President Joe Biden excoriated Vladimir Putin for making ‘overt nuclear threats’ to Europe as the Russian leader escalated his seven-month war in Ukraine with a partial mobilisation and vowed to annex territory.
US administration says Putin’s move shows he’s ‘struggling’
“With the latest decision, Putin and Russia are only making things much worse,” Scholz told reporters in New York. “He completely misjudged the situation from the start and underestimated both the spirit of resistance of the Ukrainians and also the determination and unity of Ukraine’s friends.”Gold advanced as investors looked for havens after Putin announced the partial mobilisation. Nickel moved higher amid heightened anxiety about Moscow’s exports.
“It shows very clearly to what extent he’s willing to go to advance and continue this illegal and unjustified invasion against Ukraine,” Stano said, adding that any use of such weapons would not only affect the local region but all of Ukraine as well as Europe and Asia. The situation on the Finnish-Russian border remained calm and no troop movements had been detected, Finnish Defence Minister Antti Kaikkonen said. Finland’s defence forces remain prepared and there’s no immediate military threat, said the minister, whose country guards 1,300km of the border with Russia. Finland and Sweden are in the process of joining Nato.The cost of the damage to Ukraine’s environment caused by the war is now estimated at almost 1.
Prices have been increasingly at the mercy of remarks from Putin in recent weeks, as he also criticised a grain pact signed in late July that resumed seaborne shipments from Ukraine. Wheat futures are now back at levels seen before the deal was struck and the escalation raises questions over whether the accord will be extended beyond its initial 120-day run, with the agreement about halfway through.
“This is another bad and misguided step,” Robert Habeck, who is also the economy minister, told reporters in Berlin. “For me and for the federal government it’s in any case clear that we will continue to fully support Ukraine at this difficult time.”The Russian president said in his televised address on Wednesday that Russia is fighting the full might of the North Atlantic Treaty Organization. The US and its allies, he said, were seeking to “destroy” Russia.
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