NORGES: RATES PROBABLY AT CURRENT LEVEL QUITE SOME TIME

RATES MAY NEED TO BE ON HOLD LONGER THAN ENVISIONED: NORGES

MNI: NORGES BANK LEAVES RATES UNCHANGED AT 4.50%

MNI WATCH: CNB Seen Cutting 50Bps to 5.25%, Signal Slower Pace

MNI China Daily Summary: Tuesday, April 30

MNI BRIEF: China To Keep Tackling Risks In Real Estate, Debts

MNI: BAKER HUGHES US RIG COUNT 605; OIL RIGS 499; GAS RIGS 102

BoE Data Watch

RBA Data Watch

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Lavrov Escalates Nuclear Rhetoric Following US Movement On New UKR Aid

SECURITY
Metals bulletEM BulletFixed Income BulletsHomepagePolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsPolitical Market News

Wires carrying comments from Russian Foreign Minister Sergei Lavrov appearing to escalate nuclear rhetoric. The comments come after the United States House of Representatives approved a USD$60 bln package of aid to Ukraine, and ahead of a trip to China from US Secretary of State Antony Blinken where he is expected to warn of the consequences of Beijing's continued, "support for Russia’s defense industrial base."

  • Lavrov: “US and NATO are obsessed with the idea of inflicting 'strategic defeat' on Russia... West is teetering dangerously on the brink of a direct military clash between nuclear powers."
  • Lavrov adds that the, “West's three nuclear powers are the key sponsors of the 'criminal Kyiv' regime," noting that Russia sees, "serious strategic risks that could lead to an increase in the level of nuclear danger.”
  • A senior Biden Administration official told reporters yesterday, on Blinken's trip to China: "...the concern there is that through Chinese support, Russia has largely reconstituted its defense industrial base... We’ll express those concerns to China and we will express our intent to have China curtail that support which is having – which is starting to pose, of course, such a threat to European security."
  • The US Senate is expected to take up the Ukraine aid package on Tuesday. After approval of the package, transfer of weapons from US stocks in Eastern Europe are expected to begin immediately, replenishing major shortfalls in missile defence systems which have hindered Kyiv for months and handed a battlefield advantage to Russia.
244 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.

Wires carrying comments from Russian Foreign Minister Sergei Lavrov appearing to escalate nuclear rhetoric. The comments come after the United States House of Representatives approved a USD$60 bln package of aid to Ukraine, and ahead of a trip to China from US Secretary of State Antony Blinken where he is expected to warn of the consequences of Beijing's continued, "support for Russia’s defense industrial base."

  • Lavrov: “US and NATO are obsessed with the idea of inflicting 'strategic defeat' on Russia... West is teetering dangerously on the brink of a direct military clash between nuclear powers."
  • Lavrov adds that the, “West's three nuclear powers are the key sponsors of the 'criminal Kyiv' regime," noting that Russia sees, "serious strategic risks that could lead to an increase in the level of nuclear danger.”
  • A senior Biden Administration official told reporters yesterday, on Blinken's trip to China: "...the concern there is that through Chinese support, Russia has largely reconstituted its defense industrial base... We’ll express those concerns to China and we will express our intent to have China curtail that support which is having – which is starting to pose, of course, such a threat to European security."
  • The US Senate is expected to take up the Ukraine aid package on Tuesday. After approval of the package, transfer of weapons from US stocks in Eastern Europe are expected to begin immediately, replenishing major shortfalls in missile defence systems which have hindered Kyiv for months and handed a battlefield advantage to Russia.