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Chief navy chief resigns over “categorically unacceptable” comments

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Kay-Achim Schönbach has resigned from his role as Chief of the German Navy “with immediate effect” in order to “avert further damage”

During a think-tank discussion in India, he made some controversial comments, which was posted for the world to hear via social media.

In the video the former chief made some controversial comments over Ukraine and says Putin needed to be treated as an equal by the West

He said the idea that Russia wanted to invade Ukraine was nonsense and all President Putin wanted was respect.

Also adding that the Crimean peninsula “is gone and will never come back”.

A number of countries have supplied weapons to Ukraine, including the US and UK, however Germany has refused Ukraine’s request for ammunition.

Now when it comes to the backlash from Schönbach’s comments, the Ukraine foreign ministry had some stern words to share.

They described the comments as “categorically unacceptable”.

He was called upon at home to explain his views.

A spokesperson said these declarations “do not correspond at all to the position of the German ministry of defence,”

Germany reacted swiftly to his comments made on Friday as By late Saturday, shon-back had asked for his dismissal, saying he wanted to prevent further damage resulting to Germany and its military from his “ill-considered statements”.

The German navy has now appointed his deputy as interim naval chief.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


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Trump and Xi strike temporary trade truce after six years

Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.

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Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.


President Donald Trump and Chinese leader Xi Jinping have agreed to a temporary trade truce, cutting tariffs and boosting U.S. exports.

Analysts remain cautious, warning deep economic divides still linger.

#Trump #XiJinping #TradeDeal #USChinaRelations #Tariffs #GlobalTrade #Economy #Soybeans #RareEarths #TickerNews


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