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U.S. under fire for giving cluster weapons to Ukraine as Biden hits NATO summit

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Joe Biden is in Europe as he tries to sure up support for Ukraine, 500 days after Russia kicked off its war

 
Democratic lawmakers in Washington have expressed concerns over President Joe Biden’s administration’s decision to send cluster bombs to Ukraine in order to combat the ongoing Russian invasion.

The United States announced on Friday that it would provide Kyiv with these widely banned munitions as part of an $800 million security package, bringing the total U.S. military aid to Ukraine to over $40 billion since the start of the invasion in February 2022.

This decision has raised questions from human rights groups and United Nations Secretary-General Antonio Guterres.

Democratic Senator Tim Kaine voiced his reservations, highlighting that it could potentially encourage other countries to disregard the international convention that prohibits the use of cluster bombs.

Jake Sullivan, the White House national security adviser, stated on Sunday that Ukraine had given written assurances that the cluster bombs would not be used in Russia or populated areas.

Cluster munitions, which release numerous small bomblets that can cause indiscriminate casualties over a wide area, are prohibited by over 100 countries. Notably, Russia, Ukraine, and the United States have not signed the Convention on Cluster Munitions, which prohibits the production, stockpiling, use, and transfer of these weapons.

Calls have been made by lawmakers, such as Senator Lee, urging the Biden administration to reconsider its decision.

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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