizations: European Central Bank, ECB, Nasdaq Locations: Asia, Pacific
Russian Foreign Ministry building is seen behind the Army billboard reading "Our Defenders! Zakharova said Tuesday that Western ambassadors in Moscow were interfering in Russian affairs and questioned their business in Russia. "They devote all their time - I mean the Western part of the ambassadors, the ambassadors of Western countries, NATO - to only one thing ... Zakharova also said that Russia would expel German journalists working in the country if Berlin decided to "touch" Russian reporters. Zakharova claimed that Germany intended to expel Russian journalists and to not renew their visas or accreditation to work in the country.
Persons: Maria Zakharova, Zakharova, Sergei Lavrov, Holly Ellyatt Organizations: Russian, Ministry, Russia's, Russian Foreign, NATO, RIA Novosti, CNBC Locations: Moscow, Berlin, Russia, Germany, Ukraine, Russian
Mikhail Svetlov/Getty ImagesMoscow is continuing its saber-rattling over the pro-Russian region of Transnistria in Moldova, and analysts are saying that while Russian authorities would find it hard to physically reach the breakaway region to annex it, there are still ways it can stir up pro-Russian unrest — and trouble for Moldova. All U.N. members consider the region to be part of Moldova, which has expressed a desire to reintegrate the region. Similarly to Ukraine, Moldova has a pro-Western government and wants to join the European Union. Problematically for Russia, Moldova and Transnistria are landlocked, sandwiched between Romania and Ukraine. CNBC has asked the Kremlin to comment on concerns that Moscow could look to destabilize Moldova and is awaiting a response.
Persons: Vladimir Putin, Mikhail Svetlov, Russia, Problematically, it's, Ian Bremmer, doesn't, Maia Sandu, Putin, Sergei Lavrov, Abdoulaye Diop, Maxim Shipenkov, Lavrov, Bogdan Tudor Organizations: Getty, Moldovan, Kremlin, Russia's Defense Ministry, European Union, Eurasia Group, Gazprom, Western, CNBC, Foreign Affairs, Cooperation of, Reuters, Russian, West, RIA Novosti, Google, Russian Federation, Institute for, EU, Afp Locations: Kremlin, Moscow, Russian, Transnistria, Moldova, Russia, Ukraine, Moldovan, Romania, Cooperation of Mali, Reuters Russia, Central Asia, USSR, Sochi, Donetsk, Luhansk, South Ossetia, Abkhazia, Georgia
European markets are expected to start the new trading week in mixed territory Monday. Last week, regional markets ended the week higher as investors assessed fresh inflation data out of the euro zone that showed the headline consumer price index fell to 2.6% in February, from January's 2.8%. Economists polled by Reuters had forecast a headline reading of 2.5%. In Asia-Pacific markets Monday, Japan's Nikkei 225 crossed the 40,000 mark, gaining 0.46% and setting a record high after the S&P500 and the Nasdaq Composite hit fresh all-time highs on Friday. U.S. stock futures were little changed Sunday night after the tech-heavy Nasdaq Composite posted a record-high Friday, breaking its 2021 record, as stocks attempt to continue their weeks-long rally.
Organizations: Reuters, Nikkei, Nasdaq, West Texas Locations: January's, Asia, Pacific, Saudi Arabia, Russia
Germany's Defense Minister Boris Pistorius has accused Russia of conducting an "information war" against Berlin to create divisions within the country. That comes after the Russian leak last Friday of a 38-minute audio recording of German military officials discussing Ukraine. In Germany's first reaction to the leak, Pistorius said Sunday that the leak — an embarrassment for Berlin that raised questions over basic military security protocol — was "part of an information war that [Russian President Vladimir] Putin is waging." "It is a hybrid disinformation attack. It is about undermining our unity," a Reuters translation of the comments stated.
Persons: Boris Pistorius, Pistorius, Vladimir, Putin Organizations: Germany's Locations: Russia, Berlin, Ukraine
Anadolu | Anadolu | Getty ImagesEarly on in the war with Russia, Ukraine's successes on the battlefield prompted warnings from defense analysts that Moscow — with its back against the wall militarily — could lash out, using a nuclear weapon on Ukrainian soil. Defense analysts noted that the more successes Ukraine saw, the more dangerous and unpredictable its opponent Russia could become as it sought to regain the initiative. That, in turn, would make the war much harder and more dangerous for Russia. Russian President Vladimir Putin speaks during his annual state of the nation address, on February 29, 2024, in Moscow, Russia. All this really threatens a conflict with the use of nuclear weapons and the destruction of civilization.
