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Jens Stoltenberg: “War in Ukraine is consuming an enormous amount of munitions”

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NATO Secretary-General Jens Stoltenberg has warned that Ukraine is using up ammunition faster than its allies can provide

This is all on the back of Vladimir Putin beginning Russia’s military offensive in Ukraine, as it approaches the one-year anniversary of the war.

Ukraine is reportedly firing around 7,000 artillery shells each day, as it tries to defend territory.

Stoltenberg revealed the wait time for ammunition orders had increased from 12 to 28 months.

“The current rate of Ukraine’s ammunition expenditure is many times higher than our current rate of production. This puts our defence industries under strain,” Stoltenberg said.

“The war in Ukraine is consuming an enormous amount of munitions and depleting allied stockpiles.”

The former Norwegian prime minister said that President Vladimir Putin has already begun Russia’s long-anticipated spring military offensive in Ukraine, “so we must continue to provide Ukraine with what it needs to win and to achieve a just and sustainable peace.”

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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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