NEWSLETTER
Thursday / September 29Sep 29
Wednesday / April 6
AUKUS cooperation
The White House said Tuesday the United States, United Kingdom and Australia agreed to cooperate on developing hypersonic weapons and other defensive capabilities under the AUKUS security pact.
China's UN Ambassador Zhang Jun warned on Tuesday against measures that could fuel a crisis like the Ukraine conflict in other parts of the world when asked about the deal.
"Anyone who do not want to see the Ukrainian crisis should refrain from doing things which may lead the other parts of the world into a crisis like this. As the Chinese saying goes: if you do not like it, do not impose it against the others," Zhang said.
The US also announced earlier Tuesday that it completed its second in-flight test of a hypersonic cruise missile in mid-March.
Russian plans
Russia is likely to launch a new offensive in Ukraine's eastern Donbas region in the next few weeks, NATO Secretary-General Jens Stoltenberg said Tuesday.
Speaking a day before NATO foreign ministers gather in Brussels to discuss more financial, military and humanitarian support for Ukraine, Stoltenberg said Russia was planning a "very concentrated" offensive.
"We now see a significant movement of (Russian) troops away from Kyiv to regroup, re-arm and re-supply and shift their focus to the east. In the coming weeks, we expect a further Russian push in eastern and southern Ukraine to try to take the entire Donbas and to create a land bridge to occupied Crimea," Stoltenberg said before Wednesday's meeting of NATO foreign ministers.
Fresh sanctions
The Biden administration is set to announce additional sanctions targeting Russian financial institutions, as well as Kremlin officials and their family members on Wednesday.
The fresh sanctions package, taken in lockstep with European Union allies and the Group of 7 nations, will also ban new investment in Russia and state-owned enterprises, sources told NBC News.
News of the additional measures follows rounds of coordinated sanctions that have vaulted Russia past Iran and North Korea as the world’s most-sanctioned country.
US stocks
US stocks fell on Tuesday following remarks from Federal Reserve Governor Lael Brainard indicating a more aggressive approach to the central bank’s tightening policy.
The Dow Jones Industrial Average lost 300 points, or 0.8%, while the S&P 500 fell 1.3% after posting two straight days of gains. The Nasdaq Composite shed 2.3%, stepping back a 1.9% pop in the prior session.
Brainard, who is typically considered one of the more dovish Fed members, said the central bank needs to shrink its balance sheet “rapidly” to drive down inflation.
“Inflation is much too high and is subject to upside risks,” she said, noting the Fed needed a steady pace of rate hikes as well.
The White House said Tuesday the United States, United Kingdom and Australia agreed to cooperate on developing hypersonic weapons and other defensive capabilities under the AUKUS security pact.
China's UN Ambassador Zhang Jun warned on Tuesday against measures that could fuel a crisis like the Ukraine conflict in other parts of the world when asked about the deal.
"Anyone who do not want to see the Ukrainian crisis should refrain from doing things which may lead the other parts of the world into a crisis like this. As the Chinese saying goes: if you do not like it, do not impose it against the others," Zhang said.
The US also announced earlier Tuesday that it completed its second in-flight test of a hypersonic cruise missile in mid-March.
Russian plans
Russia is likely to launch a new offensive in Ukraine's eastern Donbas region in the next few weeks, NATO Secretary-General Jens Stoltenberg said Tuesday.
Speaking a day before NATO foreign ministers gather in Brussels to discuss more financial, military and humanitarian support for Ukraine, Stoltenberg said Russia was planning a "very concentrated" offensive.
"We now see a significant movement of (Russian) troops away from Kyiv to regroup, re-arm and re-supply and shift their focus to the east. In the coming weeks, we expect a further Russian push in eastern and southern Ukraine to try to take the entire Donbas and to create a land bridge to occupied Crimea," Stoltenberg said before Wednesday's meeting of NATO foreign ministers.
Fresh sanctions
The Biden administration is set to announce additional sanctions targeting Russian financial institutions, as well as Kremlin officials and their family members on Wednesday.
The fresh sanctions package, taken in lockstep with European Union allies and the Group of 7 nations, will also ban new investment in Russia and state-owned enterprises, sources told NBC News.
News of the additional measures follows rounds of coordinated sanctions that have vaulted Russia past Iran and North Korea as the world’s most-sanctioned country.
US stocks
US stocks fell on Tuesday following remarks from Federal Reserve Governor Lael Brainard indicating a more aggressive approach to the central bank’s tightening policy.
The Dow Jones Industrial Average lost 300 points, or 0.8%, while the S&P 500 fell 1.3% after posting two straight days of gains. The Nasdaq Composite shed 2.3%, stepping back a 1.9% pop in the prior session.
Brainard, who is typically considered one of the more dovish Fed members, said the central bank needs to shrink its balance sheet “rapidly” to drive down inflation.
“Inflation is much too high and is subject to upside risks,” she said, noting the Fed needed a steady pace of rate hikes as well.
