The #BlackSea blockade by #Russia is changing underwriter #RiskModels even for the #AsiaPacific. #Ukraine #UkraineWar

"#LONDON, #UnitedKingdom– Lloyd’s of #London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving #Taiwan as concerns grow over possible military action by #China, industry sources with knowledge of the matter say."

Lloyd's of London leads insurers tightening Taiwan cover as conflict risks rise
https://www.rappler.com/business/lloyds-london-leads-insurers-tightening-taiwan-cover-conflict-risks-rise/

Lloyd's of London leads insurers tightening Taiwan cover as conflict risks rise

Some insurers are already imposing exclusions on Taiwan in political risk or political violence policies, according to industry sources

RAPPLER

"Since the beginning of 2023, a prolonged and bloody battle has been waged for control of a mid-sized Ukrainian city. Why is #Bakhmut an inflection point, and who stands to gain from its capture?" #Ukraine #Russia

How Bakhmut became a pivot in the #UkraineWar
https://www.theguardian.com/world/ng-interactive/2023/aug/10/how-bakhmut-became-a-pivot-in-the-ukraine-war

How Bakhmut became a pivot in the Ukraine war

Since the beginning of 2023, a prolonged and bloody battle has been waged for control of a mid-sized Ukrainian city. Why is Bakhmut an inflection point, and who stands to gain from its capture?

The Guardian

#Russia’s blockade of #Ukraine’s grain exports through the #BlackSea have fuelled soaring food prices, an important concern for many of Beijing’s allies.

#China doesn’t want to “appear so supportive of #Putin that it will allow the #GlobalSouth to go hungry” said Steve Tsang, director of the Soas China Institute. #UkraineWar

China has its own reasons for being at Ukraine #PeaceTalks in #SaudiArabia
https://www.theguardian.com/world/2023/aug/11/china-ukraine-peace-talks-saudi-arabia-russia

China has its own reasons for being at Ukraine peace talks in Saudi Arabia

Gathering in Jeddah offers Beijing chance to placate global south and limit damage with west over Russia relations

The Guardian

"#KYIV, #Ukraine — A first group of six Ukrainian pilots is not expected to complete training on the #US -made #F16 before next summer, senior Ukrainian government and military officials said, following a series of delays by Western partners in implementing an instruction program for the sophisticated #FighterJet." #UkraineWar

F-16 training for Ukrainian pilots faces delays and uncertainty
https://www.msn.com/en-us/news/world/f-16-training-for-ukrainian-pilots-faces-delays-and-uncertainty/ar-AA1f7HZ6

MSN

"Since the end of spring, the old Soviet #Su24M bombers in service with the brigade have been equipped with the latest British-French #StormShadow missiles. They are used to hit enemy arsenals and headquarters of Russian troops in the rear, as well as bridges leading to #Crimea." #UkraineWar

#BBC #Ukraine reports on Ukraine's air-launched #CruiseMissile capabilities
https://news.yahoo.com/bbc-ukraine-reports-ukraines-air-193200361.html

Yahooist Teil der Yahoo Markenfamilie

And of course the #UkraineWar and the #Russia #sanctions have nothing to do with it 🙄 #Ukraine

An economic adviser to Russian leader Vladimir #Putin has criticised the country’s central bank, suggesting that it is to blame for the weakness of the #rouble and setting the stage for monetary policy tightening.
https://www.theguardian.com/business/live/2023/aug/14/uk-employers-pay-rises-bank-of-england-ftse-100-china-property-mortgage-interest-rates-business-live?page=with:block-64d9e8958f08e1f5a10e7d70#block-64d9e8958f08e1f5a10e7d70

UK employers to raise pay; tensions in Moscow as Russian rouble falls – business live

Rolling live coverage of business, economics and financial markets

the Guardian

"#Russia invaded #Ukraine in February 2022, and #mines have since then been laid in the #BlackSea by the combatants. Romanian, Bulgarian and Turkish military diving teams have been defusing those that have drifted into their waters.

The sea is crucial for shipments of #grain, #oil and #OilProducts and is shared by #Bulgaria, #Romania, #Georgia and #Turkey, as well as Ukraine and #Russia." #UkraineWar

Romania deploys ship, chopper to find stray Black Sea mines
https://www.reuters.com/world/europe/romania-deploys-ship-chopper-find-stray-black-sea-mines-2023-08-14/

Romania deploys ship, chopper to find stray Black Sea mines

Romania's navy said it deployed a ship and a helicopter on Monday to scout for stray mines on the country's Black Sea coast, after a pier in the seaside resort of Costinesti was lighly damaged in an explosion.

