Ukraine prepares armed response as city seized by pro-Russia forces

April 13, 2014

Ukraine_Russia_forcesKiev/Moscow, Apr 13: Armed separatists took control of a city in eastern Ukraine on Saturday and Kiev prepared troops to tackle what it called an "act of aggression by Russia", pushing the conflict between the neighbors into a dangerous new phase.

Pro-Russian activists carrying automatic weapons seized government buildings in Slaviansk, a town about 150 km (90 miles) from the Russian border, and set up barricades on the outskirts of the city.

In Kramatorsk, some 80km (50 miles) to the north, gunmen seized the police station after a shootout with police, a Reuters witness said.

Government buildings in several other towns in the Donetsk and Luhansk regions were attacked in what Washington said were moves reminiscent of the events that preceded Russia's annexation of Ukraine's Crimean peninsula.

"We are very concerned by the concerted campaign we see under way in eastern Ukraine today by pro-Russian separatists, apparently with support from Russia, who are inciting violence and sabotage and seeking to undermine and destabilize the Ukrainian state," said Laura Lucas Magnuson, spokeswoman for the White House National Security Council.

"We saw similar so-called protest activities in Crimea before Russia's purported annexation," she said in a statement, adding: "We call on President (Vladimir) Putin and his government to cease all efforts to destabilize Ukraine, and we caution against further military intervention."

US vice president Joe Biden will travel to Kiev on April 22 to show support for Ukraine's government, the White House said on Saturday. He will be the most senior US official to visit the country since the crisis began there.

The West accuses Russia of destabilizing the region as a pretext to potentially sending in troops to protect the local Russian-speaking population, as it did in Crimea. NATO says Russian armed forces are massing on Ukraine's eastern border, while Moscow says they are on normal maneuvers.

Any escalation would increase the risk of a "gas war" that could disrupt energy supplies across Europe.

'Display of aggression'

Ukrainian interior minister Arsen Avakov called the attacks in the east "a display of external aggression from Russia."

"Units of the interior and defense ministries are implementing an operational response plan," he added.

Russian Foreign Minister Sergei Lavrov said Ukraine was "demonstrating its inability to take responsibility for the fate of the country" and warned that any use of force against Russian speakers "would undermine the potential for cooperation" including talks due to be held on Thursday among Russia, Ukraine, the United States and the European Union.

In a phone call with Lavrov, US Secretary of State John Kerry "made clear that if Russia did not take steps to de-escalate in eastern Ukraine and move its troops back from Ukraine's border, there would be additional consequences," a senior State Department official said.

The official did not state what the consequences would be.

The United States and EU have slapped sanctions on Russian officials and leading business figures in response to Moscow's annexation of Crimea. The Canadian government said on Saturday it imposed sanctions on two more individuals and a Crimean oil and gas company in response to the crisis.

Moscow has scoffed at the Western measures.

In Slaviansk, at least 20 men with pistols and automatic weapons took over the police station and a security service headquarters before spreading out through the city.

Officials said the militants, wearing mismatched combat fatigues, balaclavas and bulletproof vests, seized hundreds of pistols from weapons stores in the buildings.

The city's mayor said she supported the protesters, and more than a thousand people gathered in front of the police station, chanting: "Moscow, Crimea, Russia!".

They cheered as the Ukrainian flag was replaced with the blue, black and red of the self-declared Donetsk Republic.

"We want to join Russia. We would be very grateful if Russia helps us," said a gunman who gave his name as Alexander, wearing camouflage fatigues and a black balaclava mask.

"We will stand until victory. Honestly, it's not scary for me to die for freedom."

On a road into Slaviansk, men with automatic rifles set up a roadblock and checked vehicles entering the city.

It was unclear if local law enforcement agencies were taking orders from Kiev any more after the regional police chief quit.

Kostyantyn Pozhydayev came out to speak to pro-Russian protesters at his offices in the regional capital, Donetsk, and told them he was stepping down "to avoid bloodshed".

Ukrainian commentator Sergei Leshchenko said the burst of activity by pro-Russian groups was an attempt by the Kremlin to secure a strong negotiating position before the international talks about Ukraine in Geneva next week.

Russia is expected to argue at the talks for a revamp of Ukraine's constitution to give a large degree of autonomy to eastern Ukraine, something Kiev and its Western backers reject.

"Russia will come to the talks with the position that 'Donetsk and several neighboring regions are already ours - now let's talk about federalization'," said Leshchenko, a commentator with the Ukrainska Pravda newspaper.

'Gas war'

With the crisis in Ukraine still unresolved, the gas dispute threatens to affect millions of people across Europe.

