NEWSLETTER
Thursday / September 29Sep 29
Tuesday / March 15
US-China confrontation over Russia
The US warned China following intense talks Monday not to help Russia in its invasion of Ukraine.
Moscow has asked for military and economic aid from Beijing, according to US officials.
Russia denies the claim, saying it has sufficient resources to fulfil all of its aims. China's foreign ministry called the reports on assistance as "disinformation."
China signalled willingness to provide aid to Russia, a US official said, as national security adviser Jake Sullivan met with China's top diplomat Yang Jiechi in Rome.
"We have communicated very clearly to Beijing that we won't stand by," State Department spokesperson Ned Price told reporters on Monday. "We will not allow any country to compensate Russia for its losses."
The seven-hour meeting was "intense," officials said.
UK's Russia warning
Britain's Defence Ministry said in a tweet on Monday that Russia could be planning to use chemical or biological weapons in Ukraine in response to a staged fake attack on Russian troops.
It cited no evidence to support the assertion in what it called an intelligence update. US officials have made similar statements.
It said the Defence Ministry had seen no evidence to support Russia's accusations that Ukraine planned to use chemical and biological weapons.
The United Nations on Friday said it had no evidence Ukraine had a biological weapons program while Washington and its allies accused Russia of spreading the unproven claim as a possible prelude to launching its own biological or chemical attacks.
ICJ case
The International Court of Justice (ICJ) on Monday said it would rule in the case that Ukraine has brought against Russia on March 16.
In a hearing which was boycotted by Russia on March 7, Ukraine asked the court to order Russia to cease military activities because it said the invasion was based on a faulty interpretation of the UN genocide treaty.
Upcoming FOMC meeting
The Federal Reserve this week is expected to start to undo its massive economic help.
In the midst of a geopolitical crisis in Ukraine, the Fed is widely expected to start raising interest rates.
The soaring inflation that the Fed will focus on most when its meeting starts Tuesday.
Markets have little doubt the Fed will enact an increase of a 25 basis points at this meeting.
US stocks
Dow Jones Industrial Average futures rose by 70 points, or 0.21%. S&P 500 and Nasdaq 100 futures climbed 0.31% and 0.44%, respectively.
Earlier in the day, the S&P 500 declined 0.7%, while the tech-heavy Nasdaq Composite slid 2%. Both finished their seventh negative session in the past eight. Meanwhile, the Dow Jones Industrial Average finished flat after climbing as much as 450 points earlier in the day.
The US warned China following intense talks Monday not to help Russia in its invasion of Ukraine.
Moscow has asked for military and economic aid from Beijing, according to US officials.
Russia denies the claim, saying it has sufficient resources to fulfil all of its aims. China's foreign ministry called the reports on assistance as "disinformation."
China signalled willingness to provide aid to Russia, a US official said, as national security adviser Jake Sullivan met with China's top diplomat Yang Jiechi in Rome.
"We have communicated very clearly to Beijing that we won't stand by," State Department spokesperson Ned Price told reporters on Monday. "We will not allow any country to compensate Russia for its losses."
The seven-hour meeting was "intense," officials said.
UK's Russia warning
Britain's Defence Ministry said in a tweet on Monday that Russia could be planning to use chemical or biological weapons in Ukraine in response to a staged fake attack on Russian troops.
It cited no evidence to support the assertion in what it called an intelligence update. US officials have made similar statements.
It said the Defence Ministry had seen no evidence to support Russia's accusations that Ukraine planned to use chemical and biological weapons.
The United Nations on Friday said it had no evidence Ukraine had a biological weapons program while Washington and its allies accused Russia of spreading the unproven claim as a possible prelude to launching its own biological or chemical attacks.
ICJ case
The International Court of Justice (ICJ) on Monday said it would rule in the case that Ukraine has brought against Russia on March 16.
In a hearing which was boycotted by Russia on March 7, Ukraine asked the court to order Russia to cease military activities because it said the invasion was based on a faulty interpretation of the UN genocide treaty.
Upcoming FOMC meeting
The Federal Reserve this week is expected to start to undo its massive economic help.
In the midst of a geopolitical crisis in Ukraine, the Fed is widely expected to start raising interest rates.
The soaring inflation that the Fed will focus on most when its meeting starts Tuesday.
Markets have little doubt the Fed will enact an increase of a 25 basis points at this meeting.
US stocks
Dow Jones Industrial Average futures rose by 70 points, or 0.21%. S&P 500 and Nasdaq 100 futures climbed 0.31% and 0.44%, respectively.
Earlier in the day, the S&P 500 declined 0.7%, while the tech-heavy Nasdaq Composite slid 2%. Both finished their seventh negative session in the past eight. Meanwhile, the Dow Jones Industrial Average finished flat after climbing as much as 450 points earlier in the day.