Persons: Oleksandr Syrskyi, , Ignacio Marin, Christopher Granville, Alexander Ermochenko, Emmanuel Macron, Macron, Vladimir Putin, Putin Organizations: Brigade, Anadolu, Getty, Moscow, Defense, Analysts, Global Political Research, TS Lombard, Service, Reuters, Ukrainian, NATO, West, Russian Locations: Russia, Ukraine, Donbas, Donetsk Oblast, Ukrainian, Avdiivka, Donetsk, Moscow, Russian, Volnovakha, U.S, Canada, Paris
Russia's Elections Commission said that the pro-Kremlin United Russia part had won local elections in four regions of Ukraine occupied by Russian forces, in a vote dismissed by Kyiv. Germany, the U.K., Spain, Poland and NATO's Secretary General Jens Stoltenberg were among those denying that sending ground troops into Ukraine was an option. The Kremlin had warned earlier Tuesday that such a move would lead to an "inevitable" conflict between NATO and Russia. Since then, state-run Russian media has been dominated by Russian officials relishing the obvious division in NATO, and Macron's apparent misreading of the NATO mood music. She claimed NATO countries' denials that they planned to send their ground troops into Ukraine showed the West had "betrayed Ukraine and will continue to use and betray it," repeating Moscow's baseless claims that Western countries are using Ukraine to destroy Russia.
Persons: Alexander NEMENOV, ALEXANDER NEMENOV, Emmanuel Macron, Jens Stoltenberg, Macron, Vyacheslav Volodin, Volodin, Maria Zakharova, — Holly Ellyatt Organizations: Commission, Kremlin, Kyiv, Getty Images, NATO, NATO's, Foreign Ministry, Ukraine —, Russian Foreign, Sputnik, Tass Locations: St, Basil's, Moscow, Russia's, Kremlin United Russia, Ukraine, AFP, Germany, Spain, Poland, Russia, NATO, Russian
European markets are heading for a higher open Thursday as investors look ahead to key inflation reports in both the U.S. and Europe. Stateside, personal consumption expenditures price index data (the U.S. Federal Reserve's preferred measure of inflation) for January is due, and will be watched closely to see how it could affect the Fed's interest rate path. German, Spanish and French inflation data for February is also set to be released in Europe. It's a busy day for regional earnings, with AF-KLM, Veolia, Adecco Group, EDP, IAG, Ocado, ITV, Man Group, Schroders, Covestro and Anheuser-Busch InBev all reporting. U.S. stock futures fell overnight as Wall Street weighed the latest earnings results and looked ahead to the Federal Reserve's favored inflation gauge.
Persons: U.S . Federal Reserve's, It's Organizations: U.S, U.S . Federal, AF, KLM, Veolia, Adecco, ITV, Man, Anheuser, Busch InBev, Federal Locations: Europe, U.S ., Ocado, Asia, Pacific
Russian President Vladimir Putin during a meeting with his confidants for the 2024 election at Gostiny Dvor in Moscow, Russia, on Jan. 31, 2024. Maxim Shemetov | ReutersSpeculation is mounting that Russian President Vladimir Putin will use his annual address to Russian lawmakers Thursday to announce that Russian troops will be sent to "protect" the pro-Russian, breakaway region of Transnistria in Moldova. Officials in the separatist region appealed to Russia on Wednesday for "protection" against Moldova's pro-Western government. "We keep a close eye and reiterate that the Transnistrian region is aligned with the goal of peace and security of Moldova. A map of Moldova, including the breakaway region of Transnistria.
Persons: Vladimir Putin, Maxim Shemetov, , Putin, Moldova's, Daniel Voda, Matthew Miller, Tursa, Russia's, Ivana Stradner, Daniel Mihailescu Organizations: Gostiny Dvor, Reuters, Moldova's, Russia's Foreign, RIA Novosti, Analysts, Federal, U.S . State Department, EU, Getty Russia, United Nations, Defense, Democracies, CNBC, Kremlin, Russian Federation, Institute for, Afp, Getty Locations: Moscow, Russia, Transnistria, Moldova, Soviet Union, Europe, Pridnestrovie, Moldavian Republic, Transnistrian, Ukraine, Donetsk, Luhansk, Russian, South Ossetia, Abkhazia, Georgia, Washington, U.S, Kherson, Mykolaiv, Odesa, Chisinau
In this pool photograph distributed by Russian state agency Sputnik, Russia's President Vladimir Putin addresses the audience during the Future Technologies Forum at the World Trade Center in Moscow on February 14, 2024. Russian President Vladimir Putin said Russia is united as it faces the threats of "international terrorism" and challenges to its sovereignty posed by the "colonial West" that, he said, was trying to "bring discord to our home." "We shall overcome everything together," Putin said as he introduced his address, according to a BBC feed. He praised Russian citizens, industries and businesses, and the country's troops in Ukraine, for their efforts in defending "the Motherland." "We have proven that we are prepared to solve the most difficult tasks and rise to the most difficult challenges," Putin said.
Persons: Vladimir Putin, Putin, Russia's Organizations: Sputnik, Future Technologies, World Trade Center, Russian, West, NATO, Moscow, U.S Locations: Russian, Moscow, Russia, Ukraine, Nazi
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