A large proportion of the natural gas that EU states buy from Russia is pumped via Ukrainian territory, so if Russia makes good on a threat to cut off Ukraine for non-payment of its bills, customers farther west will have supplies disrupted.

Russia is demanding Kiev pay a much higher price for its gas, and settle unpaid bills. Russian state-owned gas giant Gazprom and its Ukrainian counterpart, Naftogaz, are in talks, but the chances of an agreement are slim.

"I would say we are coming nearer to a solution of the situation, but one in the direction that is bad for Ukraine," Ukrainian energy minister Yuri Prodan said in an interview with the German newspaper Boersenzeitung.

"We are probably steering towards Russia turning off its gas provision," he was quoted as saying.

That raised the specter of a repeat of past "gas wars", when Ukraine's gas was cut off with a knock-on effect on supplies to EU states.

The scope for compromise narrowed after the Naftogaz chief executive told a Ukrainian newspaper that Kiev was suspending payments to Gazprom pending a conclusion of talks on a new deal.

Ukraine has de facto stopped payments already because it failed to make an installment of over $500 million due this month to Gazprom.

Moscow says it does not want to turn off Ukraine's gas if it can be avoided, and that it will honor all commitments to supply its EU customers.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
July 17,2020

Jul 17: US President Donald Trump has said that he wants to do everything possible to keep peace for the people of India and China, according to his spokesperson

Over the past several weeks, the Trump administration has come out in support of India against China.

“He (Trump) said I love the people of India and I love the people of China and I want to do everything possible to keep the peace for the people,” White House Press Secretary Kayleigh McEnany told reporters at a news conference here on Thursday.

She was responding to a question on Trump’s message to India, which recently had a standoff with China in eastern Ladakh along the Line of Actual Control.

Earlier in the day, White House Economic Advisor Larry Kudlow described India as a great ally, saying President Trump is a great friend of Prime Minister Narendra Modi.

On Wednesday, Secretary of State Mike Pompeo said that India has been a great partner of the US.

“India has been a great partner… They are an important partner of ours. I have a great relationship with my foreign minister counterpart. We talked frequently about a broad range of issues. We talked about the conflict they had along the border with China. We've talked about the risk that emanates from the Chinese telecommunication infrastructure there,” Pompeo told reporters in response to a question.

Travelling in Europe, US National Security Advisor Robert O’Brien told reporters that China has been very aggressive with India.

O’Brien said that India is a democracy and is a great friend of the United States. Prime Minister “Modi and President Trump have a super relationship,” he said.

“In fact, it was the last foreign trip that I took with the president before the COVID-19 crisis hit, was to India, and we had a great reception of the Indian people there. We have a lot in common with them, we speak English, we're democracies. We've got a growing, very strong relationship with India,” O’Brien said.

Welcoming the White House statement, Al Mason, co-chair of the Trump Victory Indian American Finance Committee, said that unlike his predecessor, President Trump has come out openly in support of India.

“Most of the Indian-Americans have observed that every earlier president - be it a Democrat or Republican, like Clinton or Bush Senior or Bush Jr or Obama have been very scared to side with India openly, for fear of hurting China.

“Only President Trump has had the courage to say that… I love India, America respects India… US stands with India - and that also, to over one billion Indians in India at the Namaste Trump rally held in India… and that too… near India’s neighbour China,” Mason said in a statement.

“And he is consistent in his love for India and Indian-Americans,” he added.

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News Network
July 9,2020

Washington, Jul 9: The United States recorded 55,000 new coronavirus cases in 24 hours on Wednesday (Thursday in Malaysia), a tally by Johns Hopkins University showed, bringing its total to 3,046,351 recorded infections since the pandemic began.

The country, the hardest-hit in the world, had earlier on Wednesday passed the grim milestone of three million infections. The actual number is likely far higher due to issues over getting tested in March and April.

The US also added an additional 833 virus deaths, bringing the death toll to 132,195, the Baltimore-based institution showed at 8.30pm (0030 GMT Thursday).

US President Donald Trump regularly downplays the numbers, attributing them to an increase in testing capacity during the month of June.

Coronavirus cases are surging in several southern hotspots including Texas, Florida, Louisiana and Arizona, but the pandemic has almost entirely receded from its former epicentre in New York and the north-east.

Several states have been forced to suspend their reopening processes or even reverse course, with some ordering bars to close again.

On Wednesday morning, Trump called on schools throughout the country to reopen in the fall, lashing out at his own top health agency to ease health and safety requirements aimed at slowing the spread of the virus, such as social distancing.

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