Reuters

"It is believed that tens of thousands of Ukrainian men have left the country illegally since the full-scale war with #Russia started last February, many by paying bribes. On Friday, the Ukrainian president, Volodymyr #Zelenskiy, fired every regional #MilitaryRecruitment head in the country, citing endemic #corruption in the apparatus." #DraftEvasion #UkraineWar #Ukraine

#Bribes and hiding at home: the Ukrainian men trying to avoid conscription
https://www.theguardian.com/world/2023/aug/15/bribes-and-hiding-at-home-the-ukrainian-men-trying-to-avoid-conscription

Bribes and hiding at home: the Ukrainian men trying to avoid conscription

Some are spending life savings to stay out of the war, but such actions are seen as treasonous by those already fighting

The Guardian

"As long as the war continues it just gets worse for #Russia, the #RussianEconomy and the #rouble. Hiking policy rates won’t solve anything" -Timothy Ash, senior emerging markets sovereign strategy at Bluebay Asset Management in London #Ukraine #UkraineWar

As long as the war continues it just gets worse for Russia' – analysts
https://www.theguardian.com/business/live/2023/aug/15/uk-basic-wage-growth-russia-china-central-bank-interest-rates-business-live?page=with:block-64db515a8f08f412aaa9afc7#block-64db515a8f08f412aaa9afc7

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – business live

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

the Guardian

Despite the threats, last week #Ukraine announced a "humanitarian corridor" in the #BlackSea to release #CargoShips that have been trapped in its ports, pledging full transparency to make clear they were serving no military purpose. #Russia #UkraineWar

Cargo ship leaves Ukrainian port despite Russian threat of attack
https://www.reuters.com/world/europe/cargo-ship-leaves-ukrainian-port-despite-russian-threat-attack-2023-08-16/

Cargo ship leaves Ukrainian port despite Russian threat of attack

A container ship set off from Ukraine's Black Sea port of Odesa on Wednesday in a test of Russia's threat to attack shipping after it abandoned a deal last month allowing Ukraine to export grain.

Reuters

"But elsewhere one thing is clear: since Vladimir #Putin launched his full-scale invasion of #Ukraine last February, #Moscow has had to resort to riskier and less conventional methods of spying, mainly because so many of the spies it had placed under diplomatic cover in #Europe have been expelled." #EU #espionage #UkraineWar

#Russia turning to #SleeperCells and unofficial agents
https://www.theguardian.com/world/2023/aug/15/russia-turning-to-sleeper-cells-and-unofficial-agents

Russia turning to sleeper cells and unofficial agents

Moscow has turned to riskier methods of espionage after expulsion of spies it had placed under diplomatic cover in Europe

The Guardian
Russia-Ukraine war live: no chance of using F-16 jets this year, Ukraine says; US condemns Russian grain attacks

Ukraine’s air force says fighter jets will not be ready to use this winter; US stae department calls for Putin to return to grain deal

the Guardian
#Russia is making steady progress toward its goal of mass producing a type of Iranian attack #drone that could travel more than 1,000 miles and target Ukrainian cities, Reuters reports, citing the Washington Post, who cited documents about the plan. #Shahed136 #Ukraine #UkraineWar
https://www.theguardian.com/world/live/2023/aug/17/russia-ukraine-war-live-updates-f-16-jets-russian-grain-price-attacks-usa?page=with:block-64de315d8f0804acf1a11d60#block-64de315d8f0804acf1a11d60
Russia-Ukraine war live: Nato chief says only Kyiv can decide conditions for peace talks after territory row

Jens Stoltenberg’s comments come after his chief of staff suggested Ukraine could give up land as a condition of Nato membership

the Guardian

Only eight Ukrainian pilots are in the first batch which is short of a full squadron (12). Pilot skill isn't the problem, the bottleneck is the need for English language proficiency.

"#Ukraine had a small air force of Soviet-standard jets at the start of the war. It has actively sought the US-made #F16 fighter to help it counter Russian air superiority." #UkraineWar

US reportedly approves sending F-16 jets to Ukraine from #Denmark and #Netherlands
https://www.theguardian.com/world/2023/aug/18/us-reportedly-approves-sending-f-16-jets-to-ukraine-from-denmark-and-netherlands

US reportedly approves sending F-16 jets to Ukraine from Denmark and Netherlands

Secretary of state Antony Blinken confers ‘full support’ for transfer of F-16s and training of pilots

The Guardian

They let the monsters out.

"Concern that #convicts re-entering society after stints in #Ukraine will bring ‘wave of #murder, #rape and #DomesticViolence’" #Russia #UkraineWar

Russian women living in fear as convicted murderers freed to fight for #Wagner return
https://www.theguardian.com/world/2023/aug/19/russian-women-wagner-convicts-war-ukraine

Russian women fear return of murderers freed to fight for Wagner

Concern that convicts re-entering society after stints in Ukraine will bring ‘wave of murder, rape and domestic violence’

The Guardian
@Norobiik Orc kills Orc. I like it.