US Secretary of State Anthony Blinken told the UN Security Council on Thursday that this is “a moment of danger” for the life and safety of millions of people in Ukraine at the risk of a possible Russian invasion. Additional comments: Blinken tells the UN that “we do not see Russia lowering its forces“. Blinken […]
Tag: U.S.
US proposals are not constructive, ignore Russia’s key security concerns
In a written response to the US security proposals, Russia has told the US that its proposals were not constructive and ignore Moscow’s key concernsaccording to Reuters. Russia’s original security proposals were intended to be a complete package and did not give the United States a choice.. The US proposals raise doubts that Washington is […]
Russia says it has no plans to invade Ukraine – Interfax
According to Interfax, citing Russia’s response to US security assurances, Russia has no plans to invade Ukraine. However, Russia has not seen the full intention of the United States to adhere to the principle of indivisibility of security, Interfax reports. On the other hand, RIA reports that Russia has said that de-escalation would require Ukraine […]
We are concerned that Russia tries to stage a pretext for the invasion of Ukraine – Jens Stoltenberg
NATO Secretary General Jens Stoltenberg said on Thursday that the defensive alliance is concerned that Russia is trying to stage a pretext for an invasion of Ukraineas reported by Reuters. Stoltenberg has gone on to say that NATO has intelligence that Russia is trying to stage a false flag operation and reiterated that NATO nations […]
WTI crashes to $91.50, down $3.50 since early session
WTI has been selling off sharply in recent trading due to headlines suggesting a US-Iran nuclear deal is in the offing. A deal that removed US sanctions on Iranian oil exports could add more than 1 million bpd to global markets. WTI has fallen $2.0 in the last hour and is now down $3.50 from […]
Retail sales rebound 3.8% in January, beating expectations
The January retail sales report showed figures above expectations which boosted the dollar, albeit modestly. The Total sales rose 3.8% in January, rebounding after the 2.5% drop (revised from -1.9%) December; the data was higher than the expected increase of 2%. This is the largest monthly rise since March 2021. The sales without taking into […]
Western intelligence sees no credible signs of Russian de-escalation – Reuters
As reported by Reuters, citing a senior Western intelligence official, there are no credible signs of a Russian de-escalation. Russian military exercises are currently at their highest stagethe official has warned, and the risk of a Russian attack on Ukraine will remain elevated for at least the rest of the month. The intelligence official has […]
Russian attack on Ukraine remains a strong possibility — Vladimir Putin
US President Joe Biden he said in an address to the nation on Tuesday that a Russian attack on Ukraine remained a strong possibility, warning that the US has yet to verify that Russian units return home and that an invasion remains possible. However, Biden continued, diplomacy should have every chance of success and there […]
Empire Manufacturing Index rises to 3.1 in February against expectation of 12.15
The Index of Manufacturing Activity in the New York Region, known as Manufacturing Empire posted an advance in February from January’s -0.7 to 3.1. The data was below the market consensus which was for a higher bounce to 12.15. The price paid index remained at 76.6 and the price received index rose to a record […]
Producer Price Index rises 1% in January, higher than the expected increase of 0.5%
The figures of US wholesale inflation January were higher than expected, repeating what retail inflation showed last week. The Producer Price Index (IPP) rose 1% in January, more than the 0.5% increase expected by the market consensus, and higher than the 0.4% increase in December. The annual rate fell from 9.8% to 9.7%, which was […]