MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

Intermediate PPI Deflation Continues To Fade in June

MNI: GERMANY JUNE PPI  +0.2 % M/M (+0.1% FCAST, 0.0% PRIOR)

Disappointing data but no market reaction

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Kremlin-New UK PM Comments Re: Ukraine Striking Russia 'Irresponsible'

RUSSIA
EM BulletHomepagemarkets-real-timePolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletEmerging Market NewsPolitical Market News

Kremlin spox Dmitry Peskov has responded to comments from new UK PM Sir Keir Starmer regarding Ukraine's use of UK-made Storm Shadow missiles. While travelling to the NATO summit in Washington, D.C., Starmer said that it was up to Ukraine how it chooses to use the missiles, adding that “obviously to be used in accordance with international humanitarian law as you would expect,” adding that it was his view that the missiles be used "for defensive purposes. But it is for Ukraine to decide how to deploy it for those defensive purposes,”

  • Storm Shadows have a range of more than 155 miles (250km), meaning they could hit targets far into the Russian Federation depending on their deployment.
  • Strikes on key infrastructure in Russia, such asoil refineries, have so far been carried out by drones. Should Ukraine be able to use long-range missiles to hit Russia proper it could significantly increase the effectiveness and damage caused by such strikes.
  • Peskov said that 'If the UK allows Ukraine to strike Russia with British weapons, this is [and] irresponsible escalatory step', adding 'we will respond'.
  • Bloomberg reports: "...the US government has so far resisted lifting all restrictions on the use of its weapons by Kyiv. The Biden administration says it has not enabled Ukrainian strikes deep within Russia, considering that a red line in order to prevent escalation with Moscow."
227 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Kremlin spox Dmitry Peskov has responded to comments from new UK PM Sir Keir Starmer regarding Ukraine's use of UK-made Storm Shadow missiles. While travelling to the NATO summit in Washington, D.C., Starmer said that it was up to Ukraine how it chooses to use the missiles, adding that “obviously to be used in accordance with international humanitarian law as you would expect,” adding that it was his view that the missiles be used "for defensive purposes. But it is for Ukraine to decide how to deploy it for those defensive purposes,”

  • Storm Shadows have a range of more than 155 miles (250km), meaning they could hit targets far into the Russian Federation depending on their deployment.
  • Strikes on key infrastructure in Russia, such asoil refineries, have so far been carried out by drones. Should Ukraine be able to use long-range missiles to hit Russia proper it could significantly increase the effectiveness and damage caused by such strikes.
  • Peskov said that 'If the UK allows Ukraine to strike Russia with British weapons, this is [and] irresponsible escalatory step', adding 'we will respond'.
  • Bloomberg reports: "...the US government has so far resisted lifting all restrictions on the use of its weapons by Kyiv. The Biden administration says it has not enabled Ukrainian strikes deep within Russia, considering that a red line in order to prevent escalation with Moscow."